Located along the desirable Old Frankfort Pike (a federally designated scenic byway), Royal Farm is perfectly situated amongst legendary farms including Calumet, Darby Dan, Donamire, Stonestreet, Three Chimneys, and Windhaven. Accessed by a lovely tree-lined drive, fine views abound across the farm's 20 acres. One field and two paddocks add utility for equestrians. Mature trees and plantings enhance the landscape. The well-sized 6BR, 5.5BA house has been stylishly updated with modern finishes. Large windows and French doors ensure abundant light, while a series of porches add space for indoor & outdoor entertaining. The home's fireplaces delight on cold evenings. At 10 minutes from downtown or Keeneland & only 12 minutes from the LEX airport, the best of the Bluegrass is at one's fingertips. The premium address and convenient location make the farm a most rare Fayette County offering.
Sold for $1,437,500
Tax assessed value
$1,437,500
4050 Old Frankfort Pike, Lexington, KY 40510
6beds
5,088sqft
Farm
Built in ----
20 Acres Lot
$1,737,100 Zestimate®
$283/sqft
$8,933 Estimated rent
Home value
$1,737,100
$1.56M - $1.95M
$8,933/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Zach Davis 859-576-8195,
Kirkpatrick & Company
Bought with:
Zach Davis, 207039
Kirkpatrick & Company
Source: Imagine MLS,MLS#: 23018966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bathroom 1
- Description: Full Bath
Bathroom 2
- Description: Full Bath
Bathroom 3
- Description: Full Bath
Bathroom 4
- Description: Full Bath
Bathroom 5
- Description: Half Bath
Heating
- Zoned
Interior area
- Total structure area: 5,088
- Total interior livable area: 5,088 sqft
- Finished area above ground: 3,860
- Finished area below ground: 1,228
Property
Features
- Levels: Two
- Has view: Yes
- View description: Rural, Trees/Woods, Farm
Lot
- Size: 20 Acres
- Dimensions: 20 Acres
Details
- Parcel number: 26485600
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Rural
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $1,437,500
- Annual tax amount: $10,175
- Date on market: 9/29/2023
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2023 | Sold | $1,437,500-5.7%$283/sqft |
Source:  Imagine MLS #23018966 Report a problem | ||
| 11/10/2023 | Contingent | $1,525,000$300/sqft |
Source: Imagine MLS #23018965 Report a problem | ||
| 11/7/2023 | Price change | $1,525,000-4.6%$300/sqft |
Source: Imagine MLS #23018965 Report a problem | ||
| 9/29/2023 | Listed for sale | $1,599,000+25.4%$314/sqft |
Source: Imagine MLS #23018965 Report a problem | ||
| 11/23/2022 | Sold | $1,275,000$251/sqft |
Source: Imagine MLS #22025287 Report a problem | ||
| 11/20/2022 | Pending sale | $1,275,000+37.1%$251/sqft |
Source: Imagine MLS #22025287 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/8/2020 | Sold | $930,000-2%$183/sqft |
Source: Public Record Report a problem | ||
| 4/27/2020 | Pending sale | $949,000$187/sqft |
Source: Owner Report a problem | ||
| 3/31/2020 | Listed for sale | $949,000-1.7%$187/sqft |
Source: Owner Report a problem | ||
| 8/11/2019 | Listing removed | $965,000$190/sqft |
Source: Keller Williams Greater Lexington #1905574 Report a problem | ||
| 7/18/2019 | Price change | $965,000-3%$190/sqft |
Source: Keller Williams Greater Lexington #1905574 Report a problem | ||
| 6/10/2019 | Price change | $995,000-5.2%$196/sqft |
Source: Keller Williams Greater Lexington #1905574 Report a problem | ||
| 5/16/2019 | Price change | $1,050,000-4.5%$206/sqft |
Source: Keller Williams Greater Lexington #1905574 Report a problem | ||
| 4/12/2019 | Price change | $1,100,000-7.9%$216/sqft |
Source: Keller Williams Greater Lexington #1905574 Report a problem | ||
| 10/15/2018 | Price change | $1,195,000-8.1%$235/sqft |
Source: Bluegrass Sotheby's International Realty #1814062 Report a problem | ||
| 6/25/2018 | Listed for sale | $1,300,000$256/sqft |
Source: Bluegrass Sotheby's Int Realty #1814062 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,175 +20.6% | $1,437,500 +12.7% |
| 2023 | $8,439 +72.8% | $1,275,000 +37.1% |
| 2022 | $4,882 | $930,000 |
| 2021 | $4,882 +33.1% | $930,000 +13.3% |
| 2020 | $3,668 | $821,000 |
| 2019 | $3,668 | $821,000 |
| 2018 | $3,668 +5.7% | $821,000 +147.1% |
| 2017 | $3,469 +11% | $332,200 +0.5% |
| 2015 | $3,124 | $330,400 |
| 2014 | $3,124 | $330,400 -59.8% |
| 2012 | $3,124 | $821,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $330,400 |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 40510
Nearby homes
- $2,010,400-- bd2 ba3.5k sqft4100 Old Frankfort Pike, Lexington, KY 40510Off Market
- $248,400-- bd1 ba1.4k sqft3890 Old Frankfort Pike, Lexington, KY 40510Off Market
- $944,500-- bd4 ba4.2k sqft1325 Elkchester Rd, Lexington, KY 40510Off Market
- $694,300-- bd2 ba1.7k sqft4130 Old Frankfort Pike, Lexington, KY 40510Off Market
- $701,2005 bd6 ba4.3k sqft1251 Elkchester Rd, Lexington, KY 40510Off Market
- $458,1004 bd2 ba2.9k sqft1201 Elkchester Rd, Lexington, KY 40510Off Market
- $1,356,000-- bd2 ba3.9k sqft1301 Elkchester Rd, Lexington, KY 40510Off Market
- $1,260,0003 bd2 ba5.6k sqft3797 Old Frankfort Pike, Lexington, KY 40510Off Market
Nearby schools
GreatSchools rating
- 9/10Meadowthorpe Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 6/10Leestown Middle SchoolGrades: 6-8Distance: 3.8 mi
- 7/10Paul Laurence Dunbar High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Meadowthorpe
- Middle: Leestown
- High: Dunbar
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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$1,737,100
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- Kentucky
- Fayette County
- Lexington
- 40510
- 4050 Old Frankfort Pike
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