Looking for your own spot near Cave Run Lake? This approximately 0.5-acre property offers a convenient setup for storing your boat, camper, and lake gear, making it a great home base for enjoying everything the Cave Run Lake area has to offer. The property has been cleared and features a gravel surface, providing plenty of usable space with minimal upkeep. Already in place is a shipping container for secure storage, a metal carport ideal for storing a boat, and a larger metal carport currently set up for a fifth-wheel camper. The fifth-wheel camper is also included with the property, giving you an added head start on your lake getaway. Whether you're looking for a recreational property, a place to keep your boat and camper near the lake, or simply your own piece of Kentucky close to outdoor recreation, this property offers plenty of possibilities. Bring your lake gear and start enjoying Cave Run Lake!
Vacant landProperty Type
0.5 acresLot Size
$158,000Price/Acres
Listed by Christopher Riggsby• Dream Maker Realty, LLC
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Around this home
Schools
K - 12
Preschool & daycare
Clearfield Elementary School
Public K-5 • Assigned • 5.7mi
5/10
Rowan County Middle School
Public 6-8 • Assigned • 5.6mi
5/10
Rowan County Senior High School
Public 9-12 • Assigned • 5.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Market insights
150 Mercantile Rd · $79,000
DAYS ON MARKET
1 days
The average home goes pending in 60 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
LIST PRICE
$79,000
Median sale price in this area is $208,067. (163% higher than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Exterior
Exterior features
Cleared lot
Utilities
Electricity connected
Water connected
Sale and tax history for 150 Mercantile Rd
Sale History
Tax History
Date
Event
Price
ImagineMLS #26027760
Oct 7, 2026
Listed
$79,000
ImagineMLS #23012362
Feb 16, 2024
Sold
$20,000
Aug 30, 2023
Pending
—
Jul 1, 2023
Listed
$40,000
+6
Looking for a spot to park your boat just minutes from Cave Run Lake and place a tiny home on it? Here's your chance to have that dream come true with this surveyed half an acre lot with water, electric, septic and no restrictions. Currently there are two single wide trailers that were combined into one that will either need some major work done or removed. This will give you plenty of room to build a tiny home and space for your boat. Many opportunities to make this your dream getaway spot by the lake. Property sold as-is. Call today for a private showing today!
Public Records
Dec 1, 1998
Sold
$10,000
Year
Property tax
Land + Additions
Assessment*
2018
$204
$5,000 + $21,800
$26,800
Public record
Beds
3
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Finished Sq. Ft.
872
Unfinished Sq. Ft.
—
Total Sq. Ft.
872
Year built
1947
Style
Single Family Residential
County
Rowan County
APN
021-30 00 024.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
4/10 Wind Factor
5% 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)
36
21
46
28
64
41
71
50
72
54
83
64
86
69
83
63
81
59
69
49
56
41
46
32
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
Redfin Estimate for 150 Mercantile Rd
$78,648
$352 under list price of $79K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $33K to $220K.