09/22/2026
🏗️ RESIDENTIAL DEVELOPMENT OPPORTUNITY | MOREHEAD, KY
For builders, developers and investors looking for a project with meaningful work already completed, Stonecrest offers an opportunity to step into a residential development already in progress.
Originally planned as a 37-lot development, Stonecrest has already established momentum:
• One home completed and sold
• Seller reports utility infrastructure installed to serve 22 lots
• Water, sewer, electric, data and cable reportedly available
• Nearly completed spec home available with the full package
• Footer poured for an additional home
• Road and site improvements already underway
Two Purchase Options
🏡 $1,100,000 - Full Package
Includes the nearly completed spec home and approximately 14.9 acres
MLS #26008030
🏗️ $799,000 - Development-Only Option
Excludes the spec home and its lot; total acreage is therefore different from the full-package offering
MLS #26013104
The development is conveniently located approximately 2 miles from I-64, less than 1 mile from Eagle Trace Golf Course and under 10 miles from Cave Run Lake.
This is more than undeveloped acreage - it is an opportunity to carry forward a residential project with substantial groundwork already completed.
📍 Stonecrest Street | Morehead, Kentucky
For the exact acreage and property configuration included with each offering, development information or a private tour, contact:
Jill Ratliff, REALTOR®
📲 606-356-1393
Paragon Realty Partners – Central & Eastern KY
Information provided by the seller and deemed reliable but not guaranteed. Buyers should independently verify acreage, boundaries, development plans, remaining lot count, utility availability, approvals, zoning and intended use.