4400-4434 Paris Pike, Lexington, KY 40511
New Listing
$18,900,000
Property Type:
Farm
Bedrooms:
5
Baths:
6
Square Footage:
8,200
Lot Size (sq. ft.):
6,185,520
Status:
Active
Current Price:
$18,900,000
List Date:
8/07/2026
Last Modified:
8/07/2026
Overview
Description
...
(Read more)
We are honored to present historic Payson Stud available for purchase. This legendary farm property consists of 142 acres along the famed Paris Pike in Lexington, Kentucky and is the epicenter of the Central Kentucky Bluegrass region. Anchored by the iconic 1850 John McMurty built Greek Revival Mansion, featuring 2 ½ stories and 8200 square feet that are currently undergoing a total renovation while thoughtfully preserving the unique history of the property and outbuildings. Included in the 10 acre curtilage surrounding the Mansion is a beautifully restored 1550 sqft 2 story brick residence (c.1850) with additions, and The Cottage, an elegantly renovated 1600 sqft brick residence- a favorite of the former property steward Virginia Kraft Payson. (The 10.7 acres with Main Residence and guest houses may be purchased separately, with inquiries directed to the listing agent.) The 132 acre improved horse farm portion has a secure place in the history of Kentucky's signature horse industry as the former home of champions from several breeds, including Classic and Kentucky Derby winners throughout the years. With 4 excellent barns housing over 77 stalls, 2 large run in sheds, 4 large fields, and 16 paddocks, the property is well designed and equipped for raising top quality horses. This is a generational opportunity to purchase a property steeped in the history of the Thoroughbred and one that has been completely and thoroughly renovated to present a truly unique turn-key opportunity to a discerning new steward.
Listing Details MLS# 26021280
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Farm
Status Change Information
- Status Change Timestamp
- 2026-08-07
Address
- County
- Fayette
- Street Number
- 4400-4434
- Street Name
- Paris
- Street Suffix
- Pike
- State
- KY
- Zip Code
- 40511
- Zip +4
- 8428
- Parcel Number
- 24928500 24928400
Contract
- Original List Price
- 18900000
- Start Showing Date
- 2026-08-07
- Listing Contract Date
- 2026-08-06
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 133098.59
- List Price/SqFt
- 2304.88
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
Interior
- Bedrooms Total
- 5
- Bathrooms Total
- 6
- Bathrooms Full
- 5
- Bathrooms Half
- Yes
- Above Grade Finished Area
- 8200
- Living Area
- 8200
- Living Area Units
- Square Feet
- Living Area Source
- Listing Agent Measured
- Basement YN
- Yes
- Fireplace YN
- Yes
- Below Grade Finished Area
- 0
More Information
Parking Information
- Garage YN
- Yes
Building
- Year Built
- 1850
Lot
- Lot Size Source
- Public Records
- Lot Size Acres
- 142
- Lot Size Square Feet
- 6185520
- Road Frontage Feet
- 5300
- Conservation Easement YN
- No
- View YN
- Yes
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- We are honored to present historic Payson Stud available for purchase. This legendary farm property consists of 142 acres along the famed Paris Pike in Lexington, Kentucky and is the epicenter of the Central Kentucky Bluegrass region. Anchored by the iconic 1850 John McMurty built Greek Revival Mansion, featuring 2 ½ stories and 8200 square feet that are currently undergoing a total renovation while thoughtfully preserving the unique history of the property and outbuildings. Included in the 10 acre curtilage surrounding the Mansion is a beautifully restored 1550 sqft 2 story brick residence (c.1850) with additions, and The Cottage, an elegantly renovated 1600 sqft brick residence- a favorite of the former property steward Virginia Kraft Payson. (The 10.7 acres with Main Residence and guest houses may be purchased separately, with inquiries directed to the listing agent.) The 132 acre improved horse farm portion has a secure place in the history of Kentucky's signature horse industry as the former home of champions from several breeds, including Classic and Kentucky Derby winners throughout the years. With 4 excellent barns housing over 77 stalls, 2 large run in sheds, 4 large fields, and 16 paddocks, the property is well designed and equipped for raising top quality horses. This is a generational opportunity to purchase a property steeped in the history of the Thoroughbred and one that has been completely and thoroughly renovated to present a truly unique turn-key opportunity to a discerning new steward.
