2850 Lower Licking Road
Morehead, KY, 40351 $ 273,500
Bedrooms3 Baths2.0 Sq 2,100 Monthly Estimate*
$ 1,706
for $273,500 with 3 bedrooms and 2 full baths. This 2,100 square foot home was built in 2009 on a lot size of 19.87.
Welcome to 2850 Lower Licking Road—a rare Morehead property that offers space, versatility, and nearly 20 acres of pure Kentucky beauty just minutes from Cave Run Lake. This 2,100 sq. ft. home is the perfect blend of comfort and opportunity. Whether you're looking for a private homestead, a multi-family setup, or an investment with serious income potential, this property checks every box. Property Highlights 2,100 sq. ft. of living space with a flexible layout Could be easily converted into a duplex—live on one side and rent the other 19.87 acres of scenic land offering privacy and room to grow Two oversized carports perfect for vehicles, equipment, boats, campers, or outdoor storage Just minutes from Cave Run Lake, Morehead State University, and downtown Morehead Ideal for outdoor enthusiasts, investors, or anyone seeking space and serenity Why This Property Stands Out Opportunities like this don't come often. Nearly 20 acres, a well-maintained home, massive parking/storage, and the potential to create dual living units make this an exceptional find. Whether you're envisioning rental income, a family compound, or a peaceful retreat close to the lake—this property delivers. Location, Location, Location Morehead continues to grow, and properties with acreage near Cave Run Lake are in high demand. Enjoy fishing, boating, hiking, and the natural beauty of Eastern Kentucky—all just a short drive away.
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FeaturesGeneralSewer Septic Tank
Heating Electric
Cooling Electric
Possession Close Plus 30 Days
Roof Metal
Year Built 2009
Levels Two
Property Subtype Single Family Residence
Parcel Number 007-00-00-021.02
County Rowan
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rural
Garage Y/N N
Total Rooms 10
Full Baths 2
Status Active
Directions Turn onto Bluebank Rd. Drive to the end of the road and veer left the house is a couple miles ahead on the left.
High School Rowan Co
City Morehead
High School District Rowan County - 61
MLS Area 061 - Rowan County
Lot Size Units Acres
Lot Size Square Feet 865537.2
Carport Spaces 8.0
Carport Y/N Y
Elementary School McBrayer
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Rowan Co
MLS Area Minor 061 - Rowan County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
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InteriorFlooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2100.0
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2
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ExteriorParking Features Detached Carport
Water Source Public
Lot Size Area 19.87
Foundation Details Block
Building Area Total 2100.0
Lot Size Acres 19.87
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Legacy GroupBroker
dustinpennington@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,706
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Morehead, KY
Average List Price $299,880
Percent of Sale Price 10%
About Morehead, KY 7,341 Population
24% Since 2002
$ 32,952 Median Income
25.14 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3289731 Elementary School
3292805 Middle School
Rowan Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/16/2025 | $273,500 | | Listed Price |