500 Spears Mill Road, Paris, KY 40361 (MLS# 20002731)

500 Spears Mill Road, Paris, KY 40361

$3,800,000

Property Type: Farm Lot Size (sq. ft.): 25,351,943 Status: Closed

Current Price: $3,800,000 List Date: 4/28/2021 Last Modified: 9/03/2025

Overview

Description

Picturesque horse farm on the banks of Strodes Creek and accessed via a mature tree-lined drive. 115 stalls in 7 barns, 4 employee houses, 3 shop/maintenance buildings, and 9 run-in sheds. Immediate neighbors include Kilflynn, Darley, Sienna, Hidden Brook, and Machmer Hall.

Listing Details MLS# 20002731

Listing Information

Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2021-11-22
Purchase Contract Date: 2021-07-16
Close Date: 2021-11-19
Close Price: 3800000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Bourbon
Street Number: 500
Street Name: Spears Mill
Street Suffix: Road
State: KY
Zip Code: 40361

Contract

Original List Price: 4219500
Start Showing Date: 2020-02-03
Listing Contract Date: 2020-02-03
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 7250
Sold Price/Acre: 6529.21
SP/LP: 0.9

Tax Legal

MLS Area Major: 006 - Bourbon County
Subdivision Name: Rural

Lot

Lot Size Acres: 582
Lot Size Square Feet: 25351943.28
Conservation Easement YN: No

More Information

Remarks

Public Remarks: Picturesque horse farm on the banks of Strodes Creek and accessed via a mature tree-lined drive. 115 stalls in 7 barns, 4 employee houses, 3 shop/maintenance buildings, and 9 run-in sheds. Immediate neighbors include Kilflynn, Darley, Sienna, Hidden Brook, and Machmer Hall.

Other Structures Info

Number Of Horse Barns: 7
Number Of Stalls: 115

Tax & Legal

Tax Rate: 1.0219
Directions: Out Paris Pike and turn right onto 627, turn left onto Spears Mill.

Interior

Living Area: 0
Bathrooms Half: 0
Above Grade Finished Area: 0
Above Grade Unfinished Area: 0

Utilities

Electricity Connected: Yes

Fencing

Plank: Yes
Wire: Yes

Horse Amenities

Barn: Yes
Hay Storage: Yes

Lot Features

Bottomland: Yes
Gentle Sloping: Yes

Other Structures

Workshop: Yes

Sewer

Septic Tank: Yes

Water Source

Well: Yes

Current Use

Agricultural: Yes
Cattle: Yes
Horses: Yes

Possible Use

Horses: Yes

Farm Improvements

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

Housing

Guest: Yes
Manager(s): Yes
Tenant(s): Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Negotiable: Yes

Showing Requirements

Call Listing Agent: Yes
Call Listing Office: Yes
Show Anytime: Yes

Documents

Aerial Photo: Yes
Other: Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Current Use: Agricultural; Cattle; Horses Farm Improvements: Auto Waterers; Equipment Building(s); Office; Run-In Shed(s); Silo(s) Fencing: Plank; Wire Horse Amenities: Barn; Hay Storage Housing: Guest; Manager(s); Tenant(s) Lot Features: Bottomland; Gentle Sloping Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possible Use: Horses Sewer: Septic Tank Water Source: Well Showing Requirements: Call Listing Agent; Call Listing Office; Show Anytime Documents: Aerial Photo; Other

Listing Office: Justice Real Estate

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.