7220 Flemingsburg Road, Morehead, KY 40351

$390,000
Property Type: Farm Lot Size (sq. ft.): 1,160,003 Status: Active
Current Price: $390,000 List Date: 6/20/2025 Last Modified: 5/29/2026

Description

Discover the potential of this remarkable rolling farmland nestled in a serene rural setting, offering a unique blend of commercial and residential opportunities. This property encompasses a diverse landscape featuring partially wooded areas, a traditional milking barn, a fixer-upper house, and a rented mobile home, all situated with flexible zoning and ample road frontage. Property Highlights: Flexible Zoning: The property's zoning allows for a variety of uses, including agricultural, residential, and commercial development, catering to your vision and investment needs. Rolling Terrain: The rolling landscape is ideal for farming, recreation, or residential development. Existing Structures: Milking Barn: Perfect for livestock operations or could be repurposed for storage or workshops. FixerUpper House: A great opportunity for renovation, offering the potential for a charming home or rental property. Rented Mobile Home: Provides immediate rental income while you plan your future developments. Potential Uses: Agricultural Ventures: Ideal for crops, livestock, or organic farming, with the existing barn and infrastructure supporting various agricultural operations. Residential Development: Create a private estate, subdivide for multiple homes, or develop a community of custom built residences taking advantage of the beautiful surroundings. Recreational Opportunities: Use the wooded areas for hiking, camping, or outdoor activities, attracting visitors and families looking to enjoy nature. Commercial Ventures: With significant road frontage, consider establishing a farm-to-table market, event venue, or agri-tourism business that capitalizes on the scenic landscape. Expansion Opportunities: This property can be combined with an adjacent 36 acres of rolling wooded countryside or an additional 27 acres of gently rolling farmland across the highway, significantly increasing your investment potential and allowing for larger development plans. Don't miss this rare opportunity to invest in a versatile property that offers endless possibilities in a beautiful rural setting. Whether you're looking to start a farm, develop residential housing, or launch a commercial enterprise, this land is ready for your vision. *Some photos and videos are AI renders to inspire vision.

Supplements: ********

More Information MLS# 25013140

Listing Information

Comp Sale YN: No Property Sub Type: Farm

Address

Parcel Number: 028-0000001.00 County: Rowan Street Number: 7220 Street Name: Flemingsburg Street Suffix: Road State: KY Zip Code: 40351

Contract

Start Showing Date: 2025-06-19 Listing Agreement: Exclusive Right To Sell Occupant Type: Vacant Office Exclusive YN: No List Price/Acre: 14645.14 Current Price: $390,000 Original List Price: 532600 List Price: $390,000 Status: Active Listing Contract Date: 2025-06-19

Tax & Legal

Middle Or Junior School: Rowan Co High School: Rowan Co Tax Rate: 0.853 Zoning: Other Zoning Description: Flexible Directions: Take exit 137 off I 64 to HWY 32, Flemingsburg Road to the Rowan County/Fleming County line approx 5.7 miles. You will find the property on your right across from Maxey Flats turn in. Drive up the long driveway and the land will be above the home on your right.

Interior

Living Area: 0

Lot

Lot Size Source: Public Records Lot Size Acres: 26.63 Lot Size Square Feet: 1160003 Lot Size Dimensions: irregular Conservation Easement YN: No View YN: Yes

Utilities

Cooling YN: No Heating YN: No Electricity Available: 1 Water Available: 1

Remarks

Public Remarks: Discover the potential of this remarkable rolling farmland nestled in a serene rural setting, offering a unique blend of commercial and residential opportunities. This property encompasses a diverse landscape featuring partially wooded areas, a traditional milking barn, a fixer-upper house, and a rented mobile home, all situated with flexible zoning and ample road frontage. Property Highlights: Flexible Zoning: The property's zoning allows for a variety of uses, including agricultural, residential, and commercial development, catering to your vision and investment needs. Rolling Terrain: The rolling landscape is ideal for farming, recreation, or residential development. Existing Structures: Milking Barn: Perfect for livestock operations or could be repurposed for storage or workshops. FixerUpper House: A great opportunity for renovation, offering the potential for a charming home or rental property. Rented Mobile Home: Provides immediate rental income while you plan your future developments. Potential Uses: Agricultural Ventures: Ideal for crops, livestock, or organic farming, with the existing barn and infrastructure supporting various agricultural operations. Residential Development: Create a private estate, subdivide for multiple homes, or develop a community of custom built residences taking advantage of the beautiful surroundings. Recreational Opportunities: Use the wooded areas for hiking, camping, or outdoor activities, attracting visitors and families looking to enjoy nature. Commercial Ventures: With significant road frontage, consider establishing a farm-to-table market, event venue, or agri-tourism business that capitalizes on the scenic landscape. Expansion Opportunities: This property can be combined with an adjacent 36 acres of rolling wooded countryside or an additional 27 acres of gently rolling farmland across the highway, significantly increasing your investment potential and allowing for larger development plans. Don't miss this rare opportunity to invest in a versatile property that offers endless possibilities in a beautiful rural setting. Whether you're looking to start a farm, develop residential housing, or launch a commercial enterprise, this land is ready for your vision. *Some photos and videos are AI renders to inspire vision.

Lot Features

Gentle Sloping: 1

View

Farm: 1 Rural: 1 Trees/Woods: 1

Water Source

Public: 1

Current Use

Agricultural: 1 Cattle: 1 Horses: 1 Pasture: 1 Recreational: 1

Possible Use

Agricultural: 1 Cattle: 1 Commercial: 1 Horses: 1 Pasture: 1 Recreational: 1 Residential: 1

Farm Improvements

Dairy Barn(s): 1 Tobacco Barn(s): 1

Land Details

Farm With House YN: No

Possession Auxiliary Dwelling

Close Of Escrow: 1

Possession Farm Land

Close Of Escrow: 1

Showing Requirements

Call Listing Agent: 1 Showing Service: 1

Showing Information

Showing Instructions: showing time or call agent

Documents

Aerial Photo: 1 Other: 1

Status Change Information

Price Change Timestamp: 2026-05-29T15:50:08Z Status Change Timestamp: 2025-06-19

Tax Legal

MLS Area Major: 061 - Rowan County Subdivision Name: Rural

Property Features

Utilities: Electricity Available; Water Available; Electricity Available; Water Available Current Use: Agricultural; Cattle; Horses; Pasture; Recreational Farm Improvements: Dairy Barn(s); Tobacco Barn(s) Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possible Use: Agricultural; Cattle; Commercial; Horses; Pasture; Recreational; Residential View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Documents: Aerial Photo; Other
Listing Office: SimpliHOM
Last Updated: May - 29 - 2026
Information deemed reliable but not guaranteed.