Sold
Last Sold Price
3 beds1,948 sqft
1542 Ferguson Road, Lexington, KY 40511
FarmProperty Type
193.59 acresLot Size

Description

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 the surrounding bluegrass. The improvements on this property are in need of renovation and repair however...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 the surrounding bluegrass. The improvements on this property are in need of renovation and repair however the infrastructure and land offers many opportunities in this fantastic location- 20 minutes to the Kentucky Horse Park, 11 minutes to Paris, 16 minutes to I-64/75 and New Circle Road. This property is offered in its ''as-is'' condition with inspections welcome.
  • Listed by: Tom Biederman 859.277.2030 tvbiederman@gmail.com • Biederman Real Estate
  • Listed by: Westin Osborn 704.975.4195 westinosborn@outlook.com • Biederman Real Estate
Listing closed: 03/03/2026 12:00 AM • Source: Imagine MLS, MLS#: 25012485

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Recent comparable sales

Median sold price

$700,000

Avg days on market

30

Sale-to-list ratio

99.4%

Lexington, KY

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Location

Listing Courtesy of Biederman Real Estate

Sold By Biederman Real Estate

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$15,781 per month

30 year fixed, 7.03% Interest

Principal and Interest

$15,482

Property Taxes

$299

HOA Dues

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Property Information for 1542 Ferguson Road

Property Details
  • MLS Type: Farm / Farm
  • Subdivision Name: Rural
  • View: Farm
  • View: Yes
  • Zoning: AR
Building Information
  • Lot Size: 193.59 AC
Summary
Location and General Information
  • Directions: From Paris Pike/Lexington Road turn onto Ferguson Road. Property will be on your right after 1.5 miles
  • Latitude: 38.175303
  • Longitude: -84.358197
  • MLS Area Major: 002 - Fayette County NE
  • MLS Area Minor: 002 - Fayette County NE
Taxes and HOA
  • Parcel Number: 21958000
Property
Lot Information
  • Lot Features: Level, Gentle Sloping
  • Lot Size Acres: 193.59
  • Lot Size Area: 193.59
  • Lot Size Dimensions: 193ac
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8432780.0
  • Lot Size Units: Acres
  • Topography: Gentle Sloping, Level
Property and Assessments
  • Above Grade Finished Area: 1948.0
  • Building Area Total: 1948.0
  • Current Use: Horses
  • Living Area: 1948.0
  • New Construction: No
Building Features
  • Levels: One
  • Structure Type: House
Farm Information
  • Horse Amenities: Barn, Hay Storage
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Plank
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Property History for 1542 Ferguson Road

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Sold

Imagine MLS #25012485

$2,900,000—
Jan 20, 2026

Contract Signed

Imagine MLS #25012485

—
Jun 12, 2025

Listed (Active)

Imagine MLS #25012485

$3,150,000—
DateEvent & SourcePrice
03/03/2026

Sold

Imagine MLS #25012485

$2,900,000
01/20/2026

Contract Signed

Imagine MLS #25012485

—
06/12/2025

Listed (Active)

Imagine MLS #25012485

$3,150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1542 Ferguson Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,592 ($299 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size3,659,301 SqFtStyleFarmsYear Built1990ZoningA-RCountyFAYETTEAPN21958000

Schools near 1542 Ferguson Road

This home is within Fayette County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Russell Cave Elementary School
PublicPK to 5

Winburn Middle School
Public6 to 8

Bryan Station High School
Public9 to 12

The Stables
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1542 Ferguson Road, Lexington, KY 40511
$2,900,000
3
1,948
8,432,780
–
–
–
–
583,748
$1,200,000
2
1
1,699
3,605,897
$626,000
–
3,882
856,433
–
–
–
–
583,878
$875,000
4
3,800
871,200

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Biederman Real Estate

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