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
Tax & Legal
- Tax Rate
- 1.1166
- Zoning
- AR
- Directions
- North on Paris Pike, turn Right onto Johnston Road just past the Thoroughbred Center. Driveway is about .5 miles ahead on the right and is the 2nd property up the driveway on the left
Interior
- Living Area
- 0
- Above Grade Finished Area
- 0
Utilities
- Electricity Connected
- Yes
- Water Connected
- Yes
Fencing
- Plank
- Yes
Horse Amenities
- Hay Storage
- Yes
Lot Features
- Level
- Yes
Other Structures
- Workshop
- Yes
Sewer
- Septic Tank
- Yes
View
- Farm
- Yes
Water Source
- Public
- Yes
Current Use
- Horses
- Yes
Possible Use
- Horses
- Yes
Farm Improvements
- Equipment Building(s)
- Yes
- Office
- Yes
- Silo(s)
- Yes
Possession Farm Land
- Close Of Escrow
- Yes
- Negotiable
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
- Listing Agent Must Accompany
- Yes
- No Sign
- Yes
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.