$184,000
- 2 Beds
- 1.5 Baths
1589 Pennington Flats Rd, Morehead, KY 40351
Jennifer Hazelrigg 606 Real Estate & Auctions
$184,000
1589 Pennington Flats Rd, Morehead, KY 40351
Jennifer Hazelrigg 606 Real Estate & Auctions
Morehead, located in Eastern Kentucky and the seat of Rowan County, is a rural area with a vibrant downtown scene. Established in 1854, its growth was bolstered by the opening of Morehead State University in 1887. The university contributes to an active Main Street, though it quiets down on weekends when students often return home. Morehead serves as a hub for surrounding communities, offering diverse shopping and dining options. Outdoor enthusiasts can enjoy the Morehead City Park Complex, Eagle Lake, and Cave Run Lake for hiking, fishing, and boating. The Sheltowee Trace National Recreation Trail, adorned with artist-painted turtle statues, runs through Morehead, extending into the Red River Gorge and Daniel Boone National Forest. Housing in Morehead includes midcentury homes, contemporary builds, ranch-style houses, cottages, and large New Traditional homes, often on spacious lots. The downtown area features local shops, murals, and eateries like Sawstone Brewing, with a lively atmosphere on weekdays. Essential stores such as Walmart, Kroger, and Lowe's are located on the west side. Education is provided by Rowan County Schools, with Morehead State University offering numerous undergraduate programs. Major roads like Route 60 and Interstate 64 connect Morehead to Lexington, 65 miles away, where residents can access Blue Grass Airport for flights.
On average, homes in Morehead, KY sell after 40 days on the market compared to the national average of 55 days. The median sale price for homes in Morehead, KY over the last 12 months is $243,750, up 12% from the median home sale price over the previous 12 months.