2399 Long Valley Lane, Lexington, KY 40511

$875,000

20240531-2399-Long-Valley-Ln-drone-tem-0

Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 1,960 Lot Size (sq. ft.): 683,892 Status: Closed

Current Price: $875,000 List Date: 6/03/2024 Last Modified: 9/04/2025

Overview

Description

This former portion of Spendthrift Farm sports super land with maury silt soil, a 20 stall barn with 14' x12' (mostly), wash stall (redone), storage area (size of 2 stalls), feed room, new 200 amp electric service, 2 tack rooms with mini-splits for HVAC and 1 room has a full bathroom. The 15.7 acre farm also has a covered European style walker, multiple paddocks, a few outbuildings, automatic waterers, and new water lines. The land is level and easy to add a ring. There is also a 1,960 square foot house with 3 bedrooms and 2 full bathrooms with updated kitchen, bathrooms, plumbing and septic. The farm is located on a quiet street just off of Russell Cave Road and is less than 10 minutes to the Kentucky Horse Park or New Circle Road.

Listing Details MLS# 24011250

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2024-09-27
Purchase Contract Date: 2024-08-13
Close Date: 2024-09-27
Close Price: 875000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: None

Address

County: Fayette
Street Number: 2399
Street Name: Long Valley
Street Suffix: Lane
State: KY
Zip Code: 40511
Parcel Number: 20051110

Contract

Original List Price: 980000
Start Showing Date: 2024-06-03
Listing Contract Date: 2024-06-03
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 62420.38
List Price/SqFt: 500
Sold Price/Acre: 55732.48
Sold Price/SqFt: 446.43
SP/LP: 0.89

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Rural
High School District: Fayette County - 1

Interior

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1960
Living Area: 1960
Fireplace YN: Yes
Bathrooms Half: 0

More Information

Building

Year Built: 1960

Lot

Lot Size Source: Public Records
Lot Size Acres: 15.7
Lot Size Square Feet: 683892
Lot Size Dimensions: 15.7 acres
Conservation Easement YN: No
View YN: Yes

Utilities

Heating YN: Yes
Electricity Connected: Yes
Propane: Yes
Water Connected: Yes

Remarks

Public Remarks: This former portion of Spendthrift Farm sports super land with maury silt soil, a 20 stall barn with 14' x12' (mostly), wash stall (redone), storage area (size of 2 stalls), feed room, new 200 amp electric service, 2 tack rooms with mini-splits for HVAC and 1 room has a full bathroom. The 15.7 acre farm also has a covered European style walker, multiple paddocks, a few outbuildings, automatic waterers, and new water lines. The land is level and easy to add a ring. There is also a 1,960 square foot house with 3 bedrooms and 2 full bathrooms with updated kitchen, bathrooms, plumbing and septic. The farm is located on a quiet street just off of Russell Cave Road and is less than 10 minutes to the Kentucky Horse Park or New Circle Road.

Land Details

Farm With House YN: Yes
Number Of Fields: 2

Other Structures Info

Number Of Horse Barns: Yes
Number Of Paddocks: 6
Number Of Stalls: 20

Showing Information

Showing Instructions: Call listing agent

Tax & Legal

Elementary School: Russell Cave
Middle Or Junior School: Winburn
High School: Bryan Station
Tax Rate: 1.0893
Zoning: AR
Directions: Russell Cave Road outbound approximately 5 miles North of Iron Works Pike turn right onto Long Valley Lane. The farm is on the left. No sign.

Architectural Style

Ranch: Yes

Cooling

Central Air: Yes

Fencing

Plank: Yes
V-Mesh: Yes

Flooring

Hardwood: Yes

Heating

Heat Pump: Yes

Horse Amenities

Barn: Yes
Hay Storage: Yes

Levels

One: Yes

Lot Features

Cleared: Yes
Gentle Sloping: Yes
Level: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Farm: Yes
Rural: Yes

Water Source

Public: Yes

Current Use

Horses: Yes

Possible Use

Horses: Yes
Pasture: Yes
Residential: Yes

Farm Improvements

Auto Walkers: Yes
Auto Waterers: Yes
Equipment Building(s): Yes
Office: Yes
Run-In Shed(s): Yes

Housing

Manager(s): Yes

Possession Auxiliary Dwelling

Close Plus 30 Days: Yes

Possession Farm Land

Close Plus 30 Days: Yes

Possession Main House

Close Plus 30 Days: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Room Types

Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 1: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Kitchen: Yes
Living Room: Yes

Documents

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

Property Features

Utilities: Electricity Connected; Propane; Water Connected; Electricity Connected; Propane; Water Connected Architectural Style: Ranch Cooling: Central Air Current Use: Horses Farm Improvements: Auto Walkers; Auto Waterers; Equipment Building(s); Office; Run-In Shed(s) Fencing: Plank; V-Mesh Flooring: Hardwood Heating: Heat Pump Horse Amenities: Barn; Hay Storage Housing: Manager(s) Levels: One Lot Features: Cleared; Gentle Sloping; Level Possession Auxiliary Dwelling: Close Plus 30 Days Possession Farm Land: Close Plus 30 Days Possession Main House: Close Plus 30 Days Possible Use: Horses; Pasture; Residential Sewer: Septic Tank Structure Type: House View: Farm; Rural Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bedroom 3; Kitchen; Living Room Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Room Information

Room Name	Remarks
Den
Great Room
Living Room
Kitchen
Bedroom 1
Bathroom 1	Full Bath
Bedroom 2
Bathroom 2	Full Bath
Bedroom 3

Listing Office: Turf Town Properties

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.