1010 Steele Road, Versailles, KY 40383

$1,395,000
Property Type: Residential Income Bedrooms: 11 Baths: 12 Square Footage: 8,452 Lot Size (sq. ft.): 392,040 Status: Active
Current Price: $1,395,000 List Date: 9/27/2025 Last Modified: 5/10/2026

Overview

Description

Rabbit Creek, the profitable Woodford County bed and breakfast and wedding venue is for sale for the very first time. This popular vacation destination and turn-key business, located on nine tranquil acres just minutes outside Versailles, features eight spacious guest bedrooms, each with a private bathroom. Four guest rooms have balconies which provide a wonderful place to relax and there is also a spacious 'Bridal Suite.' Rabbit Creek also has a recreation room and a separate party/banquet room, perfect for birthdays, anniversary parties and other happy events. There is also a redwood sauna on the first floor. Outside, the property features an in-ground pool and landscaped grounds with a beautiful gazebo. Apart from the guest rooms, there is a 700 sf apartment featuring a living room, kitchen, bathroom and bedroom over the garage, which currently houses the B&Bs resident housekeeper, and another small apartment with a living room, kitchen, bathroom and bedroom located over the party r ...

Listing Details MLS# 25502409

Listing Information

Comp Sale YN
No
Property Sub Type
Triplex

Status Change Information

Status Change Timestamp
2025-09-27

Address

County
Woodford
Street Number
1010
Street Name
Steele
Street Suffix
Road
State
KY
Zip Code
40383
Directions
From Frankfort: 60 east. Right on Steele Road. From Versailles: Troy Pike (33 south). Right on Falling Springs Blvd. Left on Tyrone Pike (62 west). Right on Steele Road. Property on right.
Parcel Number
09-0000-0121

Contract

Original List Price
1395000
Start Showing Date
2025-09-27
Listing Contract Date
2025-09-26
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
155000
List Price/SqFt
165.05

Tax Legal

MLS Area Major
010 - Woodford County
Subdivision Name
Rural
High School District
Woodford County - 10

Interior

Bedrooms Total
11
Bathrooms Total
12
Bathrooms Full
11
Bathrooms Half
Yes
Living Area
8452

More Information

Building

Year Built
1998
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
9
Lot Size Square Feet
392040

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Propane
Yes
Water Connected
Yes

Remarks

Public Remarks
Rabbit Creek, the profitable Woodford County bed and breakfast and wedding venue is for sale for the very first time. This popular vacation destination and turn-key business, located on nine tranquil acres just minutes outside Versailles, features eight spacious guest bedrooms, each with a private bathroom. Four guest rooms have balconies which provide a wonderful place to relax and there is also a spacious 'Bridal Suite.' Rabbit Creek also has a recreation room and a separate party/banquet room, perfect for birthdays, anniversary parties and other happy events. There is also a redwood sauna on the first floor. Outside, the property features an in-ground pool and landscaped grounds with a beautiful gazebo. Apart from the guest rooms, there is a 700 sf apartment featuring a living room, kitchen, bathroom and bedroom over the garage, which currently houses the B&Bs resident housekeeper, and another small apartment with a living room, kitchen, bathroom and bedroom located over the party room.

Income and Expenses

Taxes
8398

Showing Information

Showing Instructions
Listing agent to accompany

Tax & Legal

Elementary School
Simmons
Middle Or Junior School
Woodford Co
High School
Woodford Co
Tax Rate
9.57
Zoning
R-1
Zoning Description
Residential

Cooling

Attic Fan
Yes
Central Air
Yes
Electric
Yes
Heat Pump
Yes

Heating

Electric
Yes
Forced Air
Yes
Heat Pump
Yes

Laundry Features

Electric Dryer Hookup
Yes
Main Level
Yes
Washer Hookup
Yes

Other Equipment

Satellite Dish
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Security Features

Security System Owned
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
No Sign
Yes

Property Features

Utilities: Electricity Connected; Propane; Water Connected; Electricity Connected; Propane; Water Connected Cooling: Attic Fan; Central Air; Electric; Heat Pump Heating: Electric; Forced Air; Heat Pump Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Other Equipment: Satellite Dish Possession: Close Of Escrow Roof: Shingle Security Features: Security System Owned Structure Type: Multi Family Showing Requirements: Call Listing Agent; Call Listing Office; No Sign
Listing Office: Biederman Real Estate
Last Updated: May - 10 - 2026
Information deemed reliable but not guaranteed.