$1,300,000
2385 Kentucky Highway 801, Morehead, KY 40351
- 3
- beds
- 1.5
- baths
- 2,472
- sqft
- Single Family Residence
- Property type
- 1969
- Year built
- 18.74 acres
- Lot size
- $526
- Price / sq ft
- $0/mo
- HOA
Listing Description
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 guests consistently seek. Currently operating as a successful vacation rental, the home is ready for continued Airbnb or short-term rental use, featuring 3 bedrooms, 1.5 baths, a comfortable living area and a large eat in kitchen designed for guest convenience. A walkout basement could be finished into another STR or expand the current one with a fireplace already plumbed for propane offering additional potential living or recreational space should you choose to utilize it. Outdoor amenities enhance the guest experience and drive repeat bookings, including a spacious deck overlooking the woods, a private pond with catch-and-release fishing, a fire pit, and a walking trail winding through the property, all just minutes from Morehead and Cave Run Lake. So much opportunity for expansion or development in an extremely high traffic corridor. With its strategic location, established rental appeal and significant acreage in a high-visibility area, this property presents a unique blend of lifestyle investment and commercial opportunity. Pre-approval letter or proof of funds must be provided to the listing agent prior to confirming any showing appointment and as this property is an active short-term rental, showing availability may be limited and occasional scheduling delays should be expected, so please allow flexibility when coordinating showings.
Listed by HomeLand Real Estate Inc · shannon@kyhomeland.com
MLS #26008806 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Single Family Residence
- Year built
- Built in 1969
- Lot size
- 18.74-acre lot
- Price / sq ft
- $526 / sq ft
- HOA
- $0/mo HOA
Interior
- 3 bedrooms
- 1.5 bathrooms
- One
- Carpet, Vinyl
Property
- Single Family Residence
- 2,472 sq ft
- 18.74-acre lot
- Wooded, Many Trees
Construction
- Built in 1969
- Metal
- Heating: Electric, Heat Pump
- Cooling: Central Air, Electric
Show all home details
Interior
- Flooring
- Carpet, Vinyl
- Basement
- Interior Entry, Walk-Out Access, Walk-Up Access
- Levels
- One
Exterior & parking
- Roof
- Metal
- Lot features
- Wooded, Many Trees
- Parking features
- Driveway, Off Street
- Architectural style
- Ranch
Utilities & comfort
- Heating
- Electric, Heat Pump
- Cooling
- Central Air, Electric
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Driveway, Off Street
Property & Price History
| Date | Event | Price |
|---|---|---|
| Apr 23, 2026 | Listed for sale | $1,300,000 |
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Property Documents
See what the sellers have done to the property and what known issues they disclose.
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$8,283/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $6,745
- Taxes
- $1,159
- Other costs
- $379
- $1,300,000
- Home price
- 20% · $260,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $6,745
- Estimated property taxes
- $1,159
- Home insurance
- $379
- HOA
- $0
- Utilities
- Not included
Estimate only. Utilities not included.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $6,745
- Estimated property taxes
- $1,159
- Home insurance
- $379
- HOA
- $0
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
- —
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Rowan Co
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Rowan Co
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Rowan Co
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty