2385 KY Hwy 801, Morehead, KY 40351

$1,300,000
Property Type: Land Lot Size (sq. ft.): 816,402 Status: Active
Current Price: $1,300,000 List Date: 4/23/2026 Last Modified: 4/24/2026

Overview

Description

Positioned for both immediate income and long-term growth, Shady Pines Inn (name doesn't convey) offers a rare opportunity to own a fully furnished, turnkey short-term rental situated on 18.742 surveyed acres in a prime commercial corridor between Interstate 64 and Cave Run Lake, just 0.7 mile from Exit 133, providing exceptional accessibility while maintaining a private, wooded setting that guests consistently seek. Currently operating as a successful vacation rental is ready for continued Airbnb or short-term rental use, featuring 3 bedrooms and 1.5 baths, a living area with ample seating and a huge kitchen designed for guest convenience. A walkout basement could be finished into another STR or expand the current one with a fireplace already plumbed for propane offering additional potential living or recreational space should you choose to utilize it. Outdoor amenities enhance the guest experience and drive repeat bookings, including a spacious deck overlooking the woods, a private p ...

Listing Details MLS# 26008811

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2026-04-23

Address

County
Rowan
Street Number
2385
Street Name
KY Hwy 801
State
KY
Zip Code
40351
Directions
From KY 801 and I-64 travel south on KY 801 to the property on the right
Parcel Number
013-00 00 006.00

Contract

Original List Price
1300000
Start Showing Date
2026-04-23
Listing Contract Date
2026-04-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
69362.93
List Price/SqFt
1.59

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
Rural

Lot

Lot Size Acres
18.742
Lot Size Square Feet
816401.52
Conservation Easement YN
No
View YN
Yes
Elevation Units
Feet

More Information

Remarks

Public Remarks
Positioned for both immediate income and long-term growth, Shady Pines Inn (name doesn't convey) offers a rare opportunity to own a fully furnished, turnkey short-term rental situated on 18.742 surveyed acres in a prime commercial corridor between Interstate 64 and Cave Run Lake, just 0.7 mile from Exit 133, providing exceptional accessibility while maintaining a private, wooded setting that guests consistently seek. Currently operating as a successful vacation rental is ready for continued Airbnb or short-term rental use, featuring 3 bedrooms and 1.5 baths, a living area with ample seating and a huge kitchen designed for guest convenience. A walkout basement could be finished into another STR or expand the current one with a fireplace already plumbed for propane offering additional potential living or recreational space should you choose to utilize it. Outdoor amenities enhance the guest experience and drive repeat bookings, including a spacious deck overlooking the woods, a private pond with catch-and-release fishing, a fire pit, and a walking trail winding through the property, all just minutes from Morehead and Cave Run Lake. So much opportunity for expansion or development in an extremely high traffic corridor. With its strategic location, established rental appeal and significant acreage in a high-visibility area, this property presents a unique blend of lifestyle investment and commercial opportunity. Pre-approval letter or proof of funds must be provided to the listing agent prior to confirming any showing appointment and as this property is an active short-term rental, showing availability may be limited and occasional scheduling delays should be expected, so please allow flexibility when coordinating showings.

Tax & Legal

Zoning
Other

Lot Features

Gentle Sloping
Yes
Irregular Lot
Yes
Wooded
Yes

View

Trees/Woods
Yes
Water
Yes

Current Use

Recreational
Yes
Residential
Yes

Showing Requirements

Showing Service
Yes

Property Features

Current Use: Recreational; Residential Lot Features: Gentle Sloping; Irregular Lot; Wooded View: Trees/Woods; Water Showing Requirements: Showing Service
Listing Office: HomeLand Real Estate Inc
Last Updated: April - 24 - 2026
Information deemed reliable but not guaranteed.