20 Pickle Lane Morehead, KY $ 2,250,000
20 Pickle Lane
$ 2,250,000
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20 Pickle Lane

Morehead, KY, 40351
$ 2,250,000
Bedrooms3 Baths1.0 Sq 1,200

Monthly Estimate*

$ 15,540

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Single Family Home for sale in Morehead, KY

for $2,250,000 with 3 bedrooms and 1 full bath. This 1,200 square foot home was built in 2021 on a lot size of 5.

Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.

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Single Family Active

Price

$ 2,250,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

5

Year Built

2021

Town/City

Morehead

County/Region

Rowan

MLS | Web ID

26027640

Features
General
Sewer Septic Tank
Heating Electric Heat Pump
Cooling Central Air Electric Heat Pump
Possession Close Of Escrow
Roof Shingle
Appliances Range Refrigerator
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 2021
Levels One
Property Subtype Single Family Residence
Parcel Number 019-00 00 036.16
County Rowan
New Construction N
Property Type Residential
HOA false
Attached Garage false
Garage Y/N false
Total Rooms 2
Full Baths 1
Status Active
Directions From KY 801 and Rice Road travel down Rice Road to Pickle Lane
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 217800
Carport Y/N false
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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Exterior
Parking Features Driveway
Water Source Public
Lot Size Area 5
Foundation Details Slab
Building Area Total 1200
Lot Size Acres 5
Lot Size Source Public Records
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N false
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) No
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1200
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 1
Heating-Heat Pump true
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Homeland Real Estate Inc

Broker

shannon@kyhomeland.com

Email

Affordability Calculator

$15,540
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,540
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$2,250,000 Listed Price

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20 Pickle Lane, Morehead, KY, 40351 is a Single Family Home for sale at $2,250,000 with 1,200 sqft and a lot size of 5. 20 Pickle Lane has 3 bedrooms, 1.0 baths, and was built in 2021. The property's zip code is 40351 which is in Morehead, KY