Paynes Depot Homes for Sale

/5
$305,000
- Land
- 5.00 Acres
- $61,000 per Acre
3669 Ironworks Rd Unit B-3, Georgetown, KY 40324

Location, location, location! Three beautiful 5 acre tracts, gently rolling, perfect for your dream home. Good grass and soil, approx. 267 road frontage. Convenient to interstate, Georgetown, and Lexington. You should come view these lots if you are in the market for a wonderful home site.

Gary Denton Rector Hayden Realtors

3669 Ironworks Rd Unit B-3, Georgetown, KY 40324
Explore Paynes Depot
/5
$305,000
- Land
- 5.00 Acres
- $61,000 per Acre
3669 Ironworks Rd Unit B-2, Georgetown, KY 40324

Location, location, location! Three beautiful 5 acre tracts, gently rolling, perfect for your dream home. Good grass and soil, approx. 267 road frontage. Convenient to interstate, Georgetown, and Lexington. You should come view these lots if you are in the market for a wonderful home site.

Gary Denton Rector Hayden Realtors

3669 Ironworks Rd Unit B-2, Georgetown, KY 40324
/5
$305,000
- Land
- 5.00 Acres
- $61,000 per Acre
3669 Ironworks Rd Unit B-1, Georgetown, KY 40324

Location, location, location! Three beautiful 5-acre tracts, gently rolling, perfect for your dream home. Good grass and soil, approx. 267 road frontage. Convenient to interstate, Georgetown, and Lexington. You should come view these lots if you are in the market for a wonderful home site.

Gary Denton Rector Hayden Realtors

3669 Ironworks Rd Unit B-1, Georgetown, KY 40324
/65
$4,250,000
- Land
- 82 Acres
- $51,829 per Acre
2120 Ironworks Rd, Georgetown, KY 40324

All equestrian enthusiasts must see this beautiful horse farm in the middle of some of the best horse land in central Kentucky. This is your once in a lifetime opportunity to purchase the centerpiece of historic Crimson King Farm. Boasting an impressive stone entrance off Ironworks Road this nearly flat ap 82 acres has additional acres available. Deep Maury soils and what a location! 3 Miles

Rita Jones Keller Williams Commonwealth

2120 Ironworks Rd, Georgetown, KY 40324
/45
$856,250
- 5 Beds
- 3 Baths
- 4,202 Sq Ft
136 King Fisher Way, Midway, KY 40347

When only the best will do... From the moment you step from the front porch into the inviting foyer you will be amazed the space as well as the amenities this home brings. At the heart of the home a spacious great room with masonry fireplace and gas logs, flows seamlessly into a massive kitchen, an abundance of tall white cabinets, highlighted by an oversized island, plus bar quartz countertops.

Diana Roark Rector Hayden Realtors

136 King Fisher Way, Midway, KY 40347
/15
$864,000
- Land
- 18 Acres
- $48,000 per Acre
2639 Weisenberger Mill Rd, Midway, KY 40347

A once in a lifetime opportunity to own prime farm land with an incredible homesite awaits. Nestled between downtown Lexington and Midway, this Lot boasts soil of statewide importance, as well as incredible views for your home... all tucked down a private (soon to be paved) driveway. This premier land offering backs up to the Elkhorn Creek, but is high enough ground to have no concerns.

Sarah MacHarg Kentucky Land and Home

2639 Weisenberger Mill Rd, Midway, KY 40347
/15
$528,000
- Land
- 11 Acres
- $48,000 per Acre
2639 Weisenberger Mill Rd, Midway, KY 40347

A once in a lifetime opportunity to own prime farm land with an incredible homesite awaits. Nestled between downtown Lexington and Midway, this Lot boasts soil of statewide importance, as well as incredible views for your home... all tucked down a private (soon to be paved) driveway. This premier land offering backs up to the Elkhorn Creek, but is high enough ground to have no concerns.

Sarah MacHarg Kentucky Land and Home

2639 Weisenberger Mill Rd, Midway, KY 40347
/63
$1,145,000
- 5 Beds
- 4.5 Baths
- 5,542 Sq Ft
101 Sand Piper Ct, Midway, KY 40347

Welcome to this stunning 5-bedroom, 4.5-bath home nestled on 2.5 beautifully landscaped acres in the highly desirable Fishers Mill Landing subdivision. Perfectly situated on a private corner lot, this property offers a serene escape with mature trees, a charming creek, and a firepit-ideal for relaxing evenings outdoors. Inside, you'll find thoughtful design and upscale features throughout. The

Kathy Martini Signature Real Estate, LLC

101 Sand Piper Ct, Midway, KY 40347
/97
$1,600,000
- 2 Beds
- 1.5 Baths
- 1,914 Sq Ft
106 Sand Piper Ct, Midway, KY 40347

