35 Stonecrest St Morehead, KY 40351
Morehead AreaEstimated payment $5,978/month
Highlights
- New Construction
- Wood Flooring
- First Floor Utility Room
- 14.9 Acre Lot
- No HOA
- Front Porch
About This Home
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 third home, adding immediate value and momentum for the next owner or developer. The seller indicates that utility infrastructure is complete for 22 of the 37 lots, including sewer, water, electric, data, and cable. The development is ready for base blacktop, with manhole covers already purchased and some gravel in place, substantially reducing upfront costs and accelerating development timelines. This property is also available for purchase without the spec home included (see MLS #26013104), offering added flexibility for builders or developers seeking to customize construction plans or adjust capital allocation. Ideally located just 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course, and under 10 miles from Cave Run Lake, this development offers strong appeal to future homeowners seeking convenience, recreation, and quality surroundings. A rare opportunity to step into a partially completed, well-located residential development with infrastructure, flexibility, and momentum already in place - ideal for builders, developers, or investors.
Home Details
Home Type
- Single Family
Year Built
- Built in 2022 | New Construction
Parking
- 2 Car Garage
- Attached Carport
- Side Facing Garage
- Driveway
Home Design
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
- First Floor Utility Room
- Laundry on main level
- Utility Room
- Pull Down Stairs to Attic
- Eat-In Kitchen
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Schools
- Mcbrayer Elementary School
- Rowan Co Middle School
- Rowan Co High School
Utilities
- No Cooling
- No Heating
Additional Features
- Front Porch
- 14.9 Acre Lot
Community Details
- No Home Owners Association
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 011-00 00 013.03
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19 | $2,274 | $2,274 | $0 |
| 2024 | $19 | $2,274 | $2,274 | $0 |
| 2023 | $19 | $2,274 | $2,274 | $0 |
| 2022 | $20 | $2,303 | $2,303 | $0 |
| 2021 | $469 | $52,875 | $52,875 | $0 |
| 2020 | $766 | $250,000 | $168,000 | $82,000 |
| 2019 | $774 | $250,000 | $168,000 | $82,000 |
| 2018 | $771 | $113,500 | $113,500 | $0 |
| 2017 | -- | $113,500 | $113,500 | $0 |
| 2016 | -- | $84,875 | $84,875 | $0 |
| 2014 | $612 | $72,375 | $0 | $0 |
| 2013 | $612 | $72,375 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | Price Changed | $1,100,000 | -15.4% | -- |
| 04/16/2026 04/16/26 | For Sale | $1,300,000 | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26008027
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