363 Pasadena Drive, Lexington, KY 40503

$617,210
Property Type: Land Lot Size (sq. ft.): 94,090 Status: Closed
Current Price: $617,210 List Date: 6/30/2023 Last Modified: 9/03/2025

Overview

Description

PRIME DEVELOPMENT LAND IN FAYETTE COUNTY!!! ±2.2 Acres in the heart of Lexington. Buyer to confirm potential zoning changes. Currently zoned R-1C. This property is to be sold at ONLINE ONLY auction beginning on Wed., July 12, 2023 at 12 Noon with bids ENDING on Tuesday, July 18, 2023 at 6:00 PM with a 3-minute soft close. Pre-auction offers are invited under the same auction terms and conditions. Terms & Conditions are as follows: As Is/Non-Contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all bids/offers/Subject to Seller Confirmation. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855 or Jim Halfhill, Principal Auctioneer, 859-338-5764.

Listing Details MLS# 23011554

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2023-08-21
Purchase Contract Date
2023-07-19
Close Date
2023-08-18
Close Price
617210
Buyer Financing
Other
Sale Type
Auction Sale
Concessions Comments
N/A

Address

County
Fayette
Street Number
363
Street Name
Pasadena
Street Suffix
Drive
State
KY
Zip Code
40503
Directions
From New Circle Road (West), right on Nicholasville Road (inbound), left on Pasadena, property will be on the right just past Regency Road.
Parcel Number
22777100

Contract

Original List Price
880000
Start Showing Date
2023-06-21
Listing Contract Date
2023-06-20
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
407407.41
List Price/SqFt
9.35
Sold Price/Acre
285745.37
Sold Price/SqFt
6.56
SP/LP
0.7

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Open Gates

Lot

Lot Size Acres
2.16
Lot Size Square Feet
94090

More Information

Remarks

Public Remarks
PRIME DEVELOPMENT LAND IN FAYETTE COUNTY!!! ±2.2 Acres in the heart of Lexington. Buyer to confirm potential zoning changes. Currently zoned R-1C. This property is to be sold at ONLINE ONLY auction beginning on Wed., July 12, 2023 at 12 Noon with bids ENDING on Tuesday, July 18, 2023 at 6:00 PM with a 3-minute soft close. Pre-auction offers are invited under the same auction terms and conditions. Terms & Conditions are as follows: As Is/Non-Contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all bids/offers/Subject to Seller Confirmation. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855 or Jim Halfhill, Principal Auctioneer, 859-338-5764.

Property Details

Paved Street Available YN
Yes
Sidewalk Available YN
Yes
Sidewalk Location
Front

Showing Information

Showing Instructions
Show land anytime. Contact auctioneer to see house. (859) 338-5764 or (859) 333-1855

Tax & Legal

Zoning Description
R-1C

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Lot Features

Irregular Lot
Yes

Special Listing Conditions

Auction
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Lot Features: Irregular Lot Special Listing Conditions: Auction
Listing Office: Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.