2200 Spencer Road, Mt Sterling, KY 40353

$1,125,000
Property Type: Land Lot Size (sq. ft.): 7,448,760 Status: Closed
Current Price: $1,125,000 List Date: 5/12/2023 Last Modified: 9/03/2025

Overview

Description

Property sits atop one of the highest points in Montgomery Co., with exceptional vistas. A prospective buyer could build virtually anything on the land. Approximately 1/4 mile off of the By-Pass, 5 minutes from downtown Mt. Sterling, schools nearby and borders approx. 1/2 mile with the Mt. Sterling Country Club Golf Course. This is a magnificent piece of property to keep as exceptional farm land or as development land. Great investment opportunity!!

Listing Details MLS# 22005321

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2023-02-27T17:56:48Z
Status Change Timestamp
2023-07-19
Purchase Contract Date
2023-06-06
Close Date
2023-07-18
Close Price
1125000
Buyer Financing
Cash
Sale Type
Arms Length Sale

Address

County
Montgomery
Street Number
2200
Street Name
Spencer
Street Suffix
Road
State
KY
Zip Code
40353
Directions
(I-64) east turn right on (460) then right on bypass (686). Go approx 4.2 miles, then right on Spencer Road (713) for 4/10th of a mile to farm on right.
Parcel Number
032-00-00-010.00

Contract

Original List Price
1400000
Start Showing Date
2022-03-23
Listing Contract Date
2022-03-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
8771.93
List Price/SqFt
0.2
Sold Price/Acre
6578.95
Sold Price/SqFt
0.15
SP/LP
0.75

Tax Legal

MLS Area Major
018 - Montgomery County
Subdivision Name
Rural

Lot

Lot Size Acres
171
Lot Size Square Feet
7448760
Elevation Units
Feet
Elevation
0

More Information

Remarks

Public Remarks
Property sits atop one of the highest points in Montgomery Co., with exceptional vistas. A prospective buyer could build virtually anything on the land. Approximately 1/4 mile off of the By-Pass, 5 minutes from downtown Mt. Sterling, schools nearby and borders approx. 1/2 mile with the Mt. Sterling Country Club Golf Course. This is a magnificent piece of property to keep as exceptional farm land or as development land. Great investment opportunity!!

Showing Information

Showing Instructions
Please call Melinda Reed to Show 859-321-1157. Appointment required. 24 hrs notice.

Tax & Legal

Zoning Description
No Zoning as per PVA
Listing Office: Berkshire Hathaway de Movellan Properties
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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