Listing provided courtesy of SimpliHOM- MLS# 25011733MLS Provider

7325 Flemingsburg RoadMorehead, KY 40351

Single Family · 3 Beds · 1 Full Bath · 26.98 Acres
$540,000 Active

7325 Flemingsburg Road Overview

Time on Site:
390 days
Visits:
13

Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead. The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch. Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase. There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish! Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients. - Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. *Some Photos are AI renders to inspire vision.

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7325 Flemingsburg Road Facts & Features

  • Type Single Family
  • Lot 26.98 Acres

Details

General

School Information

  • Middle Or Junior School: Rowan Co
  • High School: Rowan Co

Business Information

  • Current Use: Pasture,Vacant

Location/Region

  • County Or Parish: Rowan
  • MLS Area Major: 061 - Rowan County
  • MLS Area Minor: 061 - Rowan County
  • Subdivision Name: Rural

General Information

  • Parcel Number: 028-00-001.02
  • Possible Use: Agricultural,Cattle,Commercial,Horses,Industrial,Pasture,Recreational,Residential
  • Property Sub Type: Farm
  • Property Type: Farm

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3

General Information

  • Heating: true
  • Levels: One and One Half
  • Living Area Units: Square Feet
  • Rooms Total: 4

Exterior

Lot Information

  • Lot Features: Cleared,Rolling Slope
  • Lot Size Acres: 26.975
  • Lot Size Area: 26.98
  • Lot Size Dimensions: irregular shape
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 1175031.0
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Structure Type: House

    General Information

    • Other Structures: Barn(s)
    • Sewer: Septic Tank
    • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available

    7325 Flemingsburg Road Neighborhood

    Community

    40351 (Morehead) Demographics

    30
    Median Age
    87
    Population Density (per sq. mile)
    34%
    College Educated
    $43,385
    Estimated Median Income
    4,781
    Estimated Total Home Owners
    3,137
    Estimated Total Renters
    60% / 40%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    7325 Flemingsburg Road Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    7325 Flemingsburg Road Market Data

    Based on the last 30 days in this zip code

    $304,894
    Average List Price
    $156
    Average Price per Square Foot
    11
    Properties Sold
    65
    Average Days on Market
    74
    Properties for Sale
    Calculations provided by Reliance Network

    7325 Flemingsburg Road History

    Date Event Value Agent
    5/30/2026Source: Imagine MLS/Bluegrass Price Reduction
    $575,000 -14.8%
    5/30/2026Source: Imagine MLS/Bluegrass Price Reduction
    $540,000 -15.6%
    4/25/2026Source: Imagine MLS/Bluegrass Price Reduction
    $640,000 -7.2%
    4/25/2026Source: Imagine MLS/Bluegrass Price Reduction
    $675,000 -6.9%
    4/17/2026Source: Imagine MLS/Bluegrass Price Reduction
    $725,000 -6.5%
    4/17/2026Source: Imagine MLS/Bluegrass Price Reduction
    $690,000 -6.8%
    3/2/2026Source: Imagine MLS/Bluegrass Price Reduction
    $740,000 -6.3%
    3/2/2026Source: Imagine MLS/Bluegrass Price Reduction
    $775,000 -6.1%
    10/23/2025Source: Imagine MLS/Bluegrass Price Reduction
    $825,000 -25.0%
    10/23/2025Source: Imagine MLS/Bluegrass Price Reduction
    $790,000 -11.4%
    10/9/2025Source: Imagine MLS/Bluegrass Added to Database
    October 09, 2025
    8/12/2025Source: Imagine MLS/Bluegrass Added to Database
    August 12, 2025