2400-2450 Paris Pike, Lexington, KY 40511

$4,376,433
Property Type: Farm Lot Size (sq. ft.): 1,393,920 Status: Closed
Current Price: $4,376,433 List Date: 8/11/2023 Last Modified: 9/04/2025

Overview

Description

ABSOLUTE AUCTION! 32+ ACRES TO BE OFFERED IN 2 TRACTS. Tract 1 2400 Paris Pike, 16.110 acres Tract 2 2450 Paris Pike, 16.611 acres Auction Date September 8th 2023 at 1:00pm Live and Online Bidding available. A Grand Opportunity to purchase a once grand estate on Paris Pike in Lexington, KY. The property is now zoned R-1B and is available for development or redeveloped for private estate use. While the residences are in derelict condition, the barns are in very good usable condition. Other terms: 10 percent down payment at conclusion of the auction, 7% Buyer Premium will be added to the final bid price to determine the final purchase. This is a NON-CONTINGENT AUCTION, all due diligence, including financing must be completed before bidding and the Buyer must sign a waiver of Lead Based Paint addendum. ALL POTENTIAL BIDDERS MUST BE APPROVED BY THE AUCTIONEER. Additional information and terms attached with other documents or by visiting BiedermanRealestate.com.

Listing Details MLS# 23015415

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2023-10-09
Purchase Contract Date
2023-09-08
Close Date
2023-10-09
Close Price
4376433
Buyer Financing
Cash
Sale Type
Auction Sale
Concessions Comments
no

Address

County
Fayette
Street Number
2400-2450
Street Name
Paris
Street Suffix
Pike
State
KY
Zip Code
40511
Parcel Number
10256425 20256450

Contract

Original List Price
1500000
Start Showing Date
2023-08-11
Listing Contract Date
2023-08-11
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
46875
Sold Price/Acre
136763.53
SP/LP
2.92

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Rural

Lot

Lot Size Source
Public Records
Lot Size Acres
32
Lot Size Square Feet
1393920
Lot Size Dimensions
32 acres
Conservation Easement YN
No
View YN
Yes

More Information

Remarks

Public Remarks
ABSOLUTE AUCTION! 32+ ACRES TO BE OFFERED IN 2 TRACTS. Tract 1 2400 Paris Pike, 16.110 acres Tract 2 2450 Paris Pike, 16.611 acres Auction Date September 8th 2023 at 1:00pm Live and Online Bidding available. A Grand Opportunity to purchase a once grand estate on Paris Pike in Lexington, KY. The property is now zoned R-1B and is available for development or redeveloped for private estate use. While the residences are in derelict condition, the barns are in very good usable condition. Other terms: 10 percent down payment at conclusion of the auction, 7% Buyer Premium will be added to the final bid price to determine the final purchase. This is a NON-CONTINGENT AUCTION, all due diligence, including financing must be completed before bidding and the Buyer must sign a waiver of Lead Based Paint addendum. ALL POTENTIAL BIDDERS MUST BE APPROVED BY THE AUCTIONEER. Additional information and terms attached with other documents or by visiting BiedermanRealestate.com.

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Horse Barns
3
Number Of Stalls
1900

Showing Information

Showing Instructions
By appointment or Open inspection times of August 30 and September 6th, 2-5pm

Tax & Legal

Tax Rate
1.2846
Zoning
R-1B
Directions
North on Paris Pike One-Half mile from I-64, property on the right.

Interior

Living Area
0
Above Grade Finished Area
0

Utilities

Phone Available
Yes

View

Other
Yes

Current Use

Other
Yes

Possession Farm Land

Close Of Escrow
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes

Documents

Aerial Photo
Yes
Survey
Yes

Property Features

Utilities: Phone Available; Phone Available Current Use: Other Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow View: Other Showing Requirements: Call Listing Agent; Call Listing Office Documents: Aerial Photo; Survey
Listing Office: Biederman Real Estate
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.
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