Exceedingly rare opportunity to claim a fantastic property settled in an exceptional location! Perched on nearly 4 acres within view of the boundary of Daniel Boone National Forest, yet only 2 minutes to I-64 access, 10 minutes to Cave Run Lake, 10 minutes to downtown Morehead, & under an hour to Lexington. Ranch home boasts over 4,000 sq. ft of finished living space, in addition to a 26'X34' fully-insulated climate-controlled garage/workshop & a 24'X30' drive-thru sliding door barn, both equipped with electric & exterior water. Highlights of this home include full-sized doorways & hallways making every room easily accessible, a massive primary suite complete with office & flex space possibly ideal for a mother-in-law area, & a large walk-out basement with uniquely spacious 9' ceilings. Could be the perfect home for a multi-generational family and/or all sorts of hobby-enthusiasts such as boaters, woodworkers, mini-farmers, gardeners, etc. This place is definitely worth a look, schedule your showing today! Listing Agent is a relative (son) of Sellers.
For sale
Price cut: $26K (3/4)
$549,000
1150 Rice Rd, Morehead, KY 40351
4beds
4,096sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1995
3.88 Acres Lot
$527,800 Zestimate®
$134/sqft
$-- HOA
What's special
- 126 days |
- 235 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Nathan Stansbury 859-629-1869,
Lifstyl Real Estate
Source: Imagine MLS,MLS#: 26001531
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Level: First
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Primary bathroom
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Bathroom 3
- Level: First
Den
- Level: First
Dining room
- Level: First
Family room
- Level: First
Great room
- Level: Lower
Kitchen
- Level: First
Utility room
- Level: First
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Refrigerator, Range
Features
- Flooring: Carpet, Laminate
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
- Finished area above ground: 3,184
- Finished area below ground: 912
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Detached Garage, Driveway
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
Lot
- Size: 3.88 Acres
Details
- Additional structures: Barn(s), Workshop, Boat House
- Parcel number: 01900 00 028.05
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Concrete Perimeter
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Rural
HOA
- Has HOA: No
Location
- Region: Morehead
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $262,460
- Annual tax amount: $2,239
- Date on market: 1/21/2026
Estimated market value
$527,800
$501,000 - $554,000
$2,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $549,000-4.5%$134/sqft |
Source:  Imagine MLS #26001531 Report a problem | ||
| 1/21/2026 | Listed for sale | $575,000-4%$140/sqft |
Source: Imagine MLS #26001531 Report a problem | ||
| 1/1/2026 | Listing removed | $599,000$146/sqft |
Source: Imagine MLS #25501596 Report a problem | ||
| 11/26/2025 | Price change | $599,000-7.7%$146/sqft |
Source: Imagine MLS #25501596 Report a problem | ||
| 9/18/2025 | Listed for sale | $649,000$158/sqft |
Source: Imagine MLS #25501596 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,239 +0.1% | $262,460 |
| 2023 | $2,236 +7.9% | $262,460 +9.4% |
| 2022 | $2,072 -2.5% | $239,840 |
| 2021 | $2,125 -1.8% | $239,840 |
| 2020 | $2,163 -1.1% | $239,840 |
| 2019 | $2,187 +3.2% | $239,840 +2.8% |
| 2018 | $2,119 +8.8% | $233,320 |
| 2017 | $1,948 | $233,320 |
| 2016 | $1,948 | $233,320 +1.2% |
| 2014 | $1,948 | $230,500 |
| 2013 | $1,948 | $230,500 |
| 2012 | -- | $230,500 |
| 2011 | -- | $230,500 |
| 2010 | -- | $230,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 40351
Nearby schools
GreatSchools rating
- 7/10McBrayer Elementary SchoolGrades: K-5Distance: 3.8 mi
- 5/10Rowan County Middle SchoolGrades: 6-8Distance: 3.9 mi
- 6/10Rowan County Senior High SchoolGrades: 9-12Distance: 3.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Rowan County
- Morehead
- 40351
- 1150 Rice Rd
Nearby cities
Nearby zip codes
Other Morehead Topics
