1032 Falcon Wood Way, Lexington, KY 40511

$1,200,000
Property Type: Farm Bedrooms: 5 Baths: 4 Square Footage: 4,325 Lot Size (sq. ft.): 454,766 Status: Closed
Current Price: $1,200,000 List Date: 6/26/2023 Last Modified: 9/03/2025

Overview

Description

With its newly-renovated brick residence on 10+ coveted Fayette Co. acres, this turnkey farm offers a rare opportunity. The 4,325± sq ft home was extensively remodeled in 2020 and includes 5 BR & 3.5 BA. A BR in the lower level includes walk-out access. A sunny great room enjoys gleaming hardwood floors, 2-story ceilings, a brick fireplace w/classic mantel, & lovely built-ins w/millwork details. French doors open to the 2nd story deck perfect for entertaining. The great room adjoins a new kitchen w/another fireplace, large dining area, & oversized island. Fine cabinetry, sleek countertops & a herringbone tile backsplash bring style. Exposed wood beams & a coordinating hood add warmth. Visitors to the farm are greeted by a gated, electric entrance w/mature trees & a scenic setback. A 2-car attached garage joins a 3-car detached garage w/equipment storage and a workshop. The upgraded barn boasts 6 stalls, a secure tack/fees room, & stall walk-outs. Nearby is an outdoor arena & a 2-st ...

Listing Details MLS# 23011917

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2023-08-09
Purchase Contract Date
2023-07-05
Close Date
2023-08-09
Close Price
1200000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Fayette
Street Number
1032
Street Name
Falcon Wood
Street Suffix
Way
State
KY
Zip Code
40511
Parcel Number
19308870

Contract

Original List Price
1295000
Start Showing Date
2023-06-26
Listing Contract Date
2023-06-26
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
124042.15
List Price/SqFt
299.42
Sold Price/Acre
114942.53
Sold Price/SqFt
277.46
SP/LP
0.93

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Rural
High School District
Fayette County - 1

Interior

Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Above Grade Finished Area
3063
Below Grade Finished Area
1262
Below Grade Unfinished Area
114.6
Living Area
4325
Above Grade Unfinished Area
0

More Information

Building

Year Built
1994

Lot

Lot Size Source
Public Records
Lot Size Acres
10.44
Lot Size Square Feet
454766
Lot Size Dimensions
10.44 acres
Conservation Easement YN
No
View YN
Yes

Utilities

Heating YN
Yes

Remarks

Public Remarks
With its newly-renovated brick residence on 10+ coveted Fayette Co. acres, this turnkey farm offers a rare opportunity. The 4,325± sq ft home was extensively remodeled in 2020 and includes 5 BR & 3.5 BA. A BR in the lower level includes walk-out access. A sunny great room enjoys gleaming hardwood floors, 2-story ceilings, a brick fireplace w/classic mantel, & lovely built-ins w/millwork details. French doors open to the 2nd story deck perfect for entertaining. The great room adjoins a new kitchen w/another fireplace, large dining area, & oversized island. Fine cabinetry, sleek countertops & a herringbone tile backsplash bring style. Exposed wood beams & a coordinating hood add warmth. Visitors to the farm are greeted by a gated, electric entrance w/mature trees & a scenic setback. A 2-car attached garage joins a 3-car detached garage w/equipment storage and a workshop. The upgraded barn boasts 6 stalls, a secure tack/fees room, & stall walk-outs. Nearby is an outdoor arena & a 2-stall run-in shed. An additional run-in shed, adorable chicken coop, & charming treehouse complete the bucolic scene. All conveniently situated 10 min from the KY Horse Park and 20 min to downtown Lex

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Tobacco Barns
Yes

Showing Information

Showing Instructions
Showings strictly by appointment only with a proof of funds or preapproval letter e-mailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. Do not attempt to drive on the farm without an appointment. Supra on the front door.

Tax & Legal

Elementary School
Sandersville
Middle Or Junior School
Leestown
High School
Bryan Station
Tax Rate
10.44
Directions
From the Kentucky Horse Park: Iron Works Pike to North Yarnallton Pike; right onto Falcon Wood Way, farm is on the left. Or, Leestown Road (421) outbound, right onto N. Yarnallton Pike (1977), left onto Bethel Road, right onto Falcon Wood Way.

Heating

Electric
Yes

Levels

Two
Yes

Sewer

Septic Tank
Yes

Showing Considerations

Pet(s) on Premises
Yes

Structure Type

House
Yes

View

Farm
Yes
Rural
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Showing Requirements

Call Listing Agent
Yes
No Sign
Yes
Restricted Hours
Yes
Showing Service
Yes

Room Types

Bathroom 1
Yes
Bathroom 2
Yes
Bathroom 3
Yes
Bathroom 4
Yes
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Primary Bedroom
Yes

Property Features

Current Use: Horses Heating: Electric Levels: Two Sewer: Septic Tank Showing Considerations: Pet(s) on Premises Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; No Sign; Restricted Hours; Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Primary Bedroom

Room Information

Room Name Remarks
Primary Bedroom
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bathroom 1 Full Bath
Bathroom 2 Full Bath
Bathroom 3 Full Bath
Bathroom 4 Half Bath
Listing Office: Kirkpatrick & Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.