2385 KY Hwy 801 Morehead, KY $ 1,300,000
2385 KY Hwy 801
$ 1,300,000
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2385 KY Hwy 801

Morehead, KY, 40351
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,004

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Studio

Lots and Land for sale in Morehead, KY

for $1,300,000. The lot size is 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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Lots and Land Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

18.74

Town/City

Morehead

County/Region

Rowan

MLS | Web ID

26008811

Features
General
Zoning Other
Topography Gentle Sloping Wooded
Property Subtype Unimproved Land
Current Use Residential Recreational
Parcel Number 013-00 00 006.00
County Rowan
New Construction N
Property Type Land
Subdivision Name Rural
Status Active
Directions From KY 801 and I-64 travel south on KY 801 to the property on the right
City Morehead
MLS Area 061 - Rowan County
Lot Size Units Acres
Lot Size Square Feet 816401.52
Land Lease Y/N N
MLS Area Minor 061 - Rowan County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Features Wooded Gentle Sloping Irregular Lot
Lot Size Area 18.74
Lot Size Acres 18.74
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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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
100%
0%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
--
Monthly Home Insurance
--
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
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$1,300,000 Listed Price

Map


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2385 KY Hwy 801, Morehead, KY, 40351 is a Lots and Land for sale at $1,300,000 with a lot size of 18.74. 2385 KY Hwy 801 is a studio with 0.0 baths. The property's zip code is 40351 which is in Morehead, KY