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35 Stonecrest Street, Morehead, KY 40351
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35 Stonecrest Street, Morehead, KY 40351
35 Stonecrest Street, Morehead, KY 40351
35 Stonecrest Street, Morehead, KY 40351
35 Stonecrest Street, Morehead, KY 40351
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 1,100,000
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35 Stonecrest Street Morehead, KY 40351

1,900 SqFt

UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $578

Subdivision Rural

MLS Listing ID 26008030

Year Built 2022

Lot Size 14.900 Acres

Acres 14.9

Property Sub-Type Business

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.

Location

State KY

County Rowan

Zoning Other

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Building

Sewer Public Sewer

New Construction Yes

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Paragon Realty Partners
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

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35 Stonecrest Street

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