2385 Kentucky Highway 801 Morehead, KY $ 1,300,000
2385 Kentucky Highway 801
$ 1,300,000
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2385 Kentucky Highway 801

Morehead, KY, 40351
$ 1,300,000
Bedrooms3 Baths1.1 Sq 2,472

Monthly Estimate*

$ 8,004

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Single Family Home for sale in Morehead, KY

for $1,300,000 with 3 bedrooms and 1 full bath, 1 half bath. This 2,472 square foot home was built in 1969 on a lot size of 18.74.

Positioned for both immediate income and long-term growth, Shady Pines Inn 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 being offered fully furnished and ready for continued Airbnb or short-term rental use, featuring 3 bedrooms with a king, queen and two twin beds plus additional sleeping accommodations with memory foam cots, 1.5 baths, a comfortable living area with ample seating and a fully equipped 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, propane grill (seasonal) 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.

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Single Family Active

Price

$ 1,300,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

18.74

Year Built

1969

Town/City

Morehead

County/Region

Rowan

MLS | Web ID

26008806

Features
General
Sewer Public Sewer
Heating Electric Heat Pump
Cooling Central Air Electric
Possession Close Of Escrow
Roof Metal
Patio/Porch Features Deck Patio
Architectural Style Ranch
Construction Materials Brick Veneer
Year Built 1969
View Trees/Woods Water
Levels One
Property Subtype Single Family Residence
Parcel Number 013-00 00 006.00
County Rowan
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rural
Garage Y/N N
Other Structures Barn(s) Shed(s)
Total Rooms 7
Full Baths 1
Status Active
Directions From KY 801 and I-64 travel south on KY 801 to the property on the right
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 816401.52
Carport Y/N N
Elementary School Rowan Co
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
Structure Type House
Standard Status Active
Senior Community None
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Interior
Basement Interior Entry Walk-Out Access Walk-Up Access
Flooring Carpet Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1236.0
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 1236.0
Total Baths 2
Heating-Heat Pump True
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Exterior
Parking Features Driveway Off Street
Lot Features Many Trees Wooded
Water Source Public
Lot Size Area 18.74
Foundation Details Block Slab
Building Area Total 2472.0
Lot Size Acres 18.74
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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Internal Only
Street Number 1 2385
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* Excluded Features
List By
Homeland Real Estate Inc

Broker

Affordability Calculator

$8,004
Per Month
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0%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
3289921 Elementary School
3292805 Middle School
Rowan Co High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$1,300,000 Listed Price

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2385 Kentucky Highway 801, Morehead, KY, 40351 is a Single Family Home for sale at $1,300,000 with 2,472 sqft and a lot size of 18.74. 2385 Kentucky Highway 801 has 3 bedrooms, 1.1 baths, and was built in 1969. The property's zip code is 40351 which is in Morehead, KY