Lexington, Ky. – Christie’s International Real Estate Bluegrass is proud to announce a historic milestone in the Rowan County real estate market with the successful sale of a premier property in Morehead, Ky. The property, 1600 Ditney Ridge Road, closed today at $1.625 million, marking the highest residential sale in Rowan County’s history.
The property features a 4,600 square-foot luxury log cabin situated on 346 rolling acres. This masterpiece offers grand views, custom wooden floors, two full kitchens, solar power, reliable internet, and much more. Its location enhances its appeal, ideally positioned 25 minutes from downtown Morehead and 90 minutes from Lexington, Red River Gorge Recreational Area, and Ashland. With no zoning restrictions, the property provides an extraordinary opportunity for additional improvements.
This transaction reflects the rising demand for privacy, personal freedom, and rural living. Many Americans are looking to new markets, such as Kentucky, to satisfy these needs. Stephen J B Davis, land specialist and residential Realtor®, represented the sellers in this historic deal.
“The secret is out: Kentucky is great. Kentucky offers diverse topographies and more miles of navigable waters than any other state except Alaska,” said Davis. “This allows for a wide range of hunting opportunities, world-class equine operations, some of the best beef cattle and hay production in the United States, and, of course, the world’s best bourbons. And as working remotely becomes a growing standard in America’s economy, people are coming from all over the U.S. — Utah, Texas, Washington, Ohio, to name a few – and are finding a piece of that greatness for themselves.”
The success of this transaction reflects the strength and ongoing opportunities within the Central Kentucky real estate market, particularly in emerging recreational locations like Morehead, Somerset, and Natural Bridge and Red River Gorge. Such properties are well-positioned for long-term value appreciation.
“The land and farm market demonstrated strong activity in 2024 with 104 luxury properties totaling $250 million in sales across our three largest markets: Central Kentucky, Greater Louisville, and Northern Kentucky,” said Rusty Underwood, Christie’s International Real Estate Bluegrass Owner/CEO. “These trends and market conditions underscore the resilience and dynamism of Kentucky’s luxury sector, which we anticipate will continue to outpace other market segments in annual appreciation.”
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About Christie’s International Real Estate Bluegrass
We believe that luxury describes an experience. With Central Kentucky’s best REALTORS® and a powerful global platform that offers world-class marketing, industry-leading technology, and international reach, the firm is focused on providing the highest level of service and professionalism to clients at every price point. For more information, please visit cirebg.com.
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