1542 Ferguson Road
Lexington, KY 40511

$3,150,000

Beds: 3
Baths: 1 | 1
Sq. Ft.: 1,948
Type: Farm
Listing #25012485
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.
Property Features
Location Information
County: Fayette
MLS Area: 002 - Fayette County NE
Latitude: 38.175303
Longitude: -84.358197
Subdivision: Rural
Directions: From Paris Pike/Lexington Road turn onto Ferguson Road. Property will be on your right after 1.5 miles
Interior Features
Levels: One
Full Baths: 1
1/2 Baths: 1
Levels: One
Exterior Features
StructureType: House
Water Source: Public
Septic or Sewer: Septic Tank
Fencing: Plank
Horse Property Description: Barn, Hay Storage
Lot Features: Level, Gentle Sloping
Topography: Gentle Sloping, Level
Lot Size in Acres: 193.59
Lot Size in Sq. Ft.: 8,432,780
Possible Best Use: Horses, Pasture
Building Total Area (Sq. Ft.): 1,948
View Description: Farm
Additional Information
Property Type: FRM
Property SubType: Farm
APN: 21958000
Status: Active
Farm Description: Auto Waterers, Equipment Building(s)


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Courtesy of:
Biederman Real Estate
Logo
© 2025 ImagineMLS. All rights reserved.
© 2025 ImagineMLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the ImagineMLS. Real estate listings held by IDX Brokerage firms other than Bluegrass Realty and Investments are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
ImagineMLS data last updated at December 7, 2025, 7:44 PM ET