2469 Iron Works Pike, Lexington, KY 40511

New Listing
$57,500,000
Property Type: Farm Bedrooms: 7 Baths: 6 Square Footage: 13,500 Lot Size (sq. ft.): 41,455,181 Status: Active
Current Price: $57,500,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

What an opportunity as few properties in the Bluegrass carry Castleton Farm's pedigree. Established in 1793, this storied land has been shaped by generations of Kentucky's great horsemen — from a U.S. Senator's original breeding operation to the Castleman family's 1840 Greek Revival mansion, which still stands as a landmark of the farm today. Over two centuries, Castleton bred and stood champions across three breeds — Thoroughbreds, Standardbreds, and Saddlebreds — cementing its place among the Bluegrass's most storied nurseries. Today, the farm spans 951 acres and offers an unmatched scale of infrastructure: 16 barns ranging from intimate 4-stall setups to a substantial 30-stall facility, totaling 268 stalls. Ten homes across the property — including several managers' houses — provide ample accommodation for staff, making Castleton as functional as it is historic. This is more than a horse farm; it's a self-sufficient equine operation with two centuries of pedigree behind it ...

Listing Details MLS# 26021823

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2026-08-12

Address

County
Fayette
Street Number
2469
Street Name
Iron Works
Street Suffix
Pike
State
KY
Zip Code
40511
Zip +4
9181
Parcel Number
38308430

Contract

Original List Price
57500000
Start Showing Date
2026-08-12
Listing Contract Date
2026-08-12
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
60419.47
List Price/SqFt
4259.26

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Rural

Interior

Bedrooms Total
7
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Above Grade Finished Area
13500
Living Area
13500
Living Area Units
Square Feet
Basement YN
Yes
Fireplace YN
Yes
Below Grade Finished Area
0

More Information

Parking Information

Garage YN
Yes

Building

Year Built
1840

Lot

Lot Size Source
Assessor
Lot Size Acres
951.68
Lot Size Square Feet
41455180.8
Conservation Easement YN
No
View YN
Yes

Utilities

Cooling YN
Yes
Heating YN
Yes
Cable Connected
Yes
Electricity Connected
Yes
Propane
Yes
Water Connected
Yes

Remarks

Public Remarks
What an opportunity as few properties in the Bluegrass carry Castleton Farm's pedigree. Established in 1793, this storied land has been shaped by generations of Kentucky's great horsemen — from a U.S. Senator's original breeding operation to the Castleman family's 1840 Greek Revival mansion, which still stands as a landmark of the farm today. Over two centuries, Castleton bred and stood champions across three breeds — Thoroughbreds, Standardbreds, and Saddlebreds — cementing its place among the Bluegrass's most storied nurseries. Today, the farm spans 951 acres and offers an unmatched scale of infrastructure: 16 barns ranging from intimate 4-stall setups to a substantial 30-stall facility, totaling 268 stalls. Ten homes across the property — including several managers' houses — provide ample accommodation for staff, making Castleton as functional as it is historic. This is more than a horse farm; it's a self-sufficient equine operation with two centuries of pedigree behind it, offered for the first time in 25 years to a new steward.

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Horse Barns
16
Number Of Stalls
268

Room Types

Kitchen Level
First
Living Room Level
First
Kitchen
Yes
Living Room
Yes

Tax & Legal

Tax Rate
1.0908
Zoning
AR
Directions
Newtown Pike, right on Iron Works Pike.

Cooling

Electric
Yes

Fencing

Plank
Yes
Stone
Yes

Flooring

Carpet
Yes
Hardwood
Yes
Marble
Yes
Tile
Yes
Other
Yes

Heating

Forced Air
Yes

Horse Amenities

Barn
Yes
Boarding Facilities
Yes
Hay Storage
Yes
Horse Walker
Yes
Paddocks
Yes
Pasture
Yes
Round Pen
Yes
Stable(s)
Yes
Tack Room
Yes
Trailer Storage
Yes

Interior Features

Entrance Foyer
Yes
Other
Yes

Levels

Two
Yes

Lot Features

Level
Yes

Other Structures

Barn(s)
Yes
Stable(s)
Yes

Private Pool Features

In Ground
Yes

Security Features

Security System Owned
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Farm
Yes

Water Source

Public
Yes

Current Use

Agricultural
Yes
Cattle
Yes
Horses
Yes
Pasture
Yes
Residential
Yes

Possible Use

Agricultural
Yes
Horses
Yes

Farm Improvements

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

Housing

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

Possession Farm Land

Close Of Escrow
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Listing Agent Must Accompany
Yes
Showing Service
Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Propane; Water Connected; Cable Connected; Electricity Connected; Propane; Water Connected Cooling: Electric Current Use: Agricultural; Cattle; Horses; Pasture; Residential Farm Improvements: Auto Walkers; Auto Waterers; Equipment Building(s); Office; Run-In Shed(s) Fencing: Plank; Stone Flooring: Carpet; Hardwood; Marble; Tile; Other Heating: Forced Air Horse Amenities: Barn; Boarding Facilities; Hay Storage; Horse Walker; Paddocks; Pasture; Round Pen; Stable(s); Tack Room; Trailer Storage Housing: Guest; Main; Manager(s); Tenant(s); Other Interior Features: Entrance Foyer; Other Levels: Two Lot Features: Level Other Structures: Barn(s); Stable(s) Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Agricultural; Horses Private Pool Features: In Ground Security Features: Security System Owned Sewer: Septic Tank Structure Type: House View: Farm Water Source: Public Showing Requirements: Listing Agent Must Accompany; Showing Service Room Types: Kitchen; Living Room

Room Information

Room Name Level
Kitchen First
Living Room First
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: August - 12 - 2026
Information deemed reliable but not guaranteed.