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Rare Acreage in Morehead, KY
For Sale
$849,900

460 Skaggs Road, Morehead, KY 40351

LAND - Morehead, KY

Property SizeContact for details
Lot Size50.00 Acres
Days on Market141

Property Features for 460 Skaggs Road

General Information

Property type Land
Property subtype Other
Zoning description Acreage is in City of Morehead
Subdivision City Limits
Lot features Cleared, Level, Wooded, Gentle Sloping
Directions Off Skaggs Road just past Forest Hills Drive approx. 4/10 mile on left before go down hill.
Standard status Active
APN 045-00 00 087.02
Lot size 50.00 Acres

Utilities

Utilities Water Available
Listing Agency: C Roger Lewis Agency
Listed By: Damon M Ballinger · License #201292
Added: Apr 15 Last Checked: Sep 2 at 7:06AM
MLS# 26007931

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.

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire acreage in Morehead, KY. The property consists of 50 acres, with the majority of the acreage located within the city limits. The land features a rolling and level terrain, presenting potential for large home tracts or subdivision to address the housing shortage in Morehead and Rowan County, KY. Known as Cottonwood Development, the acreage is ideal for creating mini farms or a building farm.

Key Highlights

  • 50 Acres +/- within City Limits: Rare large acreage offering in‑city convenience.
  • Development Potential: Suitable for large home tracts or subdivision to address housing shortage.
  • Rolling and Level Acres: Beautiful, usable land for various development or agricultural purposes.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 50 acres in Morehead, KY, ideal for development.
Where is this agricultural land / farmland located?
The property is located at 460 Skaggs Road Morehead, KY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 50 Acres +/- within City Limits: Rare large acreage offering in‑city convenience.; Development Potential: Suitable for large home tracts or subdivision to address housing shortage.; Rolling and Level Acres: Beautiful, usable land for various development or agricultural purposes.
More about this property
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