$975,000
Lexington, KY 40511
MLS# 24021998
Status: Closed
2 beds | 2 baths | 960 sqft
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Property Description
Located just 3.2 miles form Iron Works and only 5 miles to the entrance of the Kentucky Horse Park, this 15.8 acre horse farm is suitable for any discipline. The show horse world will truly appreciate its quality improvements and great location in the immediate area of Kessler Show Stables, Six Winters, and the newly developed Lagado Farm at Mt. Horeb. It would also be an excellent sales prep facility with its 26- stall horse barn with jog around and six horse Swedish Walker. Housing includes an office/groom's quarters with full bath in the barn; and currently under construction- a two bedroom, two bathroom Morton Building.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Farm
Status Change Information
Status Change Timestamp: 2024-12-06
Purchase Contract Date: 2024-11-09
Close Date: 2024-12-06
Close Price: 975000
Buyer Financing: Other
Sale Type: Arms Length Sale
Address
County: Fayette
Street Number: 3435
Street Name: Pegasus
Street Suffix: Lane
State: KY
Zip Code: 40511
Parcel Number: 19986760
Contract
Current Price: $975,000
Original List Price: 995000
Sold Price: $975,000
Status: Closed
Start Showing Date: 2024-10-18
Listing Contract Date: 2024-10-18
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 62855.34
List Price/SqFt: 1036.46
Sold Price/Acre: 61591.91
Sold Price/SqFt: 1015.63
SP/LP: 0.98
Interior
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 960
Living Area: 960
Lot
Lot Size Source: Assessor
Lot Size Acres: 15.83
Lot Size Square Feet: 689555
Lot Size Dimensions: 15.83 acres
Conservation Easement YN: No
View YN: Yes
Remarks
Public Remarks: Located just 3.2 miles form Iron Works and only 5 miles to the entrance of the Kentucky Horse Park, this 15.8 acre horse farm is suitable for any discipline. The show horse world will truly appreciate its quality improvements and great location in the immediate area of Kessler Show Stables, Six Winters, and the newly developed Lagado Farm at Mt. Horeb. It would also be an excellent sales prep facility with its 26- stall horse barn with jog around and six horse Swedish Walker. Housing includes an office/groom's quarters with full bath in the barn; and currently under construction- a two bedroom, two bathroom Morton Building.
Land Details
Farm With House YN: Yes
Other Structures Info
Number Of Horse Barns: 1
Number Of Stalls: 26
Showing Information
Showing Instructions: Do not drive onto farm without an appointment - no exceptions - speak with listing agent before showing and please have downloaded the aerial before speaking with listing agent.
Tax Legal
MLS Area Major: 001 - Fayette County NW
Subdivision Name: Rural
Building
Year Built: 2024
Property Features
Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected
Architectural Style: Ranch
Current Use: Horses
Farm Improvements: Auto Walkers; Office
Fencing: Plank; V-Mesh
Horse Amenities: Barn; Hay Storage
Housing: Manager(s); Other
Levels: One
Lot Features: Gentle Sloping
Possession Farm Land: Negotiable
Possession Main House: Negotiable
Possible Use: Horses
Sewer: Septic Tank
View: Farm
Water Source: Public
Showing Requirements: Call Listing Agent; Call Listing Office; No Sign
Documents: Aerial Photo; Other
Listing Office: Justice Real Estate
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.