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
AVG $2.61M
$4.45M
Taxes
AVG $28,705
$49,132
Visits
AVG 126
352

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