Description
Positioned for both immediate income and long-term growth, Shady Pines Inn (name doesn't convey) offers a rare opportunity to own a fully furnished, turnkey short-term rental situated on 18.742 surveyed acres in a prime commercial corridor between Interstate 64 and Cave Run Lake, just 0.7 mile from Exit 133, providing exceptional accessibility while maintaining a private, wooded setting that guests consistently seek. Currently operating as a successful vacation rental is ready for continued Airbnb or short-term rental use, featuring 3 bedrooms and 1.5 baths, a living area with ample seating and a huge kitchen designed for guest convenience. A walkout basement could be finished into another STR or expand the current one with a fireplace already plumbed for propane offering additional potential living or recreational space should you choose to utilize it. Outdoor amenities enhance the guest experience and drive repeat bookings, including a spacious deck overlooking the woods, a private pond with catch-and-release fishing, a fire pit, and a walking trail winding through the property, all just minutes from Morehead and Cave Run Lake. So much opportunity for expansion or development in an extremely high traffic corridor. With its strategic location, established rental appeal and significant acreage in a high-visibility area, this property presents a unique blend of lifestyle investment and commercial opportunity. Pre-approval letter or proof of funds must be provided to the listing agent prior to confirming any showing appointment and as this property is an active short-term rental, showing availability may be limited and occasional scheduling delays should be expected, so please allow flexibility when coordinating showings.
Details
| MLS # | 26008811 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 161 |
| Listing Provided By | HomeLand Real Estate Inc | Shannon V Malone |
Features
| Zoning | Other |
|---|---|
| Acreage | 18.74 |
Exterior
| Lot Features | Wooded, Gentle Sloping, Irregular Lot |
|---|
Area Information
| State | KY |
|---|---|
| County | Rowan |
| City | Morehead |
| Zip Code | 40351 |
| Area | 061 Rowan County |
| Subarea | Rowan County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $1,300,000 low | high Med: $299,900 On site: 161 low | high Med: 86 | |
Market Activity 40351
Request a showing
Request a showing
Contact
Learn More About This Property
| State | KY |
|---|---|
| County | Rowan |
| City | Morehead |
| Zip Code | 40351 |
| Area | 061 Rowan County |
| Subarea | Rowan County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $1,300,000 low | high Med: $299,900 On site: 161 low | high Med: 86 | |
 |  |  |
© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