Land Details
- Farm With House YN
- Yes
- Number Of Fields
- 4
Other Structures Info
- Number Of Horse Barns
- 4
- Number Of Paddocks
- 16
- Number Of Stalls
- 77
Showing Information
- Showing Instructions
- Listing agent accompany, Proof of funds may be requested
Room Types
- Dining Room Level
- First
- Kitchen Level
- First
- Primary Bedroom Level
- Second
- Dining Room
- Yes
- Kitchen
- Yes
- Primary Bedroom
- Yes
Tax & Legal
- Tax Rate
- 1.0908
- Zoning
- AG
- Directions
- From downtown Lexington, 8 miles north on Paris Pike, property on the right. The corner of Paris Pike and Muir Station Road
Architectural Style
- Colonial
- Yes
Cooling
- Central Air
- Yes
- Heat Pump
- Yes
- Zoned
- Yes
Fencing
- Plank
- Yes
Flooring
- Hardwood
- Yes
- Tile
- Yes
Heating
- Heat Pump
- Yes
Horse Amenities
- Barn
- Yes
- Hay Storage
- Yes
- Paddocks
- Yes
- Pasture
- Yes
- Stable(s)
- Yes
- Tack Room
- Yes
- Wash Rack
- Yes
Interior Features
- Elevator
- Yes
- Entrance Foyer
- Yes
- Walk-In Closet(s)
- Yes
Levels
- Three Or More
- Yes
Private Pool Features
- In Ground
- Yes
Sewer
- Septic Tank
- Yes
Structure Type
- House
- Yes
View
- Farm
- Yes
Water Source
- Public
- Yes
Current Use
- Agricultural
- Yes
- Horses
- Yes
- Pasture
- Yes
Possible Use
- Agricultural
- Yes
- Horses
- Yes
Farm Improvements
- Auto Waterers
- Yes
- Equipment Building(s)
- Yes
- Run-In Shed(s)
- Yes
Housing
- Guest
- Yes
- Main
- Yes
- Other
- Yes
Possession Auxiliary Dwelling
- Negotiable
- Yes
Possession Farm Land
- Negotiable
- Yes
Possession Main House
- Negotiable
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
Property Features
Architectural Style:
Colonial
Cooling:
Central Air; Heat Pump; Zoned
Current Use:
Agricultural; Horses; Pasture
Farm Improvements:
Auto Waterers; Equipment Building(s); Run-In Shed(s)
Fencing:
Plank
Flooring:
Hardwood; Tile
Heating:
Heat Pump
Horse Amenities:
Barn; Hay Storage; Paddocks; Pasture; Stable(s); Tack Room; Wash Rack
Housing:
Guest; Main; Other
Interior Features:
Elevator; Entrance Foyer; Walk-In Closet(s)
Levels:
Three Or More
Possession Auxiliary Dwelling:
Negotiable
Possession Farm Land:
Negotiable
Possession Main House:
Negotiable
Possible Use:
Agricultural; Horses
Private Pool Features:
In Ground
Sewer:
Septic Tank
Structure Type:
House
View:
Farm
Water Source:
Public
Showing Requirements:
Call Listing Agent; Call Listing Office
Room Types:
Dining Room; Kitchen; Primary Bedroom
Room Information
| Room Name | Level |
|---|---|
| Primary Bedroom | Second |
| Kitchen | First |
| Dining Room | First |
Listing Office:
Biederman Real Estate
Last Updated: August - 07 - 2026
Information deemed reliable but not guaranteed.
