500 Paynes Depot Road, Georgetown, KY 40324

$1,175,000
Property Type: Farm Bedrooms: 4 Baths: 3 Square Footage: 4,959 Lot Size (sq. ft.): 792,792 Status: Closed
Current Price: $1,175,000 List Date: 4/19/2023 Last Modified: 9/03/2025

Overview

Description

A pioneer spirit meets keen Kentucky refinement at Halley Wood. Famed architect John McMurtry designed the residence ca. 1852 for Samuel Halley, an early pioneer at Boonesborough. McMurtry's plans incorporated a large, elegantly-columned façade, similar to Waveland, as well as a notable balcony. The balcony bears McMurtry's imprint with a cutout trefoil motif common to all his Gothic-influenced designs. Pilastered walls are arranged in the L-shape popular at the time. Today, the historic residence and its 18.2± acres are well-suited to modern living. The home's 4,959± square feet boasts 4BR & 2.5 BA. Preserved architectural details add grand appeal. Outside, a two-room brick building backs the farm and a tobacco-style horse barn offers five stalls. A 4+ bay detached workshop/garage supplies space for hobbies and storage. With its rich history, fine details, & manageable tract size, Halley Wood marks a rare opportunity. Its new steward will soon share in a rich Bluegrass heritage in ...

Listing Details MLS# 23006925

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2023-07-07
Purchase Contract Date
2023-05-01
Close Date
2023-07-06
Close Price
1175000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Scott
Street Number
500
Street Name
Paynes Depot
Street Suffix
Road
State
KY
Zip Code
40324
Parcel Number
117-00-003.000

Contract

Original List Price
1375000
Start Showing Date
2023-04-19
Listing Contract Date
2023-04-19
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
75549.45
List Price/SqFt
277.27
Sold Price/Acre
64560.44
Sold Price/SqFt
236.94
SP/LP
0.85

Tax Legal

MLS Area Major
005 - Scott County
Subdivision Name
Rural

Interior

Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Above Grade Finished Area
4959
Living Area
4959

More Information

Building

Year Built
1852

Lot

Lot Size Acres
18.2
Lot Size Square Feet
792792
Lot Size Dimensions
18.2+/- acres, subject to survey
Conservation Easement YN
No
View YN
Yes

Remarks

Public Remarks
A pioneer spirit meets keen Kentucky refinement at Halley Wood. Famed architect John McMurtry designed the residence ca. 1852 for Samuel Halley, an early pioneer at Boonesborough. McMurtry's plans incorporated a large, elegantly-columned façade, similar to Waveland, as well as a notable balcony. The balcony bears McMurtry's imprint with a cutout trefoil motif common to all his Gothic-influenced designs. Pilastered walls are arranged in the L-shape popular at the time. Today, the historic residence and its 18.2± acres are well-suited to modern living. The home's 4,959± square feet boasts 4BR & 2.5 BA. Preserved architectural details add grand appeal. Outside, a two-room brick building backs the farm and a tobacco-style horse barn offers five stalls. A 4+ bay detached workshop/garage supplies space for hobbies and storage. With its rich history, fine details, & manageable tract size, Halley Wood marks a rare opportunity. Its new steward will soon share in a rich Bluegrass heritage in a desirable Scott County locale. NB: The property has a Lexington mailing address and is only 8 minutes from Midway/20 minutes from downtown Lexington!

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Horse Barns
Yes
Number Of Stalls
5

Showing Information

Showing Instructions
Showings strictly by appointment only with a proof of funds or preapproval letter e-mailed 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 as it is occupied. This is a proposed division of a larger farm and is subject to a survey and Scott County P&Z sign offs.

Tax & Legal

Tax Rate
0.8676
Zoning
AR
Directions
From MIDWAY: Leestown Road towards Lexington; left on US62; property entrance on right after crossing the train tracks. From LEXINGTON: Leestown Road outbound; right on US62; property entrance on right after crossing the train tracks. From GEORGETOWN: US62 outbound; property entrance on left after Bethel Road.

Fencing

Plank
Yes

Flooring

Hardwood
Yes

Horse Amenities

Barn
Yes

Levels

Two
Yes

Lot Features

Gentle Sloping
Yes

Other Structures

Workshop
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Farm
Yes
Rural
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Possible Use

Horses
Yes
Residential
Yes

Farm Improvements

Office
Yes
Silo(s)
Yes

Housing

Main
Yes

Possession Auxiliary Dwelling

Negotiable
Yes

Possession Farm Land

Negotiable
Yes

Possession Main House

Negotiable
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes
Showing Service
Yes

Documents

Aerial Photo
Yes
Sellers Disclosure Of Property Condition
Yes
Other
Yes

Property Features

Current Use: Horses Farm Improvements: Office; Silo(s) Fencing: Plank Flooring: Hardwood Horse Amenities: Barn Housing: Main Levels: Two Lot Features: Gentle Sloping Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable; Other Possible Use: Horses; Residential Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign; Showing Service Documents: Aerial Photo; Sellers Disclosure Of Property Condition; Other

Room Information

Room Name
Dining Room
Listing Office: Kirkpatrick & Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.