391 Timberwood Trail
Morehead, KY, 40351 $ 159,900
Bedrooms3 Baths2.0 Sq 1,600 Monthly Estimate*
$ 998
for $159,900 with 3 bedrooms and 2 full baths. This 1,600 square foot home was built in 1995 on a lot size of 0.67.
Welcome to this beautifully updated home offering comfort, style, and convenience just minutes from Cave Run Lake in Lakewood Acres Subdivision. Featuring approx. 1,600 square feet of living space on a spacious .67-acre lot, this property is move-in ready and perfectly suited as a full-time residence, second home, or short-term rental investment. Inside, you'll find a bright and open floor plan designed for both relaxation and entertaining. The living room showcases built-in bookcases and cabinets, creating a warm and functional space for family gatherings or quiet evenings. The large bonus room with its own entrance offers flexibility for a home office, playroom, or extra guest space. The updated kitchen boasts new stainless steel appliances, complementing the fresh flooring, paint, and modern ceiling fans throughout. A generous primary suite provides a peaceful retreat, while two additional bedrooms and a second full bath ensure plenty of space for everyone. Step outside and enjoy the wonderful outdoor living areas this home provides. A screened back porch (20' x 12') allows you to relax bug-free in every season, while the open deck and welcoming front porch are perfect for morning coffee or evening sunsets. The beautifully landscaped yard features mature trees, a fire pit for gathering with friends and family, and plenty of room to enjoy the outdoors. The property also includes excellent storage and parking options. The 24' x 24' detached two-car garage is equipped with electric, lighting, and attic storage, plus a covered carport for added convenience. A 10' x 12' storage shed provides even more space for tools, lake gear, or lawn equipment. All the updates have been thoughtfully completed for you — new stainless appliances, flooring, ceiling fans, fresh paint, and landscaping — so you can simply move in and enjoy. Whether you're searching for a weekend retreat near the lake, a potential Airbnb/short-term rental, or a well-maintained permanent residence, this home checks every box. Located approx. 5 minutes from Cave Run Lake and close to the Daniel Boone National Forest, this property offers quick access to boating, fishing, hiking, and all the natural beauty the area has to offer, while still being a short drive to town amenities. With its blend of comfort, updates, and location, this home is truly a rare find. Buyer to verify all square footage measurements.
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FeaturesInteriorInterior Amenities Ceiling Fan(s)
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Screens
Fireplace Y/N N
Above Grade Finished Area 1600.0
Half Baths 0
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2
Heating-Heat Pump True
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GeneralSewer Septic Tank
Heating Heat Pump
Cooling Ceiling Fan(s) Heat Pump
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Range Refrigerator
Garage Spaces 2.0
Patio/Porch Features Porch Front Porch Rear Porch
Construction Materials Aluminum Siding
Year Built 1995
Levels One
Property Subtype Single Family Residence
Parcel Number 022-00 00 020.12
County Rowan
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rural
Garage Y/N Y
Other Structures Shed(s)
Total Rooms 7
Full Baths 2
Status Contingent
Directions Exit 133- Take Hwy 801N toward Cave Run Lake. At the roundabout take the 2nd exit onto KY-801. In 1.1 mile turn left onto Lakewood Dr (right beside Crash's Landing). Follow road for .3 mile and turn
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 29185.2
Carport Spaces 2.0
Carport Y/N Y
Elementary School Clearfield
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 Manufactured House
Standard Status Pending
Senior Community None
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ExteriorExterior Amenities Fire Pit Other
Fencing Partial Privacy Wood
Parking Features Detached Carport Detached Garage Driveway Garage Door Opener Garage Faces Front
Lot Features Few Trees Landscaped
Water Source Public
Lot Size Area 0.67
Foundation Details Pillar/Post/Pier Other
Building Area Total 1600.0
Lot Size Acres 0.67
Lot Size Source Public Records
Waterfront Y/N N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByParagon Realty PartnersBroker
jill.realtor22@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $998
- 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 $324,736
Percent of Sale Price 103%
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.
3289917 Elementary School
3292805 Middle School
Rowan Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2025 | $159,900 | -5.38% | Price Down |
| 9/19/2025 | $169,000 | | Listed Price |