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.
For sale
$3,150,000
1542 Ferguson Rd, Lexington, KY 40511
3beds
1,948sqft
Est.:
Farm
Built in ----
193.59 Acres Lot
$-- Zestimate®
$1,617/sqft
$-- HOA
What's special
Plank fencingHigher elevationScenic viewsSeveral tack rooms
- 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#: 25012485
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
Estimated market value
Not available
Estimated sales range
Not available
$2,471/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Listed for sale | $3,150,000+160.3%$1,617/sqft |
Source: | ||
| 9/6/2013 | Sold | $1,209,938-24.4%$621/sqft |
Source: | ||
| 2/17/2006 | Sold | $1,600,000+20.8%$821/sqft |
Source: | ||
| 8/7/2000 | Sold | $1,325,000$680/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 1/10Russell Cave Elementary SchoolGrades: PK-5Distance: 6.1 mi
- 3/10Winburn Middle SchoolGrades: 6-8Distance: 8.9 mi
- 3/10Bryan Station High SchoolGrades: 9-12Distance: 9.2 mi
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