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TBD Stonecrest Street

Morehead, KY 40351
  • $1,300,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 26008030
UPDATED: 63 min ago
$1,300,000
  • 0
    BEDS
  • 14.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2022
County:
Area:

School Ratings & Info

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 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.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/175244509
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TBD Stonecrest Street Morehead, KY 40351

  • Price: $1,300,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 63 min ago
  • MLS #: 26008030
0
Beds
0
Baths
0
½ Baths
14.9
Acres
2022
Built
Neighborhood:
Rural
County:
Rowan
Area:
Rowan County
Property 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 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.
Exterior Features

Construction Materials Vinyl Siding Parking Features [] Roof Shingle

Interior Features

Basement [] Basement YN No Building Area Total 1900 Building Features [] Cooling [] Cooling YN No Heating [] Heating YN No

Property Features

Accessibility Features YN No Business Type Other Electric [] Listing Terms [] Property Condition New Construction Property Sub Type Business Security Features [] Sewer Public Sewer Special Listing Conditions [] Tenant Pays [] Utilities Electricity AvailableSewer AvailableWater Available

Bluegrass REALTORS® logo Listing provided courtesy of Jill Ratliff of Paragon Realty Partners: 513-515-2116 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502