2470 Russell Cave Road, Lexington, KY 40511

$850,000

Property Type: Farm Bedrooms: 4 Baths: 3 Square Footage: 3,600 Lot Size (sq. ft.): 3,702,603 Status: Closed

Current Price: $850,000 List Date: 1/27/2015 Last Modified: 9/03/2025

Overview

Description

Tremendous location inside Ironworks Pike with frontage on 2 roads and at the Urban Service line - but with its PDR rights intact. Excellent soils - birthplace of Native Dancer and suitable for any discipline. Across the road from Victory Haven Training Center and minutes from the Kentucky Horse Park and Fasig Tipton.

Listing Details MLS# 1501741

Listing Information

Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2015-10-02T19:54:01Z
Status Change Timestamp: 2015-10-02
Purchase Contract Date: 2015-09-23
Close Date: 2015-10-02
Close Price: 850000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 2470
Street Name: Russell Cave
Street Suffix: Road
State: KY
Zip Code: 40511
Parcel Number: 25674000

Contract

Original List Price: 1700000
Start Showing Date: 2015-01-12
Listing Contract Date: 2015-01-12
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 20000
List Price/SqFt: 472.22
Sold Price/Acre: 10000
Sold Price/SqFt: 236.11
SP/LP: 0.5

Tax Legal

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

Interior

Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 3600
Living Area: 3600
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Above Grade Unfinished Area: 0

More Information

Building

Year Built: 1913

Lot

Lot Size Acres: 85
Lot Size Square Feet: 3702603.4

Utilities

Heating YN: Yes
Electricity Available: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: Tremendous location inside Ironworks Pike with frontage on 2 roads and at the Urban Service line - but with its PDR rights intact. Excellent soils - birthplace of Native Dancer and suitable for any discipline. Across the road from Victory Haven Training Center and minutes from the Kentucky Horse Park and Fasig Tipton.

Other Structures Info

Number Of Horse Barns: 2
Number Of Stalls: 27

Tax & Legal

Tax Rate: 1.0129
Directions: 2 Miles from New Circle on right corner of Russell Cave and Faulkner.

Fencing

Plank: Yes
Wire: Yes

Heating

Hot Water: Yes
Natural Gas: Yes

Horse Amenities

Barn: Yes
Hay Storage: Yes

Levels

One and One Half: Yes

Lot Features

Gentle Sloping: Yes

Sewer

Septic Tank: Yes

Water Source

Public: Yes

Current Use

Horses: Yes

Possible Use

Horses: Yes
Residential: Yes

Farm Improvements

Run-In Shed(s): Yes

Housing

Main: Yes
Manager(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

Room Types

Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 1: Yes
Bedroom 2: Yes
Bonus Room: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Documents

Aerial Photo: Yes
Other: Yes

Property Features

Utilities: Electricity Available; Natural Gas Connected; Phone Available; Water Available; Electricity Available; Natural Gas Connected; Phone Available; Water Available Current Use: Horses Farm Improvements: Run-In Shed(s) Fencing: Plank; Wire Heating: Hot Water; Natural Gas Horse Amenities: Barn; Hay Storage Housing: Main; Manager(s) Levels: One and One Half Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Horses; Residential Sewer: Septic Tank Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bonus Room; Dining Room; Kitchen; Living Room; Primary Bedroom Documents: Aerial Photo; Other

Room Information

Room Name	Remarks
Dining Room
Family Room
Bonus Room
Bedroom 1
Kitchen
Living Room
Primary Bedroom
Bedroom 2
Bathroom 1	Full Bath
Bathroom 2	Full Bath

Listing Office: Justice Real Estate

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.