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0 Stonecrest Street, Morehead, KY 40351
New Listing
$799,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
638,590
Status:
Active
Current Price:
$799,000
List Date:
6/07/2026
Last Modified:
6/07/2026
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.
Supplements: ********
More Information MLS# 26013104
Listing Information
Comp Sale YN: No
Property Sub Type: Business
Address
Parcel Number: 011-00 00 013.00
County: Rowan
Street Name: Stonecrest
Street Suffix: Street
State: KY
Zip Code: 40351
Contract
Start Showing Date: 2026-06-06
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
Current Price: $799,000
Original List Price: 799000
Status: Active
Listing Contract Date: 2026-06-06
List Price: $799,000
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
Interior
Living Area Units: Square Feet
Building Area Total: 0
Building Area Source: Owner
Building Area Units: Square Feet
Building
Accessibility Features YN: No
Year Built: 9999
Lot
Lot Size Acres: 14.66
Lot Size Square Feet: 638589.6
Remarks
Public Remarks: 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.
Possession
Close Of Escrow: 1
Showing Considerations
Electricity Not On: 1
No Exterior Lighting: 1
Business Type
Other: 1
Sale Includes
Land: 1
Other: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Showing Information
Showing Instructions: ShowingTime Call Listing Agent
Status Change Information
Status Change Timestamp: 2026-06-06
Tax Legal
MLS Area Major: 061 - Rowan County
Subdivision Name: Rural
Property Features
Business Type: Other
Possession: Close Of Escrow
Sale Includes: Land; Other
Showing Considerations: Electricity Not On; No Exterior Lighting
Showing Requirements: Call Listing Agent; Showing Service
Listing Office:
Paragon Realty Partners
Last Updated: June - 07 - 2026
Information deemed reliable but not guaranteed.


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