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.