Turnkey Equestrian Facility | 16 Stalls | 2 Arenas | Eurociser | 20 Min to KY Horse Park.Exceptional 12.59-acre equestrian farm in Midway, KY, designed for high-level training and year-round use. Features a 100x180 outdoor arena with glacier-sand footing and a fully insulated 80x180 indoor arena with low-dust polytrack.Equine amenities include a 10-stall pony/yearling barn, six 14x14

Mohamed Mahmoud Keller Williams Bluegrass Realty

106 Sand Piper Ct, Midway, KY 40347
/108
$2,200,000
- Land
- 23 Acres
- $94,583 per Acre
140 Seahawk Trail, Midway, KY 40347

Coming in at just under 24 acres total, this Midway farm has it all! Thoughtfully designed by it's present owners, it is ready for some new love! Improvements on it's two parcels include: a 100x180 outdoor arena w/glacier sand, a 10 stall pony/yearling barn, (2) 80 ft lunge pins, a 4 bay Eurociser, a fowl barn, stocked pond, an 32x70 hoop barn, (2) 20x30 storage barns, an 80x180 indoor arena w/

Mohamed Mahmoud Keller Williams Bluegrass Realty

140 Seahawk Trail, Midway, KY 40347

Kentucky Fayette County Lexington Paynes Depot

Why Live in Paynes Depot

Paynes Depot, located ten miles northwest of downtown Lexington, is a luxury rural community known for its horse farms and multi-acre properties. The neighborhood's culture is deeply rooted in equestrian activities, with facilities like Three Day Farm offering riding lessons and competitive training for all levels. The area has seen an influx of out-of-state residents seeking land and a rural lifestyle, particularly those involved with horses. Homes in Paynes Depot range from older ranch-style houses to custom mansions in subdivisions like Fishers Mill Landing, where properties span 5 to 30 acres. The neighborhood is safer than the national average, with a low crime risk. Students attend highly rated schools, including Western Elementary and Scott County Middle School. For outdoor recreation, residents can visit Midway’s Walter Bradley Park, five miles west, or the University Club of Kentucky, three miles east. Local dining options include Heirloom and Holly Hill Inn in Midway, while J & N Grocery provides homemade meals and groceries within the neighborhood. Paynes Depot is conveniently situated 15 minutes from Frankfort, Lexington, and Kentucky Horse Park, with easy access to Interstate 64. The area lacks public transit, so residents rely on cars for transportation. Nearby attractions include Kentucky Horse Park, Keeneland, and local distilleries like Saddlestone Distillery and Bluegrass Distillers. The Blue Grass Airport is 10 miles south, and the nearest medical center is Georgetown Community Hospital, six miles north.

Learn more about living in Paynes Depot

Frequently Asked Questions

Is Paynes Depot a good place to live?

Paynes Depot is a good place to live. Paynes Depot is considered very car-dependent and somewhat bikeable. Paynes Depot is a rural neighborhood. Paynes Depot has 8 parks for recreational activities. It is sparse in population with 0.1 people per acre and a median age of 48. The average household income is $175,798 which is above the national average. College graduates make up 56.7% of residents. A majority of residents in Paynes Depot are home owners, with 11.8% of residents renting and 88.2% of residents owning their home. A local real estate agent serving Paynes Depot can help you decide if this neighborhood is the right one for you. Learn more on our Paynes Depot neighborhood guide.

How much do you need to make to afford a house in Paynes Depot?

The median home price in Paynes Depot is $512,495. If you put a 20% down payment of $102,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $114K a year to afford the median home price in Paynes Depot. The average household income in Paynes Depot is $176K.

What are the best public schools in Paynes Depot?

The best public schools that serve Paynes Depot are:

Western Elementary School has a B+ Niche grade and a student teacher ratio of 16:1.
Northside Elementary School has a B+ Niche grade and a student teacher ratio of 15:1.
Scott County High School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 3.4.

What are the best private schools in Paynes Depot?

The best private schools that serve Paynes Depot are:

Providence Christian Academy has a student teacher ratio of 6:1 and an average review score of 5.0.

What are the most popular zip codes in Paynes Depot, Lexington, KY?

The most popular zip codes in Paynes Depot, Lexington, KY include 40347, 40324, 40511, 40342 and 40383.

What are the most popular neighborhoods near Paynes Depot, Lexington, KY?

The most popular neighborhoods near Paynes Depot, Lexington, KY are Bonita, South Scott County, Bradford Place, Indian Hills and Mount Vernon.

Are home prices dropping in Paynes Depot?

Yes, home prices in Paynes Depot are down 20% in the last 12 months.

Home Trends in Paynes Depot, KY

On average, homes in Paynes Depot, Lexington sell after 232 days on the market compared to the national average of 70 days. The median sale price for homes in Paynes Depot, Lexington over the last 12 months is $395,000, up 26% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$395,000

Median Single Family Sale Price

$395,000

Median Townhouse Sale Price

$340,000

Average Price Per Sq Ft

$317

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.60

Median List Price

$512,495

Median Change From 1st List Price

Median Home Sale Price YoY Change

26%

How to Buy a Home How to Finance a Home How to Sell a Home

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage