4751 Newtown Pike, Lexington, KY 40511 (MLS# 20000866)

4751 Newtown Pike, Lexington, KY 40511

$1,172,000

Virtual Tour

https://youtu.be/lecKvsgMwOk

Property Type: Farm Bedrooms: 4 Baths: 3 Square Footage: 2,824 Lot Size (sq. ft.): 3,528,363 Status: Closed

Current Price: $1,172,000 List Date: 1/13/2020 Last Modified: 9/03/2025

Overview

Description

A gorgeous 81 acre farm with prime soils located less than 5 miles from the KY Horse Park. This fabulous land has no conservation easement over it and is well worth the asking price for the land alone, not including the structures. The PDR rights are worth roughly $2,500 per acre. The land is gently rolling to level in places and is mostly cleared except for trees around the houses and the perimeter of the property. Located on one of the best streets in Lexington for raising a horse. The farm has a 2800 sq. ft. house with hardwoods throughout the first floor, a tenant house, and an antique tobacco barn with original wood pegs. Having a 2nd house on 57 acres in Fayette County is no longer allowed but is grand-fathered in here! This house has new windows, doors, and cement siding. Additional land is available or may be purchased with less land.

Listing Details MLS# 20000866

Listing Information

Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2020-09-22T16:33:46Z
Status Change Timestamp: 2020-09-22
Purchase Contract Date: 2020-06-21
Close Date: 2020-09-22
Close Price: 1172000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: na

Address

County: Fayette
Street Number: 4751
Street Name: Newtown
Street Suffix: Pike
State: KY
Zip Code: 40511
Parcel Number: 20534500

Contract

Original List Price: 1075000
Start Showing Date: 2020-01-13
Listing Contract Date: 2020-01-13
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 13271.6
List Price/SqFt: 380.67
Sold Price/Acre: 14469.14
Sold Price/SqFt: 415.01
SP/LP: 1.09

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: 2824
Living Area: 2824
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Above Grade Unfinished Area: 0

More Information

Lot

Lot Size Acres: 81
Lot Size Square Feet: 3528363.24
Conservation Easement YN: No

Utilities

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

Remarks

Public Remarks: A gorgeous 81 acre farm with prime soils located less than 5 miles from the KY Horse Park. This fabulous land has no conservation easement over it and is well worth the asking price for the land alone, not including the structures. The PDR rights are worth roughly $2,500 per acre. The land is gently rolling to level in places and is mostly cleared except for trees around the houses and the perimeter of the property. Located on one of the best streets in Lexington for raising a horse. The farm has a 2800 sq. ft. house with hardwoods throughout the first floor, a tenant house, and an antique tobacco barn with original wood pegs. Having a 2nd house on 57 acres in Fayette County is no longer allowed but is grand-fathered in here! This house has new windows, doors, and cement siding. Additional land is available or may be purchased with less land.

Other Structures Info

Number Of Horse Barns: Yes

Tax & Legal

Elementary School: Russell Cave
Middle Or Junior School: Winburn
High School: Bryan Station
Tax Rate: 1.0441
Directions: Take Newtown Pike outbound from Lexington roughly 5 miles and farm is on the left just short of the county line.

Fencing

Plank: Yes

Flooring

Hardwood: Yes

Heating

Electric: Yes
Heat Pump: Yes

Levels

Two: Yes

Lot Features

Gentle Sloping: Yes

Sewer

Septic Tank: Yes

Water Source

Public: Yes

Current Use

Cattle: Yes
Pasture: Yes

Possible Use

Cattle: Yes
Pasture: Yes
Recreational: Yes

Farm Improvements

Tobacco Barn(s): Yes

Housing

Main: Yes
Tenant(s): Yes

Possession Auxiliary Dwelling

Close Of Escrow: Yes

Possession Farm Land

Close Of Escrow: Yes

Possession Main House

Close Of Escrow: Yes

Room Types

Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 1: Yes
Den: Yes
Family Room: Yes
Foyer: Yes
Kitchen: Yes
Primary Bedroom: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Phone Available; Water Connected; Cable Available; Electricity Connected; Phone Available; Water Connected Current Use: Cattle; Pasture Farm Improvements: Tobacco Barn(s) Fencing: Plank Flooring: Hardwood Heating: Electric; Heat Pump Housing: Main; Tenant(s) Levels: Two Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Cattle; Pasture; Recreational Sewer: Septic Tank Water Source: Public Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Den; Family Room; Foyer; Kitchen; Primary Bedroom

Room Information

Room Name	Remarks
Family Room
Bedroom 1
Den
Foyer
Kitchen
Primary Bedroom
Bathroom 1	Full Bath
Bathroom 2	Full Bath

Listing Office: Turf Town Properties

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.