5447 Tates Creek Road, Lexington, KY 40515

$1,375,000

Property Type: Farm Bedrooms: 4 Baths: 2 Square Footage: 1,380 Lot Size (sq. ft.): 1,306,800 Status: Closed

Current Price: $1,375,000 List Date: 5/01/2023 Last Modified: 9/03/2025

Overview

Description

30 acres of future development potential in both Fayette and Jessamine Counties. The Fayette County property is 13.74 acres on Tates Creek Road with good topography, the Jessamine County side is 16.44 acres with frontage on E. Brannon Road (formerly Ashgrove Pike). The Jessamine County property is also improved with 2 barns with 33 stalls and a tenant residence, 4 bedrooms and 2 baths w 1380 sqft...all of which may produce convenient rental income. Great opportunity for several possible uses in a superior location.

Listing Details MLS# 23007773

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2023-06-16
Purchase Contract Date: 2023-05-03
Close Date: 2023-06-15
Close Price: 1375000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: no

Address

County: Fayette
Street Number: 5447
Street Name: Tates Creek
Street Suffix: Road
State: KY
Zip Code: 40515
Zip +4: 9565
Parcel Number: 25409900

Contract

Original List Price: 1419000
Start Showing Date: 2023-05-01
Listing Contract Date: 2023-05-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 47300
List Price/SqFt: 1028.26
Sold Price/Acre: 45833.33
Sold Price/SqFt: 996.38
SP/LP: 0.97

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Rural

Interior

Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1380
Living Area: 1380

More Information

Lot

Lot Size Source: Public Records
Lot Size Acres: 30
Lot Size Square Feet: 1306800
Lot Size Dimensions: 30 acres
Conservation Easement YN: No
View YN: Yes

Remarks

Public Remarks: 30 acres of future development potential in both Fayette and Jessamine Counties. The Fayette County property is 13.74 acres on Tates Creek Road with good topography, the Jessamine County side is 16.44 acres with frontage on E. Brannon Road (formerly Ashgrove Pike). The Jessamine County property is also improved with 2 barns with 33 stalls and a tenant residence, 4 bedrooms and 2 baths w 1380 sqft...all of which may produce convenient rental income. Great opportunity for several possible uses in a superior location.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Stalls: 33

Showing Information

Showing Instructions: Call listing agent

Tax & Legal

Tax Rate: 1.1166
Zoning: AR
Directions: Tates Creek Road south 2.2 mile from Man O War

Utilities

Electricity Connected: Yes
Water Connected: Yes

Architectural Style

Cape Cod: Yes

Fencing

Plank: Yes

Horse Amenities

Barn: Yes

Levels

One and One Half: Yes

Lot Features

Gentle Sloping: Yes

Other Structures

Indoor Arena: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Other: Yes

Water Source

Public: Yes

Current Use

Horses: Yes

Possible Use

Commercial: Yes
Horses: Yes
Residential: Yes

Farm Improvements

Auto Walkers: Yes

Housing

Tenant(s): Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Negotiable: Yes

Possession Main House

Negotiable: Yes

Showing Requirements

Call Listing Agent: Yes
Call Listing Office: Yes

Documents

Aerial Photo: Yes
Sellers Disclosure Of Property Condition: Yes

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Architectural Style: Cape Cod Current Use: Horses Farm Improvements: Auto Walkers Fencing: Plank Horse Amenities: Barn Housing: Tenant(s) Levels: One and One Half Lot Features: Gentle Sloping Other Structures: Indoor Arena Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Commercial; Horses; Residential Sewer: Septic Tank Structure Type: House View: Other Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office Documents: Aerial Photo; Sellers Disclosure Of Property Condition

Listing Office: Biederman Real Estate

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.