TBD Stonecrest Street, Morehead, KY 40351

$1,100,000
Property Type: Commercial Sale Square Footage: 1,900 Lot Size (sq. ft.): 649,044 Status: Active
Current Price: $1,100,000 List Date: 4/16/2026 Last Modified: 5/15/2026

Overview

Description

This exceptional property presents a ready-to-advance residential development on 14.9 acres with significant groundwork already completed. The project was originally planned for 37 residential lots, with one home already built and sold, demonstrating proven market demand. A second, beautifully designed home is nearly complete and included, and the footer is completed for a third home, adding immediate value for the next owner or developer. The seller indicates that utility infrastructure is complete for 22 of the 37 lots, including sewer, water, electric, data, and cable, and the development is ready for base blacktop. Manhole covers have been purchased, and some gravel is in place, substantially reducing upfront costs and development timelines. Ideally located just 2 miles from Interstate 64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, this development offers strong appeal to future homeowners seeking convenience, recreation, and quality surro ...

Listing Details MLS# 26008030

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Price Change Timestamp
2026-05-15T00:10:42Z
Status Change Timestamp
2026-04-15

Address

County
Rowan
Street Number
TBD
Street Name
Stonecrest
Street Suffix
Street
State
KY
Zip Code
40351
Parcel Number
011-00 00 013.00

Contract

Original List Price
1300000
Start Showing Date
2026-04-15
Listing Contract Date
2026-04-15
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
578.95

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
Rural

Interior

Living Area Units
Square Feet
Living Area Source
Public Records
Building Area Total
1900
Building Area Source
Other
Building Area Units
Square Feet
Living Area
0

More Information

Building

Basement YN
No
Year Built
2022
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
14.9
Lot Size Square Feet
649044

Utilities

Cooling YN
No
Heating YN
No
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Remarks

Public Remarks
This exceptional property presents a ready-to-advance residential development on 14.9 acres with significant groundwork already completed. The project was originally planned for 37 residential lots, with one home already built and sold, demonstrating proven market demand. A second, beautifully designed home is nearly complete and included, and the footer is completed for a third home, adding immediate value for the next owner or developer. The seller indicates that utility infrastructure is complete for 22 of the 37 lots, including sewer, water, electric, data, and cable, and the development is ready for base blacktop. Manhole covers have been purchased, and some gravel is in place, substantially reducing upfront costs and development timelines. Ideally located just 2 miles from Interstate 64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, this development offers strong appeal to future homeowners seeking convenience, recreation, and quality surroundings. Don't miss a rare chance to step into a partially completed, well-located residential development with momentum already in place. This is ideal for builders, developers, or investors looking to capitalize on existing infrastructure and a prime location.

Showing Information

Showing Instructions
ShowingTime Call Agent

Tax & Legal

Tax Rate
0.837
Zoning
Other
Directions
From Lexington- take I-64 east to Exit 133 and turn left onto Highway 801 north; drive 2 miles and turn left onto Bluebank Rd.;. drive .2 mile and turn right onto Stonecrest St.

Association/Community

Number Of Buildings
1

Construction Materials

Vinyl Siding
Yes

Possession

Negotiable
Yes

Property Condition

New Construction
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Electricity Not On
Yes
No Exterior Lighting
Yes

Business Type

Other
Yes

Sale Includes

Land
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Available; Sewer Available; Water Available; Electricity Available; Sewer Available; Water Available Business Type: Other Construction Materials: Vinyl Siding Possession: Negotiable Property Condition: New Construction Roof: Shingle Sale Includes: Land; Other Sewer: Public Sewer Showing Considerations: Electricity Not On; No Exterior Lighting Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Paragon Realty Partners
Last Updated: May - 15 - 2026
Information deemed reliable but not guaranteed.