1542 Ferguson Road, Lexington, KY 40511
$2,900,000
Property Type:
Farm
Bedrooms:
3
Baths:
2
Square Footage:
1,948
Lot Size (sq. ft.):
8,432,780
Status:
Closed
Current Price:
$2,900,000
List Date:
6/12/2025
Last Modified:
4/03/2026
Overview
Description
Listing Details MLS# 25012485
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Farm
Status Change Information
- Status Change Timestamp
- 2026-03-04
- Purchase Contract Date
- 2026-01-20
- Close Date
- 2026-03-03
- Close Price
- 2900000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 1542
- Street Name
- Ferguson
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 21958000
Contract
- Original List Price
- 3150000
- Start Showing Date
- 2025-06-12
- Listing Contract Date
- 2025-06-11
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 16271.5
- List Price/SqFt
- 1617.04
- Sold Price/Acre
- 14980.11
- Sold Price/SqFt
- 1488.71
- SP/LP
- 0.92
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Rural
Interior
- Bedrooms Total
- 3
- Bathrooms Total
- 2
- Bathrooms Full
- Yes
- Bathrooms Half
- Yes
- Above Grade Finished Area
- 1948
- Living Area
- 1948
More Information
Lot
- Lot Size Source
- Public Records
- Lot Size Acres
- 193.59
- Lot Size Square Feet
- 8432780
- Lot Size Dimensions
- 193ac
- Road Frontage Feet
- 2470
- Conservation Easement YN
- No
- View YN
- Yes
Remarks
- Public Remarks
- Locust Grove Farm, 193± acre horse farm property located less than 2 miles from Paris Pike and 1.2 miles from Greenwich Pike. Property amenities include 80 stalls over 5 barns with several tack rooms, 2 employee residences, 10 large fields and 7 paddocks with plank fencing and 4 ponds. Straddling the Fayette/Bourbon County line, this land sits on a higher elevation with wonderful scenic views of the surrounding bluegrass. The improvements on this property are in need of renovation and repair however the infrastructure and land offers many opportunities in this fantastic location- 20 minutes to the Kentucky Horse Park, 11 minutes to Paris, 16 minutes to I-64/75 and New Circle Road. This property is offered in its ''as-is'' condition with inspections welcome.
Land Details
- Farm With House YN
- Yes
- Number Of Fields
- 10
Other Structures Info
- Number Of Horse Barns
- 5
- Number Of Paddocks
- 7
- Number Of Stalls
- 80
Showing Information
- Showing Instructions
- Call Listing Agent
Tax & Legal
- Tax Rate
- 1.0833
- Zoning
- AR
- Directions
- From Paris Pike/Lexington Road turn onto Ferguson Road. Property will be on your right after 1.5 miles
Fencing
- Plank
- Yes
Horse Amenities
- Barn
- Yes
- Hay Storage
- Yes
Levels
- One
- Yes
Lot Features
- Gentle Sloping
- Yes
- Level
- Yes
Sewer
- Septic Tank
- Yes
Structure Type
- House
- Yes
View
- Farm
- Yes
Water Source
- Public
- Yes
Current Use
- Horses
- Yes
Possible Use
- Horses
- Yes
- Pasture
- Yes
Farm Improvements
- Auto Waterers
- Yes
- Equipment Building(s)
- Yes
Housing
- Tenant(s)
- Yes
Possession Farm Land
- Negotiable
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
- Listing Agent Must Accompany
- Yes
- Showing Service
- Yes
Documents
- Aerial Photo
- Yes
Property Features
Current Use:
Horses
Farm Improvements:
Auto Waterers; Equipment Building(s)
Fencing:
Plank
Horse Amenities:
Barn; Hay Storage
Housing:
Tenant(s)
Levels:
One
Lot Features:
Gentle Sloping; Level
Possession Farm Land:
Negotiable
Possible Use:
Horses; Pasture
Sewer:
Septic Tank
Structure Type:
House
View:
Farm
Water Source:
Public
Showing Requirements:
Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; Showing Service
Documents:
Aerial Photo
Listing Office:
Biederman Real Estate
Last Updated: April - 03 - 2026
Information deemed reliable but not guaranteed.