1033 Iron Works Pike, Lexington, KY 40511

$5,200,000
Property Type: Farm Bedrooms: 3 Baths: 3 Square Footage: 3,585 Lot Size (sq. ft.): 2,246,389 Status: Closed
Current Price: $5,200,000 List Date: 10/02/2024 Last Modified: 9/04/2025

Overview

Description

This well located, turn key horse farm checks all the boxes. Custom built main residence (with mature landscaping), heated pool, manager's house, groom's quarters, guest home (former Spendthrift foaling barn), 8-stall barn, 130' x 230' outdoor ring, workshop, 2 equipment buildings, 2 run-in sheds- just minutes from the Kentucky Horse Park, downtown Lexington, and Fasig Tipton with frontage on Iron Works and Kenny Lane. Exceptionally maintained.

Listing Details MLS# 24009010

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2024-07-25T18:22:51Z
Status Change Timestamp
2024-11-08
Purchase Contract Date
2024-10-28
Close Date
2024-11-08
Close Price
5200000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
1033
Street Name
Iron Works
Street Suffix
Pike
State
KY
Zip Code
40511
Parcel Number
20142280

Contract

Original List Price
6250000
Start Showing Date
2024-05-07
Listing Contract Date
2024-05-07
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
115377.16
List Price/SqFt
1659.69
Sold Price/Acre
100833.82
Sold Price/SqFt
1450.49
SP/LP
0.87

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Rural

Interior

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
3585
Living Area
3585
Fireplace YN
Yes

More Information

Parking Information

Garage YN
Yes

Building

Year Built
2006

Lot

Lot Size Source
Public Records
Lot Size Acres
51.57
Lot Size Square Feet
2246389
Lot Size Dimensions
51.5 acres
Conservation Easement YN
Yes
View YN
Yes

Utilities

Heating YN
Yes
Phone Available
Yes

Remarks

Public Remarks
This well located, turn key horse farm checks all the boxes. Custom built main residence (with mature landscaping), heated pool, manager's house, groom's quarters, guest home (former Spendthrift foaling barn), 8-stall barn, 130' x 230' outdoor ring, workshop, 2 equipment buildings, 2 run-in sheds- just minutes from the Kentucky Horse Park, downtown Lexington, and Fasig Tipton with frontage on Iron Works and Kenny Lane. Exceptionally maintained.

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Stalls
8

Showing Information

Showing Instructions
Listing agent/ Listing office accompany. Call office to schedule. Proof of funds / per-approval letter required prior to showing.

Tax & Legal

Tax Rate
1.1166
Zoning
AR
Directions
Corner of Iron Works Pike and Kenny Lane.

Architectural Style

Ranch
Yes

Cooling

Central Air
Yes

Fencing

Plank
Yes

Flooring

Hardwood
Yes

Heating

Electric
Yes
Heat Pump
Yes

Horse Amenities

Barn
Yes
Hay Storage
Yes

Levels

One
Yes

Lot Features

Gentle Sloping
Yes

Other Structures

Workshop
Yes

Private Pool Features

In Ground
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Farm
Yes
Rural
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Disclosures

Inground Tank(s)
Yes
Other
Yes

Possible Use

Horses
Yes
Residential
Yes

Farm Improvements

Auto Waterers
Yes
Equipment Building(s)
Yes
Office
Yes
Outdoor Ring
Yes
Run-In Shed(s)
Yes
Silo(s)
Yes

Housing

Guest
Yes
Main
Yes
Manager(s)
Yes
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
Listing Agent Must Accompany
Yes
No Sign
Yes

Documents

Aerial Photo
Yes
Sellers Disclosure Of Property Condition
Yes
Other
Yes

Property Features

Utilities: Phone Available; Phone Available Architectural Style: Ranch Cooling: Central Air Current Use: Horses Disclosures: Inground Tank(s); Other Farm Improvements: Auto Waterers; Equipment Building(s); Office; Outdoor Ring; Run-In Shed(s); Silo(s) Fencing: Plank Flooring: Hardwood Heating: Electric; Heat Pump Horse Amenities: Barn; Hay Storage Housing: Guest; Main; Manager(s); Tenant(s) Levels: One Lot Features: Gentle Sloping Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Horses; Residential Private Pool Features: In Ground Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; No Sign Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Room Information

Room Name
Great Room
Listing Office: Justice Real Estate
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.