2349 Long Valley Lane, Lexington, KY 40511 (MLS# 24021955)

2349 Long Valley Lane, Lexington, KY 40511

$2,900,000

Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 3,000 Lot Size (sq. ft.): 1,921,432 Status: Closed

Current Price: $2,900,000 List Date: 10/17/2024 Last Modified: 9/04/2025

Overview

Description

Mercury Training Center is a completely turn key thoroughbred training center. This recognized training facility on 44 acres includes a private 1/2 mile dirt training track with hedge lined break-away safety rails and a clocker's stand and gate to facilitate official works to qualify horses for gate approval and racing. Three large barns contain 114 stalls with wide shed rows to train during inclement weather. Barn 1 has 36 stalls with a 15' aisle and a 1 room apartment. Barn 2 has 30 stalls with a feed room and a maintenance shed. Barn 3 has 48 stalls with a 10' aisle, feed room, wash bay and area for an equine spa. The property also has an office and a 5 horse equiciser. Completing the property are on-site living quarters that include a 4 BR 3 BA residence, a 1 BR 1BA apartment and a 2 BR 1BA apartment. This facility has everything needed for a successful thoroughbred training operation in an ideal location that is 25 minutes to Keeneland, 1 hour and 10 minutes to Turfway Park and ... (Read more)

Listing Details MLS# 24021955

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Status Change Timestamp: 2025-04-02
Purchase Contract Date: 2025-01-02
Close Date: 2025-04-01
Close Price: 2900000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: no

Address

County: Fayette
Street Number: 2349
Street Name: Long Valley
Street Suffix: Lane
State: KY
Zip Code: 40511
Parcel Number: 2051120

Contract

Original List Price: 3150000
Start Showing Date: 2024-10-17
Listing Contract Date: 2024-10-16
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 71412.38
List Price/SqFt: 1050
Sold Price/Acre: 65744.73
Sold Price/SqFt: 966.67
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: 2
Above Grade Finished Area: 3000
Living Area: 3000

More Information

Lot

Lot Size Source: Public Records
Lot Size Acres: 44.11
Lot Size Square Feet: 1921432
Lot Size Dimensions: 44.11 acres
Conservation Easement YN: No
View YN: Yes

Remarks

Public Remarks: Mercury Training Center is a completely turn key thoroughbred training center. This recognized training facility on 44 acres includes a private 1/2 mile dirt training track with hedge lined break-away safety rails and a clocker's stand and gate to facilitate official works to qualify horses for gate approval and racing. Three large barns contain 114 stalls with wide shed rows to train during inclement weather. Barn 1 has 36 stalls with a 15' aisle and a 1 room apartment. Barn 2 has 30 stalls with a feed room and a maintenance shed. Barn 3 has 48 stalls with a 10' aisle, feed room, wash bay and area for an equine spa. The property also has an office and a 5 horse equiciser. Completing the property are on-site living quarters that include a 4 BR 3 BA residence, a 1 BR 1BA apartment and a 2 BR 1BA apartment. This facility has everything needed for a successful thoroughbred training operation in an ideal location that is 25 minutes to Keeneland, 1 hour and 10 minutes to Turfway Park and 1 hour and 22 minutes to Churchill Downs. The popular year round racing circuit in Kentucky makes Mercury Training Center an important private asset for many in the racing industry

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Horse Barns: 3
Number Of Paddocks: 10
Number Of Stalls: 114

Tax & Legal

Tax Rate: 1.1166
Zoning: AR
Directions: Russell Cave north to Long Valley Lane on the right

Utilities

Electricity Connected: Yes
Water Connected: Yes

Fencing

Plank: Yes

Horse Amenities

Barn: Yes

Levels

One and One Half: Yes

Lot Features

Gentle Sloping: Yes
Level: Yes

Sewer

Septic Tank: Yes

View

Water: Yes

Water Source

Pond(s): Yes
Public: Yes

Current Use

Horses: Yes

Possible Use

Horses: Yes

Farm Improvements

Auto Walkers: Yes
Auto Waterers: Yes
Equipment Building(s): Yes
Run-In Shed(s): Yes
Training Track: Yes

Housing

Manager(s): Yes
Other: 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

Documents

Aerial Photo: Yes

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Current Use: Horses Farm Improvements: Auto Walkers; Auto Waterers; Equipment Building(s); Run-In Shed(s); Training Track Fencing: Plank Horse Amenities: Barn Housing: Manager(s); Other Levels: One and One Half Lot Features: Gentle Sloping; Level Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Horses Sewer: Septic Tank View: Water Water Source: Pond(s); Public Showing Requirements: Call Listing Agent; Call Listing Office Documents: Aerial Photo

Listing Office: Biederman Real Estate

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.