631 S Cleveland Road, Lexington, KY 40515 (MLS# 24022317)

631 S Cleveland Road, Lexington, KY 40515

$895,000

Property Type: Farm Bedrooms: 3 Baths: 1 Square Footage: 1,686 Lot Size (sq. ft.): 2,467,674 Status: Closed

Current Price: $895,000 List Date: 10/23/2024 Last Modified: 9/03/2025

Overview

Description

Wonderful opportunity to own 56 +/- acres of beautiful land in the country, with nice frontage on Boggs Fork Creek, only about 15 minutes from Lexington. This farm has two homes. The older of the two homes is in need of renovation and of little to no value, the second home is an encased mobile home with three bedrooms and one bathroom. There are two tobacco barns on the property. One tobacco barn has six bents and sits on concrete footers, has an attached covered shed, cattle chutes, and a stripping room. The other tobacco barn has four bents, but is of little to no value. There are about four tenths of a mile of frontage on S Cleveland Road. There is city water to the tobacco barns.

Listing Details MLS# 24022317

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2024-11-27
Purchase Contract Date: 2024-10-29
Close Date: 2024-11-27
Close Price: 895000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 631
Street Direction Prefix: S
Street Name: Cleveland
Street Suffix: Road
State: KY
Zip Code: 40515
Parcel Number: 26239400

Contract

Original List Price: 895000
Start Showing Date: 2024-10-23
Listing Contract Date: 2024-10-23
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 15798.76
List Price/SqFt: 530.84
Sold Price/Acre: 15798.76
Sold Price/SqFt: 530.84
SP/LP: Yes

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Rural
High School District: Fayette County - 1

Interior

Bedrooms Total: 3
Bathrooms Total: Yes
Bathrooms Full: Yes
Above Grade Finished Area: 1686
Living Area: 1686

More Information

Building

Year Built: 1988

Lot

Lot Size Source: Assessor
Lot Size Acres: 56.65
Lot Size Square Feet: 2467674
Lot Size Dimensions: 56.65 acres
Conservation Easement YN: No
View YN: Yes

Remarks

Public Remarks: Wonderful opportunity to own 56 +/- acres of beautiful land in the country, with nice frontage on Boggs Fork Creek, only about 15 minutes from Lexington. This farm has two homes. The older of the two homes is in need of renovation and of little to no value, the second home is an encased mobile home with three bedrooms and one bathroom. There are two tobacco barns on the property. One tobacco barn has six bents and sits on concrete footers, has an attached covered shed, cattle chutes, and a stripping room. The other tobacco barn has four bents, but is of little to no value. There are about four tenths of a mile of frontage on S Cleveland Road. There is city water to the tobacco barns.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Tobacco Barns: 2

Tax & Legal

Elementary School: Brenda Cowan
Middle Or Junior School: Edythe J. Hayes
High School: Henry Clay
Tax Rate: 1.0893
Zoning: AR
Directions: From Lexington, go out Richmond Road and turn right onto South Cleveland (in Athens). Continue one mile to driveway on the right.

Utilities

Electricity Connected: Yes
Phone Available: Yes
Water Connected: Yes

Architectural Style

Ranch: Yes

Fencing

Wire: Yes

Levels

One: Yes

Lot Features

Bottomland: Yes
Cleared: Yes
Gentle Sloping: Yes
Level: Yes

Sewer

Septic Tank: Yes

View

Farm: Yes

Water Source

Creek(s): Yes
Public: Yes

Current Use

Cattle: Yes
Pasture: Yes

Possible Use

Cattle: Yes
Horses: Yes
Pasture: Yes
Residential: Yes

Farm Improvements

Tobacco Barn(s): Yes

Housing

Tenant(s): Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Negotiable: Yes

Possession Main House

Negotiable: Yes

Showing Requirements

Key In Office: Yes
Showing Service: Yes

Documents

Aerial Photo: Yes
Sellers Disclosure Of Property Condition: Yes
Other: Yes

Property Features

Utilities: Electricity Connected; Phone Available; Water Connected; Electricity Connected; Phone Available; Water Connected Architectural Style: Ranch Current Use: Cattle; Pasture Farm Improvements: Tobacco Barn(s) Fencing: Wire Housing: Tenant(s) Levels: One Lot Features: Bottomland; Cleared; Gentle Sloping; Level Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Cattle; Horses; Pasture; Residential Sewer: Septic Tank View: Farm Water Source: Creek(s); Public Showing Requirements: Key In Office; Showing Service Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Listing Office: Justice Real Estate

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.