4050 Old Frankfort Pike, Lexington, KY 40510

$1,437,500

83-web-or-mls-out_0b7ee815-0010-4ef3-995

82-web-or-mls-Virtual Staging AI - 0J2A7

Property Type: Farm Bedrooms: 6 Baths: 6 Square Footage: 5,088 Lot Size (sq. ft.): 871,200 Status: Closed

Current Price: $1,437,500 List Date: 9/29/2023 Last Modified: 9/04/2025

Overview

Description

Located along the desirable Old Frankfort Pike (a federally designated scenic byway), Royal Farm is perfectly situated amongst legendary farms including Calumet, Darby Dan, Donamire, Stonestreet, Three Chimneys, and Windhaven. Accessed by a lovely tree-lined drive, fine views abound across the farm's 20 acres. One field and two paddocks add utility for equestrians. Mature trees and plantings enhance the landscape. The well-sized 6BR, 5.5BA house has been stylishly updated with modern finishes. Large windows and French doors ensure abundant light, while a series of porches add space for indoor & outdoor entertaining. The home's fireplaces delight on cold evenings. At 10 minutes from downtown or Keeneland & only 12 minutes from the LEX airport, the best of the Bluegrass is at one's fingertips. The premium address and convenient location make the farm a most rare Fayette County offering.

Listing Details MLS# 23018966

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2023-11-07T19:47:59Z
Status Change Timestamp: 2023-12-21
Purchase Contract Date: 2023-11-09
Close Date: 2023-12-19
Close Price: 1437500
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 4050
Street Name: Old Frankfort
Street Suffix: Pike
State: KY
Zip Code: 40510
Parcel Number: 26485600

Contract

Original List Price: 1599000
Start Showing Date: 2023-09-29
Listing Contract Date: 2023-09-29
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 76250
List Price/SqFt: 299.72
Sold Price/Acre: 71875
Sold Price/SqFt: 282.53
SP/LP: 0.94

Tax Legal

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

Interior

Bedrooms Total: 6
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Above Grade Finished Area: 3860
Below Grade Finished Area: 1228
Below Grade Unfinished Area: 104
Living Area: 5088
Above Grade Unfinished Area: 0

More Information

Building

Year Built: 9999

Lot

Lot Size Source: Public Records
Lot Size Acres: 20
Lot Size Square Feet: 871200
Lot Size Dimensions: 20 Acres
Conservation Easement YN: Yes
View YN: Yes

Utilities

Heating YN: Yes

Remarks

Public Remarks: Located along the desirable Old Frankfort Pike (a federally designated scenic byway), Royal Farm is perfectly situated amongst legendary farms including Calumet, Darby Dan, Donamire, Stonestreet, Three Chimneys, and Windhaven. Accessed by a lovely tree-lined drive, fine views abound across the farm's 20 acres. One field and two paddocks add utility for equestrians. Mature trees and plantings enhance the landscape. The well-sized 6BR, 5.5BA house has been stylishly updated with modern finishes. Large windows and French doors ensure abundant light, while a series of porches add space for indoor & outdoor entertaining. The home's fireplaces delight on cold evenings. At 10 minutes from downtown or Keeneland & only 12 minutes from the LEX airport, the best of the Bluegrass is at one's fingertips. The premium address and convenient location make the farm a most rare Fayette County offering.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Tobacco Barns: 2
Number Of Stalls: 9

Showing Information

Showing Instructions: Showings strictly by appointment only with a proof of funds or preapproval letter emailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. LA accompany. Do not attempt to drive on the farm without an appointment.

Tax & Legal

Elementary School: Meadowthorpe
Middle Or Junior School: Leestown
High School: Dunbar
Tax Rate: 1.0893
Directions: From Lexington: Old Frankfort Pike outbound; farm is on the left after Elkchester Road.

Heating

Zoned: Yes

Levels

Two: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Farm: Yes
Rural: Yes
Trees/Woods: Yes

Water Source

Public: Yes

Current Use

Other: Yes

Showing Requirements

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

Room Types

Bathroom 1: Yes
Bathroom 2: Yes
Bathroom 3: Yes
Bathroom 4: Yes
Bathroom 5: Yes
Bedroom 1: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bonus Room: Yes
Dining Room: Yes
Family Room: Yes
Foyer: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes
Utility Room: Yes

Property Features

Current Use: Other Heating: Zoned Levels: Two Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bathroom 5; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bonus Room; Dining Room; Family Room; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Room Name	Remarks
Primary Bedroom
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bathroom 1	Full Bath
Bathroom 2	Full Bath
Bathroom 3	Full Bath
Bathroom 4	Full Bath
Bathroom 5	Half Bath
Foyer
Living Room
Family Room
Dining Room
Kitchen
Utility Room
Bonus Room

Listing Office: Kirkpatrick & Company

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.