NOT LISTED FOR SALE

5505 Versailles Rd Lexington, KY 40510

Estimated Value: $5,249,941

4 Beds
3.5 Baths
3,778 Sq Ft
$1,390/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $3,808,818 $1,008 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $28,937/month

573 Days on Market

Highlights

  • Waterfront
  • 254.35 Acre Lot
  • Home Office
  • Meadowthorpe Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of April 2021

This remarkably well-located farm has not been publicly offered for generations. Measuring an appx. 254.35 acres, the property lies along US60/Versailles-Lexington Road, a major corridor for local and regional traffic, and nearly adjoins the established Westmorland neighborhood. The world-renowned Keeneland Race Course and Blue Grass Airport are just over two miles to the east, as is the desirable Beaumont neighborhood and adjacent amenities. The Bluegrass Parkway, a Kentucky state highway, is just over one mile west. Farm features include a charming main residence (4BR/3.5BA) behind mature sycamore trees, and a 3BR brick guest home that offers additional square footage for farm use or rental income. Considering the farm's location, size, and proximity to major thoroughfares and amenities, there may be an opportunity for future development potential.

Last Agent to Sell the Property

Zach Davis

Kirkpatrick & Company License #207039 Listed on: 05/07/2019

Last Buyer's Agent

Gary Denton

Rector Hayden Realtors License #187957

Rector Hayden Realtors

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,631

Lot Details

  • 254.35 Acre Lot
  • Waterfront
  • Fenced
  • Property is zoned AR

Home Design

  • Farm

Interior Spaces

  • 3,778 Sq Ft Home
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Meadowthorpe Elementary School
  • Leestown Middle School
  • Dunbar High School

Additional Features

  • Tobacco Barn
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22105680

Property Details

Property Type

Other

Est. Annual Taxes

$6,631

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Above Grade Finished Sq Ft: 3778.0
  • Levels: Two
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Farm Improvements:Tobacco Barn(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • LivingArea: 3778.0
  • Lot Size Area: 254.35
  • Possible Use: Other

Exterior Features

  • Fencing: Plank
  • List Price: 4450000.0
  • Lot Features: Gentle Sloping, Waterfront

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Meadowthorpe
  • High School: Dunbar
  • Middle or Junior School: Leestown

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Cattle
  • Lot Size Acres: 254.35
  • Lot Size Sq Ft: 11079496.17
  • Parcel Number: 22105680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
First Sec Natl Bk & Tr & Tr
Bought by
Cagle Vella C and Collins Karrick Scott
Current Estimated Value
$5,249,941
Source: Public Records

Range of Values:

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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
Cagle Vella C $3,135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $3,808,818 -14.4% $1,008 / Sq Ft
04/01/2020 04/01/20 Price Changed $4,450,000 -11.0% $1,178 / Sq Ft
05/06/2019 05/06/19 For Sale $4,998,000 -- $1,323 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

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 $6,631 $1,671,600 $0 $0
2023 $6,631 $1,671,600 $0 $0
2022 $3,905 $2,050,800 $0 $0
2021 $2,054 $2,651,000 $0 $0
2020 $2,054 $2,651,000 $0 $0
2019 $2,054 $2,651,000 $0 $0
2018 $2,054 $2,651,000 $0 $0
2017 $1,942 $186,000 $0 $0
2015 $1,574 $166,500 $0 $0
2014 $1,574 $166,500 $0 $0
2012 $1,574 $2,651,000 $2,526,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Zach Davis

    Seller's Agent in 2021

    Zach Davis

    Kirkpatrick & Company

    (859) 576-8195

    93 Total Sales

    Zach Davis
    Section Image
  • Gary Denton

    Buyer's Agent in 2021

    Gary Denton

    Rector Hayden Realtors

    (859) 685-2208

    63 Total Sales

    Gary Denton
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1909434

ImagineMLS (Bluegrass REALTORS®)

APN: 22105680

Kentucky Fayette County Lexington 40510

5505 Versailles Rd, Lexington, KY

This home is located at 5505 Versailles Rd, Lexington, KY 40510 since 07 May 2019 and is currently estimated at $5,249,941, approximately $1,389 per square foot. 5505 Versailles Rd is a home located in Fayette County with nearby schools including Meadowthorpe Elementary School, Leestown Middle School, and Paul Laurence Dunbar High School.

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.

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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