$450,000
Price cut: $442K7325 Flemingsburg Road, Morehead, KY 40351
- 3
- beds
- 1
- baths
- Farm
- Property type
- 26.98 acres
- Lot size
Listing Description
Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead. The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch. Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase. There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish! Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients. - Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. *Some Photos are AI renders to inspire vision.
Listed by SimpliHOM · geoff@simplihom.com
MLS #25011733 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Farm
- Lot size
- 26.98-acre lot
Interior
- 3 bedrooms
- 1 bathrooms
- One and One Half
Property
- Farm
- 0 sq ft
- 26.98-acre lot
- Cleared, Rolling Slope
Construction
- Cooling: Wall Unit(s)
Show all home details
Interior
- Levels
- One and One Half
Exterior & parking
- Lot features
- Cleared, Rolling Slope
Utilities & comfort
- Cooling
- Wall Unit(s)
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Not reported
Property & Price History
| Date | Event | Price |
|---|---|---|
| Dec 5, 2025 | Listed for sale | $892,000 |
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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
$2,867/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,335
- Taxes
- $401
- Other costs
- $131
- $450,000
- Home price
- 20% · $90,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,335
- Estimated property taxes
- $401
- Home insurance
- $131
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,335
- Estimated property taxes
- $401
- Home insurance
- $131
- HOA
- Not provided
- 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. HOA is not included because its monthly amount is unavailable.
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
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Rowan Co
High School
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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