NOT LISTED FOR SALE

Estimated Value: $529,000 - $5,504,000

4 Beds
4.5 Baths
4,220 Sq Ft
$838/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $5,095,000 $1,207 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $19,578/month

68 Days on Market

Highlights

  • 24 Paddocks and Pastures
  • View of Trees or Woods
  • Cape Cod Architecture
  • 60 Horse Stalls
  • 252 Acre Lot
  • Farm

About This Home

As of August 2023

We are honored to present Stonereath Stud, a completely proven, completely turn key Horse Farm located in the center of the Bluegrass and Kentucky's horse industry. Long known as a very productive and recognized thoroughbred nursery, Stonereath Stud is suitable for any equine discipline and for any owner that wants the best land in the world for raising and housing quality bloodstock.
The many horse improvements include 60 stalls in four barns, 24 paddocks, 7 fields, auto waterers, 6 horse covered Kraft Equiciser, 60ft roundpen, and yearling showring area.
On the human side, the property features a 4200 sqft owner residence which is completely charming and includes 4 ensuite bedrooms, living room, paneled study with wet bar, dining room, updated kitchen and more. There are also three employee residences, one of which is now being used as the farm office.
Stonereath is world renowned for a reason; great land, on which great people have raised wonderful horses for decades. Located 20 mins to the Kentucky Horse Park and in the neighborhood of Town and Country Farm and Denali Stud.

Last Agent to Sell the Property

Tom Biederman

Biederman Real Estate License #186255 Listed on: 03/30/2023

Last Buyer's Agent

Allen Kershaw

Justice Real Estate License #217369

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 252 Acre Lot
  • Plank Fence
  • Fenced
  • Mesh Fence
  • Level Lot
  • Property is zoned AR

Property Views

  • Woods
  • Farm

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,220 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • 24 Paddocks and Pastures

Farming

  • Horse or Livestock Barn
  • Equipment Barn
  • Farm
  • Silo

Horse Facilities and Amenities

  • 60 Horse Stalls
  • Run-In Shed

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Spring water is a source of water for the property
  • Septic Tank
  • Phone Available

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-00-00-005.00

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

252 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Cape Cod
  • Structure Type: House
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 4220.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Architectural Style:Cape Cod: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Fencing:V-Mesh: Yes
  • Farm Improvements:Silo(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace: Yes
  • LivingArea: 4220.0
  • Lot Size Area: 252.0
  • Possible Use: Pasture, Horses

Exterior Features

  • Fencing: Plank, V-Mesh
  • List Price: 5795000.0
  • Lot Features: Gentle Sloping, Level
  • Other Structures: Workshop
  • View: Farm, Trees/Woods
  • View YN: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Phone Available, Propane Connected, Water Connected
  • Water Source: Public, Spring
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Topography: Gentle Sloping, Level
  • Lot Dimensions: 252 acres
  • Current Use: Horses
  • Horse Amenities: Barn
  • Lot Size Acres: 252.0
  • Lot Size Sq Ft: 10977120.0
  • Parcel Number: 005-00-00-005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Bourbon Circuit Court
Bought by
Commonwealth Of Kentucky Transportation Cabin
Current Estimated Value
$3,537,044
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Commonwealth Of Kentucky Transportation Cabin $55,750 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $5,095,000 -12.1% $1,207 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $5,795,000 -- $1,373 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $16,495 $1,922,500 $160,000 $1,762,500
2024 $16,668 $1,922,500 $160,000 $1,762,500
2023 $7,670 $2,594,700 $2,522,700 $72,000
2022 $6,129 $2,589,800 $2,487,600 $102,200
2021 $6,623 $2,589,800 $2,487,600 $102,200
2020 $6,839 $2,589,800 $2,487,600 $102,200
2019 $5,064 $1,941,300 $1,871,300 $70,000
2018 $5,247 $1,941,300 $1,871,300 $70,000
2017 $5,190 $1,941,300 $1,871,300 $70,000
2016 $5,137 $0 $0 $0
2015 $5,020 $505,640 $435,640 $70,000
2014 $2,809 $505,640 $80,640 $425,000
2011 $2,809 $295,640 $80,640 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23005544

ImagineMLS (Bluegrass REALTORS®)

APN: 005-00-00-005.00

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