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Land with Home for Sale in Lexington, Kentucky

5060 Paynes Mill Rd, Lexington, KY 40510

$713,000
10 acres
Active sale
ago
Est $4,072/mo

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!

1,564
Sq feet
2
Beds
2
Full baths
2000
Built

Location

Street address
5060 Paynes Mill Rd
Zip code
40510
School district
Fayette County - 1
Elevation
855 feet
Coordinates
38.0808, -84.6335

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

NameTypeDistrict
MeadowthorpeElementaryFayette County - 1
LeestownMiddleFayette County - 1
DunbarHighFayette County - 1

Listing history

DateEventPriceChangeSource
Sept 22, 2026New listing$713,000—LBAR
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This 10.07-acre property is located at 5060 Paynes Mill Rd in Lexington, KY 40510. The property is available for sale, priced at $713,000. It has a 1,564 square foot 2-bedroom, 2-bath house built in 2000.

Listed by The Agency, (859) 285-0614

Checked 1 hour agoUpdated Source

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