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For sale
  • $3,150,000

    1542 Ferguson Rd, Lexington, KY 40511

    3beds
    1,948sqft
    : 
    Farm
    Built in ----
    193.59 Acres Lot
    $-- Zestimate®
    $1,617/sqft
    $-- HOA

    What's special

    Plank fencingHigher elevationScenic viewsSeveral tack rooms
    Locust Grove Farm, 193± acre horse farm property located less than 2 miles from Paris Pike and 1.2 miles from Greenwich Pike. Property amenities include 80 stalls over 5 barns with several tack rooms, 2 employee residences, 10 large fields and 7 paddocks with plank fencing and 4 ponds. Straddling the Fayette/Bourbon County line, this land sits on a higher elevation with wonderful scenic views of the surrounding bluegrass. The improvements on this property are in need of renovation and repair however the infrastructure and land offers many opportunities in this fantastic location- 20 minutes to the Kentucky Horse Park, 11 minutes to Paris, 16 minutes to I-64/75 and New Circle Road. This property is offered in its ''as-is'' condition with inspections welcome.
    98 days
    |
    486
    |
    17
    |

    Zillow last checked: 8 hours ago

    Listing updated: September 12, 2025 at 09:56am

    Listed by:

    Tom Biederman 859-277-2030,

    Biederman Real Estate,

    Westin Osborn 704-975-4195,

    Biederman Real Estate

    Source: Imagine MLS,MLS#: 25012485MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 1,948
    • Total interior livable area: 1,948 sqft
    • Finished area above ground: 1,948

    Property

    Features
    • Levels: One
    • Fencing: Plank
    • Has view: Yes
    • View description: Farm
    Lot
    • Size: 193.59 Acres
    • Dimensions: 193ac
    • Features: Level, Gentle Sloping
    • Topography: Gentle Sloping, Level
    Details
    • Parcel number: 21958000
    • Zoning: AR
    • Horse amenities: Barn, Hay Storage

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rural
    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $1,617/sqft
    • Tax assessed value: $1,309,500
    • Annual tax amount: $3,010
    • Date on market: 6/12/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,471/mo

    Price history

    Price history
    DateEventPrice
    6/12/2025Listed for sale$3,150,000+160.3%$1,617/sqft
    Source: Imagine MLS #25012485 Report a problem
    9/6/2013Sold$1,209,938-24.4%$621/sqft
    Source: Imagine MLS #1201904 Report a problem
    2/17/2006Sold$1,600,000+20.8%$821/sqft
    Source: Imagine MLS #506069 Report a problem
    8/7/2000Sold$1,325,000$680/sqft
    Source: Imagine MLS #9911225 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2022$3,010 $1,309,500
    2021$3,010 $1,309,500
    2020$3,010 $1,309,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $19,356/mo
    Principal & interest
    $16101
    Property taxes
    $2152
    Home insurance
    $1103

      Climate risks

      Neighborhood: 40511

      Nearby schools

      GreatSchools rating
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