7220 Flemingsburg Road
Morehead, KY, 40351 $ 532,600
Baths0.0 Monthly Estimate*
$ 3,323
Studio for $532,600. The lot size is 26.63.
Discover the potential of this remarkable rolling farmland nestled in a serene rural setting, offering a unique blend of commercial and residential opportunities. This property encompasses a diverse landscape featuring partially wooded areas, a traditional milking barn, a fixer-upper house, and a rented mobile home, all situated with flexible zoning and ample road frontage. Property Highlights: Flexible Zoning: The property's zoning allows for a variety of uses, including agricultural, residential, and commercial development, catering to your vision and investment needs. Rolling Terrain: The rolling landscape is ideal for farming, recreation, or residential development. Existing Structures: Milking Barn: Perfect for livestock operations or could be repurposed for storage or workshops. FixerUpper House: A great opportunity for renovation, offering the potential for a charming home or rental property. Rented Mobile Home: Provides immediate rental income while you plan your future developments. Potential Uses: Agricultural Ventures: Ideal for crops, livestock, or organic farming, with the existing barn and infrastructure supporting various agricultural operations. Residential Development: Create a private estate, subdivide for multiple homes, or develop a community of custom built residences taking advantage of the beautiful surroundings. Recreational Opportunities: Use the wooded areas for hiking, camping, or outdoor activities, attracting visitors and families looking to enjoy nature. Commercial Ventures: With significant road frontage, consider establishing a farm-to-table market, event venue, or agri-tourism business that capitalizes on the scenic landscape. Expansion Opportunities: This property can be combined with an adjacent 36 acres of rolling wooded countryside or an additional 27 acres of gently rolling farmland across the highway, significantly increasing your investment potential and allowing for larger development plans. Don't miss this rare opportunity to invest in a versatile property that offers endless possibilities in a beautiful rural setting. Whether you're looking to start a farm, develop residential housing, or launch a commercial enterprise, this land is ready for your vision.
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FeaturesGeneralUtilities Electricity Available Water Available
Zoning Other
View Farm Rural Trees/Woods
Topography Gentle Sloping
Property Subtype Farm
Current Use Recreational Pasture Horses Cattle Agricultural
Parcel Number 028-0000001.00
County Rowan
New Construction N
Property Type Farm
Subdivision Name Rural
Possible Use Residential Recreational Pasture Horses Commercial Cattle Agricultural
Garage Y/N N
Total Rooms 0
Status Active
Directions Take exit 137 off I 64 to HWY 32 Flemingsburg Road to the Rowan County/Fleming County line approx 5.7 miles. You will find the property on your right across from Maxey Flats turn in. Drive up the lon
High School Rowan Co
City Morehead
Zoning Description Flexible
MLS Area 061 - Rowan County
Lot Size Units Acres
Lot Size Square Feet 1160003.0
Land Lease 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
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Features Gentle Sloping
Water Source Public
Lot Size Area 26.63
Building Area Total 0.0
Lot Dimensions irregular
Lot Size Acres 26.63
Lot Size Source Public Records
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,323
- 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 NearbyFarm listings in Morehead, KY
Average List Price $693,050
Percent of Sale Price 30%
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.
4888872 Elementary School
4888870 Middle School
Rowan Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2025 | $532,600 | | Listed Price |