2200 Spencer Road, Mt Sterling, KY 40353

$1,125,000
Property Type: Land Lot Size (sq. ft.): 7,448,760 Status: Closed
Current Price: $1,125,000 List Date: 5/12/2023 Last Modified: 9/03/2025

Overview

Description

Property sits atop one of the highest points in Montgomery Co., with exceptional vistas. A prospective buyer could build virtually anything on the land. Approximately 1/4 mile off of the By-Pass, 5 minutes from downtown Mt. Sterling, schools nearby and borders approx. 1/2 mile with the Mt. Sterling Country Club Golf Course. This is a magnificent piece of property to keep as exceptional farm land or as development land. Great investment opportunity!!

Listing Details MLS# 22005321

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2023-02-27T17:56:48Z
Status Change Timestamp
2023-07-19
Purchase Contract Date
2023-06-06
Close Date
2023-07-18
Close Price
1125000
Buyer Financing
Cash
Sale Type
Arms Length Sale

Address

County
Montgomery
Street Number
2200
Street Name
Spencer
Street Suffix
Road
State
KY
Zip Code
40353
Directions
(I-64) east turn right on (460) then right on bypass (686). Go approx 4.2 miles, then right on Spencer Road (713) for 4/10th of a mile to farm on right.
Parcel Number
032-00-00-010.00

Contract

Original List Price
1400000
Start Showing Date
2022-03-23
Listing Contract Date
2022-03-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
8771.93
List Price/SqFt
0.2
Sold Price/Acre
6578.95
Sold Price/SqFt
0.15
SP/LP
0.75

Tax Legal

MLS Area Major
018 - Montgomery County
Subdivision Name
Rural

Lot

Lot Size Acres
171
Lot Size Square Feet
7448760
Elevation Units
Feet

More Information

Remarks

Public Remarks
Property sits atop one of the highest points in Montgomery Co., with exceptional vistas. A prospective buyer could build virtually anything on the land. Approximately 1/4 mile off of the By-Pass, 5 minutes from downtown Mt. Sterling, schools nearby and borders approx. 1/2 mile with the Mt. Sterling Country Club Golf Course. This is a magnificent piece of property to keep as exceptional farm land or as development land. Great investment opportunity!!

Showing Information

Showing Instructions
Please call Melinda Reed to Show 859-321-1157. Appointment required. 24 hrs notice.
Listing Office: Berkshire Hathaway de Movellan Properties
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.