Sold for $5,200,000

$5,200,000

1033 Iron Works Pike, Lexington, KY 40511

3beds

3,585sqft

Farm

Built in 2006

51.57 Acres Lot

$4,704,400 Zestimate^®

$1,450/sqft

$3,578 Estimated rent

Home value

$4,704,400

$3.76M - $5.79M

$3,578/mo

Zestimate^® history

Owner options

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$3,578/mo

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$3,578/mo

Rent Zestimate^®

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$25,624/mo

Est. payment

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$25,624/mo

Est. payment

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What's special

This well located, turn key horse farm checks all the boxes. Custom built main residence (with mature landscaping), heated pool, manager's house, groom's quarters, guest home (former Spendthrift foaling barn), 8-stall barn, 130' x 230' outdoor ring, workshop, 2 equipment buildings, 2 run-in sheds- just minutes from the Kentucky Horse Park, downtown Lexington, and Fasig Tipton with frontage on Iron Works and Kenny Lane. Exceptionally maintained.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Electric, Heat Pump

Cooling

Central Air

Features

Flooring: Hardwood
Has fireplace: Yes

Interior area

Total structure area: 3,585
Total interior livable area: 3,585 sqft
Finished area above ground: 3,585

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Levels: One
Pool features: In Ground
Fencing: Plank
Has view: Yes
View description: Rural, Trees/Woods, Farm

Lot

Size: 51.57 Acres
Dimensions: 51.5 acres
Features: Gentle Sloping
Topography: Gentle Sloping

Details

Additional structures: Workshop
Parcel number: 20142280
Zoning: AR
Horse amenities: Barn, Hay Storage

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Farm

Condition

New construction: No
Year built: 2006

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Phone Available

Community & neighborhood

Location

Region: Lexington
Subdivision: Rural

Price history

Date	Event	Price
11/8/2024	Sold	$5,200,000-12.6%$1,450/sqft
Source: Imagine MLS #24009010 Report a problem
10/28/2024	Pending sale	$5,950,000$1,660/sqft
Source: Imagine MLS #24009010 Report a problem
10/4/2024	Contingent	$5,950,000$1,660/sqft
Source: Imagine MLS #24009010 Report a problem
10/2/2024	Listed for sale	$5,950,000$1,660/sqft
Source: Imagine MLS #24009010 Report a problem
7/25/2024	Listing removed	$5,950,000$1,660/sqft
Source: Imagine MLS #24009010 Report a problem
7/25/2024	Price change	$5,950,000-4.8%$1,660/sqft
Source: Imagine MLS #24009010 Report a problem
5/7/2024	Listed for sale	$6,250,000+68.9%$1,743/sqft
Source: Imagine MLS #24009010 Report a problem
2/15/2008	Sold	$3,700,000+365.4%$1,032/sqft
Source: Imagine MLS #716345 Report a problem
7/3/2003	Sold	$795,000$222/sqft
Source: Imagine MLS #304402 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$16,648	$3,217,000
2023	$16,648 -2.7%	$3,217,000
2022	$17,109	$3,217,000
2021	$17,109	$3,217,000
2020	$17,109	$3,217,000
2019	$17,109	$3,217,000
2018	$17,109 +5.7%	$3,217,000 +107.6%
2017	$16,179 -21%	$1,549,600 +0.5%
2015	$20,481	$1,542,600 -28.8%
2014	$20,481	$2,165,900 -43.6%
2012	$20,481	$3,840,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$2,023,900
2004	--	--