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Sold for $2,900,000
  • $2,900,000

    1542 Ferguson Rd, Lexington, KY 40511

    3beds
    1,948sqft
    Farm
    Built in ----
    193.59 Acres Lot
    $-- Zestimate®
    $1,489/sqft
    $2,107 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,107/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 04, 2026 at 08:23am

    Listed by:

    Tom Biederman 859-277-2030,

    Biederman Real Estate,

    Westin Osborn 704-975-4195,

    Biederman Real Estate

    Bought with:

    Tom Biederman, 186255

    Biederman Real Estate

    Source: Imagine MLS,MLS#: 25012485MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 1,948
    • Total interior livable area: 1,948 sqft
    • Finished area above ground: 1,948

    Property

    Features
    • Levels: One
    • Fencing: Plank
    • Has view: Yes
    • View description: Farm
    Lot
    • Size: 193.59 Acres
    • Dimensions: 193ac
    • Features: Level, Gentle Sloping
    • Topography: Gentle Sloping, Level
    Details
    • Parcel number: 21958000
    • Zoning: AR
    • Horse amenities: Barn, Hay Storage

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lexington
    • Subdivision: Rural

    Price history

    DateEventPrice
    3/3/2026Sold$2,900,000-7.9%$1,489/sqft
    Source: Imagine MLS #25012485 Report a problem
    1/20/2026Contingent$3,150,000$1,617/sqft
    Source: Imagine MLS #25012485 Report a problem
    6/12/2025Listed for sale$3,150,000+160.3%$1,617/sqft
    Source: Imagine MLS #25012485 Report a problem
    9/6/2013Sold$1,209,938-24.4%$621/sqft
    Source: Imagine MLS #1201904 Report a problem
    2/17/2006Sold$1,600,000+20.8%$821/sqft
    Source: Imagine MLS #506069 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$3,592 +19.3%$1,360,700 +3.9%
    2022$3,010 $1,309,500
    2021$3,010 $1,309,500

    Find assessor info on the county website

    Neighborhood: 40511

    Nearby schools

    GreatSchools rating