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451 Chilesburg Rd, Lexington, KY, 40509

$2,750,000

12.54 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
MLS #24004241
Lot Size12.54 Acres
StatusActive

About 451 Chilesburg Rd

Potential Development Investment.This property is in the urban services boundary and is developed on all surrounding sides. This property is presently zoned agricultural (EAR 2 zone in the Comprehensive Plan) and a potential development piece. This is development is contingent upon approval from Planning & Zoning. There is a natural flood plain in the very back (part of restoration of wet lands). Most desirable location with 3 new schools in the area, part of Andover Hills development Sewer trunk line with a hook up already on property. There is an interstate gas line that is situated in the flood plain at the end of the property. The properties on either side are developed and this property backs to Andover Hills. Located between Hays Blvd and Andover, a most desirable area!

Property Details

Property Features

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

Lot Features

Lot Information:

  • Lot Size: 12.54 Acres

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Edythe Jones Hayes Middle School, Public District Grades 6-8
  • Madeline M Breckinridge Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Richmond Road outbound. Left on Hays Blvd, Left on Chilesburg Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,750,000

Tax Information:

  • Annual Amount: $82
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$310.6K

Med. Price/SqFt

$148

Avg. Days On Market

24

# of Sold Homes

241

451 Chilesburg Rd vs Lexington

51 DAYS ON ROCKET

+27 Days

$2,750,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24004241

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$82$1,129,600
2019$82$1,129,600
2018$82$1,129,600

History based on county public records data.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2003668
7
/10
  • Madeline M Breckinridge Elementary School

  • 2101 Saint Mathilda Dr

  • 3.77 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2003669
7
/10
  • Edythe Jones Hayes Middle School

  • 260 Richardson Pl

  • 0.64 miles

  • Public District Grades 6-8

High School

school-card-donut-2003670
5
/10
  • Henry Clay High School

  • 2100 Fontaine Rd

  • 3.97 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,158. The most common annual income of people living in Lexington, KY is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 451 Chilesburg Rd

What is the listing price of this property?

The listing price of 451 Chilesburg Rd property is $2,750,000.

What type of property is this?

The property 451 Chilesburg Rd is land located in Lexington, Kentucky, 40509.

Is this property for sale now?

Active Listing: 451 Chilesburg Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 451 Chilesburg Rd are:
Madeline M Breckinridge Elementary School: GreatSchools Rating 7/10
Edythe Jones Hayes Middle School: GreatSchools Rating 7/10
Henry Clay High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $82 (source: MLS/based on county public records data).

How much acreage is this property?

The property 451 Chilesburg Rd is 12.54 acres.
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Rocket HomesKentuckyFayette CountyLexington40509451 Chilesburg Rd

This home is located at 451 Chilesburg Rd in Lexington, KY and zip code 40509 in the District 7 neighborhood. This home sits on a 12.54 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $2,750,000.

In March 2024 more than 73 listings in Lexington, KY were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 102 were sold below. The inventory of homes for sale in Lexington, KY between February 2024 and March 2024 increased by 11.4%. Listings spent 24 days on the market in March 2024, and had a median list price of $310,646 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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