Listing provided courtesy of HomeLand Real Estate Inc- MLS# 26008811MLS Provider

2385 KY Hwy 801Morehead, KY 40351

Vacant Land · 18.74 Acres
$1,300,000 Active

2385 KY Hwy 801 Overview

Time on Site:
67 days
Visits:
1

Positioned for both immediate income and long-term growth, Shady Pines Inn (name doesn't 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 is ready for continued Airbnb or short-term rental use, featuring 3 bedrooms and 1.5 baths, a living area with ample seating and a huge 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.

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2385 KY Hwy 801 Facts & Features

  • Type Vacant Land
  • Lot 18.74 Acres

Details

General

Business Information

  • Current Use: Recreational,Residential

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: 013-00 00 006.00
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Irregular Lot,Wooded,Gentle Sloping
  • Lot Size Acres: 18.742
  • Lot Size Area: 18.74
  • Lot Size Square Feet: 816401.52
  • Lot Size Units: Acres
  • Elevation Units: Feet

Waterfront/View

  • View: true

2385 KY Hwy 801 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.

2385 KY Hwy 801 Monthly Cost

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* 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.

2385 KY Hwy 801 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

2385 KY Hwy 801 History

Date Event Value Agent
4/23/2026Source: Imagine MLS/Bluegrass Added to Database
April 23, 2026