2399 Long Valley Lane, Lexington, KY 40511

$875,000
Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 1,960 Lot Size (sq. ft.): 683,892 Status: Closed
Current Price: $875,000 List Date: 6/03/2024 Last Modified: 9/04/2025

Overview

Description

This former portion of Spendthrift Farm sports super land with maury silt soil, a 20 stall barn with 14' x12' (mostly), wash stall (redone), storage area (size of 2 stalls), feed room, new 200 amp electric service, 2 tack rooms with mini-splits for HVAC and 1 room has a full bathroom. The 15.7 acre farm also has a covered European style walker, multiple paddocks, a few outbuildings, automatic waterers, and new water lines. The land is level and easy to add a ring. There is also a 1,960 square foot house with 3 bedrooms and 2 full bathrooms with updated kitchen, bathrooms, plumbing and septic. The farm is located on a quiet street just off of Russell Cave Road and is less than 10 minutes to the Kentucky Horse Park or New Circle Road.

Listing Details MLS# 24011250

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2024-09-27
Purchase Contract Date
2024-08-13
Close Date
2024-09-27
Close Price
875000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
None

Address

County
Fayette
Street Number
2399
Street Name
Long Valley
Street Suffix
Lane
State
KY
Zip Code
40511
Parcel Number
20051110

Contract

Original List Price
980000
Start Showing Date
2024-06-03
Listing Contract Date
2024-06-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
62420.38
List Price/SqFt
500
Sold Price/Acre
55732.48
Sold Price/SqFt
446.43
SP/LP
0.89

Tax Legal

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

Interior

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
1960
Living Area
1960
Fireplace YN
Yes
Bathrooms Half
0

More Information

Building

Year Built
1960

Lot

Lot Size Source
Public Records
Lot Size Acres
15.7
Lot Size Square Feet
683892
Lot Size Dimensions
15.7 acres
Conservation Easement YN
No
View YN
Yes

Utilities

Heating YN
Yes
Electricity Connected
Yes
Propane
Yes
Water Connected
Yes

Remarks

Public Remarks
This former portion of Spendthrift Farm sports super land with maury silt soil, a 20 stall barn with 14' x12' (mostly), wash stall (redone), storage area (size of 2 stalls), feed room, new 200 amp electric service, 2 tack rooms with mini-splits for HVAC and 1 room has a full bathroom. The 15.7 acre farm also has a covered European style walker, multiple paddocks, a few outbuildings, automatic waterers, and new water lines. The land is level and easy to add a ring. There is also a 1,960 square foot house with 3 bedrooms and 2 full bathrooms with updated kitchen, bathrooms, plumbing and septic. The farm is located on a quiet street just off of Russell Cave Road and is less than 10 minutes to the Kentucky Horse Park or New Circle Road.

Land Details

Farm With House YN
Yes
Number Of Fields
2

Other Structures Info

Number Of Horse Barns
Yes
Number Of Paddocks
6
Number Of Stalls
20

Showing Information

Showing Instructions
Call listing agent

Tax & Legal

Elementary School
Russell Cave
Middle Or Junior School
Winburn
High School
Bryan Station
Tax Rate
1.0893
Zoning
AR
Directions
Russell Cave Road outbound approximately 5 miles North of Iron Works Pike turn right onto Long Valley Lane. The farm is on the left. No sign.

Architectural Style

Ranch
Yes

Cooling

Central Air
Yes

Fencing

Plank
Yes
V-Mesh
Yes

Flooring

Hardwood
Yes

Heating

Heat Pump
Yes

Horse Amenities

Barn
Yes
Hay Storage
Yes

Levels

One
Yes

Lot Features

Cleared
Yes
Gentle Sloping
Yes
Level
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Farm
Yes
Rural
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Possible Use

Horses
Yes
Pasture
Yes
Residential
Yes

Farm Improvements

Auto Walkers
Yes
Auto Waterers
Yes
Equipment Building(s)
Yes
Office
Yes
Run-In Shed(s)
Yes

Housing

Manager(s)
Yes

Possession Auxiliary Dwelling

Close Plus 30 Days
Yes

Possession Farm Land

Close Plus 30 Days
Yes

Possession Main House

Close Plus 30 Days
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Room Types

Bathroom 1
Yes
Bathroom 2
Yes
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Kitchen
Yes
Living Room
Yes

Documents

Aerial Photo
Yes
Sellers Disclosure Of Property Condition
Yes
Other
Yes

Property Features

Utilities: Electricity Connected; Propane; Water Connected; Electricity Connected; Propane; Water Connected Architectural Style: Ranch Cooling: Central Air Current Use: Horses Farm Improvements: Auto Walkers; Auto Waterers; Equipment Building(s); Office; Run-In Shed(s) Fencing: Plank; V-Mesh Flooring: Hardwood Heating: Heat Pump Horse Amenities: Barn; Hay Storage Housing: Manager(s) Levels: One Lot Features: Cleared; Gentle Sloping; Level Possession Auxiliary Dwelling: Close Plus 30 Days Possession Farm Land: Close Plus 30 Days Possession Main House: Close Plus 30 Days Possible Use: Horses; Pasture; Residential Sewer: Septic Tank Structure Type: House View: Farm; Rural Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bedroom 3; Kitchen; Living Room Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Room Information

Room Name Remarks
Den
Great Room
Living Room
Kitchen
Bedroom 1
Bathroom 1 Full Bath
Bedroom 2
Bathroom 2 Full Bath
Bedroom 3
Listing Office: Turf Town Properties
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.