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35 Stonecrest Street, Morehead, KY 40351

$1,100,000
  • 35 Stonecrest Street, Morehead, KY 40351 Main Photo

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Active
BEDS3 BATHS2 full 1 partial MLS#26008027
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONRural SCHOOLRowan County - 61

Property Description

This exceptional property presents a ready-to-advance residential development spanning 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 spec home is nearly complete and currently included, and the footer is completed for a third home, adding immediate value and momentum 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. The development is ready for base blacktop, with manhole covers already purchased and some gravel in place, substantially reducing upfront costs and accelerating development timelines. This property is also available for purchase without the spec home included (see MLS #26013104), offering added flexibility for builders or developers seeking to customize construction plans or adjust capital allocation. Ideally located just 2 miles from I-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. A rare opportunity to step into a partially completed, well-located residential development with infrastructure, flexibility, and momentum already in place - ideal for builders, developers, or investors.

35 Stonecrest Street | MLS# 26008027

This single family home located at 35 Stonecrest Street, Morehead, KY 40351 is currently listed for sale with an asking price of $1,100,000. This property has 3 bedrooms and 2 full and 1 partial baths. Stonecrest Street is located in the Rural subdivision within the Rowan County - 61 school district. Search Rural real estate on www.salliedavidson.com today.

Property Features

Property Type: Residential - Single Family
Fireplaces: 1
Garage: 2
Lot Size: 14.90 Acres
Roof Type: Shingle
Stories: 1.0

Amenities

Eat-in Kitchen
Primary First Floor
Walk-In Closet(s)
Ceiling Fan(s)

Feature Descriptions

Attic: Pull-Down Stairs
Days on Site: 67
Exterior: Vinyl Siding
Fireplace Features: Gas Log, Living Room
Flooring: Ceramic Tile, Wood
Laundry: Main Level
Laundry Features: Main Level
Lot Dimensions: 14.900 acre(s)
Parcel #: 011-00 00 013.03
Parking Notes: Attached Carport, Driveway, Garage Faces Side
Rooms Total: 9
Structure Type: House
Utilities: Electricity Available, Sewer Available, Water Available

Local Schools

High School: Rowan Co
Middle School: Rowan Co
Elementary School: McBrayer
School District: Rowan County - 61

Listed By / Shown By

Listed By

Agency Name: Paragon Realty Partners

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 4,272.43 per month $3,951.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $320.83 Homeowner's Insurance

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