Morehead, KY Homes for Sale under $1,500,000

/29
$1,100,000

New Construction $200K PRICE DROP
- 3 Beds
- 2.5 Baths
35 Stonecrest St, Morehead, KY 40351

This exceptional property presents a ready-to-advance residential development spanning 14.9 acres, with significant groundwork already completed. The project was originally planned for 37 residential lots, with one home already built and sold, demonstrating proven market demand. A second, beautifully designed spec home is nearly complete and currently included, and the footer is completed for a

Jill Ratliff Paragon Realty Partners

35 Stonecrest St, Morehead, KY 40351
/5
$1,250,000
- Land
- 2.5 Acres
- $500,000 per Acre
110 Kentucky 801, Morehead, KY 40351

Opportunities like this don't come along often—2.5 acres of prime commercial property at Cave Run Lake positioned right in the path of heavy traffic along both US 60 and KY 801, offering the kind of visibility and access entrepreneurs wait for, with a blank canvas and unlimited potential for whatever vision you want to bring to life. Currently on the property are two operating businesses Pop's

Shannon Malone HomeLand Real Estate Inc

110 Kentucky 801, Morehead, KY 40351
/8
$1,000,000
- Land
- 1 Acre
- $1,000,000 per Acre
1 Old Phelps Ln, Morehead, KY 40351

Some of the last Acreage Available next to I-64 with 550' total frontage on KY 801 North. Price is for 1 Acre Lots - There are 3 Lots Available at $1,000,000.00 per lot. Acreage has been filled and has good access off Old Phelps Lane. Ideal for Restaurant, Hotel and Many other Commercial Uses.

Damon Ballinger C Roger Lewis Agency

1 Old Phelps Ln, Morehead, KY 40351
/23
$1,300,000
- Land
- 32,103 Sq Ft
- $1,763,908 per Acre
234 E Main St, Morehead, KY 40351

A truly rare opportunity in the heart of downtown Morehead! This 0.71 acre vacant lot offers approximately 191 feet of frontage on Main Street and is ideally positioned in the Entertainment District, directly across from the brand new entrance to Morehead State University and just steps away from the Batteson Oates Entertainment Zone, delivering exceptional visibility and accessibility in one of

Shannon Malone HomeLand Real Estate Inc

234 E Main St, Morehead, KY 40351
/60
$1,300,000
- 3 Beds
- 1.5 Baths
- 2,472 Sq Ft
2385 Kentucky Highway 801 N, Morehead, KY 40351

Positioned for both immediate income and long-term growth, Shady Pines Inn (name does not convey) offers a rare opportunity to own a fully furnished, turnkey short-term rental situated on 18.742 surveyed acres in a prime commercial corridor between Interstate 64 and Cave Run Lake, just 0.7 mile from Exit 133, providing exceptional accessibility while maintaining a private, wooded setting that

Shannon Malone HomeLand Real Estate Inc

2385 Kentucky Highway 801 N, Morehead, KY 40351
/72
$1,500,000
- 5 Beds
- 5 Baths
- 8,272 Sq Ft
400 Clearfork Rd, Morehead, KY 40351

Welcome to a once-in-a-lifetime opportunity in the heart of Eastern Kentucky. Formerly known as the Sheltowee Trail Country Club & Golf Course, this remarkable 300+ acre property offers endless possibilities surrounded by the rolling beauty of Kentucky's Bluegrass landscape and the breathtaking views of the Appalachian foothills. Whether you envision a private family retreat, hunting preserve,

Brian Rue National Real Estate

400 Clearfork Rd, Morehead, KY 40351

Kentucky Rowan County

Home Prices in Morehead, KY

The median home sale price in Morehead, KY is $223,000, down 1% year-over-year. Homes in Morehead sell in 37 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $223,000	Median Single Family Sale Price $245,000
Median Townhouse Sale Price $247,500	Median 2 Bedroom Sale Price $137,450
Median 1 Bedroom Sale Price $134,350	Average Price Per Sq Ft $141
Number of Homes for Sale 41	Last 12 months Home Sales 73
Months of Supply 6.70	Median List Price $252,500
Median Change From 1st List Price 5%	Median Home Sale Price YoY Change -1%

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