3435 Pegasus Lane, Lexington, KY 40511
$975,000
Property Type:
Farm
Bedrooms:
2
Baths:
2
Square Footage:
960
Lot Size (sq. ft.):
689,555
Status:
Closed
Current Price:
$975,000
List Date:
10/18/2024
Last Modified:
9/04/2025
Overview
Description
Listing Details MLS# 24021998
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Farm
Status Change Information
- Status Change Timestamp
- 2024-12-06
- Purchase Contract Date
- 2024-11-09
- Close Date
- 2024-12-06
- Close Price
- 975000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 3435
- Street Name
- Pegasus
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 19986760
Contract
- Original List Price
- 995000
- Start Showing Date
- 2024-10-18
- Listing Contract Date
- 2024-10-18
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 62855.34
- List Price/SqFt
- 1036.46
- Sold Price/Acre
- 61591.91
- Sold Price/SqFt
- 1015.63
- SP/LP
- 0.98
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Rural
Interior
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Above Grade Finished Area
- 960
- Living Area
- 960
More Information
Building
- Year Built
- 2024
Lot
- Lot Size Source
- Assessor
- Lot Size Acres
- 15.83
- Lot Size Square Feet
- 689555
- Lot Size Dimensions
- 15.83 acres
- Conservation Easement YN
- No
- View YN
- Yes
Remarks
- Public Remarks
- Located just 3.2 miles form Iron Works and only 5 miles to the entrance of the Kentucky Horse Park, this 15.8 acre horse farm is suitable for any discipline. The show horse world will truly appreciate its quality improvements and great location in the immediate area of Kessler Show Stables, Six Winters, and the newly developed Lagado Farm at Mt. Horeb. It would also be an excellent sales prep facility with its 26- stall horse barn with jog around and six horse Swedish Walker. Housing includes an office/groom's quarters with full bath in the barn; and currently under construction- a two bedroom, two bathroom Morton Building.
Land Details
- Farm With House YN
- Yes
Other Structures Info
- Number Of Horse Barns
- Yes
- Number Of Stalls
- 26
Showing Information
- Showing Instructions
- Do not drive onto farm without an appointment - no exceptions - speak with listing agent before showing and please have downloaded the aerial before speaking with listing agent.
Tax & Legal
- Tax Rate
- 1.0893
- Zoning
- AR
- Directions
- Turn onto Mt. Horeb from Iron Works. Mt Horeb makes a large turn and then goes to the right. At that point, stay straight (you're on Lemons Mill), turn left onto second driveway.
Utilities
- Electricity Connected
- Yes
- Water Connected
- Yes
Architectural Style
- Ranch
- Yes
Fencing
- Plank
- Yes
- V-Mesh
- Yes
Horse Amenities
- Barn
- Yes
- Hay Storage
- Yes
Levels
- One
- Yes
Lot Features
- Gentle Sloping
- Yes
Sewer
- Septic Tank
- Yes
View
- Farm
- Yes
Water Source
- Public
- Yes
Current Use
- Horses
- Yes
Possible Use
- Horses
- Yes
Farm Improvements
- Auto Walkers
- Yes
- Office
- Yes
Housing
- Manager(s)
- Yes
- Other
- Yes
Possession Farm Land
- Negotiable
- Yes
Possession Main House
- Negotiable
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
- No Sign
- Yes
Documents
- Aerial Photo
- Yes
- Other
- Yes
Property Features
Utilities:
Electricity Connected; Water Connected; Electricity Connected; Water Connected
Architectural Style:
Ranch
Current Use:
Horses
Farm Improvements:
Auto Walkers; Office
Fencing:
Plank; V-Mesh
Horse Amenities:
Barn; Hay Storage
Housing:
Manager(s); Other
Levels:
One
Lot Features:
Gentle Sloping
Possession Farm Land:
Negotiable
Possession Main House:
Negotiable
Possible Use:
Horses
Sewer:
Septic Tank
View:
Farm
Water Source:
Public
Showing Requirements:
Call Listing Agent; Call Listing Office; No Sign
Documents:
Aerial Photo; Other
Listing Office:
Justice Real Estate
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.