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$ 799,000
Active
0 Stonecrest Street Morehead, KY 40351
14.66 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Rural
MLS Listing ID 26013104
Lot Size 14.660 Acres
Acres 14.66
Property Sub-Type Business
Property Description
Exceptional opportunity to acquire a partially completed residential subdivision on 14.66 acres with substantial infrastructure already in place. The development was originally designed for 37 residential lots, with one home already constructed and sold, demonstrating proven market demand. A second spec home is nearly complete, leaving 35 remaining residential lots available for future development by new owner. Utility infrastructure is reported complete for a significant portion of the development, including sewer, water, electric, data, and cable. The subdivision is prepared for base blacktop, with manhole covers already purchased and portions of gravel installed, offering meaningful savings in both time and upfront development costs. A completed footer for an additional home is also in place, providing immediate build potential. The remaining lots are also available in combination with the nearly completed spec home (see MLS #26008027 and #26008030), offering flexible acquisition options for builders or developers. Ideally located approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake. Rare opportunity for builders, developers, or investors to step into a well-located subdivision with infrastructure, momentum, and scalability already in place.
Location
State KY
County Rowan
Zoning Other
Exterior
View Y/N N
Handicap Access No
Private Pool No

Listed by Paragon Realty Partners
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