1033 Iron Works Pike, Lexington, KY 40511 (MLS# 24009010)

1033 Iron Works Pike, Lexington, KY 40511

$5,200,000

Property Type: Farm Bedrooms: 3 Baths: 3 Square Footage: 3,585 Lot Size (sq. ft.): 2,246,389 Status: Closed

Current Price: $5,200,000 List Date: 10/02/2024 Last Modified: 9/04/2025

Overview

Description

This well located, turn key horse farm checks all the boxes. Custom built main residence (with mature landscaping), heated pool, manager's house, groom's quarters, guest home (former Spendthrift foaling barn), 8-stall barn, 130' x 230' outdoor ring, workshop, 2 equipment buildings, 2 run-in sheds- just minutes from the Kentucky Horse Park, downtown Lexington, and Fasig Tipton with frontage on Iron Works and Kenny Lane. Exceptionally maintained.

Listing Details MLS# 24009010

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2024-07-25T18:22:51Z
Status Change Timestamp: 2024-11-08
Purchase Contract Date: 2024-10-28
Close Date: 2024-11-08
Close Price: 5200000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 1033
Street Name: Iron Works
Street Suffix: Pike
State: KY
Zip Code: 40511
Parcel Number: 20142280

Contract

Original List Price: 6250000
Start Showing Date: 2024-05-07
Listing Contract Date: 2024-05-07
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 115377.16
List Price/SqFt: 1659.69
Sold Price/Acre: 100833.82
Sold Price/SqFt: 1450.49
SP/LP: 0.87

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Rural

Interior

Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 3585
Living Area: 3585
Fireplace YN: Yes

More Information

Parking Information

Garage YN: Yes

Building

Year Built: 2006

Lot

Lot Size Source: Public Records
Lot Size Acres: 51.57
Lot Size Square Feet: 2246389
Lot Size Dimensions: 51.5 acres
Conservation Easement YN: Yes
View YN: Yes

Utilities

Heating YN: Yes
Phone Available: Yes

Remarks

Public Remarks: This well located, turn key horse farm checks all the boxes. Custom built main residence (with mature landscaping), heated pool, manager's house, groom's quarters, guest home (former Spendthrift foaling barn), 8-stall barn, 130' x 230' outdoor ring, workshop, 2 equipment buildings, 2 run-in sheds- just minutes from the Kentucky Horse Park, downtown Lexington, and Fasig Tipton with frontage on Iron Works and Kenny Lane. Exceptionally maintained.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Stalls: 8

Showing Information

Showing Instructions: Listing agent/ Listing office accompany. Call office to schedule. Proof of funds / per-approval letter required prior to showing.

Tax & Legal

Tax Rate: 1.1166
Zoning: AR
Directions: Corner of Iron Works Pike and Kenny Lane.

Architectural Style

Ranch: Yes

Cooling

Central Air: Yes

Fencing

Plank: Yes

Flooring

Hardwood: Yes

Heating

Electric: Yes
Heat Pump: Yes

Horse Amenities

Barn: Yes
Hay Storage: Yes

Levels

One: Yes

Lot Features

Gentle Sloping: Yes

Other Structures

Workshop: Yes

Private Pool Features

In Ground: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Farm: Yes
Rural: Yes
Trees/Woods: Yes

Water Source

Public: Yes

Current Use

Horses: Yes

Disclosures

Inground Tank(s): Yes
Other: Yes

Possible Use

Horses: Yes
Residential: Yes

Farm Improvements

Auto Waterers: Yes
Equipment Building(s): Yes
Office: Yes
Outdoor Ring: Yes
Run-In Shed(s): Yes
Silo(s): Yes

Housing

Guest: Yes
Main: Yes
Manager(s): Yes
Tenant(s): Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Negotiable: Yes

Possession Main House

Negotiable: Yes

Showing Requirements

Call Listing Agent: Yes
Call Listing Office: Yes
Listing Agent Must Accompany: Yes
No Sign: Yes

Documents

Aerial Photo: Yes
Sellers Disclosure Of Property Condition: Yes
Other: Yes

Property Features

Utilities: Phone Available; Phone Available Architectural Style: Ranch Cooling: Central Air Current Use: Horses Disclosures: Inground Tank(s); Other Farm Improvements: Auto Waterers; Equipment Building(s); Office; Outdoor Ring; Run-In Shed(s); Silo(s) Fencing: Plank Flooring: Hardwood Heating: Electric; Heat Pump Horse Amenities: Barn; Hay Storage Housing: Guest; Main; Manager(s); Tenant(s) Levels: One Lot Features: Gentle Sloping Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Horses; Residential Private Pool Features: In Ground Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; No Sign Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Room Information

Room Name
Great Room

Listing Office: Justice Real Estate

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.