2470 Russell Cave Road, Lexington, KY 40511

$850,000
Property Type: Farm Bedrooms: 4 Baths: 3 Square Footage: 3,600 Lot Size (sq. ft.): 3,702,603 Status: Closed
Current Price: $850,000 List Date: 1/27/2015 Last Modified: 9/03/2025

Overview

Description

Tremendous location inside Ironworks Pike with frontage on 2 roads and at the Urban Service line - but with its PDR rights intact. Excellent soils - birthplace of Native Dancer and suitable for any discipline. Across the road from Victory Haven Training Center and minutes from the Kentucky Horse Park and Fasig Tipton.

Listing Details MLS# 1501741

Listing Information

Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2015-10-02T19:54:01Z
Status Change Timestamp
2015-10-02
Purchase Contract Date
2015-09-23
Close Date
2015-10-02
Close Price
850000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
2470
Street Name
Russell Cave
Street Suffix
Road
State
KY
Zip Code
40511
Parcel Number
25674000

Contract

Original List Price
1700000
Start Showing Date
2015-01-12
Listing Contract Date
2015-01-12
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
20000
List Price/SqFt
472.22
Sold Price/Acre
10000
Sold Price/SqFt
236.11
SP/LP
0.5

Tax Legal

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

Interior

Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
3600
Living Area
3600
Basement YN
Yes
Fireplace YN
Yes
Bathrooms Half
0
Above Grade Unfinished Area
0

More Information

Building

Year Built
1913

Lot

Lot Size Acres
85
Lot Size Square Feet
3702603.4

Utilities

Heating YN
Yes
Electricity Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
Tremendous location inside Ironworks Pike with frontage on 2 roads and at the Urban Service line - but with its PDR rights intact. Excellent soils - birthplace of Native Dancer and suitable for any discipline. Across the road from Victory Haven Training Center and minutes from the Kentucky Horse Park and Fasig Tipton.

Other Structures Info

Number Of Horse Barns
2
Number Of Stalls
27

Tax & Legal

Tax Rate
1.0129
Directions
2 Miles from New Circle on right corner of Russell Cave and Faulkner.

Fencing

Plank
Yes
Wire
Yes

Heating

Hot Water
Yes
Natural Gas
Yes

Horse Amenities

Barn
Yes
Hay Storage
Yes

Levels

One and One Half
Yes

Lot Features

Gentle Sloping
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Possible Use

Horses
Yes
Residential
Yes

Farm Improvements

Run-In Shed(s)
Yes

Housing

Main
Yes
Manager(s)
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

Room Types

Bathroom 1
Yes
Bathroom 2
Yes
Bedroom 1
Yes
Bedroom 2
Yes
Bonus Room
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Documents

Aerial Photo
Yes
Other
Yes

Property Features

Utilities: Electricity Available; Natural Gas Connected; Phone Available; Water Available; Electricity Available; Natural Gas Connected; Phone Available; Water Available Current Use: Horses Farm Improvements: Run-In Shed(s) Fencing: Plank; Wire Heating: Hot Water; Natural Gas Horse Amenities: Barn; Hay Storage Housing: Main; Manager(s) Levels: One and One Half Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Horses; Residential Sewer: Septic Tank Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bonus Room; Dining Room; Kitchen; Living Room; Primary Bedroom Documents: Aerial Photo; Other

Room Information

Room Name Remarks
Dining Room
Family Room
Bonus Room
Bedroom 1
Kitchen
Living Room
Primary Bedroom
Bedroom 2
Bathroom 1 Full Bath
Bathroom 2 Full Bath
Listing Office: Justice Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.