$3,500,000 Price Analysis    ♡   Lexington, KY 40511 4 bed 3 bath 3,120 SqFt ($1121/SqFt) 225.0 acre lot. Built 1850 Listed 2023-09-01, Taxes $2,770 | Ⓧ USDA Ineligible due to price & location near Paynes Depot |
Available for the first time in over 5 generations
Here is your opportunity to own 225 acres of prime Fayette County farm land less than 10 miles from both the Kentucky Horse Park and Keeneland! The property neighbors the UK Golf Course. This PDR-protected farm boasts flat to rolling acreage with 2 homes already on it and the possibility to add an additional 4 homes. A historic home dating to 1850 with approximately 3120 finished square feet, an attached garage and in-grund swimming pool, all overlooking a picturesque 5-acre lake.
The second home is a brick ranch that boasts a 2289 ft finished main level and unfinished 2289 sq ft basement. There are 2 additional shops/detached garages. There are five barns (3 tobacco barns) in need of repair, one silo, one grain bin and one hoop barn for hay storage. All acreage is fenced. There is also a stone cottage dating to the early 1800s that could possibly be restored. Blacktop drives to both homes, new water lines from road recently installed, new roofs on both homes. Proximity to all of the equine events would make this a prime layover location and could support many residential and/or business endeavors.
Presented by Josh Webb at
Real Broker, LLC.
Property MLS #23016979 from BLUEGRASS
Full Bathrooms: 2
1/2 Bathrooms: 1
Bedroom First Floor
Entrance Foyer
Flooring: Hardwood
Refrigerator
Dishwasher
Laundry Features: Washer Hookup, Electric Dryer Hookup
Heating Features: Propane Tank Leased
Heating: Yes
Water Heaters: Propane Tank Leased
Private Road
Patio
Other Structures: Guest House, Barn(s)
Patio And Porch Features: Porch
Porch Description: Porch
Lot Size Square Feet: 9801000
Parking Features: Driveway, Off Street
High School: Bryan Station
Middle School: Leestown
School District: Fayette County - 1
Map directions Map directions Map directions Map directionsCounty: Fayette
Directions: From New Circle take Leestown Rd northwest approximately 6 miles, just past the University of Kentucky Golf Course on the left.
Disclaimer: The listing brokers offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of the MLSs in the ImagineMLS/MSI/ NKMLS datashare.
Source Property Type: Residential
Area: 004 - Fayette County SW
Source Neighborhood: Rural
Parcel Number: 26600350; 26600200; 26597300
Subdivision: Rural
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2015 | $unknown + $unknown $2,585,800 | $2,770 |
| 2014 | $unknown + $unknown $2,585,800 | $2,714 |
| 2013 | $unknown + $unknown $2,585,800 | $2,652 |
$3,500,000
BLUEGRASS
Listed 2023-09-01
$3,500,000
BLUEGRASS
Listing removed 2023-07-02
$0
BLUEGRASS
Price Changed 2023-01-16
$3,500,000
BLUEGRASS
Listed 2022-09-02
$4,000,000
BLUEGRASS
Year Built: 1850
Above Grade Finished Area: 2262
BelowGradeFinishedArea: 858
Building Area Total: 3120
Building Exterior Type: Solid Masonry
Construction Materials: Solid Masonry
Foundation Details: Stone3
Levels: Two
Property Age: 174
Levels or Stories: Two
Structure Type: House
House Style: Colonial, Ranch
Total Area Sqft: 3120
Year Built Details: House
Architectural Style: Colonial, Ranch
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.