5878 Briar Hill Road, Lexington, KY 40516

$1,150,000
Property Type: Farm Lot Size (sq. ft.): 4,951,030 Status: Closed
Current Price: $1,150,000 List Date: 3/25/2024 Last Modified: 9/04/2025

Overview

Description

In the same family for decades, this 113 acre farm is an absolutely beautiful, well located farm that has the rare potential of offering an exit strategy. It is across the road from Bluegrass Station, close to downtown Lexington, and the interstate- it has the added benefit of being bordered by the railroad. Lush fields and great soils compliment this farm which makes a wonderful hedge against inflation. Older home and out building of no value- but you'll sure appreciate the land.

Listing Details MLS# 24005492

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2024-05-31
Purchase Contract Date
2024-03-27
Close Date
2024-05-31
Close Price
1150000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
5878
Street Name
Briar Hill
Street Suffix
Road
State
KY
Zip Code
40516
Parcel Number
23266300

Contract

Original List Price
1225000
Start Showing Date
2024-03-25
Listing Contract Date
2024-03-25
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
10777.76
Sold Price/Acre
10117.9
SP/LP
0.94

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Rural

Lot

Lot Size Source
Public Records
Lot Size Acres
113.66
Lot Size Square Feet
4951030
Lot Size Dimensions
113.66
Conservation Easement YN
No
View YN
Yes

More Information

Remarks

Public Remarks
In the same family for decades, this 113 acre farm is an absolutely beautiful, well located farm that has the rare potential of offering an exit strategy. It is across the road from Bluegrass Station, close to downtown Lexington, and the interstate- it has the added benefit of being bordered by the railroad. Lush fields and great soils compliment this farm which makes a wonderful hedge against inflation. Older home and out building of no value- but you'll sure appreciate the land.

Land Details

Farm With House YN
Yes

Showing Information

Showing Instructions
Do not drive onto farm without an appt. LA/LO to accompany.

Tax & Legal

Tax Rate
1.0893
Zoning
AR
Directions
Winchester Road, Left on Haley, Right on Briar Hill

Interior

Living Area
0
Above Grade Finished Area
0

Utilities

Phone Available
Yes

Fencing

Wire
Yes

Lot Features

Gentle Sloping
Yes

View

Farm
Yes
Rural
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Current Use

Agricultural
Yes
Pasture
Yes

Possible Use

Other
Yes

Possession Farm Land

Negotiable
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes

Documents

Aerial Photo
Yes
Other
Yes

Property Features

Utilities: Phone Available; Phone Available Current Use: Agricultural; Pasture Fencing: Wire Lot Features: Gentle Sloping Possession Farm Land: Negotiable Possible Use: Other View: Farm; Rural; Trees/Woods Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; No Sign Documents: Aerial Photo; Other
Listing Office: Justice Real Estate
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.