TBD Stonecrest Street, Morehead, KY 40351

Property Description

This exceptional property presents a ready-to-advance residential development on 14.9 acres with significant groundwork already completed. The project was originally planned for 37 residential lots, with one home already built and sold, demonstrating proven market demand. A second, beautifully designed home is nearly complete and included, and the footer is completed for a third home, adding immediate value for the next owner or developer. The seller indicates that utility infrastructure is complete for 22 of the 37 lots, including sewer, water, electric, data, and cable, and the development is ready for base blacktop. Manhole covers have been purchased, and some gravel is in place, substantially reducing upfront costs and development timelines. Ideally located just 2 miles from Interstate 64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, this development offers strong appeal to future homeowners seeking convenience, recreation, and quality surroundings. Don't miss a rare chance to step into a partially completed, well-located residential development with momentum already in place. This is ideal for builders, developers, or investors looking to capitalize on existing infrastructure and a prime location.

Listing Status:

Active

Date Added:

April 16, 2026

Data Last Updated:

May 21, 2026 at 5:40AM

Listing Office:

Paragon Realty Partners : 513-515-2116

MLS ID:

26008030

Interior

• A/C: None
• Heating: None

Construction

• Roofing: Shingle
• General: Vinyl Siding

Location

• Originating MLS: Imagine MLS (Bluegrass REALTORS®)
• County: Rowan

Lot

• Zoning: Other011-00 00 013.00

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Sewer: Public Sewer

Financial

• Source: Imagine MLS (Bluegrass REALTORS®)