OFF MARKET

Off Market Aug 2023 for $350K

$438,484

Est. refi paymentEst. refi $2,332/mo

•

3,310

sq ft

1040 Pennington Flats Rd, Morehead, KY 40351

About this home

Country Living at its finest! Beautifully renovated split level home in Rowan County. 17 acres+/- with a fully stocked fishing pond with bass, bluegill, and catfish galore. Bring your horses, chickens, goats, or whatever because there's no restrictions to what you can do with your property. Touching the property is none other than the Daniel Boone National Forest. There is a hunting cabin in the woods, too. Main house is a beautiful 4 bedroom, 2 and a half bath, with over 3300 square feet. Gorgeous double sunroom, above ground pool and hot tub!! Storage buildings convey as well. Did I mention the brand new Hybrid Commercial hot water heater? How about the brand new metal roof installed Sept. 2022? It's a must come and see for yourself! Call me today for your private showing.

Single-familyProperty Type

1968Year Built

17 acresLot Size

$132Est. Price/Sq.Ft.

1 car garageParking

Listed by Christine McArthur • Rector Hayden Realtors

Bought with Ryan Sigler • Rector Hayden Realtors

Redfin checked: a minute ago

•Source:ImagineMLS #23004368

Redfin Estimate

$438,484

$88K since sold in August 2023$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 42.1% higher than the average sale price ($309K) of 6 comparable homes.

SOLD JUL 1, 2026
$445,000
A
4 beds3 baths3,541 sq ft
819 Fraley Dr, Morehead, KY 40351
SOLD MAY 1, 2026
$300,000
B
4 beds3 baths2,640 sq ft
80 Jackson Dr, Morehead, KY 40351
SOLD APR 16, 2026
$290,000
C
4 beds2 baths2,560 sq ft
616 Fraley Dr, Morehead, KY 40351
SOLD NOV 13, 2025
$245,000
D
4 beds3 baths2,884 sq ft
1129 N Wilson Ave, Morehead, KY 40351
SOLD AUG 17, 2026
$305,000
E
4 beds2.5 baths3,268 sq ft
129 Douglas Holw, Olive Hill, KY 41164
SOLD JUN 4, 2026
$266,000
F
4 beds3 baths2,400 sq ft
645 Ky-173, Morehead, KY 40351

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Earn from this home

Refinance

Est. cash available

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Rent

$3,372/mo

Redfin rental estimate

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Market trends in 40351, KY

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.2%

0.4% MoM

Median sale price

$215K

$8K MoM

Avg. days on market

68d

5 days MoM

Recently sold homes

4 MoM

New listings for sale

$280,000
3 beds2 baths2,888 sq ft
645 Whitaker St, Morehead, KY 40351
$215,000
4 beds2 baths1,600 sq ft
12455 Brown Ridge Rd, Morehead, KY 40351
$315,000
4 beds3 baths2,144 sq ft
145 Monticello Dr, Morehead, KY 40351
$242,000
2 beds2 baths1,920 sq ft
875 Copperas, Morehead, KY 40351
$140,000
1 bed1 bath530 sq ft
100 Lyons Cemetery Rd, Morehead, KY 40351
See all

Provided by Redfin

Sale history for 1040 Pennington Flats Rd

Date

Event

Price

ImagineMLS #23004368

Aug 14, 2023

Sold

$350,000

$106/sq ft

Jul 21, 2023

Pending

—

Jul 15, 2023

Contingent

—

Jul 12, 2023

Price Changed

$365,000

$110/sq ft

Jul 4, 2023

Price Changed

$450,000

$136/sq ft

Jun 22, 2023

Price Changed

$475,000

$144/sq ft

May 26, 2023

Price Changed

$510,000

$154/sq ft

Apr 24, 2023

Relisted

—

Apr 15, 2023

Contingent

—

Mar 14, 2023

Listed

$530,000

$160/sq ft

ImagineMLS #22004126

Apr 8, 2022

Sold

$295,000

$89/sq ft

Mar 11, 2022

Pending

—

Mar 8, 2022

Listed

$295,000

$89/sq ft

+42

Nestled in a beautiful rustic setting. This family perfect 2 story brick home offers 3 bedrooms, 2 full baths and 1 half bath. Situated on 17 gorgeous acres that backs up to the Daniel Boone National Forest. Spacious living areas include family room with wood fireplace insert, sunroom and more. A large back deck and concrete patio are yours to enjoy. If you love the outdoors, there is a stocked fishing pond and a tree fort with insulation and 360 degree windows on top of the hill. More pictures to come.

Public Records

Jun 9, 2016

Sold

$224,000

$68/sq ft

ImagineMLS #1521108

Oct 28, 2015

Listing Removed

—

Sep 25, 2015

Listed

$249,900

$75/sq ft

ImagineMLS #1508642

Oct 28, 2015

Listing Removed

—

Aug 26, 2015

Listed

$249,900

$75/sq ft

Public Records

Sep 7, 2005

Sold

$212,500

$64/sq ft

Public Records

Feb 4, 2003

Sold

$212,500

$64/sq ft

Tax history for 1040 Pennington Flats Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

17 Acres

Year renovated

—

Sq. Ft.

2,292

Year built

—

Style

Single Family Residential

County

Rowan County

APN

043-00 00 099.00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: Detached Carport, Detached Garage, Driveway

Garage Information
Has Garage
Yes

Interior

Bathroom Information
Bathrooms (Full): 2
Bathrooms (1/2): 1

Heating & Cooling
Has Heating
Heating: Electric, Heat Pump
Cooling: Electric, Heat Pump

Interior Features
Below Grade Finished Area: 1,540
Interior Features: Ceiling Fan(s)
Appliances: Dryer, Microwave, Other, Refrigerator, Washer, Oven
Flooring: Carpet, Hardwood, Tile
Window Features: Insulated Windows, Screens
Laundry Features: Electric Dryer Hookup, Washer Hookup

Room Information
Fireplace: Yes

Exterior

Exterior Features
Other Structures: Shed(s)
Foundation Details: Slab
Roof: Metal
Construction Materials: Brick Veneer, Vinyl Siding
Pool Features: Above Ground

Lot Information
Lot Features: Wooded
Lot Size Square Feet: 740,520
Lot Size Acres: 17
Lot Size Source: Public Records
Water Source: Public
On Waterfront: No
Has View: Yes
View: Other

Property Information
Structure Type: House
Levels: Multi/Split, Two

Building Information
Building Area Total: 3,310

Financial

Tax Information
Parcel Number: 043-00 00 099.00

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Electricity Connected, Water Connected

Location

School Information
Elementary School: Tilden Hogge
Middle Or Junior School: Rowan Co
High School: Rowan Co
High School District: Rowan County - 61

Location Information
County Or Parish: Rowan
Directions: From Morehead Take 32 towards Flemingsburg. Take right onto Pennington Flats Rd. Go approximatey 1 mile Pull into 2nd entrance near Rector Hayden sign
Subdivision Name: Rural

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,292
Stories: 2.0
Lot Size: 17 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Rowan County
APN: 043-00 00 099.00

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Tilden Hogge Elementary School

Public K-5 • Assigned • 4.1mi

6/10

Rowan County Middle School

Public 6-8 • Assigned • 1.6mi

5/10

Rowan County Senior High School

Public 9-12 • Assigned • 1.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 19 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Morehead, KY • 40351

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$417,000 – $505,000

Sell confidently with a local market expert in Morehead. 3 minutes to get started.

Nearby similar homes

$289,900

3 beds2 baths2,224 sq ft

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FOR SALE BY OWNER

$300,000

4 beds2 baths— sq ft

185 Old Kentucky Highway 801 N, Morehead, KY 40351

$125,000

3 beds1 bath1,560 sq ft

443 N Wilson Ave, Morehead, KY 40351

$289,900

3 beds2 baths1,406 sq ft

27 Dale Hollow Dr, Morehead, KY 40351

$154,900

1 bed2 baths1,080 sq ft

540 Timberwoods Trl, Morehead, KY 40351

$349,900

3 beds2 baths1,724 sq ft

37 Grayson Dr, Morehead, KY 40351

New listings for sale in 40351

$280,000

3 beds2 baths2,888 sq ft

645 Whitaker St, Morehead, KY 40351

$215,000

4 beds2 baths1,600 sq ft

12455 Brown Ridge Rd, Morehead, KY 40351

$315,000

4 beds3 baths2,144 sq ft

145 Monticello Dr, Morehead, KY 40351

$242,000

2 beds2 baths1,920 sq ft

875 Copperas, Morehead, KY 40351

$140,000

1 bed1 bath530 sq ft

100 Lyons Cemetery Rd, Morehead, KY 40351

Home values near 1040 Pennington Flats Rd

Data from public records.

Address	Redfin Estimate
1025 Pennington Flats Road, Morehead, KY 3 Beds \| 2 Baths \| 1948 Sq. Ft.	$336,133
780 Pennington Flats Road, Morehead, KY 3 Beds \| 1 Baths \| - Sq. Ft.	$269,761

Address	Redfin Estimate
975 Pennington Flats Road, Morehead, KY 3 Beds \| 1.5 Baths \| 1880 Sq. Ft.	$195,149
745 Pennington Flats Road, Morehead, KY 3 Beds \| 2 Baths \| 2420 Sq. Ft.	$504,879

Address	Redfin Estimate
1175 Pennington Flats Road, Morehead, KY 3 Beds \| 2 Baths \| 1994 Sq. Ft.	$391,258
850 Pennington Flats Road, Morehead, KY 3 Beds \| 2.5 Baths \| 3016 Sq. Ft.	$338,377

Property information provided by ImagineMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 40351, KY

Sale history for 1040 Pennington Flats Rd

Tax history for 1040 Pennington Flats Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 40351

Home values near 1040 Pennington Flats Rd

More real estate resources