For sell for the first time in over 70 years, don't miss out on this once in a lifetime opportunity to buy 4 acres of undeveloped land in Lexington. Currently zoned A-R, a zone change could open the door to endless possibilities. Located just minutes East of downtown Lexington as well as minutes West of I-75, it is easy to see why everything surrounding this property has been developed into residential housing. Whether you are a developer looking to add this gem to your resume, or somebody looking to build their masterpiece of a dream home, don't miss out on this once in a lifetime opportunity.
For sale
$1,200,000
391 Chilesburg Rd, Lexington, KY 40509
3beds
2,744sqft
:
Get pre-qualified$7,435/mo
Farm
Built in 1900
4 Acres Lot
$399,800 Zestimate®
$437/sqft
$-- HOA
What's special
- 340 days |
- 293 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Tanner Culver 502-507-3501,
Keller Williams Commonwealth
Source: Imagine MLS,MLS#: 25009762
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Interior area
- Total structure area: 2,744
- Total interior livable area: 2,744 sqft
- Finished area above ground: 1,868
- Finished area below ground: 876
Property
Features
- Levels: One
- Fencing: Chain Link
- Has view: Yes
- View description: Rural, Trees/Woods, Neighborhood, Suburban
Lot
- Size: 4 Acres
- Dimensions: 635 x 275
- Features: Cleared, Level, Gentle Sloping
- Topography: Gentle Sloping, Level, Cleared
Details
- Parcel number: 26576100
- Zoning: AR
- Horse amenities: Barn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: Walnut Creek
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $130,000
- Annual tax amount: $1,389
- Date on market: 6/19/2026
Estimated market value
$399,800
$320,000 - $488,000
$2,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $1,200,000$437/sqft |
Source:  Imagine MLS #25009762 Report a problem | ||
| 9/3/2025 | Pending sale | $1,200,000$437/sqft |
Source: Imagine MLS #25009762 Report a problem | ||
| 9/3/2025 | Listing removed | $1,200,000$437/sqft |
Source: Imagine MLS #25009762 Report a problem | ||
| 8/28/2025 | Pending sale | $1,200,000$437/sqft |
Source: Imagine MLS #25009762 Report a problem | ||
| 5/11/2025 | Listed for sale | $1,200,000$437/sqft |
Source: Imagine MLS #25009762 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,389 | $130,000 |
| 2023 | $1,389 -3.2% | $130,000 |
| 2022 | $1,435 | $130,000 |
| 2021 | $1,435 | $130,000 |
| 2020 | $1,435 | $130,000 |
| 2019 | $1,435 -35% | $130,000 -35% |
| 2018 | $2,208 +5.7% | $200,000 |
| 2017 | $2,088 +10.4% | $200,000 |
| 2015 | $1,891 | $200,000 |
| 2014 | $1,891 | $200,000 |
| 2012 | $1,891 | $200,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $200,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 40509
Nearby schools
GreatSchools rating
- 6/10Brenda Cowan ElementaryGrades: PK-5Distance: 0.9 mi
- 9/10Edythe Jones Hayes Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Henry Clay High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Brenda Cowan
- Middle: Edythe J. Hayes
- High: Henry Clay
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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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.
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