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    Morehead, KY
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    Morehead, KY Residential Land & Home Lots for Sale

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    Residential Development Land with Utilities
    Updated: Apr 15
    Residential Development Land with Utilities

    35 Stonecrest Street, Morehead, KY 40351

    $1,100,000
    1,900 sqft 14.90 AC lot
    14.9‑acre residential development with groundwork already completed
    Originally planned for 37 residential lots, with 1 home already built and sold
    Utility infrastructure complete for 22 of 37 lots, including sewer, water, electric, data, and cable
    Development ready for base blacktop; manhole covers purchased and some gravel already in place
    Second spec home is nearly complete and included; footer completed for a third home
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    Commercial-Residential Land With Road Frontage
    Updated: Oct 31, 2025
    Commercial-Residential Land With Road Frontage

    1040 KY Hwy 801 S, Morehead, KY 40351

    $130,000
    1.10 AC lot
    1.095‑acre lot with 90 ft of road frontage on Hwy 801 South in Morehead, KY
    Public water source available
    Versatile lot suitable for commercial or residential development
    Minutes from Cave Run Lake and a short drive to downtown Morehead
    Utilities available nearby
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    Partially Completed Residential Subdivision Land
    Partially Completed Residential Subdivision Land

    Stonecrest Street, Morehead, KY 40351

    $799,000
    14.66 AC lot

    Partially completed subdivision with infrastructure in place and a nearly finished spec home, supporting continued residential development.

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    Vacant Development Land Parcel
    Vacant Development Land Parcel

    Bluebank Road, Morehead, KY 40351

    $249,000
    17.49 AC lot

    Vacant, unimproved acreage outside city limits for prospective development or custom home building.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    60 Lakewood Drive, Morehead, KY 40351

    $99,000
    1.26 AC lot

    1.26-acre lot with substantial Highway 801 South frontage for flexible commercial or residential development.

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    Commercial Development Land
    Commercial Development Land

    40 Lakewood Drive, Morehead, KY 40351

    $99,000
    1.05 AC lot

    Versatile 1-acre lot along Highway 801 South with utilities available nearby for commercial or residential development plans.

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    220 Acres in Morehead, KY
    220 Acres in Morehead, KY

    1150 Logan Hollow Road, Morehead, KY 40351

    $749,900
    220.00 AC lot

    220 acres ideal for residential development near I-64.

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    Morehead, KY Building Lot
    Morehead, KY Building Lot

    1129 N Wilson Avenue lot: 6, Morehead, KY 40351

    $40,000
    2.64 AC lot

    2.64 acre building lot in MSU Subdivision.

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Linwood Drive lot: 41, Morehead, KY 40351

    $30,500
    0.76 AC lot

    Residential land ideal for building a dream home.

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    Land in MSU Subdivision
    Land in MSU Subdivision

    1129 N Wilson Avenue lot: 7, Morehead, KY 40351

    $40,000
    3.30 AC lot

    3.296 acre building lot in Morehead, Kentucky.

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Kinder Drive lot: 31, Morehead, KY 40351

    $33,500
    0.85 AC lot

    Residential land ideal for building a dream home.

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Hickory Drive lot: 37, Morehead, KY 40351

    $30,500
    0.89 AC lot

    Ideal lot for building a dream home near downtown.

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Linwood Drive lot: 43, Morehead, KY 40351

    $34,500
    0.81 AC lot

    Residential land ideal for building a dream home.

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Hickory Drive lot: 35, Morehead, KY 40351

    $31,500
    1.00 AC lot

    Residential land ideal for building a dream home.

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    Land with Existing Wood Garage
    Land with Existing Wood Garage

    3965 Open Fork Road, Morehead, KY 40351

    $30,000
    2.00 AC lot

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

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    Residential Land in Morehead, KY
    Residential Land in Morehead, KY

    Hickory Drive lot: 34, Morehead, KY 40351

    $38,500
    1.50 AC lot

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

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    Residential Land in Desirable Location
    Residential Land in Desirable Location

    Grayson Drive lot: 57, Morehead, KY 40351

    Contact for pricing
    0.49 AC lot

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

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    Residential Lot in Desirable Subdivision
    Residential Lot in Desirable Subdivision

    35 Cave Run Court lot: 74, Morehead, KY 40351

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    0.31 AC lot

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

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    Residential Lot in Desirable Location
    Residential Lot in Desirable Location

    Grayson Drive lot: 50, Morehead, KY 40351

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    0.26 AC lot

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

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    Residential Lot in Desirable Subdivision
    Residential Lot in Desirable Subdivision

    Lake Shore Drive lot: 43, Morehead, KY 40351

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    0.29 AC lot

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

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    Residential Land in Desirable Location
    Residential Land in Desirable Location

    Grayson Drive lot: 49A, Morehead, KY 40351

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    0.53 AC lot

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

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    Residential Lot in Desirable Location
    Residential Lot in Desirable Location

    Grayson Drive lot: 45, Morehead, KY 40351

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    0.22 AC lot

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

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    Land with Picturesque Views, Pond
    Land with Picturesque Views, Pond

    135 Hemlock Drive, Morehead, KY 40351

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    2.51 AC lot

    2.5-acre building lot near town with scenic views.

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    Residential Lot in Desirable Subdivision
    Residential Lot in Desirable Subdivision

    Grayson Drive lot: 62, Morehead, KY 40351

    Contact for pricing
    0.19 AC lot

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

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    Morehead, KY Residential Land & Home Lots Market Trends and Statistics

    Explore 29 residential land & home lots for sale in Morehead, KY, showcased through 29 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 30
    Commercial land 18
    Hunting land 7
    Recreation land 7
    Agricultural land / Farmland 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    40351 $121.2K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Rowan County

    New Delisted

    Total CRE Inventory on Market (SF)

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