5060 Paynes Mill Road Lexington, KY $ 675,000
5060 Paynes Mill Road
$ 675,000
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5060 Paynes Mill Road

Lexington, KY, 40510
$ 675,000
Bedrooms2 Baths2.0 Sq 1,564

Monthly Estimate*

$ 4,662

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Single Family Home for sale in Lexington, KY

for $675,000 with 2 bedrooms and 2 full baths. This 1,564 square foot home was built in 2000 on a lot size of 10.07.

A Piece of Tranquility in the Heart of Horse Country Welcome to your own piece of tranquility! Tucked away on 10+ acres in Fayette County, this unique property is located approximately one mile behind Keeneland as the crow flies, offering the privacy and peacefulness of country living while being just minutes from some of Lexington's most convenient amenities. The location is hard to beat — approximately 3.5 miles to Keeneland and 4.5 miles to Blue Grass Airport, with the property also sitting conveniently close to the Woodford County line. The property features a 1,564-square-foot log home that has already been started on its renovation journey. Currently offering 2 bedrooms and 2 bathrooms, the home's unique construction creates endless possibilities. With the load-bearing walls located around the exterior, the interior layout can be reimagined to create a floor plan that fits your lifestyle. And there's even more space waiting below! The home features a walkout, unfinished basement with approximately the same amount of space as the main level, giving you the potential to nearly double your finished living area. The possibilities are endless with a 1000' driveway, there will be piece of mind without worrying about kids/pets safety. Add a little fencing and create your own hobby or horse farm, transform the property into a unique short-term rental near Keeneland and the airport, or finish the home into your own private country retreat. Imagine starting your mornings with a cup of coffee while watching the sunrise, or winding down your evenings while enjoying beautiful Kentucky sunsets — all while being just minutes from Lexington. Properties with this combination of acreage, location, privacy, and potential don't come along often. Schedule your private showing today and come see the possibilities for yourself!

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Single Family Active

Price

$ 675,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Cabin

Lot Size

10.07

Year Built

2000

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26026167

Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Metal
Garage Spaces 4.0
Patio/Porch Features Porch
Architectural Style Cabin
Construction Materials Log
Year Built 2000
View Farm Rural Trees/Woods
Property Subtype Single Family Residence
Parcel Number 19975060
County Fayette
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N Y
Total Rooms 4
Full Baths 2
Status Active
Directions Pass Keeneland Right at The Castle Right on Paynes Mill property on the right
High School Dunbar
City Lexington
High School District Fayette County - 1
MLS Area 004 - Fayette County SW
Lot Size Units Acres
Lot Size Square Feet 438649.0
Carport Y/N N
Elementary School Meadowthorpe
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Leestown
MLS Area Minor 004 - Fayette County SW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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Interior
Basement Walk-Out Access
Flooring Wood
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1564.0
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0.0
Total Baths 2
Heating-Heat Pump True
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Exterior
Parking Features Detached Garage Garage Faces Front
Lot Features Many Trees
Water Source Public
Lot Size Area 10.07
Foundation Details Concrete Perimeter Slab
Building Area Total 1564.0
Lot Size Acres 10.07
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5060
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* Excluded Features
List By
The Agency

Broker

waynesewell02@gmail.com

Email

Affordability Calculator

$4,662
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Monthly Principal & Interest
$4,662
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Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
3289470 Elementary School
3292751 Middle School
Dunbar High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$675,000 -5.33% Price Down
9/22/2026$713,000 Listed Price

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5060 Paynes Mill Road, Lexington, KY, 40510 is a Single Family Home for sale at $675,000 with 1,564 sqft and a lot size of 10.07. 5060 Paynes Mill Road has 2 bedrooms, 2.0 baths, and was built in 2000. The property's zip code is 40510 which is in Lexington, KY