5124 Shephard Lane, Lexington, KY 40515 (MLS# 24005512)

5124 Shephard Lane, Lexington, KY 40515

$948,000

Property Type: Farm Bedrooms: 5 Baths: 3 Square Footage: 3,815 Lot Size (sq. ft.): 487,872 Status: Closed

Current Price: $948,000 List Date: 3/25/2024 Last Modified: 9/04/2025

Overview

Description

Nestled on 11.2 sprawling acres of picturesque countryside, just moments away from shopping amenities and urban comforts, this remodeled home offers handicap accessible living, 2 story great room with stone fireplace and exposed beams, 1st floor bedroom suite, wrap-around porch, walk-out basement, hardwood floors. The farm sports a barn perfect for future stalls, several outbuildings including an office with heating/cooling, 4-board fencing with lots of open fields and an enchanting 1 acre wooded area.

Listing Details MLS# 24005512

Listing Information

Comp Sale YN: No
Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2024-07-19T18:52:03Z
Status Change Timestamp: 2024-10-11
Purchase Contract Date: 2024-08-19
Close Date: 2024-10-11
Close Price: 948000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: None

Address

County: Fayette
Street Number: 5124
Street Name: Shephard
Street Suffix: Lane
State: KY
Zip Code: 40515
Parcel Number: 22232475

Contract

Original List Price: 1050000
Start Showing Date: 2024-03-25
Listing Contract Date: 2024-03-25
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 86517.86
List Price/SqFt: 254
Sold Price/Acre: 84642.86
Sold Price/SqFt: 248.49
SP/LP: 0.98

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Rural
High School District: Fayette County - 1

Interior

Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 2804
Below Grade Finished Area: 1011
Below Grade Unfinished Area: 329
Living Area: 3815
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Above Grade Unfinished Area: 0

More Information

Building

Year Built: 1979

Lot

Lot Size Source: Public Records
Lot Size Acres: 11.2
Lot Size Square Feet: 487872
Lot Size Dimensions: 11.2 acres
Conservation Easement YN: No
View YN: Yes

Utilities

Heating YN: Yes
Electricity Connected: Yes
Phone Available: Yes
Water Connected: Yes
Other: Yes

Remarks

Public Remarks: Nestled on 11.2 sprawling acres of picturesque countryside, just moments away from shopping amenities and urban comforts, this remodeled home offers handicap accessible living, 2 story great room with stone fireplace and exposed beams, 1st floor bedroom suite, wrap-around porch, walk-out basement, hardwood floors. The farm sports a barn perfect for future stalls, several outbuildings including an office with heating/cooling, 4-board fencing with lots of open fields and an enchanting 1 acre wooded area.

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Tobacco Barns: Yes
Number Of Paddocks: Yes

Showing Information

Showing Instructions: Showingtime

Tax & Legal

Elementary School: Squires
Middle Or Junior School: Edythe J. Hayes
High School: Henry Clay
Tax Rate: 1.0893
Zoning: AR
Directions: Old Richmond Rd to Tates Creek Pike to Shephard Lane. Or Richmond Rd. outbound from Man-O-War, Right on Old Richmond Rd. to Jack's Creek, left on Shephard Lane. Follow road back to fork in road, house on left.

Architectural Style

Cape Cod: Yes

Cooling

Central Air: Yes

Fencing

Plank: Yes
Other: Yes

Flooring

Hardwood: Yes

Heating

Electric: Yes
Heat Pump: Yes
Wood Stove: Yes
Zoned: Yes

Levels

Two: Yes

Lot Features

Cleared: Yes
Level: Yes
Wooded: 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
Other: Yes

Disclosures

Other: Yes

Possible Use

Cattle: Yes
Horses: Yes
Pasture: Yes
Residential: Yes

Farm Improvements

Equipment Building(s): Yes
Silo(s): Yes
Tobacco Barn(s): Yes

Housing

Main: Yes

Possession Auxiliary Dwelling

Negotiable: Yes

Possession Farm Land

Negotiable: Yes

Possession Main House

Negotiable: Yes

Showing Requirements

Showing Service: Yes

Room Types

Bathroom 1: Yes
Bathroom 2: Yes
Bathroom 3: Yes
Bedroom 1: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Den: Yes
Dining Room: Yes
Family Room: Yes
Great Room: Yes
Kitchen: Yes
Primary Bedroom: Yes
Utility Room: Yes

Documents

Aerial Photo: Yes
Survey: Yes
Other: Yes

Property Features

Utilities: Electricity Connected; Phone Available; Water Connected; Other; Electricity Connected; Phone Available; Water Connected; Other Architectural Style: Cape Cod Cooling: Central Air Current Use: Horses; Other Disclosures: Other Farm Improvements: Equipment Building(s); Silo(s); Tobacco Barn(s) Fencing: Plank; Other Flooring: Hardwood Heating: Electric; Heat Pump; Wood Stove; Zoned Housing: Main Levels: Two Lot Features: Cleared; Level; Wooded Other Structures: Workshop Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Cattle; Horses; Pasture; Residential Sewer: Septic Tank Structure Type: House View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bedroom 1; Bedroom 2; Bedroom 3; Den; Dining Room; Family Room; Great Room; Kitchen; Primary Bedroom; Utility Room Documents: Aerial Photo; Survey; Other

Room Information

Room Name	Remarks
Den
Dining Room
Family Room
Great Room
Primary Bedroom
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom 1	Full Bath
Bathroom 2	Full Bath
Bathroom 3	Full Bath
Kitchen
Utility Room

Listing Office: Turf Town Properties

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.