35 Stonecrest Street, Morehead, KY

$1,100,000

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3

Beds

Baths

14.90

Acres

About 35 Stonecrest Street

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.

Features of 35 Stonecrest Street

MLS® # 26008027
Price $1,100,000
Bedrooms 3
Bathrooms 2.50
Full Baths 2
Half Baths 1
Acres 14.90
Year Built 2022
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 35 Stonecrest Street
Area 061 - Rowan County
Subdivision Rural
City Morehead
County Rowan
State KY
Zip Code 40351

Amenities

Utilities Electricity Available, Sewer Available, Water Available
Parking Attached Carport, Driveway, Garage Faces Side
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Eat-in Kitchen, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas Log, Living Room
Stories One

Exterior

Roof Shingle
Construction Vinyl Siding
Foundation Block

School Information

District Rowan County - 61
Elementary McBrayer
Middle Rowan Co
High Rowan Co

Additional Information

Date Listed April 15th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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