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7325 Flemingsburg Road, Morehead, KY 40351
$540,000
Property Type:
Farm
Bedrooms:
3
Baths:
1
Lot Size (sq. ft.):
1,175,031
Status:
Active
Current Price:
$540,000
List Date:
12/05/2025
Last Modified:
5/30/2026
Description
Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead. The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch. Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase. There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish! Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients. - Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. *Some Photos are AI renders to inspire vision.
Supplements: ********
More Information MLS# 25011733
Listing Information
Comp Sale YN: No
Property Sub Type: Farm
Address
Parcel Number: 028-00-001.02
County: Rowan
Street Number: 7325
Street Name: Flemingsburg
Street Suffix: Road
State: KY
Zip Code: 40351
Contract
Start Showing Date: 2025-06-04
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/Acre: 20014.83
Current Price: $540,000
Original List Price: 892000
List Price: $540,000
Status: Active
Listing Contract Date: 2025-06-03
Tax & Legal
Middle Or Junior School: Rowan Co
High School: Rowan Co
Tax Rate: 0.853
Zoning Description: Flexible
Directions: Take exit 137 off I64 to 32 Flemingsburg Road to Flemingsburg approximately 5.27 miles. You will find the property on your left at the corner of Flemingsburg Rd and Maxey Flats (all behind the houses and trophy shop).
Interior
Living Area: 0
Living Area Units: Square Feet
Bathrooms Half: 0
Above Grade Finished Area: 0
Below Grade Finished Area: 0
Bedrooms Total: 3
Bathrooms Total: 1
Bathrooms Full: 1
Lot
Lot Size Source: Public Records
Lot Size Acres: 26.975
Lot Size Square Feet: 1175031
Lot Size Dimensions: irregular shape
Road Frontage Feet: 1200
Conservation Easement YN: No
View YN: Yes
Utilities
Cooling YN: Yes
Heating YN: Yes
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Remarks
Public Remarks: Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead. The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch. Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase. There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish! Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients. - Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. *Some Photos are AI renders to inspire vision.
Cooling
Wall Unit(s): 1
Levels
One and One Half: 1
Lot Features
Cleared: 1
Rolling Slope: 1
Other Structures
Barn(s): 1
Sewer
Septic Tank: 1
Structure Type
House: 1
View
Farm: 1
Rural: 1
Trees/Woods: 1
Current Use
Pasture: 1
Vacant: 1
Possible Use
Agricultural: 1
Cattle: 1
Commercial: 1
Horses: 1
Industrial: 1
Pasture: 1
Recreational: 1
Residential: 1
Land Details
Farm With House YN: Yes
Other Structures Info
Number Of Horse Barns: 1
Number Of Tobacco Barns: 1
Possession Auxiliary Dwelling
Close Of Escrow: 1
Subject To Tenant Rights: 1
Possession Farm Land
Close Of Escrow: 1
Possession Main House
Close Of Escrow: 1
Showing Requirements
Call Listing Agent: 1
Show Anytime: 1
Showing Service: 1
Showing Information
Showing Instructions: Schedule in showingtime and Go and Show. A quad would be helpful to navigate property. It will be mowed for hay soon if not when you get there.
Room Types
Bedroom 1: 1
Bedroom 1 Level: First
Bedroom 2: 1
Bedroom 2 Level: Second
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Status Change Information
Price Change Timestamp: 2026-05-30T16:06:34Z
Status Change Timestamp: 2025-12-05
Tax Legal
MLS Area Major: 061 - Rowan County
Subdivision Name: Rural
High School District: Rowan County - 61
Property Features
Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Cooling: Wall Unit(s)
Current Use: Pasture; Vacant
Levels: One and One Half
Lot Features: Cleared; Rolling Slope
Other Structures: Barn(s)
Possession Auxiliary Dwelling: Close Of Escrow; Subject To Tenant Rights
Possession Farm Land: Close Of Escrow
Possession Main House: Close Of Escrow
Possible Use: Agricultural; Cattle; Commercial; Horses; Industrial; Pasture; Recreational; Residential
Sewer: Septic Tank
Structure Type: House
View: Farm; Rural; Trees/Woods
Showing Requirements: Call Listing Agent; Show Anytime; Showing Service
Room Types: Bedroom 1; Bedroom 2; Kitchen; Living Room
Room Information
Kitchen
Level: First
Living Room
Level: First
Bedroom 1
Level: First
Bedroom 2
Level: Second
Documents
Listing Office:
SimpliHOM
Last Updated: May - 30 - 2026
Information deemed reliable but not guaranteed.


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