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

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 industr ...

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.