Stone Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic property offers an excellent opportunity to meet Lexington's growing demand for housing bieng Zoned R-1E with utilities available. According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need. Please call Travis Rose at 859-806-1591 or Email travis.rose@svn.com for more information or to see the property.
Lot/land
$250,000
1749 Russell Cave Rd, Lexington, KY 40505
--beds
0baths
1.4Acres
Unimproved Land
Built in ----
1.4 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days |
- 140 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Stone 859-306-0130,
Stone Real Estate
Source: Imagine MLS,MLS#: 26015331
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.4 Acres
- Dimensions: 7 lots that are 40 feet wide each
Details
- Parcel number: 24253200
- Zoning: Other
- Zoning description: R-1E
- Special conditions: Standard
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Kenawood
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $887,300
- Annual tax amount: $178
- Date on market: 6/29/2026
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $250,000-93.8% |
Source: | ||
| 1/16/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/19/2020 | Price change | $4,000,000+60% |
Source: Owner Report a problem | ||
| 8/8/2020 | Listed for sale | $2,500,000+200.5% |
Source: Owner Report a problem | ||
| 2/26/2020 | Sold | $831,980-36% |
Source: Public Record Report a problem | ||
| 2/21/2019 | Listing removed | $1,300,000 |
Source: Keller Williams Bluegrass Realty #1821069 Report a problem | ||
| 9/11/2018 | Listed for sale | $1,300,000 |
Source: Keller Williams Bluegrass #1821069 Report a problem | ||
| 12/10/2017 | Listing removed | $1,300,000 |
Source: WEICHERT Realtors Central KY #1704922 Report a problem | ||
| 3/9/2017 | Listed for sale | $1,300,000+153.9% |
Source: Central Ky Real Estate #1704922 Report a problem | ||
| 1/12/2012 | Sold | $512,000-70.8% |
Source: | ||
| 11/1/2004 | Sold | $1,754,550 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $178 | $887,300 |
| 2023 | $178 +26.7% | $887,300 |
| 2022 | $141 | $887,300 |
| 2021 | $141 | $887,300 |
| 2020 | $141 | $887,300 |
| 2019 | $141 | $887,300 |
| 2018 | $141 +4.9% | $887,300 +7966.4% |
| 2017 | $134 -98.9% | $11,000 -98.8% |
| 2015 | $12,412 | $887,300 |
| 2014 | $12,412 | $887,300 |
| 2012 | $12,412 | $887,300 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $1,109,100 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Marriott's Griffin Gate Golf Club
Nearby schools
GreatSchools rating
- 6/10Deep Springs Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 2/10Winburn Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Bryan Station High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Fayette County
- Lexington
- 40505
- Marriott's Griffin Gate Golf Club
- 1749 Russell Cave Rd
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