
Land with Home for Sale in Lexington, Kentucky
5060 Paynes Mill Rd, Lexington, KY 40510
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!
Location
- Street address
- 5060 Paynes Mill Rd
- County
- Fayette County
- Zip code
- 40510
- School district
- Fayette County - 1
- Elevation
- 855 feet
Directions
Pass Keeneland, Right at The Castle, Right on Paynes Mill, property on the right
Property details
- Acreage
- 10.07 acres
- MLS #
- LBAR 26026167
- Posted
Parcels
- 19975060
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Many Trees
Exterior
- Parking
- Garage, Garage-Detached, Workshop
Structure
- Basement
- Walk-Out Access
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Heat Pump
- Materials
- Log
- Roof
- Metal
Interior
- Room Count
- 4
- Rooms
- Basement, Bathroom x 2, Bedroom x 2, Laundry Room
- Flooring
- Wood
- Fireplaces
- Yes
Nearby schools
| Name | Type | District |
|---|---|---|
| Meadowthorpe | Elementary | Fayette County - 1 |
| Leestown | Middle | Fayette County - 1 |
| Dunbar | High | Fayette County - 1 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 22, 2026 | New listing | $713,000 | — | LBAR |




















































































