1480 Grissom Ln, Lexington KY 40516 Farms/Ranches for Sale for $1,875,000. The lot size is 250.0000 Acre(s).

Property Information
$1,875,000
Farms/Ranches
Farm
Active
Lot Size of 250.0000 Acre(s)
Lexington, KY
Fayette County
MLS/Web ID is 1400971
1480 Grissom Ln, Lexington, KY
Description

Prime Farm Land. Beautiful views overlooking white fenced horse farm and Lexington. This rare farm has 170 acres in Fayette County and 80 acres in Bourbon. The Fayette is surrounded by protected farms. It is conveniently located just 1.7 miles from Paris Pike and minutes from I-75/64 and the Horse Park. This unique property contains 2 homes, one 2 story brick historic home built possibly in the late 1700's. Both are rented. A new road has been built through the property giving it access on 2 roads.

Interior
Heating System
  • Baseboard
Sewer
  • Other
Water Source
  • City Water
Exterior
Exterior
  • House(s)
Fence
  • Other
  • Wire
Lot Description
  • Rolling/Hilly
Miscellaneous
Occupied
  • Tenant
Terms
  • Seller 1st
† Excluded Feature
Listed By
Broker: KELLER WILLIAMS GREATER LEXINGTON

Property Report

Price History
Date Price Price Change Description
1/18/2014 $1,875,000 -6.25 % Price Change
1/17/2014 $1,999,900 Listed Price
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Market Pricing

Average % of sale price Median % of sale price
All listings in Lexington $366,770 80 % below $199,900 89 % below
Farm listings in Lexington $1,288,332 31 % below $775,000 59 % below

Get the facts about Lexington, KY!

Population
299,520
Population Growth (since 2000)
15 %
Median Income
$49,016
Median Age
33.23
Households w/ Children
29 %
72,498 12,308 52,542 72,498 12,308
Find Out More! View more area information here.
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Phone
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Information deemed reliable but not guaranteed.

Listing data provided courtesy of the Internet Data Exchange Program of the Lexington Bluegrass Association of Realtors, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington Bluegrass Association of Realtors, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/1/2014.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.5% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.