7220 Flemingsburg Road, Morehead, KY 40351

$359,900
Property Type: Farm Lot Size (sq. ft.): 1,160,003 Status: Active
Current Price: $359,900 List Date: 6/20/2025 Last Modified: 10/22/2026

Overview

Description

Discover the potential of this approximately 26.63-acre rolling farm tract on Flemingsburg Road (Hwy 32), just minutes from Interstate 64 Exit 137 near the Rowan-Fleming county line. The property offers significant road frontage, flexible zoning, and a mix of open pasture and wooded areas suitable for agricultural, residential, recreational, or limited commercial use. Existing improvements include a traditional milking barn that can support livestock, storage, or workshop use; a house seat (with home removal); and a rented mobile home that provides current income. The land was recently logged. Location advantages include convenient access to Morehead State University, Cave Run Lake recreation, the expanding Eastern Light Distilling campus, St. Claire Regional Medical Center, and the commercial growth around Exit 137. The tract can also be combined with nearby acreage for larger plans. A gas company easement is planned through the property. Whether you are looking for a working farm, in ...

Listing Details MLS# 25013140

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2026-10-22T16:24:37Z
Status Change Timestamp
2025-06-19

Address

County
Rowan
Street Number
7220
Street Name
Flemingsburg
Street Suffix
Road
State
KY
Zip Code
40351
Parcel Number
028-0000001.00

Contract

Original List Price
532600
Start Showing Date
2025-06-19
Listing Contract Date
2025-06-19
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
13514.83

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
Rural

Lot

Lot Size Source
Public Records
Lot Size Acres
26.63
Lot Size Square Feet
1160003
Lot Size Dimensions
irregular
Conservation Easement YN
No
View YN
Yes

More Information

Utilities

Cooling YN
No
Heating YN
No

Remarks

Public Remarks
Discover the potential of this approximately 26.63-acre rolling farm tract on Flemingsburg Road (Hwy 32), just minutes from Interstate 64 Exit 137 near the Rowan-Fleming county line. The property offers significant road frontage, flexible zoning, and a mix of open pasture and wooded areas suitable for agricultural, residential, recreational, or limited commercial use. Existing improvements include a traditional milking barn that can support livestock, storage, or workshop use; a house seat (with home removal); and a rented mobile home that provides current income. The land was recently logged. Location advantages include convenient access to Morehead State University, Cave Run Lake recreation, the expanding Eastern Light Distilling campus, St. Claire Regional Medical Center, and the commercial growth around Exit 137. The tract can also be combined with nearby acreage for larger plans. A gas company easement is planned through the property. Whether you are looking for a working farm, investment with rental income, renovation project, or long-term land holding near a regional growth corridor, this property offers visibility, usable acreage, and development flexibility. Buyers should verify all details, restrictions, and remaining usable acreage. Investment Highlights • Approximately 26.63 acres of rolling farmland with significant road frontage on Hwy 32 near I-64 Exit 137 • Recently logged, improving access and creating clearer building and pasture areas • Flexible zoning supporting agricultural, residential, recreational, and limited commercial uses • Existing structures: milking barn, fixer-upper house, and rented mobile home (current income) • Minutes from Morehead State University, Cave Run Lake, Eastern Light Distilling, St. Claire Regional Medical Center, and Exit 137 commercial activity • Gas company easement planned through the property • Expansion potential when combined with adjacent or nearby parcels

Land Details

Farm With House YN
No

Showing Information

Showing Instructions
showing time or call agent

Property Features

Utilities: Electricity Available; Water Available; Electricity Available; Water Available Current Use: Agricultural; Cattle; Horses; Pasture; Recreational Farm Improvements: Dairy Barn(s); Tobacco Barn(s) Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possible Use: Agricultural; Cattle; Commercial; Horses; Pasture; Recreational; Residential View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Documents: Aerial Photo; Other
Listing Office: SimpliHOM
Last Updated: October - 22 - 2026
Information deemed reliable but not guaranteed.