41 Blue Hall Rd Olive Hill, KY 41164
Estimated payment $1,364/month
Highlights
- Guest House
- Dining Room with Fireplace
- Main Floor Primary Bedroom
- Horses Allowed On Property
- Wood Flooring
- No HOA
About This Home
SHORT SALE OPPORTUNITY. Third party approval required. If you've been looking for space, flexibility and multiple living options, this one delivers. Sitting on a large 2.75 acre unrestricted lot, this property features not one but two homes, a massive garage/shop and a fully fenced yard, all just 15 minutes to Morehead. The main home offers approximately 2,860 square feet with 5 bedrooms and 3 full bathrooms, giving you room to spread out, grow or host. Inside you'll find a spacious living room, large kitchen, formal dining room and a flexible bonus room perfect for an office, playroom or second living space, while the finished attic adds even more potential with 2 bedrooms and 1 bath ready for your finishing touches. Outside is where this property really shines with an attached 2 car garage plus a huge 24x36 garage/shop with tall ceilings and concrete floors, ideal for projects, storage or business use, along with a fenced yard for pets, play or privacy and multiple covered porches and patios to enjoy the setting. A separate 900 sq ft cottage offers the opportunity for a guest house, rental or future renovation project and for added peace of mind there is also a cellar on the property if severe weather is ever a concern. Major updates include a roof approximately 12 years old and an HVAC system approximately 5 years old. Located just off US 60 between Morehead and Olive Hill, you get the convenience of being close to town while still having the space and freedom that comes with no deed restrictions, making this a rare opportunity with multiple structures, usable land and real potential all in one. Inspections are welcome but selling As Is.
Home Details
Home Type
- Single Family
Year Built
- Built in 1914
Lot Details
- 2.7 Acre Lot
- Partially Fenced Property
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Block Foundation
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,860 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Entrance Foyer
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Workshop
- Screened Porch
- First Floor Utility Room
- Washer and Electric Dryer Hookup
- Utility Room
- Unfinished Basement
- Partial Basement
- Oven or Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 3 Full Bathrooms
- Primary bathroom on main floor
Outdoor Features
- Glass Enclosed
- Separate Outdoor Workshop
- Shed
Schools
- Tygart Creek Elementary School
- West Carter Middle School
- West Carter High School
Utilities
- Forced Air Heating and Cooling System
- Air Source Heat Pump
- Heating System Uses Propane
- Heating System Powered By Leased Propane
- Septic Tank
Additional Features
- Guest House
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 008-20-00-016.00 and 008-20-00-015.00
Map
Tax History
| 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 | $584 | $68,460 | $0 | $0 |
| 2024 | $587 | $68,460 | $0 | $0 |
| 2023 | $560 | $65,000 | $0 | $0 |
| 2022 | $562 | $65,000 | $0 | $0 |
| 2021 | $573 | $65,000 | $0 | $0 |
| 2020 | $575 | $65,000 | $5,000 | $60,000 |
| 2019 | $573 | $65,000 | $5,000 | $60,000 |
| 2018 | $573 | $65,000 | $5,000 | $60,000 |
| 2017 | $547 | $65,000 | $5,000 | $60,000 |
| 2016 | $546 | $65,000 | $5,000 | $60,000 |
| 2015 | $533 | $65,000 | $5,000 | $60,000 |
| 2014 | $533 | $65,000 | $5,000 | $60,000 |
| 2011 | $524 | $65,000 | $5,000 | $60,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | Price Changed | $248,000 | -10.8% | $87 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $278,000 | -2.5% | $97 / Sq Ft |
| 03/14/2026 03/14/26 | Price Changed | $285,000 | -4.4% | $100 / Sq Ft |
| 02/24/2026 02/24/26 | For Sale | $298,000 | -- | $104 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26003309
APN: 008-20-00-016.00
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