5447 Tates Creek Road, Lexington, KY 40515

$1,375,000
Property Type: Farm Bedrooms: 4 Baths: 2 Square Footage: 1,380 Lot Size (sq. ft.): 1,306,800 Status: Closed
Current Price: $1,375,000 List Date: 5/01/2023 Last Modified: 9/03/2025

Overview

Description

30 acres of future development potential in both Fayette and Jessamine Counties. The Fayette County property is 13.74 acres on Tates Creek Road with good topography, the Jessamine County side is 16.44 acres with frontage on E. Brannon Road (formerly Ashgrove Pike). The Jessamine County property is also improved with 2 barns with 33 stalls and a tenant residence, 4 bedrooms and 2 baths w 1380 sqft...all of which may produce convenient rental income. Great opportunity for several possible uses in a superior location.

Listing Details MLS# 23007773

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2023-06-16
Purchase Contract Date
2023-05-03
Close Date
2023-06-15
Close Price
1375000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
no

Address

County
Fayette
Street Number
5447
Street Name
Tates Creek
Street Suffix
Road
State
KY
Zip Code
40515
Zip +4
9565
Parcel Number
25409900

Contract

Original List Price
1419000
Start Showing Date
2023-05-01
Listing Contract Date
2023-05-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
47300
List Price/SqFt
1028.26
Sold Price/Acre
45833.33
Sold Price/SqFt
996.38
SP/LP
0.97

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Rural

Interior

Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
1380
Living Area
1380

More Information

Lot

Lot Size Source
Public Records
Lot Size Acres
30
Lot Size Square Feet
1306800
Lot Size Dimensions
30 acres
Conservation Easement YN
No
View YN
Yes

Remarks

Public Remarks
30 acres of future development potential in both Fayette and Jessamine Counties. The Fayette County property is 13.74 acres on Tates Creek Road with good topography, the Jessamine County side is 16.44 acres with frontage on E. Brannon Road (formerly Ashgrove Pike). The Jessamine County property is also improved with 2 barns with 33 stalls and a tenant residence, 4 bedrooms and 2 baths w 1380 sqft...all of which may produce convenient rental income. Great opportunity for several possible uses in a superior location.

Land Details

Farm With House YN
Yes

Other Structures Info

Number Of Stalls
33

Showing Information

Showing Instructions
Call listing agent

Tax & Legal

Tax Rate
1.1166
Zoning
AR
Directions
Tates Creek Road south 2.2 mile from Man O War

Utilities

Electricity Connected
Yes
Water Connected
Yes

Architectural Style

Cape Cod
Yes

Fencing

Plank
Yes

Horse Amenities

Barn
Yes

Levels

One and One Half
Yes

Lot Features

Gentle Sloping
Yes

Other Structures

Indoor Arena
Yes

Sewer

Septic Tank
Yes

Structure Type

House
Yes

View

Other
Yes

Water Source

Public
Yes

Current Use

Horses
Yes

Possible Use

Commercial
Yes
Horses
Yes
Residential
Yes

Farm Improvements

Auto Walkers
Yes

Housing

Tenant(s)
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

Documents

Aerial Photo
Yes
Sellers Disclosure Of Property Condition
Yes

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Architectural Style: Cape Cod Current Use: Horses Farm Improvements: Auto Walkers Fencing: Plank Horse Amenities: Barn Housing: Tenant(s) Levels: One and One Half Lot Features: Gentle Sloping Other Structures: Indoor Arena Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Possible Use: Commercial; Horses; Residential Sewer: Septic Tank Structure Type: House View: Other Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office Documents: Aerial Photo; Sellers Disclosure Of Property Condition
Listing Office: Biederman Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.