2501 Royster, Lexington, KY 40516 (MLS# 1519644)

2501 Royster, Lexington, KY 40516

$1,500,000

Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 2,795 Lot Size (sq. ft.): 5,532,125 Status: Closed

Current Price: $1,500,000 List Date: 9/04/2015 Last Modified: 9/03/2025

Overview

Description

Crestfield Farm gives you the rare opportunity to acquire a true horseman's farm that's known for producing winners - a quality that should never be overlooked. Having raised or sold over 75 stakes winners, including 5 Champions on this farm, Mr. Robert Courtney, Sr., has developed a horse farm with that hard boot wisdom anyone would be proud to own. This well-maintained 127 acre turn-key farm consists of 44 stalls in 5 barns, a shop, detached office, 2 run-in sheds, 5-horse Stratton walker, 4 large fields, and 14 paddocks. Stately and mature sycamore trees line the entrance to the charming main house. This 3 bedroom, 2 bath home was built around a c.1772 log house and features a lovely dining room, elegant living room, and updated baths and kitchen. A 3 bedroom, 1.5 bath manager's home and a 2 bedroom modular home are also included. With easy access to Keeneland and the Kentucky Horse Park, Crestfield presents a wonderful opportunity to acquire a tremendous horse farm.

Listing Details MLS# 1519644

Listing Information

Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2017-12-01T14:27:25Z
Status Change Timestamp: 2017-12-01
Purchase Contract Date: 2017-11-27
Close Date: 2017-11-30
Close Price: 1500000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 2501
Street Name: Royster
State: KY
Zip Code: 40516
Parcel Number: 21375200

Contract

Original List Price: 1995000
Start Showing Date: 2015-09-04
Listing Contract Date: 2015-09-04
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 15118.11
List Price/SqFt: 686.94
Sold Price/Acre: 11811.02
Sold Price/SqFt: 536.67
SP/LP: 0.78

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: 2795
Living Area: 2795
Fireplace YN: Yes
Bathrooms Half: 0
Above Grade Unfinished Area: 0

More Information

Lot

Lot Size Acres: 127
Lot Size Square Feet: 5532125.08
Conservation Easement YN: Yes

Utilities

Heating YN: Yes
Electricity Connected: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: Crestfield Farm gives you the rare opportunity to acquire a true horseman's farm that's known for producing winners - a quality that should never be overlooked. Having raised or sold over 75 stakes winners, including 5 Champions on this farm, Mr. Robert Courtney, Sr., has developed a horse farm with that hard boot wisdom anyone would be proud to own. This well-maintained 127 acre turn-key farm consists of 44 stalls in 5 barns, a shop, detached office, 2 run-in sheds, 5-horse Stratton walker, 4 large fields, and 14 paddocks. Stately and mature sycamore trees line the entrance to the charming main house. This 3 bedroom, 2 bath home was built around a c.1772 log house and features a lovely dining room, elegant living room, and updated baths and kitchen. A 3 bedroom, 1.5 bath manager's home and a 2 bedroom modular home are also included. With easy access to Keeneland and the Kentucky Horse Park, Crestfield presents a wonderful opportunity to acquire a tremendous horse farm.

Land Details

Number Of Fields: 4

Other Structures Info

Number Of Horse Barns: 5
Number Of Paddocks: 14
Number Of Stalls: 44

Tax & Legal

Tax Rate: 1.0129
Directions: Out Winchester Road (US 60) to Royster Road. Farm is 2.6 miles on right. Crestfield Farm.

Cooling

Central Air: Yes

Fencing

Plank: Yes

Flooring

Hardwood: Yes

Heating

Electric: Yes
Forced Air: Yes
Heat Pump: Yes
Other: Yes

Horse Amenities

Barn: Yes
Hay Storage: Yes

Interior Features

Entrance Foyer: Yes

Levels

One: Yes

Lot Features

Gentle Sloping: Yes

Other Structures

Workshop: Yes

Sewer

Septic Tank: Yes

Water Source

Public: Yes

Current Use

Horses: Yes

Possible Use

Horses: Yes

Farm Improvements

Office: Yes
Run-In Shed(s): Yes
Silo(s): Yes

Housing

Main: Yes
Manager(s): Yes
Tenant(s): Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Close Of Escrow: Yes

Possession Main House

Negotiable: Yes

Showing Requirements

Call Listing Agent: Yes
Call Listing Office: Yes
Listing Agent Must Accompany: Yes

Room Types

Bathroom 1: Yes
Bedroom 1: Yes
Den: Yes
Dining Room: Yes
Foyer: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes
Utility Room: Yes

Documents

Aerial Photo: Yes
Other: Yes

Property Features

Utilities: Electricity Connected; Phone Available; Water Available; Electricity Connected; Phone Available; Water Available Cooling: Central Air Current Use: Horses Farm Improvements: Office; Run-In Shed(s); Silo(s) Fencing: Plank Flooring: Hardwood Heating: Electric; Forced Air; Heat Pump; Other Horse Amenities: Barn; Hay Storage Housing: Main; Manager(s); Tenant(s) Interior Features: Entrance Foyer Levels: One Lot Features: Gentle Sloping Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Close Of Escrow Possession Main House: Negotiable Possible Use: Horses Sewer: Septic Tank Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany Room Types: Bathroom 1; Bedroom 1; Den; Dining Room; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room Documents: Aerial Photo; Other

Room Information

Room Name	Remarks
Den
Dining Room
Bedroom 1
Foyer
Kitchen
Living Room
Primary Bedroom
Utility Room
Bathroom 1	Full Bath

Listing Office: Justice Real Estate

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.