$4,450,000 5505-5567 Versailles Road Lexington, KY

MLS: 1909434   Type: Land   County: Fayette   City: Lexington   Area: Fayette County Sw 4   Zip: 40510   Style: 2 Story     Stories: 2   Taxes: $49,132

Mortgage $20,892 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

4

3

1

0

254.35

0

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
Distance: 6.67 Miles
Leestown
Distance: 6.27 Miles
Dunbar
Distance: 4.05 Miles

Price History

5/7/2019 Listed $5,750,000
11/7/2019 14% - $4,998,000
4/1/2020 11% - $4,450,000

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
Year Built 0

Interior Features

1/4 Baths 0
3/4 Baths 0
Bedrooms - 1st 0
Bedrooms - 2nd 3
Bedrooms - 3rd 0
Bedrooms - Lower 0
Bonus Room - 1st 0
Bonus Room - 2nd 0
Bonus Room - 3rd 0
Bonus Room - Lower 0
Den - 1st 1
Den - 2nd 0
Den - 3rd 0
Den - Lower 0
Dining Room - 1st 1
Dining Room - 2nd 0
Dining Room - 3rd 0
Dining Room - Lower 0
Family Room - 1st 1
Family Room - 2nd 0
Family Room - 3rd 0
Family Room - Lower 0
Foyer - 1st 1
Foyer - 2nd 0
Foyer - 3rd 0
Foyer - Lower 0
Full Bath - 1st 0
Full Bath - 2nd 3
Full Bath - 3rd 0
Full Bath - Lower 0
Full Baths 3
Great Room - 1st 0
Great Room - 2nd 0
Great Room - 3rd 0
Great Room - Lower 0
Half Bath - 1st 1
Half Bath - 2nd 0
Half Bath - 3rd 0
Half Bath - Lower 0
Half Baths 1
Home Office - 1st 0
Home Office - 2nd 0
Home Office - 3rd 0
Home Office - Lower 0
Kitchen - 1st 1
Kitchen - 2nd 0
Kitchen - 3rd 0
Kitchen - Lower 0
Living Room - 1st 1
Living Room - 2nd 0
Living Room - 3rd 0
Living Room - Lower 0
Master Bed. - 1st 0
Master Bed. - 2nd 1
Master Bed. - 3rd 0
Master Bed. - Lower 0
Rec. Room - 1st 0
Rec. Room - 2nd 0
Rec. Room - 3rd 0
Rec. Room - Lower 0
Total Bedrooms 4
Total Living Area 6232
Utility Room - 1st 1
Utility Room - 2nd 0
Utility Room - 3rd 0
Utility Room - Lower 0

Exterior Features

Bents 0
Farm Improvements Tobacco Barn(s)
Fence Plank
Fields 0
Horse Barns 0
Lot Dimensions 254.35 +/- acres
Lot Size Acres 254.35
Lot Size Square Feet 11079486.00
Lot Size Units Acres
Paddocks 0
Possession Of Aux. Negotiable
Potential Use May have future development potential
Road Front Footage 0
Stalls 0
Tobacco Barns 4
Water Source City

Property Schools



Direct Link:

https://www.kerrteamky.com/property/88-1909434-5505-5567-Versailles-Road-Lexington-KY-40510

Gallery (20 photos)

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Property vs Zip Code Avg (40510)

Price 4.45M Avg 2.60M

Taxes $49,132 Avg $28,705

Acres 254.35 Avg 97.56

Visits 428 Avg 184

Days on Site 716 Avg 320

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Listing Provided Courtesy Of: Kirkpatrick & Company




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Location & Address

Keller Williams Greater Lexington
2700 Old Rosebud #250
Lexington, KY
859-687-6536
859-422-3611