2450 Stepstone Road, Mt Sterling, KY 40353 (MLS# 1415658)

2450 Stepstone Road, Mt Sterling, KY 40353

$1,000,000

Property Type: Farm Lot Size (sq. ft.): 11,456,291 Status: Closed

Current Price: $1,000,000 List Date: 8/07/2014 Last Modified: 9/03/2025

Overview

Description

A truly remarkable farm that has been in the same family for over 60 years. 263+- acres of level to rolling acreage currently used as a cattle and hay operation. Includes a very nice 6 bent tobacco barn built in the 70s. The view from this farm as you turn down Howards Mill Rd is spectacular. If you continue down Stepstone Road, the farm goes all the way to Turley Rd. There is over a mile of road frontage. This farm is within a mile of I-64 and will be a fantastic development at some point in time. Farms like this don't come along often.

Listing Details MLS# 1415658

Listing Information

Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2014-11-26T16:12:43Z
Status Change Timestamp: 2014-11-26
Purchase Contract Date: 2014-08-29
Close Date: 2014-11-26
Close Price: 1000000
Buyer Financing: Cash

Address

County: Montgomery
Street Number: 2450
Street Name: Stepstone
Street Suffix: Road
State: KY
Zip Code: 40353

Contract

Original List Price: 1249000
Start Showing Date: 2014-06-27
Listing Contract Date: 2014-06-27
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 4749.05
Sold Price/Acre: 3802.28
SP/LP: 0.8

Tax Legal

MLS Area Major: 018 - Montgomery County
Subdivision Name: Rural
High School District: Montgomery County - 18

Lot

Lot Size Acres: 263
Lot Size Square Feet: 11456290.52

More Information

Remarks

Public Remarks: A truly remarkable farm that has been in the same family for over 60 years. 263+- acres of level to rolling acreage currently used as a cattle and hay operation. Includes a very nice 6 bent tobacco barn built in the 70s. The view from this farm as you turn down Howards Mill Rd is spectacular. If you continue down Stepstone Road, the farm goes all the way to Turley Rd. There is over a mile of road frontage. This farm is within a mile of I-64 and will be a fantastic development at some point in time. Farms like this don't come along often.

Other Structures Info

Number Of Tobacco Barns: Yes

Tax & Legal

Elementary School: Mt Sterling
Middle Or Junior School: McNabb
High School: Montgomery Co
Tax Rate: 0.0962
Directions: From Exit 113 on I-64, go west on US 60. Go 1/4 mile, turn left on 1331. Go 11 yards, turn left on Stepstone Rd. Go 1/4 mile, farm is on the right of Stepstone and the left of Howards Mill Rd.

Interior

Living Area: 0
Bathrooms Half: 0
Above Grade Finished Area: 0
Above Grade Unfinished Area: 0

Utilities

Electricity Available: Yes
Phone Available: Yes
Water Available: Yes

Fencing

Wire: Yes

Lot Features

Gentle Sloping: Yes
Level: Yes

Water Source

Pond(s): Yes

Current Use

Agricultural: Yes
Cattle: Yes
Pasture: Yes

Possible Use

Agricultural: Yes
Cattle: Yes
Horses: Yes
Pasture: Yes
Residential: Yes

Farm Improvements

Tobacco Barn(s): Yes

Housing

Tenant(s): Yes

Possession Auxiliary Dwelling

Close Of Escrow: Yes

Possession Farm Land

Negotiable: Yes

Showing Requirements

Call Listing Agent: Yes
Call Listing Office: Yes

Documents

Aerial Photo: Yes

Property Features

Utilities: Electricity Available; Phone Available; Water Available; Electricity Available; Phone Available; Water Available Current Use: Agricultural; Cattle; Pasture Farm Improvements: Tobacco Barn(s) Fencing: Wire Housing: Tenant(s) Lot Features: Gentle Sloping; Level Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Negotiable Possible Use: Agricultural; Cattle; Horses; Pasture; Residential Water Source: Pond(s) Showing Requirements: Call Listing Agent; Call Listing Office Documents: Aerial Photo

Listing Office: Caswell Prewitt Realty, Inc

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.