35 Stonecrest Street Morehead, KY 40351

This sale includes 14.9 acres of residential development land with substantial groundwork already completed. The original plan contemplates 37 residential lots, with one home already built and sold. A second spec home is nearly complete and is included with the property, and the footer has been completed for a third home. Utility infrastructure is reported to be complete for 22 of the 37 lots, including sewer, water, electric, data, and cable, and the site is described as ready for base blacktop. Manhole covers have been purchased and some gravel is in place to help reduce early build-out costs and keep momentum moving forward.

The property is located in Morehead, Kentucky at 35 Stonecrest Street. The seller notes the site is approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, providing convenience to nearby recreation and regional access.

For builders, developers, and investors, this configuration can support continued buildout of the remaining planned lots with utilities already advanced on a significant portion of the project. The listing also indicates the option to purchase the property without the included spec home (see MLS #26013104), which may appeal to buyers who want flexibility around construction scope and timing.