Sold for $370,000 on 03/28/23
$370,000
250 Old Phelps Rd, Morehead, KY 40351
2beds
2,508sqft
Cabin
Built in 1985
20.38 Acres Lot
$422,500 Zestimate®
$148/sqft
$1,810 Estimated rent
Home value
$422,500
$393,000 - $452,000
$1,810/mo
Zestimate® history
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Owner options
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What's special
Off a county lane near Morehead on 20 beautiful acres with a great view! Custom built with Hemlock hand hewn logs and stone 1 and 1/2 story house. 2 bedrooms, 3 baths and a bonus flex room, loft and a living space in the basement. Walk-out basement, family room with gas fireplace, central heat, hardwood and tile flooring, new kitchen cabinets and much more. Property is also fenced and has barn and new garage. Close to Cave Run Lake and I-64 on mile marker 133. Don't let this one get away!
Zillow last checked: 8 hours ago
Listing updated: August 25, 2025 at 08:21pm
Listed by:
Andrea Greenhill 606-776-5705,
All Star Real Estate, Inc.
Bought with:
Damon M Ballinger, 201292
C Roger Lewis Agency
Source: Imagine MLS,MLS#: 23003089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom 1
- Level: Second
Bathroom 1
- Description: Full Bath
- Level: First
Bathroom 2
- Description: Full Bath
- Level: Second
Bathroom 3
- Description: Full Bath
- Level: Third
Bonus room
- Level: Lower
Family room
- Level: First
Family room
- Level: First
Family room
- Level: First
Great room
- Level: Lower
Great room
- Level: Lower
Kitchen
- Level: First
Utility room
- Level: Lower
Heating
- Floor Furnace, Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Cooktop, Oven, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Breakfast Bar, Eat-in Kitchen, Ceiling Fan(s)
- Flooring: Carpet, Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Insulated Windows, Blinds
- Basement: Finished,Full,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,508
- Total interior livable area: 2,508 sqft
- Finished area above ground: 1,604
- Finished area below ground: 904
Property
Parking
- Parking features: Detached Garage, Driveway
- Has garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Patio, Porch
- Fencing: Other,Wood
- Has view: Yes
- View description: Rural, Farm
Lot
- Size: 20.38 Acres
Details
- Additional structures: Barn(s), Shed(s), Stable(s)
- Parcel number: 01900 00 002.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Colonial
- Property subtype: Cabin
Materials
- Log, Stone
- Foundation: Concrete Perimeter, Stone
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Morehead
- Subdivision: Rural
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2023 | Pending sale | $429,900+16.2%$171/sqft |
Source: | ||
| 3/28/2023 | Sold | $370,000-13.9%$148/sqft |
Source: | ||
| 3/17/2023 | Contingent | $429,900$171/sqft |
Source: | ||
| 3/8/2023 | Price change | $429,900-10.3%$171/sqft |
Source: | ||
| 2/21/2023 | Listed for sale | $479,500+109.9%$191/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $1,052 -2.5% | $162,260 |
| 2021 | $1,079 -26.3% | $162,260 -29% |
| 2020 | $1,464 -1.1% | $228,400 +6.3% |
Find assessor info on the county website
Neighborhood: 40351
Nearby schools
GreatSchools rating
- 6/10Mcbrayer Elementary SchoolGrades: K-5Distance: 4.4 mi
- 4/10Rowan County Middle SchoolGrades: 6-8Distance: 4.3 mi
- 7/10Rowan County Senior High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: McBrayer
- Middle: Rowan Co
- High: Rowan Co
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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