4050 Old Frankfort Pike, Lexington, KY 40510
$1,437,500
Property Type:
Farm
Bedrooms:
6
Baths:
6
Square Footage:
5,088
Lot Size (sq. ft.):
871,200
Status:
Closed
Current Price:
$1,437,500
List Date:
9/29/2023
Last Modified:
9/04/2025
Overview
Description
Listing Details MLS# 23018966
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Farm
Status Change Information
- Price Change Timestamp
- 2023-11-07T19:47:59Z
- Status Change Timestamp
- 2023-12-21
- Purchase Contract Date
- 2023-11-09
- Close Date
- 2023-12-19
- Close Price
- 1437500
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 4050
- Street Name
- Old Frankfort
- Street Suffix
- Pike
- State
- KY
- Zip Code
- 40510
- Parcel Number
- 26485600
Contract
- Original List Price
- 1599000
- Start Showing Date
- 2023-09-29
- Listing Contract Date
- 2023-09-29
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/Acre
- 76250
- List Price/SqFt
- 299.72
- Sold Price/Acre
- 71875
- Sold Price/SqFt
- 282.53
- SP/LP
- 0.94
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Rural
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 6
- Bathrooms Total
- 6
- Bathrooms Full
- 5
- Bathrooms Half
- Yes
- Above Grade Finished Area
- 3860
- Below Grade Finished Area
- 1228
- Below Grade Unfinished Area
- 104
- Living Area
- 5088
- Above Grade Unfinished Area
- 0
More Information
Building
- Year Built
- 9999
Lot
- Lot Size Source
- Public Records
- Lot Size Acres
- 20
- Lot Size Square Feet
- 871200
- Lot Size Dimensions
- 20 Acres
- Conservation Easement YN
- Yes
- View YN
- Yes
Utilities
- Heating YN
- Yes
Remarks
- Public Remarks
- Located along the desirable Old Frankfort Pike (a federally designated scenic byway), Royal Farm is perfectly situated amongst legendary farms including Calumet, Darby Dan, Donamire, Stonestreet, Three Chimneys, and Windhaven. Accessed by a lovely tree-lined drive, fine views abound across the farm's 20 acres. One field and two paddocks add utility for equestrians. Mature trees and plantings enhance the landscape. The well-sized 6BR, 5.5BA house has been stylishly updated with modern finishes. Large windows and French doors ensure abundant light, while a series of porches add space for indoor & outdoor entertaining. The home's fireplaces delight on cold evenings. At 10 minutes from downtown or Keeneland & only 12 minutes from the LEX airport, the best of the Bluegrass is at one's fingertips. The premium address and convenient location make the farm a most rare Fayette County offering.
Land Details
- Farm With House YN
- Yes
Other Structures Info
- Number Of Tobacco Barns
- 2
- Number Of Stalls
- 9
Showing Information
- Showing Instructions
- Showings strictly by appointment only with a proof of funds or preapproval letter emailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. LA accompany. Do not attempt to drive on the farm without an appointment.
Tax & Legal
- Elementary School
- Meadowthorpe
- Middle Or Junior School
- Leestown
- High School
- Dunbar
- Tax Rate
- 1.0893
- Directions
- From Lexington: Old Frankfort Pike outbound; farm is on the left after Elkchester Road.
Heating
- Zoned
- Yes
Levels
- Two
- Yes
Sewer
- Septic Tank
- Yes
Structure Type
- House
- Yes
View
- Farm
- Yes
- Rural
- Yes
- Trees/Woods
- Yes
Water Source
- Public
- Yes
Current Use
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Listing Agent Must Accompany
- Yes
- Showing Service
- Yes
Room Types
- Bathroom 1
- Yes
- Bathroom 2
- Yes
- Bathroom 3
- Yes
- Bathroom 4
- Yes
- Bathroom 5
- Yes
- Bedroom 1
- Yes
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Bedroom 4
- Yes
- Bonus Room
- Yes
- Dining Room
- Yes
- Family Room
- Yes
- Foyer
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
- Utility Room
- Yes
Property Features
Current Use:
Other
Heating:
Zoned
Levels:
Two
Sewer:
Septic Tank
Structure Type:
House
View:
Farm; Rural; Trees/Woods
Water Source:
Public
Showing Requirements:
Call Listing Agent; Listing Agent Must Accompany; Showing Service
Room Types:
Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bathroom 5; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bonus Room; Dining Room; Family Room; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room
Room Information
| Room Name | Remarks |
|---|---|
| Primary Bedroom | |
| Bedroom 1 | |
| Bedroom 2 | |
| Bedroom 3 | |
| Bedroom 4 | |
| Bathroom 1 | Full Bath |
| Bathroom 2 | Full Bath |
| Bathroom 3 | Full Bath |
| Bathroom 4 | Full Bath |
| Bathroom 5 | Half Bath |
| Foyer | |
| Living Room | |
| Family Room | |
| Dining Room | |
| Kitchen | |
| Utility Room | |
| Bonus Room |
Listing Office:
Kirkpatrick & Company
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.