Waterfront
Address
5505-5567 Versailles Road Lexington, KY
Price
$ 4,450,000
Property Attributes
- MLS#1909434
- TypeLand
- CountyFAYETTE
- CityLexington
- AreaFayette County SW 4
- Zip40510
- Style2 Story
- Taxes49132
- Price$ 4,450,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Lot Size254.35 Acres
Listing Provided Courtesy Of:
Kirkpatrick & Company
Property Description
This remarkably well-located farm has not been publicly offered for generations. Measuring an appx. 254.35 acres, the property lies along US60/Versailles-Lexington Road, a major corridor for local and regional traffic, and nearly adjoins the established Westmorland neighborhood. The world-renowned Keeneland Race Course and Blue Grass Airport are just over two miles to the east, as is the desirable Beaumont neighborhood and adjacent amenities. The Bluegrass Parkway, a Kentucky state highway, is just over one mile west. Farm features include a charming main residence (4BR/3.5BA) behind mature sycamore trees, and a 3BR brick guest home that offers additional square footage for farm use or rental income. Considering the farm's location, size, and proximity to major thoroughfares and amenities, there may be an opportunity for future development potential.
| Elementary School | Middle School | High School |
|---|---|---|
| Meadowthorpe Elementary School | Leestown Middle School | Dunbar High School |
| Price History | |
|---|---|
| 5/7/2019 | Listed $5,750,000 |
| 11/7/2019 | 14% - $4,998,000 |
| 4/1/2020 | 11% - $4,450,000 |
General Features
| Architectural Style | 2 Story |
|---|---|
| Best Use | Other |
| Board Loaded | No |
| High School District | Fayette County |
| Housing | Main, Guest |
| MLS Area | Fayette County SW 4 |
| Main Res. Features | Dining Room, Family Room, Den, Fireplace, Hardwood Floors, Older Home |
| Possession | Negotiable |
| Present Use | Cattle |
| Property SubType | Farm |
| Property Type | Land |
| Region | Areas |
| Sewer | Septic System |
| Sub Lease Expiration Date | 1800-01-01T00:00:00 |
| Subdivision Name | Rural |
| Tax Rate | 1.1041 |
| Topography | Gently Rolling, Waterfront |
| Virtual Tour | https://www.youtube.com/watch?v=7-Brj4A1S7A&feature=youtu.be |
Interior Features
| Bedrooms - 2nd | 3 |
|---|---|
| Den - 1st | 1 |
| Dining Room - 1st | 1 |
| Family Room - 1st | 1 |
| Foyer - 1st | 1 |
| Full Bath - 2nd | 3 |
| Full Baths | 3 |
| Half Bath - 1st | 1 |
| Half Baths | 1 |
| Kitchen - 1st | 1 |
| Living Room - 1st | 1 |
| Master Bed. - 2nd | 1 |
| Total Bedrooms | 4 |
| Total Living Area | 6232 |
| Utility Room - 1st | 1 |
Exterior Features
| Bathrooms | 4.00 |
|---|---|
| Farm Improvements | Tobacco Barn(s) |
| Fence | Plank |
| Lot Dimensions | 254.35 +/- acres |
| Lot Size Acres | 254.35 |
| Lot Size Square Feet | 11079486.00 |
| Lot Size Units | Acres |
| Possession Of Aux. | Negotiable |
| Potential Use | May have future development potential |
| Tobacco Barns | 4 |
| Water Source | City |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 40510
Price
Taxes
Visits
Data last updated: January 22, 2021 8:23 AM UTC and updating occurs daily
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