Jason Catlett

2385 Kentucky Highway 801

Morehead, KY
$ 1,300,000 Beds 3 Baths 1.5 Sq 2,472
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,300,000
  • City
  • Morehead
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • ROWAN
  • Half Bathrooms
  • 1
  • Area
  • 061 - Rowan County
  • Lot Size
  • 18.74 Acres
  • Zip
  • 40351
  • Sqr Footage
  • 2,472
  • Year Built
  • 1969
  • Style
  • Ranch
  • MLS#
  • 26008806
Listed By: HomeLand Real Estate Inc - 606-755-7065
Data Source: ImagineMLS

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Taylorsville, KY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Rowan Co Elementary School
Middle School Rowan Co Middle School
High School Rowan Co High School

Price History

4/23/2026 Listed $1,300,000

Property vs Zip Code Average in 40351

Price
AVG $380K
$1.3M
Year Built
AVG 1990
1969
Visits
AVG 141
280
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2385 Kentucky Highway 801 Morehead, KY is a Single Family Home for sale at $1300000 with 2472 sqft and a lot size of 18.74 Acres Acre(s). 2385 Kentucky Highway 801 Morehead has 3 bedrooms, 1 baths and was built in 1969. The property's zip code is 40351 which is in Morehead, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jason Catlett

Jason Catlett

REALTOR®

502-644-1130

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