5119 Paynes Mill Road, Lexington, KY 40510

$880,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,466 Lot Size (sq. ft.): 599,386 Status: Closed

Current Price: $880,000 List Date: 6/05/2024 Last Modified: 8/29/2025

Overview

Description

Location is key! Come see this 13.76 +/- acre farm located 3 miles from Keeneland and Old Frankfort Pike. Comfortable floor plan offering 3400 + sq. ft of living space. 3 bedrooms and 3.5 bath with lovely hardwood floors throughout. Formal living & dining room, large front to back family room with masonry fireplace, large office, bright open kitchen and bedroom/bath with separate entrance on the 1st level. 2 additional bedrooms on the 2nd level with their own private baths. Covered front and back porches. Artist-garden pavilion and a 2 car detached garage. 8 stall tobacco barn with tack room, feed room, foaling stall and run-in shed. 5 paddocks all fenced surrounded by beautiful land w/lots of trees. Just waiting for you to arrive with your horses!

Listing Details MLS# 24011371

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2024-09-10
Purchase Contract Date: 2024-08-30
Close Date: 2024-09-06
Close Price: 880000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: none

Address

County: Fayette
Street Number: 5119
Street Name: Paynes Mill
Street Suffix: Road
State: KY
Zip Code: 40510
Directions: Old Frankfort Pike, to Redd Rd, then right on Paynes Mill or Versailles Rd to Van Meter Rd, left on Elkchester, right on Redd, left on Paynes Mill
Parcel Number: 26185850

Contract

Original List Price: 1050000
Start Showing Date: 2024-06-05
Listing Contract Date: 2024-06-05
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 302.94
Sold Price/SqFt: 253.89
SP/LP: 0.84

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Rural
High School District: Fayette County - 1

Interior

Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Above Grade Finished Area: 3466
Living Area: 3466
Living Area Source: Public Records
Basement YN: No
Fireplace YN: Yes
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 2
Carport YN: No

Building

Year Built: 1968

Lot

Lot Size Acres: 13.76
Lot Size Square Feet: 599386
View YN: Yes
Waterfront YN: No
Water Body Access YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Location is key! Come see this 13.76 +/- acre farm located 3 miles from Keeneland and Old Frankfort Pike. Comfortable floor plan offering 3400 + sq. ft of living space. 3 bedrooms and 3.5 bath with lovely hardwood floors throughout. Formal living & dining room, large front to back family room with masonry fireplace, large office, bright open kitchen and bedroom/bath with separate entrance on the 1st level. 2 additional bedrooms on the 2nd level with their own private baths. Covered front and back porches. Artist-garden pavilion and a 2 car detached garage. 8 stall tobacco barn with tack room, feed room, foaling stall and run-in shed. 5 paddocks all fenced surrounded by beautiful land w/lots of trees. Just waiting for you to arrive with your horses!

Currently Not Used

List Price/Acre: 76308.14

Tax & Legal

Elementary School: Meadowthorpe
Middle Or Junior School: Leestown
High School: Dunbar
Tax Rate: 1.1041

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Washer: Yes

Attic Features

Access Only: Yes
Walk-In Attic: Yes

Basement

Crawl Space: Yes

Construction Materials

HardiPlank Type: Yes
Other: Yes

Cooling

Electric: Yes
Heat Pump: Yes
Zoned: Yes

Fireplace Features

Family Room: Yes
Masonry: Yes

Flooring

Hardwood: Yes
Tile: Yes

Foundation Details

Block: Yes

Heating

Electric: Yes
Heat Pump: Yes
Zoned: Yes

Interior Features

Entrance Foyer: Yes
Primary First Floor: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Main Level: Yes
Washer Hookup: Yes

Levels

One and One Half: Yes
Two: Yes

Other Structures

Barn(s): Yes
Stable(s): Yes

Parking Features

Detached Garage: Yes

Patio And Porch Features

Patio: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Roof

Dimensional Style: Yes

Sewer

Septic Tank: Yes

Showing Considerations

Pet(s) on Premises: Yes

Structure Type

House: Yes

View

Farm: Yes

Water Source

Public: Yes

Window Features

Insulated Windows: Yes

Showing Requirements

Showing Service: Yes

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Washer Attic Features: Access Only; Walk-In Attic Basement: Crawl Space Construction Materials: HardiPlank Type; Other Cooling: Electric; Heat Pump; Zoned Fireplace Features: Family Room; Masonry Flooring: Hardwood; Tile Foundation Details: Block Heating: Electric; Heat Pump; Zoned Interior Features: Entrance Foyer; Primary First Floor; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Levels: One and One Half; Two Other Structures: Barn(s); Stable(s) Parking Features: Detached Garage Patio And Porch Features: Patio Possession: Close Of Escrow; Negotiable Roof: Dimensional Style Sewer: Septic Tank Showing Considerations: Pet(s) on Premises Structure Type: House View: Farm Water Source: Public Window Features: Insulated Windows Showing Requirements: Showing Service

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: August - 29 - 2025

Information deemed reliable but not guaranteed.