440 Johnston Road, Lexington, KY 40516
$1,600,000
Property Type:
Farm
Lot Size (sq. ft.):
492,664
Status:
Closed
Current Price:
$1,600,000
List Date:
10/02/2023
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 23000454
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Farm
Status Change Information
- Price Change Timestamp
- 2023-10-10T14:17:47Z
- Status Change Timestamp
- 2024-01-17
- Purchase Contract Date
- 2023-11-17
- Close Date
- 2024-01-17
- Close Price
- 1600000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- no
Address
- County
- Fayette
- Street Number
- 440
- Street Name
- Johnston
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40516
- Parcel Number
- 19964520
Contract
- Original List Price
- 1995000
- Start Showing Date
- 2023-01-09
- Listing Contract Date
- 2023-01-09
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/Acre
- 148010.61
- Sold Price/Acre
- 141467.73
- SP/LP
- 0.96
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Rural
- High School District
- Fayette County - 1
Lot
- Lot Size Acres
- 11.31
- Lot Size Square Feet
- 492664
- Lot Size Dimensions
- 580x840
- Conservation Easement YN
- No
- View YN
- Yes
More Information
Remarks
- Public Remarks
- 11 acre Farm and Training Facility adjacent to the Kentucky Thoroughbred Training Center! This is a great opportunity to purchase an extremely well located property with built in business opportunity. The facility is 11.3 acres with a 100x220 metal building which houses a State of the Art equine swimming pool, ECB Saltwater Cold Spa (new), 14 stalls, 5 wash bays, office/lounge, 60x70 open exercise area, tack and feed rooms etc. Additionally there are 8 outside shed row stalls with adjacent 24x52 metal building w/ bath and office, 10 paddocks and a field for outside gallop/exercise and ample space for trailer turning and parking. The current owner has an arrangement with the Training Center to use the adjacent one mile training track on a per horse per day basis. Great Location and Opportunity!
Land Details
- Farm With House YN
- No
Other Structures Info
- Number Of Stalls
- 22
Property Features
Utilities:
Electricity Connected; Water Connected; Electricity Connected; Water Connected
Current Use:
Horses
Farm Improvements:
Equipment Building(s); Office; Silo(s)
Fencing:
Plank
Horse Amenities:
Hay Storage
Lot Features:
Level
Other Structures:
Workshop
Possession Farm Land:
Close Of Escrow; Negotiable
Possible Use:
Horses
Sewer:
Septic Tank
View:
Farm
Water Source:
Public
Showing Requirements:
Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; No Sign
Listing Office:
Biederman Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.