Partially Completed Residential Subdivision
For Sale
$799,000
Stonecrest Street, Morehead, KY 40351
COMMERCIAL - Morehead, KY
Property SizeContact for details
Lot Size14.66 Acres
Days on Market86
Property Features for Stonecrest Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Rural
Directions
From Lexington- take I-64 east to Exit 133 and turn left onto Highway 801 north; drive 2 miles and turn left onto Bluebank Rd.; drive .2 mile and turn right onto Stonecrest St
Standard status
Active
APN
011-00 00 013.00
Lot size
14.66 Acres
Listing Agency:
Paragon Realty Partners
(513) 515-2116
Listed By:
Jill C Ratliff · License #278965
(606) 356-1393
Added: Jun 6
Changed: Aug 14
Last Checked: Aug 30 at 7:06AM
MLS# 26013104
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 offering is a partially completed residential subdivision on 14.66 acres, originally planned for 37 residential lots. One home has already been constructed and sold, and a second spec home is nearly complete. With the second home underway, approximately 35 additional residential lots remain available for future development by the next owner.
Infrastructure work is reported complete for a significant portion of the subdivision, including sewer, water, electric, data, and cable. The site is also prepared for base blacktop, and manhole covers have been purchased with portions of gravel already installed. In addition, a completed footer for an extra home is in place, providing immediate build potential for a buyer looking to move quickly.
The property suits builders and developers seeking a ready-to-continue project with substantial utilities and site work already completed, as well as investors evaluating a lot package and spec-home momentum. Acquisition can also be structured with the nearly completed spec home referenced in MLS #26008027 and #26008030, offering flexibility in how the remaining lots and the current construction are assembled for continued development. The subdivision is located approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake.
Infrastructure work is reported complete for a significant portion of the subdivision, including sewer, water, electric, data, and cable. The site is also prepared for base blacktop, and manhole covers have been purchased with portions of gravel already installed. In addition, a completed footer for an extra home is in place, providing immediate build potential for a buyer looking to move quickly.
The property suits builders and developers seeking a ready-to-continue project with substantial utilities and site work already completed, as well as investors evaluating a lot package and spec-home momentum. Acquisition can also be structured with the nearly completed spec home referenced in MLS #26008027 and #26008030, offering flexibility in how the remaining lots and the current construction are assembled for continued development. The subdivision is located approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake.
Key Highlights
- Partially completed residential subdivision on 14.66 acres, originally designed for 37 lots
- Includes 1 completed home already sold and 1 second spec home nearly complete
- Infrastructure reported complete for a significant portion: sewer, water, electric, data, and cable
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Partially completed subdivision with infrastructure in place and a nearly finished spec home, supporting continued residential development.
Where is this residential land & home lot located?
The property is located at Stonecrest Street Morehead, KY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Partially completed residential subdivision on 14.66 acres, originally designed for 37 lots; Includes 1 completed home already sold and 1 second spec home nearly complete; Infrastructure reported complete for a significant portion: sewer, water, electric, data, and cable
