Stonecrest Street, Morehead, KY 40351

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.