7 months on rocket

5088 Leestown Rd, Lexington, KY, 40511

$3,500,000

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1850
HeatingPropane
CoolingHeat Pump
BasementYes
MLS #23016979
Lot Size225.00 Acres
StatusActive

About 5088 Leestown Rd

Available for the first time in over 5 generations, here is your opportunity to own 225 acres of prime Fayette County farm land less than 10 miles from both the Kentucky Horse Park and Keeneland! The property neighbors the UK Golf Course. This PDR-protected farm boasts flat to rolling acreage with 2 homes already on it and the possibility to add an additional 4 homes. A historic home dating to 1850 with approximately 3120 finished square feet, an attached garage and in-ground swimming pool, all overlooking a picturesque 5-acre lake. The second home is a brick ranch that boasts a 2289 ft finished main level, and unfinished 2289 sq ft basement. There are 2 additional shops/detached garages. There are five barns (3 tobacco barns) in need of repair, one silo, one grain bin, and one hoop barn for hay storage. All acreage is fenced. There is also a stone cottage dating to the early 1800s that could possibly be restored. Blacktop drives to both homes, new water lines from road recently installed, new roofs on both homes. Proximity to all of the equine events would make this a prime layover location and could support many residential and/or business endeavors.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Ranch
  • Year Built: 1850
  • Stories: 2

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (502) 805-7653

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Bedroom First Floor, Dining Area, Entrance Foyer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Private Road

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 225.00 Acres

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Bryan Station High School, Public District Grades 9-12
  • Leestown Middle School, Public District Grades 6-8
  • Sandersville Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From New Circle take Leestown Rd northwest approximately 6 miles, just past the University of Kentucky Golf Course on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $3,143
  • 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

5088 Leestown Rd vs Lexington

239 DAYS ON ROCKET

+215 Days

$3,500,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23016979

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (502) 805-7653

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: 4/27/2024, 6:25:19 PM 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$3,143$2,585,800
2019$3,143$2,585,800
2018$3,143$2,585,800

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-1508531
8
/10
  • Sandersville Elementary School

  • 3025 Sandersville Rd

  • 4.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1508532
6
/10
  • Leestown Middle School

  • 2010 Leestown Rd

  • 5.44 miles

  • Public District Grades 6-8

High School

school-card-donut-1508533
2
/10
  • Bryan Station High School

  • 201 Eastin Rd

  • 9.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,053. Most Lexington, KY residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5088 Leestown Rd

What is the listing price of this property?

The listing price of 5088 Leestown Rd property is $3,500,000.

What type of property is this?

The property 5088 Leestown Rd is a house located in Lexington, Kentucky, 40511.

Is this property for sale now?

Active Listing: 5088 Leestown 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 5088 Leestown Rd are:
Sandersville Elementary School: GreatSchools Rating 8/10
Leestown Middle School: GreatSchools Rating 6/10
Bryan Station High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,143 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5088 Leestown Rd has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5088 Leestown Rd is 1850.
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Rocket HomesKentuckyFayette CountyLexington405115088 Leestown Rd

This home is located at 5088 Leestown Rd in Lexington, KY and zip code 40511. This home, which was built in 1850, sits on a 225.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 01, 2023 and is currently priced at $3,500,000.

While more than 73 listings in Lexington, KY in March 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 102 were sold below. In March 2024 in Lexington, KY there were 11.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $310,646.

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

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