3177 Russell Cave Road, Lexington, KY 40505

$1,700,000

Property Type: Farm Lot Size (sq. ft.): 698,267 Status: Closed

Current Price: $1,700,000 List Date: 9/01/2021 Last Modified: 9/03/2025

Overview

Description

Turn-key equestrian property minutes from the Kentucky Horse Park. Barn includes 20 stalls, 5 grooming stalls, 2 wash racks, 2 air-conditioned tack rooms, fly spray control system, laundry room, rest rooms with shower, rider's lounge and office. The 120' by 220' all-weather riding arena is irrigated by well-fed sprinkler system. The barn and ample finished space above are serviced by city water. There are 2 run-in sheds, 9 paddocks and one large field. Additionally, there is a garage/equipment building. There are 2 additional stalls for tenant overflow and 3 camper hookups complete with septic and water. Also included with the property are a sound system and security cameras. Excellent facility suitable for private use or as a hunter jumper training facility.

Listing Details MLS# 20118797

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2022-04-01
Purchase Contract Date: 2022-02-07
Close Date: 2022-03-29
Close Price: 1700000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: na

Address

County: Fayette
Street Number: 3177
Street Name: Russell Cave
Street Suffix: Road
State: KY
Zip Code: 40505
Parcel Number: 20120500

Contract

Original List Price: 1900000
Start Showing Date: 2021-09-01
Listing Contract Date: 2021-09-01
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 118527.76
Sold Price/Acre: 106051.15
SP/LP: 0.89

Tax Legal

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

Lot

Lot Size Acres: 16.03
Lot Size Square Feet: 698267
Lot Size Dimensions: 16.03 Acres
Conservation Easement YN: No

More Information

Utilities

Heating YN: Yes
Cable Connected: Yes
Electricity Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Turn-key equestrian property minutes from the Kentucky Horse Park. Barn includes 20 stalls, 5 grooming stalls, 2 wash racks, 2 air-conditioned tack rooms, fly spray control system, laundry room, rest rooms with shower, rider's lounge and office. The 120' by 220' all-weather riding arena is irrigated by well-fed sprinkler system. The barn and ample finished space above are serviced by city water. There are 2 run-in sheds, 9 paddocks and one large field. Additionally, there is a garage/equipment building. There are 2 additional stalls for tenant overflow and 3 camper hookups complete with septic and water. Also included with the property are a sound system and security cameras. Excellent facility suitable for private use or as a hunter jumper training facility.

Land Details

Farm With House YN: No
Number Of Fields: Yes

Other Structures Info

Number Of Horse Barns: Yes
Number Of Paddocks: 9
Number Of Stalls: 20

Showing Information

Showing Instructions: Please use Showing Assist to arrange your viewing - advance notice needed as Listing Agent must accompany all viewings. To obtain additional information call/text Sue Napier @ 859-533-2097 or to arrange your viewing. Please abide by COVID-19 Guidelines

Tax & Legal

Elementary School: Russell Cave
Middle Or Junior School: Winburn
High School: Bryan Station
Tax Rate: 1.1041
Zoning: AR
Directions: Russell Cave Rd. to Iron Works Pike; 2nd drive on Right.

Interior

Living Area: 0
Above Grade Finished Area: 0

Fencing

Plank: Yes

Heating

Electric: Yes
Heat Pump: Yes

Horse Amenities

Barn: Yes

Lot Features

Cleared: Yes
Gentle Sloping: Yes

Sewer

Septic Tank: Yes

Water Source

Public: Yes
Well: Yes

Current Use

Horses: Yes

Possible Use

Horses: Yes

Farm Improvements

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

Possession Farm Land

Close Of Escrow: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Showing Service: Yes

Documents

Sellers Disclosure Of Property Condition: Yes
Other: Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Water Connected; Cable Connected; Electricity Connected; Water Connected Current Use: Horses Farm Improvements: Auto Waterers; Equipment Building(s); Office; Outdoor Ring; Run-In Shed(s) Fencing: Plank Heating: Electric; Heat Pump Horse Amenities: Barn Lot Features: Cleared; Gentle Sloping Possession Farm Land: Close Of Escrow Possible Use: Horses Sewer: Septic Tank Water Source: Public; Well Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service Documents: Sellers Disclosure Of Property Condition; Other

Listing Office: Rector Hayden Realtors

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.