Water Views
Address
2385 Kentucky Highway 801, Morehead, KY
Price
$ 1,300,000
Property Attributes
- MLS#26008806
- TypeSingle Family
- Listing Status Active
- CountyROWAN
- CityMorehead
- Area061 - Rowan County
- NeighborhoodRural
- Zip40351
- StyleRanch
- Year Built1969
- Price$ 1,300,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage2472
- Lot Size18.74 Acres
Data Source:
ImagineMLS
Property Description
Positioned for both immediate income and long-term growth, Shady Pines Inn (name does not convey) 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 ready for continued Airbnb or short-term rental use, featuring 3 bedrooms, 1.5 baths, a comfortable living area and a large eat in 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, 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Rowan Co Elementary School | Rowan Co Middle School | Rowan Co High School |
| Price History | |
|---|---|
| 4/23/2026 | Listed $1,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Heat Pump |
| Cooling | Central Air,Electric |
| Possession | Close Of Escrow |
| Roof | Metal |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Ranch |
| Construction Materials | Brick Veneer |
| Year Built | 1969 |
| View | Trees/Woods,Water |
| Levels | One |
| Property Subtype | Single Family Residence |
| Parcel Number | 013-00 00 006.00 |
| County | Rowan |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Rural |
| Garage Y/N | No |
| Other Structures | Barn(s),Shed(s) |
| Total Rooms | 7 |
| Full Baths | 1 |
| Status | Active |
| Directions | From KY 801 and I-64 travel south on KY 801 to the property on the right |
| 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 | 816401.52 |
| Carport Y/N | No |
| Elementary School | Rowan Co |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Rowan Co |
| MLS Area Minor | 061 - Rowan County |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Structure Type | House |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Sewer_co_Public_sp_Sewer | True |
Interior Features
| Basement | Interior Entry,Walk-Out Access,Walk-Up Access |
|---|---|
| Flooring | Carpet,Vinyl |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1236.0 |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 1236.0 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
| Heating-Heat Pump | True |
Exterior Features
| Parking Features | Driveway,Off Street |
|---|---|
| Lot Features | Many Trees,Wooded |
| Water Source | Public |
| Lot Size Area | 18.74 |
| Foundation Details | Block,Slab |
| Building Area Total | 2472.0 |
| Lot Size Acres | 18.74 |
| Lot Size Source | Public Records |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | Yes |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 40351
Price
Year Built
Visits
Data last updated: September 11, 2026 3:40 AM UTC and updating occurs daily
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