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    Morehead, KY Residential Land & Home Lots for Sale

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    Salt Lick, KY Hillsboro, KY Owingsville, KY
    28 results
    Residential Development Opportunity in Morehead
    $1,100,000
    1,900 SF

    Residential Development Opportunity in Morehead

    Stonecrest Street, Morehead, KY 40351

    Partially completed residential development near I-64 and local attractions.

    • Partially completed residential development on 14.9 acres with groundwork completed for 37 lots.
    • Utility infrastructure (sewer, water, electric, data, cable) is complete for 22 lots.
    • Includes one sold home, a nearly completed home, and a footer for a third home.
    • Ideally located 2 miles from Interstate 64, near Eagle Trace Golf Course and Cave Run Lake.
    • Ready for base blacktop with manhole covers purchased and some gravel in place.
    Updated: Apr 15
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    Highway Frontage Land Near Cave Run
    $160,000
    1.10 Acres

    Highway Frontage Land Near Cave Run

    1040 KY Hwy 801 South, Morehead, KY 40351

    1.095 acre lot near Cave Run Lake and Morehead, KY

    • Prime location minutes from Cave Run Lake.
    • High visibility with 90 ft of road frontage on heavily trafficked Highway 801 South.
    • Versatile 1.095‑acre lot suitable for commercial or residential development.
    • Convenient access and gently rolling terrain.
    • Proximity to Morehead State University and downtown Morehead, KY.
    Updated: Oct 31, 2025
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    Highway Frontage Land Near Cave Run
    $110,000
    1.05 Acres

    Highway Frontage Land Near Cave Run

    1.045-acre lot suitable for commercial or residential development.

    40 Lakewood Drive, Morehead, KY 40351
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    220 Acres in Morehead, KY
    $749,900
    220.00 Acres

    220 Acres in Morehead, KY

    220 acres ideal for residential development near I-64.

    1150 Logan Hollow Road, Morehead, KY 40351
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    Land with Picturesque Views, Pond
    Contact for pricing
    2.51 Acres

    Land with Picturesque Views, Pond

    2.5-acre building lot near town with scenic views.

    135 Hemlock Drive, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $30,500
    0.76 Acres

    Residential Land in Morehead, KY

    Residential land ideal for building a dream home.

    Dogwood Drive lot: 41, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $33,500
    0.85 Acres

    Residential Land in Morehead, KY

    Residential land ideal for building a dream home.

    Kinder Drive lot: 31, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $30,500
    0.89 Acres

    Residential Land in Morehead, KY

    Ideal lot for building a dream home near downtown.

    Hickory Drive lot: 37, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $34,500
    0.81 Acres

    Residential Land in Morehead, KY

    Residential land ideal for building a dream home.

    Dogwood Drive lot: 43, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $31,500
    1.00 Acre

    Residential Land in Morehead, KY

    Residential land ideal for building a dream home.

    Hickory Drive lot: 35, Morehead, KY 40351
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    Morehead, KY Building Lot
    $40,000
    2.64 Acres

    Morehead, KY Building Lot

    2.64 acre building lot in MSU Subdivision.

    1129 N Wilson Avenue lot: 6, Morehead, KY 40351
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    Land with Existing Wood Garage
    $30,000
    2.00 Acres

    Land with Existing Wood Garage

    Two-acre land parcel with water meter and wood garage.

    3965 Open Fork Road, Morehead, KY 40351
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    Residential Land in Morehead, KY
    $38,500
    1.50 Acres

    Residential Land in Morehead, KY

    Ideal lot for building a dream home in Morehead, KY.

    Hickory Drive lot: 34, Morehead, KY 40351
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    Land in MSU Subdivision
    $40,000
    3.30 Acres

    Land in MSU Subdivision

    3.296 acre building lot in Morehead, Kentucky.

    1129 N Wilson Avenue lot: 7, Morehead, KY 40351
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    Residential Land in Desirable Location
    Contact for pricing
    0.49 Acres

    Residential Land in Desirable Location

    Ideal lot for building your dream home in Morehead, Kentucky.

    Grayson Drive lot: 57, Morehead, KY 40351
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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.31 Acres

    Residential Lot in Desirable Subdivision

    Residential lot in Morehead, Kentucky, ideal for building a home.

    35 Cave Run Court lot: 74, Morehead, KY 40351
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    Residential Lot in Desirable Location
    Contact for pricing
    0.26 Acres

    Residential Lot in Desirable Location

    Ideal lot for building your dream home in Morehead, Kentucky.

    Grayson Drive lot: 50, Morehead, KY 40351
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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.29 Acres

    Residential Lot in Desirable Subdivision

    Ideal lot for building your dream home in Morehead, Kentucky.

    Lake Shore Drive lot: 43, Morehead, KY 40351
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    Residential Land in Desirable Location
    Contact for pricing
    0.53 Acres

    Residential Land in Desirable Location

    Ideal lot for building your dream home in Morehead, Kentucky.

    Grayson Drive lot: 49A, Morehead, KY 40351
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    Residential Lot in Desirable Location
    Contact for pricing
    0.22 Acres

    Residential Lot in Desirable Location

    Residential lot in Morehead, KY, ideal for building a home.

    Grayson Drive lot: 45, Morehead, KY 40351
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    Land with Scenic Pond
    Contact for pricing
    3.12 Acres

    Land with Scenic Pond

    3.12-acre building lot with pond, near Morehead, Kentucky.

    100 Hemlock Trail, Morehead, KY 40351
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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.19 Acres

    Residential Lot in Desirable Subdivision

    Residential lot in Morehead, Kentucky, ideal for building a home.

    Grayson Drive lot: 62, Morehead, KY 40351
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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.19 Acres

    Residential Lot in Desirable Subdivision

    Ideal lot for building your dream home in Morehead, Kentucky.

    Buckhorn Drive lot: 39, Morehead, KY 40351
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    Residential Land in Desirable Subdivision
    Contact for pricing
    0.18 Acres

    Residential Land in Desirable Subdivision

    Residential land in Morehead, KY, ideal for building a home.

    Grayson Drive lot: 44, Morehead, KY 40351
    View details

    Morehead, KY Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 28 residential land & home lots for sale in Morehead, KY, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 1,900 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for home sites in Morehead, KY start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Residential land & home lots 28
    Commercial land 17
    Agricultural land / Farmland 2
    Hunting land 2
    Industrial land 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +4.9%
    Median Household Income $51,110
    College Educated 40.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Morehead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    40351 $96.6K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $5.20 per sq ft
    Average Loan-to-Value 65.0%

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