3949 Lemons Mill Pike, Lexington, KY 40511

$1,900,000
Property Type: Farm Bedrooms: 4 Baths: 2 Square Footage: 5,890 Lot Size (sq. ft.): 9,278,289 Status: Closed
Current Price: $1,900,000 List Date: 1/16/2015 Last Modified: 9/03/2025

Overview

Description

Cherry Knoll Farm- Here Is The Rare Opportunity To Own One Of Lexington's Distinct Horse Farms Minutes From The World Famous Kentucky Horse Park With Over 213 Acres In Fayette/Scott Counties. Allow The Farm To Pay For Itself! This Opportunity Is Rare! With Over 91 Stalls With Immaculate Barns and Equine Facility, This Farm Allows You To Invest In Your Future While Owning A Piece Of The Kentucky Bluegrass! 5 Barns All In Great Condition, Excellent Paddocks, Barns and 2 Homes and Managers Area Above 1 Barn Totally 3 Separate Living Areas. This Farm Is Quite Possibly The Best Deal On The Market Today

Listing Details MLS# 1501048

Listing Information

Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2017-10-24T22:40:37Z
Status Change Timestamp
2017-10-24
Purchase Contract Date
2017-08-25
Close Date
2017-10-20
Close Price
1900000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
3949
Street Name
Lemons Mill Pike
State
KY
Zip Code
40511
Parcel Number
20422100

Contract

Original List Price
2195000
Start Showing Date
2015-01-16
Listing Contract Date
2015-01-16
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
10305.16
List Price/SqFt
372.67
Sold Price/Acre
8920.19
Sold Price/SqFt
322.58
SP/LP
0.87

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Rural

Interior

Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
5890
Living Area
5890
Fireplace YN
Yes
Bathrooms Half
0
Above Grade Unfinished Area
0

More Information

Parking Information

Garage YN
Yes

Lot

Lot Size Acres
213
Lot Size Square Feet
9278288.52
Conservation Easement YN
No

Utilities

Heating YN
Yes
Electricity Connected
Yes
Propane
Yes

Remarks

Public Remarks
Cherry Knoll Farm- Here Is The Rare Opportunity To Own One Of Lexington's Distinct Horse Farms Minutes From The World Famous Kentucky Horse Park With Over 213 Acres In Fayette/Scott Counties. Allow The Farm To Pay For Itself! This Opportunity Is Rare! With Over 91 Stalls With Immaculate Barns and Equine Facility, This Farm Allows You To Invest In Your Future While Owning A Piece Of The Kentucky Bluegrass! 5 Barns All In Great Condition, Excellent Paddocks, Barns and 2 Homes and Managers Area Above 1 Barn Totally 3 Separate Living Areas. This Farm Is Quite Possibly The Best Deal On The Market Today

Land Details

Number Of Fields
10

Other Structures Info

Number Of Horse Barns
5
Number Of Paddocks
21
Number Of Stalls
90

Showing Information

Showing Instructions
Call/Text Listing Agent at 859-559-5969

Tax & Legal

Tax Rate
0.9899
Zoning
AR
Directions
From 75- Newtown To Right On IronWorks Pike. Left Onto Mt. Horeb To Lemons Mill. Property On Right

Fencing

V-Mesh
Yes

Heating

Electric
Yes
Forced Air
Yes
Heat Pump
Yes
Propane Tank Leased
Yes

Horse Amenities

Barn
Yes

Levels

One and One Half
Yes

Lot Features

Gentle Sloping
Yes

Private Pool Features

In Ground
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Possible Use

Horses
Yes
Residential
Yes

Housing

Guest
Yes
Main
Yes
Manager(s)
Yes

Possession Farm Land

Negotiable
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Electricity Connected; Propane; Electricity Connected; Propane Current Use: Horses Fencing: V-Mesh Heating: Electric; Forced Air; Heat Pump; Propane Tank Leased Horse Amenities: Barn Housing: Guest; Main; Manager(s) Levels: One and One Half Lot Features: Gentle Sloping Possession Farm Land: Negotiable Possession Main House: Close Of Escrow Possible Use: Horses; Residential Private Pool Features: In Ground Sewer: Septic Tank Water Source: Public Showing Requirements: Call Listing Agent

Room Information

Room Name
Dining Room
Family Room
Great Room
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.