$3,500,000
$370K PRICE DROP

1901 Ferguson Rd Lexington, KY 40511

Jimtown Neighborhood

Estimated payment $20,671/month

Total Views 16,287
198 Acres
$17,634 Price per Acre
8,645,789 Sq Ft Lot

Highlights

  • In Ground Pool
  • Views of a Farm
  • Wood Burning Stove
  • 198.48 Acre Lot
  • Colonial Architecture
  • Wood Flooring

About This Lot

First time on the market in over 40 years! Corner Woods is as beautiful as it is known for producing horses! Inviting and gracious 5200 sf historical home (with elevator), 3000 sf Manager's Home, 2 employee houses, 5 barns - 50 stalls, and excellent soils!!

Proof of funds required prior to showing.

Listing Agent

Bill Justice

Justice Real Estate License #223731 Listed on: 02/06/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,090

Year Built

  • Built in 1860

Lot Details

  • 198.48 Acre Lot
  • Plank Fence
  • Fenced
  • Gentle Sloping Lot
  • Property is zoned AR

Parking

  • Garage

Property Views

  • Farm
  • Rural

Home Design

  • Colonial Architecture

Interior Spaces

  • 5,022 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Entrance Foyer
  • Dining Room
  • Den
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Not Applicable Middle School

Farming

  • Horse or Livestock Barn

Horse Facilities and Amenities

  • Hay Storage
  • Run-In Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Oil
  • Heating System Uses Oil
  • Baseboard Heating
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 27015600

Community Details

Overview

  • Rural Subdivision

Recreation

  • In Ground Pool

Property Details

Property Type

Land

Est. Annual Taxes

$18,090

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • Architectural Style: Colonial
  • Structure Type: House
  • Year Built: 1860
  • Levels: Two
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-05-01
  • General Property Description:Lot Size Acres: 198.483
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • Stories:Two2: Yes
  • Water Source:Public: Yes
  • View:Rural: Yes
  • General Property Description:Approximate Living Area: 5022.0
  • View:Farm: Yes
  • Topography:Gently Rolling: Yes
  • General Property Description:Half Baths: 1
  • Architectural Style:Colonial: Yes
  • Utilities:Telephone2: Yes
  • Main Residence Features:Foyer3: Yes
  • Main Residence Features:Central Air: Yes
  • Main Residence Features:Hardwood Floors: Yes
  • Main Residence Features:Carpeted: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Fencing:Plank: Yes
  • Main Residence Features:Inground Pool2: Yes
  • Main Residence Features:Basement5: Yes
  • Main Residence Features:Den2: Yes
  • Main Residence Features:Wood Stove3: Yes
  • Farm Improvements:Hay Storage: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 5022.0
  • Lot Size Area: 198.48
  • Possible Use: Horses
  • Main Residence Features:Dining Room4: Yes

Exterior Features

  • Disclosures: Inground Tanks
  • Fencing: Plank
  • List Price: 3500000.0
  • View: Farm, Rural

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Combination, Forced Air, Electric, Oil
  • Heating: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Combination2: Yes
  • Heating:Oil: Yes

Lot Info

  • Topography: Gently Rolling
  • Current Use: Horses
  • Lot Size Acres: 198.48
  • Lot Size Sq Ft: 8645919.0
  • Parcel Number: 27015600

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,090 $3,048,700 $0 $0
2023 $18,090 $3,048,700 $0 $0
2022 $12,331 $2,782,500 $0 $0
2021 $12,331 $2,782,500 $0 $0
2020 $12,331 $2,782,500 $0 $0
2019 $12,331 $2,782,500 $0 $0
2018 $12,331 $2,782,500 $0 $0
2017 $11,661 $1,116,800 $0 $0
2015 $10,302 $1,089,500 $0 $0
2014 $10,302 $1,089,500 $0 $0
2012 $10,302 $2,782,500 $1,773,000 $1,009,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $3,500,000 -9.6% $697 / Sq Ft
02/06/2025 02/06/25 For Sale $3,870,000 0.0% $771 / Sq Ft
01/31/2025 01/31/25 Off Market $3,870,000 -- --
05/01/2023 05/01/23 For Sale $3,870,000 -- $771 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Closed $500,000 Construction
Closed $100,000 Unknown
Closed $100,000 Unknown
Closed $500,000 Unknown
Source: Public Records

Similar Property in Lexington, KY

  • 1542 Ferguson Rd, Lexington, KY 40511

    $3,150,000

    • Land
    • 194 Acres
    • $16,272 per Acre
    • 1542 Ferguson Rd
    • Lexington, KY

    Locust Grove Farm, 193± acre horse farm property located less than 2 miles from Paris Pike and 1.2 miles from Greenwich Pike. Property amenities include 80 stalls over 5 barns with several tack rooms, 2 employee residences, 10 large fields and 7 paddocks with plank fencing and 4 ponds. Straddling the Fayette/Bourbon County line, this land sits on a higher elevation with wonderful scenic views of

    Tom Biederman Biederman Real Estate

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23007743

ImagineMLS (Bluegrass REALTORS®)

APN: 27015600

Kentucky Fayette County Lexington 40511 Jimtown

1901 Ferguson Rd, Lexington, KY

This home is located at 1901 Ferguson Rd, Lexington, KY 40511 and is currently priced at $3,500,000, approximately $696 per square foot. This property was built in 1860. 1901 Ferguson Rd is a home located in Fayette County with nearby schools including Russell Cave Elementary School, Winburn Middle School, and Bryan Station High School.

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ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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Bill Justice
Listing Agent
Bill Justice
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Justice Real Estate
(859) 470-2250