OFF MARKET

Off market mar 2023 for $370K

$514,032

Est. refi paymentEst. refi $2,562/mo

•

2,508

sq ft

250 Old Phelps Rd, Morehead, KY 40351

About this home

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!

Single-familyProperty Type

1985Year Built

20.38 acresLot Size

$205Est. Price/Sq.Ft.

Listed by Andrea Greenhill • All Star Real Estate, Inc.

Bought with Damon Ballinger • C Roger Lewis Agency

Redfin checked: a minute ago

•Source:ImagineMLS #23003089

Redfin Estimate

$514,032

$144K since sold in March 2023$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 61.1% higher than the average sale price ($319K) of 6 comparable homes.

SOLD OCT 6, 2026
$353,000
A
3 beds2 baths1,800 sq ft
1940 Sharkey Rd, Morehead, KY 40351
SOLD AUG 24, 2026
$310,000
B
3 beds2 baths1,575 sq ft
300 Keeneland Dr, Morehead, KY 40351
SOLD AUG 28, 2026
$242,500
C
3 beds3 baths2,004 sq ft
703 Knapp Ave, Morehead, KY 40351
SOLD JAN 23, 2026
$480,000
D
3 beds2.5 baths2,658 sq ft
125 Whispering Oaks, Morehead, KY 40351
SOLD SEP 14, 2026
$389,000
E
3 beds2 baths1,878 sq ft
71 Jersey Way, Morehead, KY 40351
SOLD MAR 6, 2026
$140,000
F
3 beds2.5 baths2,120 sq ft
725 Cincinnati Br, Morehead, KY 40351

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,628/mo

Redfin rental estimate

List your home for rent

Market trends in 40351, KY

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

0.0% MoM

Median sale price

$232K

$12K MoM

Avg. days on market

70d

8 days MoM

Recently sold homes

6 MoM

New listings for sale

$172,000
3 beds1 bath3,424 sq ft
4525 Ccc Trl, Morehead, KY 40351
$150,000
3 beds1 bath1,122 sq ft
123 Quisenberry Rd, Morehead, KY 40351
$695,000
3 beds2.5 baths2,560 sq ft
11039 Brown Ridge Rd, Morehead, KY 40351
$159,900
2 beds1 bath1,056 sq ft
9335 U.s. 60 E, Morehead, KY 40351
$145,000
3 beds2 baths1,680 sq ft
234 Grab Nickell Hl, Morehead, KY 40351
$575,000
3 beds3 baths2,890 sq ft
110 Robin Hood Dr, Morehead, KY 40351
$290,000
4 beds2.5 baths2,263 sq ft
129 Circle Dr, Morehead, KY 40351
$2,250,000
3 beds1 bath1,200 sq ft
20 Pickle Ln, Morehead, KY 40351
$484,900
3 beds2 baths2,000 sq ft
1000 Clearfork Rd, Morehead, KY 40351
$484,900
3 beds2.5 baths1,924 sq ft
970 Clearfork Rd, Morehead, KY 40351
See all

Provided by Redfin

Sale history for 250 Old Phelps Rd

Date

Event

Price

Public Records

Mar 29, 2023

Sold

$370,000

$148/sq ft

ImagineMLS #23003089

Mar 29, 2023

Pending

—

Mar 28, 2023

Sold

$370,000

$148/sq ft

Mar 17, 2023

Contingent

—

Mar 8, 2023

Price Changed

$429,900

$171/sq ft

Feb 21, 2023

Listed

$479,500

$191/sq ft

ImagineMLS #1805931

Apr 5, 2019

Sold

$228,400

$91/sq ft

Feb 4, 2019

Pending

—

Oct 26, 2018

Relisted

—

Aug 13, 2018

Pending

—

Jul 26, 2018

Price Changed

$249,000

$99/sq ft

May 15, 2018

Price Changed

$265,000

$106/sq ft

Mar 26, 2018

Listed

$285,000

$114/sq ft

+45

FIRST time on the market !!! The Great Escape!!! Off a quiet country lane near Morehead on 20 magnificent acres with great views!!! Custom Built with hemlock hand hewn logs and stone 1&1/2 story house with 3 bedrooms, 2 baths, full finished walk-out basement, family room with gas-log fireplace, New Central Heat and Air July 2018, hardwood and tile flooring and much more. this house has a natural gas furnace for the main heat source and forced air cooling system. This property is all fenced for horses and has one barn and shed. Call today for your private tour. Sold by the boundary. Also close to Cave Run Lake and I-64 on mile marker 133. DEED calls for 20 acres .. listed below appraised value.

ImagineMLS #1805960

Feb 1, 2019

Listing Removed

—

Nov 20, 2018

Price Changed

$249,000

$99/sq ft

Jul 26, 2018

Price Changed

$249,900

$100/sq ft

Mar 26, 2018

Listed

$285,000

$114/sq ft

Tax history for 250 Old Phelps 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

1.5

Lot width

—

Lot depth

—

Lot size

20.38 Acres

Year renovated

—

Sq. Ft.

1,604

Year built

—

Style

Single Family Residential

County

Rowan County

APN

019-00 00 002.00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 15, 2026.

Property details

Parking

Parking Information
Parking Features: Detached Garage, Driveway

Garage Information
Has Garage
Yes

Interior

Bathroom Information
Bathrooms (Full): 3

Heating & Cooling
Has Heating
Heating: Floor Furnace, Forced Air, Natural Gas
Cooling: Electric

Interior Features
Below Grade Finished Area: 904
Interior Features: Breakfast Bar, Eat-in Kitchen, Ceiling Fan(s)
Appliances: Dishwasher, Microwave, Refrigerator, Cooktop, Oven, Range
Flooring: Carpet, Hardwood, Tile
Window Features: Insulated Windows, Blinds
Laundry Features: Electric Dryer Hookup, Washer Hookup

Room Information
Basement: Finished, Full, Walk-Out Access
Fireplace: Yes

Exterior

Exterior Features
Other Structures: Barn(s), Shed(s), Stable(s)
Foundation Details: Concrete Perimeter, Stone
Roof: Metal
Construction Materials: Log, Stone
Fencing: Other, Wood

Lot Information
Lot Size Square Feet: 887,883
Lot Size Acres: 20.383
Water Source: Public
On Waterfront: No
Has View: Yes
View: Rural, Farm

Property Information
Structure Type: Cabin
Levels: One and One Half

Building Information
Building Area Total: 2,508

Financial

Tax Information
Parcel Number: 019-00 00 002.00

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Location

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

Location Information
County Or Parish: Rowan
Directions: I-64 West to Exit 133, Right on KY 801 N .05 miles Right on Old Phelps Road.
Subdivision Name: Rural

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,604
Stories: 1.5
Lot Size: 20.38 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Rowan County
APN: 019-00 00 002.00

Home facts updated by county records on Oct 15, 2026

Around this home

Schools

McBrayer Elementary School

Public K-5 • Assigned • 4.3mi

7/10

Rowan County Middle School

Public 6-8 • Assigned • 4.3mi

5/10

Rowan County Senior High School

Public 9-12 • Assigned • 4.2mi

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

0.46% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

3% 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

$489,000 – $592,000

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

Nearby similar homes

$305,000

3 beds2 baths1,216 sq ft

6613 E Highway 36, Olympia, KY 40358

$59,900

3 beds2 baths1,760 sq ft

213 Pendleton Branch Rd, Olympia, KY 40358

$22,500

Land— sq ft

22 Outlook Dr #22, Owingsville, KY 40360

$22,500

Land— sq ft

23 Outlook Dr #23, Owingsville, KY 40360

$275,000

3 beds2 baths2,224 sq ft

500 Hazel Tree Ln, Morehead, KY 40351

$468,000

9 beds4 baths3,588 sq ft

501 Pigeon Forge Rd, Owingsville, KY 40360

New listings for sale in 40351

$172,000

3 beds1 bath3,424 sq ft

4525 Ccc Trl, Morehead, KY 40351

$150,000

3 beds1 bath1,122 sq ft

123 Quisenberry Rd, Morehead, KY 40351

$695,000

3 beds2.5 baths2,560 sq ft

11039 Brown Ridge Rd, Morehead, KY 40351

$159,900

2 beds1 bath1,056 sq ft

9335 U.s. 60 E, Morehead, KY 40351

$145,000

3 beds2 baths1,680 sq ft

234 Grab Nickell Hl, Morehead, KY 40351

$575,000

3 beds3 baths2,890 sq ft

110 Robin Hood Dr, Morehead, KY 40351

$290,000

4 beds2.5 baths2,263 sq ft

129 Circle Dr, Morehead, KY 40351

$2,250,000

3 beds1 bath1,200 sq ft

20 Pickle Ln, Morehead, KY 40351

$484,900

3 beds2 baths2,000 sq ft

1000 Clearfork Rd, Morehead, KY 40351

Home values near 250 Old Phelps Rd

Data from public records.

Address	Redfin Estimate
3333 KY-801, Morehead, KY - Beds \| - Baths \| 7974 Sq. Ft.	—
250 Rice Rd, Morehead, KY 3 Beds \| 3 Baths \| 1780 Sq. Ft.	$301,077

Address	Redfin Estimate
350 Rice Rd, Morehead, KY 3 Beds \| 2 Baths \| 1152 Sq. Ft.	$198,399
222 Rice Rd, Morehead, KY 3 Beds \| 2 Baths \| 2056 Sq. Ft.	$348,464

Address	Redfin Estimate
205 Rice Rd, Morehead, KY 3 Beds \| 1.5 Baths \| 1268 Sq. Ft.	$708,995
340 Rice Rd, Morehead, KY 2 Beds \| 1 Baths \| 960 Sq. Ft.	$84,668

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

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Morehead	Agents near me	Georgetown, KY homes for sale	Morehead Housing Market
Houses for sale near me	Louisville, KY homes for sale	Frankfort, KY homes for sale
Land for sale near me	Lexington, KY homes for sale	Richmond, KY homes for sale
Open Houses near me	Bowling Green, KY homes for sale	Morehead Property Records
Condos for sale near me	Covington, KY homes for sale	KY New Listings

Olive Hill homes for sale
West Liberty homes for sale
Frenchburg homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 40351, KY

Sale history for 250 Old Phelps Rd

Tax history for 250 Old Phelps 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 250 Old Phelps Rd

More real estate resources