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Unrestricted Land with Multiple Entrances
For Sale
$259,000

1040 Kentucky 801, Morehead, KY 40351

LAND - Morehead, KY

Property SizeContact for details
Lot Size3.40 Acres
Days on Market49

Property Features for 1040 Kentucky 801

General Information

Property type Land
Property subtype Other
Lot features Cleared, Wooded, Gentle Sloping
Directions From I-64, take Exit 137, and travel south on KY-801 toward Cave Run Lake. Continue approximately 3 miles. Property is on the left with approximately 90 feet of frontage on KY- 801 South. Just before Crashs's Landing Muskie bait shop. Look for sign!
Subdivision 061 - Rowan County
Standard status Active
APN 022-0000009.02
Lot size 3.40 Acres

Utilities

Utilities Water Available
Listing Agency: Murphy Realty Group
Listed By: Casey Lyons
Added: Jul 25 Last Checked: Sep 11 at 11:06AM
MLS# 26019865

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 unrestricted property offers 3+ acres and is set up for flexible purchase options. The owner is willing to sell individual lots, or buyers can purchase all of the acreage. The two rear wooded lots are accessed by their own separate entrance and are offered together.

The property is located at 1040 Kentucky 801 South in Morehead, Kentucky (Rowan County). The seller’s remarks note easy access to nearby outdoor recreation around Cave Run Lake and proximity to I-64, Morehead State University, the Bath County line, Rowan County schools, and local shopping and restaurants.

The asset includes multiple access points, with the main property access supporting a range of development directions as described in the remarks, including residential building, vacation cabin development, and potential commercial or recreational uses.

Key Highlights

  • 3+ acre unrestricted property at 1040 KY Highway 801 South in Morehead, KY
  • Water available on the property
  • Flexible purchase options: buy all 3+ acres or purchase individual lots

Property Analytics

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Current Use

Residential land & home ...

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
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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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Unrestricted acreage with separate entrance for rear wooded lots, offering development flexibility near Cave Run Lake.
Where is this residential land & home lot located?
The property is located at 1040 Kentucky 801 Morehead, KY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 3+ acre unrestricted property at 1040 KY Highway 801 South in Morehead, KY; Water available on the property; Flexible purchase options: buy all 3+ acres or purchase individual lots
More about this property
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