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.