4751 Newtown Pike, Lexington, KY 40511

$1,172,000
4
BD
3
BA
2,824
SqFt
Sold Price
$1,172,000
List Price
$1,075,000
Closing Date
Sep 22, 2020
MLS#
20000866
Status
CLOSED
Type
Land
Subtype
Farm
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,824

Property Description

A gorgeous 81 acre farm with prime soils located less than 5 miles from the KY Horse Park. This fabulous land has no conservation easement over it and is well worth the asking price for the land alone, not including the structures. The PDR rights are worth roughly $2,500 per acre. The land is gently rolling to level in places and is mostly cleared except for trees around the houses and the perimeter of the property. Located on one of the best streets in Lexington for raising a horse. The farm has a 2800 sq. ft. house with hardwoods throughout the first floor, a tenant house, and an antique tobacco barn with original wood pegs. Having a 2nd house on 57 acres in Fayette County is no longer allowed but is grand-fathered in here! This house has new windows, doors, and cement siding. Additional land is available or may be purchased with less land.

Additional Information

Elementary School
Russell Cave
Middle School
Winburn
High School
Bryan Station

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Listing courtesy of Turf Town Properties. Selling Office: Bluegrass Sotheby's International Realty.