20 Pickle Lane, Morehead, KY 40351
$2,250,000
Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
1,200
Lot Size (sq. ft.):
217,800
Status:
Active
Current Price:
$2,250,000
List Date:
10/06/2026
Last Modified:
10/13/2026
Listing Details MLS# 26027640
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Single Family Residence
Status Change Information
- Status Change Timestamp
- 2026-10-06
Address
- County
- Rowan
- Street Number
- 20
- Street Name
- Pickle
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40351
- Zip +4
- 2012
- Directions
- From KY 801 and Rice Road travel down Rice Road to Pickle Lane
- Parcel Number
- 019-00 00 036.16
Contract
- Original List Price
- 2250000
- Start Showing Date
- 2026-10-06
- Listing Contract Date
- 2026-10-04
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 1875
Tax Legal
- MLS Area Major
- 061 - Rowan County
- High School District
- Rowan County - 61
Interior
- Bedrooms Total
- 3
- Bathrooms Total
- Yes
- Bathrooms Full
- Yes
- Above Grade Finished Area
- 1200
- Living Area
- 1200
- Living Area Source
- Plans
- Basement YN
- No
- Fireplace YN
- No
More Information
Parking Information
- Garage YN
- No
- Carport YN
- No
Building
- Year Built
- 2021
- Accessibility Features YN
- No
Lot
- Lot Size Source
- Public Records
- Lot Size Acres
- 5
- Lot Size Square Feet
- 217800
- Pool Private YN
- No
- Waterfront YN
- No
- Water Body Access YN
- No
- Horse YN
- No
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.
Amenity Fee Details
- Amenity Fee YN
- No
Room Types
- Kitchen Level
- First
- Primary Bedroom Level
- First
Property Features
Appliances:
Range; Refrigerator
Architectural Style:
Ranch
Construction Materials:
Vinyl Siding
Cooling:
Central Air; Electric; Heat Pump
Flooring:
Luxury Vinyl
Foundation Details:
Slab
Heating:
Electric; Heat Pump
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
One
Parking Features:
Driveway
Possession:
Close Of Escrow
Roof:
Shingle
Sewer:
Septic Tank
Structure Type:
House
Water Heater:
Electric
Water Source:
Public
Showing Requirements:
Restricted Hours; Showing Service
Room Types:
Kitchen; Primary Bedroom
Room Information
| Room Name | Level |
|---|---|
| Primary Bedroom | First |
| Kitchen | First |
Sellers Disclosure Of Property Condition ›
Listing Office:
HomeLand Real Estate Inc
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.