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For sale
  • $1,370,000

    450 Waterworks Rd, Danville, KY 40422

    10beds
    11,442sqft
    : 
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    Farm
    Built in 1860
    26 Acres Lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Classic barnsTimeless characterExtensive modern renovationsBeautiful pine interior finishesSeveral beautiful fireplacesSpacious back deckGently rolling terrain
    Located in Danville, KY The Farm Inn is a unique hospitality and event property offering rustic charm, scenic countryside views, and endless potential. Ideal for a boutique inn, wedding venue, retreat, or private estate, this established property combines peaceful surroundings with convenient access. A rare opportunity to own a one-of-a-kind destination in Central Kentucky. Beautiful 26-acre property offers a versatile blend of productive tillable ground and fenced pasture, perfectly suited for horses, cattle, hay production, or crops. The gently rolling terrain provides scenic countryside views and excellent usability, creating a peaceful setting ideal for both agricultural and recreational use. Guests of the inn can enjoy walking trails, open green space, and the quiet charm of the surrounding landscape. With ample room for farming, livestock, outdoor events, or future expansion. Main House-This stunning 7,348 sq. ft. Colonial-style home blends timeless character with extensive modern renovations and additions throughout. Featuring 10 bedrooms, 8 bathrooms, 2 full kitchens, multiple dining and living spaces, and several beautiful fireplaces, the property is perfectly suited for a bed & breakfast, boutique inn, or short-term room rentals. Thoughtfully updated while preserving its historic charm, this spacious estate offers exceptional flexibility for hospitality, events, or private residential use. Guest House- A charming 1,200 sq. ft. guest house offers flexible living space with a studio-style layout, full kitchen, and full bath. Ideal for long-term tenants, short-term rentals, guest accommodations, or an event prep building. Cabin 1 and Cabin 2- A pair of beautiful 1,400 sq. ft. guest cabins combines rustic warmth with comfortable living, featuring beautiful pine interior finishes, 2 bedrooms, 1 full bath, a cozy loft, full kitchen, and inviting living area. A spacious back deck offers the perfect place to relax and enjoy the peaceful countryside setting. Ideal for short-term rentals, private guest accommodations, or elegant bride and groom suites, this cabin provides both character and income-producing potential. Outbuildings/Barns-The property also features two classic barns and three silos that add incredible character and visual appeal to the grounds. Beyond their charming farmhouse aesthetic, the barns provide excellent storage and functional space for event supplies, equipment, décor, or agricultural use, further enhancing the property's versatility for hospitality, weddings, and special events. This picturesque property offers endless recreational opportunities in a peaceful countryside setting. The gently rolling 26 acres are ideal for walking trails, horseback riding, outdoor gatherings, gardening, and enjoying the scenic beauty of Central Kentucky. With open green space, charming barns, and quiet surroundings, the property creates the perfect retreat for relaxation, weekend escapes, weddings, events, or agritourism experiences just minutes from town, golfing, and the Bourbon Trail. This property is well suited for a variety of agricultural uses, featuring a combination of productive tillable ground and fenced pasture ideal for crops, cattle, horses, or a hobby farm operation. The gently rolling landscape provides excellent usability for grazing, hay production, gardening, or recreational farming, while also offering scenic open space that complements the property's peaceful rural setting. Previously operated as a successful inn from 2010-2019, the property offered guests a true Kentucky experience - waking up to breakfast before being chauffeured in a sprinter van for tours along the famous Bourbon Trail. Today, the property continues to generate income through a combination of long-term and short-term rentals, offering excellent flexibility and proven hospitality potential for future owners. Seller incentives- The sellers are amenable to including up toa $25,000 courtesy sellercredit to buyer at the time of closing. Further, recognizing the uniqueness of the Property and its many uses, the sellers will also consider offers that contemplate partial seller financing.Parties may contact the listing agent to initiate a conversation about the terms and conditions of any such dynamic financing. Kentucky enjoys a moderate four-season climate with warm summers, mild springs and falls, and generally moderate winters. The region is known for its lush green landscapes, rolling countryside, and long growing seasons that are ideal for agriculture, horse farms, and outdoor recreation. Seasonal changes bring colorful autumn foliage, blooming spring scenery, and comfortable conditions for year-round tourism and events. Danville, founded in 1787, is known as the "Birthplace of Kentucky" because it hosted the conventions that led to Kentucky becoming the 15th state in 1792. Rich in history and preserved architecture, Danville features a vibrant downtown filled with historic buildings, locally owned shops, restaurants, and cultural attractions. The city is also home to Centre College, one of the nation's top liberal arts colleges, and is centrally located near Kentucky's famous Bourbon Trail and scenic countryside. Located in Danville, this property offers the perfect balance of peaceful countryside living and convenient access to local amenities. Known for its historic charm, vibrant downtown, and rich Kentucky heritage, Danville is home to unique shops, restaurants, entertainment, and the renowned Bourbon Trail. Centrally positioned in Central Kentucky, the area provides easy access to Lexington, outdoor recreation, and regional attractions while maintaining the quiet appeal of small-town living.
    47 days
    |
    727
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    27
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Silas Sparrow 502-517-1749,

    Hayden Outdoors Real Estate

    Source: NY State MLS,MLS#: 11742078

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 10
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 11,442
      • Total interior livable area: 11,442 sqft
      • Finished area above ground: 11,442
      Video & virtual tour

      Property

      Features
      • Frontage length: 0
      Lot
      • Size: 26 Acres
      Details
      • Parcel number: 049000010
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Condition
      • New construction: No
      • Year built: 1860

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Danville

      Financial & listing details

      • Price per square foot: $120/sqft
      • Tax assessed value: $350,000
      • Annual tax amount: $3,413
      • Date on market: 5/12/2026
      • Date available: 05/04/2026
      • Listing agreement: Exclusive

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,464/mo

        Price history

        DateEventPrice
        5/12/2026Listed for sale$1,370,000-5.5%$120/sqft
        Source: NY State MLS #11742078 Report a problem
        3/13/2026Listing removed$1,450,000$127/sqft
        Source: Imagine MLS #25507972 Report a problem
        3/6/2026Price change$1,450,000-13.7%$127/sqft
        Source: Imagine MLS #25507972 Report a problem
        12/15/2025Listed for sale$1,680,000+2796.6%$147/sqft
        Source: Imagine MLS #25507972 Report a problem
        5/27/2020Sold$58,000$5/sqft
        Source: Imagine MLS #1925419 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,413 -1.1%$350,000
        2023$3,449 -13.1%$350,000
        2022$3,969 -8.4%$350,000 -7.4%
        2021$4,332 +1.2%$378,000 +4.3%
        2020$4,279 -1.5%$362,500 -0.7%
        2019$4,346 +49.5%$365,000 +28.1%
        2015$2,907 $285,000
        2012$2,907 +2.7%$285,000
        2011$2,830 $285,000
        2010-- $285,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 40422

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: 000000

          Source: NY State 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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