5060 Paynes Mill Road, Lexington, KY 40510

$625,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,564 Lot Size (sq. ft.): 438,649 Status: Active
Current Price: $625,000 List Date: 9/22/2026 Last Modified: 10/22/2026

Overview

Description

A Piece of Tranquility in the Heart of Horse Country Welcome to your own piece of tranquility! Tucked away on 10+ acres in Fayette County, this unique property is located approximately one mile behind Keeneland as the crow flies, offering the privacy and peacefulness of country living while being just minutes from some of Lexington's most convenient amenities. The location is hard to beat — approximately 3.5 miles to Keeneland and 4.5 miles to Blue Grass Airport, with the property also sitting conveniently close to the Woodford County line. The property features a 1,564-square-foot log home that has already been started on its renovation journey. Currently offering 2 bedrooms and 2 bathrooms, the home's unique construction creates endless possibilities. With the load-bearing walls located around the exterior, the interior layout can be reimagined to create a floor plan that fits your lifestyle. And there's even more space waiting below! The home features a walkout, unfinished bas ...

Listing Details MLS# 26026167

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Price Change Timestamp
2026-10-22T16:51:33Z
Status Change Timestamp
2026-09-22

Address

County
Fayette
Street Number
5060
Street Name
Paynes Mill
Street Suffix
Road
State
KY
Zip Code
40510
Zip +4
9694
Directions
Pass Keeneland, Right at The Castle, Right on Paynes Mill, property on the right
Parcel Number
19975060

Contract

Original List Price
757000
Start Showing Date
2026-09-22
Listing Contract Date
2026-09-15
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
399.62

Tax Legal

MLS Area Major
004 - Fayette County SW
High School District
Fayette County - 1

Interior

Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
1564
Below Grade Unfinished Area
1564
Living Area
1564
Living Area Source
Listing Agent Measured
Basement YN
Yes
Fireplace YN
Yes
Fireplaces Total
Yes

More Information

Parking Information

Garage YN
Yes
Garage Spaces
4
Carport YN
No

Building

Year Built
2000
Accessibility Features YN
No

Lot

Lot Size Source
Public Records
Lot Size Acres
10.07
Lot Size Square Feet
438649
Pool Private YN
No
View YN
Yes
Waterfront YN
No
Water Body Access YN
No
Horse YN
Yes

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
A Piece of Tranquility in the Heart of Horse Country Welcome to your own piece of tranquility! Tucked away on 10+ acres in Fayette County, this unique property is located approximately one mile behind Keeneland as the crow flies, offering the privacy and peacefulness of country living while being just minutes from some of Lexington's most convenient amenities. The location is hard to beat — approximately 3.5 miles to Keeneland and 4.5 miles to Blue Grass Airport, with the property also sitting conveniently close to the Woodford County line. The property features a 1,564-square-foot log home that has already been started on its renovation journey. Currently offering 2 bedrooms and 2 bathrooms, the home's unique construction creates endless possibilities. With the load-bearing walls located around the exterior, the interior layout can be reimagined to create a floor plan that fits your lifestyle. And there's even more space waiting below! The home features a walkout, unfinished basement with approximately the same amount of space as the main level, giving you the potential to nearly double your finished living area. The possibilities are endless with a 1000' driveway, there will be piece of mind without worrying about kids/pets safety. Add a little fencing and create your own hobby or horse farm, transform the property into a unique short-term rental near Keeneland and the airport, or finish the home into your own private country retreat. Imagine starting your mornings with a cup of coffee while watching the sunrise, or winding down your evenings while enjoying beautiful Kentucky sunsets — all while being just minutes from Lexington. Properties with this combination of acreage, location, privacy, and potential don't come along often. Schedule your private showing today and come see the possibilities for yourself!

Amenity Fee Details

Amenity Fee YN
No

Room Types

Bathroom 2 Level
First
Bedroom 1 Level
First
Kitchen Level
First
Primary Bedroom Level
First

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Architectural Style: Cabin Basement: Walk-Out Access Construction Materials: Log Cooling: Heat Pump Fireplace Features: Family Room Flooring: Wood Foundation Details: Concrete Perimeter; Slab Heating: Heat Pump Horse Amenities: Pasture Laundry Features: Electric Dryer Hookup; Washer Hookup Lot Features: Many Trees Parking Features: Detached Garage; Garage Faces Front; Workshop Patio And Porch Details: Covered Porch; Wrap Around Porch Patio And Porch Features: Porch Possession: Close Of Escrow Roof: Metal Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Heater: Electric Water Source: Public Showing Requirements: Call Listing Agent; Combination Lock Box Room Types: Bathroom 2; Bedroom 1; Kitchen; Primary Bedroom

Room Information

Room Name Level
Primary Bedroom First
Kitchen First
Bathroom 2 First
Bedroom 1 First
Listing Office: The Agency
Last Updated: October - 22 - 2026
Information deemed reliable but not guaranteed.