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Furnished Short-Term Rental with Acreage
For Sale
$1,300,000

2385 KY Hwy 801, Morehead, KY 40351

Land, Morehead, KY

Property SizeContact for details
Lot Size18.74 Acres
Days on Market188

Property Features for 2385 KY Hwy 801

General Information

Property type Land
Property subtype Other
Subdivision Rural
Lot features Irregular Lot, Wooded, Gentle Sloping
View Water
Directions From KY 801 and I-64 travel south on KY 801 to the property on the right
Standard status Active
APN 013-00 00 006.00
Lot size 18.74 Acres

Amenities

deck
pond
fire pit
walking trail
Listing Agency: HomeLand Real Estate Inc
Listed By: Shannon V Malone
Added: Apr 23 Changed: Oct 2 Last Checked: Oct 27 at 2:06PM
MLS# 26008811

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This furnished short-term rental occupies 18.742 acres and is currently operating as a vacation rental. The residence includes 3 bedrooms, 1.5 baths, a living area, and a large kitchen arranged for guest use. A walkout basement offers additional space, with a fireplace already plumbed for propane. Outdoor features include a broad deck facing the wooded property, a private pond with catch-and-release fishing, a fire pit, and a walking trail.

The property is located at 2385 KY Hwy 801 in Morehead, approximately 0.7 mile from Interstate 64 Exit 133 and between Interstate 64 and Cave Run Lake. Morehead and Cave Run Lake are both described as minutes away. The existing setup supports continued Airbnb or other short-term rental use, subject to applicable requirements.

Key Highlights

  • 18.742 surveyed acres with a furnished short‑term rental
  • 3 bedrooms and 1.5 baths
  • Walkout basement with fireplace plumbed for propane

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 40351, KY

22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Active vacation rental with wooded surroundings, guest amenities, and a walkout basement.
Where is this short term rental property located?
The property is located at 2385 KY Hwy 801 Morehead, KY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 18.742 surveyed acres with a furnished short‑term rental; 3 bedrooms and 1.5 baths; Walkout basement with fireplace plumbed for propane
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