4400-4434 Paris Pike,Lexington, KY 40511
Lexington, KY 40511
Description
We are honored to present historic Payson Stud available for purchase. This legendary farm property consists of 142 acres along the famed Paris Pike in Lexington, Kentucky and is the epicenter of the Central Kentucky Bluegrass region. Anchored by the iconic 1850 John McMurty built Greek Revival Mansion, featuring 2 ½ stories and 8200 square feet that are currently undergoing a total renovation while thoughtfully preserving the unique history of the property and outbuildings. Included in the 10 acre curtilage surrounding the Mansion is a beautifully restored 1550 sqft 2 story brick residence (c.1850) with additions, and The Cottage, an elegantly renovated 1600 sqft brick residence- a favorite of the former property steward Virginia Kraft Payson. (The 10.7 acres with Main Residence and guest houses may be purchased separately, with inquiries directed to the listing agent.) The 132 acre improved horse farm portion has a secure place in the history of Kentucky's signature horse industry as the former home of champions from several breeds, including Classic and Kentucky Derby winners throughout the years. With 4 excellent barns housing over 77 stalls, 2 large run in sheds, 4 large fields, and 16 paddocks, the property is well designed and equipped for raising top quality horses. This is a generational opportunity to purchase a property steeped in the history of the Thoroughbred and one that has been completely and thoroughly renovated to present a truly unique turn-key opportunity to a discerning new steward.
Details
| MLS # | 26021280 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active |
| Year | 1850 |
| Days On Site | 18 |
| Listing Provided By | Biederman Real Estate | Tom Biederman |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 8,200 |
| Basement | Y |
| Pool | Yes |
| Zoning | AG |
| Acreage | 142.00 |
| Property View | Farm |
Interior
| Rooms Total | 3 |
|---|---|
| Cooling | Central Air, Heat Pump, Zoned |
| Heating | Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Elevator, Entrance Foyer, Walk-In Closet(s) |
Exterior
| Fencing | Plank |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Septic Tank |
|---|
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40511 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Listing VS Median (in 40511) | |
Price: $18,900,000 low | high Med: $369,950 sqft: 8,200 low | high Med: 2,028 $ / sqft: $2,305 low | high Med: $183 On site: 18 low | high Med: 57 | |
Market Activity 40511
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40511 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Listing VS Median (in 40511) | |
Price: $18,900,000 low | high Med: $369,950 sqft: 8,200 low | high Med: 2,028 $ / sqft: $2,305 low | high Med: $183 On site: 18 low | high Med: 57 | |