NOT LISTED FOR SALE

Estimated Value: $2,661,682

30 Acres
$88,369 Price per Acre
1,312,027 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $7,350,000 $687 Per Sq Ft

Current estimated payment $20,518/month

209 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Great Room
  • 30.12 Acre Lot
  • Wood Flooring
  • Den

About This Lot

As of June 2022

An extraordinary opportunity to own the finest fully furnished home in Lexington. Rushing Wind Farm has been recently remastered by national award winning designer Matthew Carter Interiors who specializes in ''Southern-chic style'' and architect Brent Bruner. Upon entering this stately home, you will get the feeling of Palm Beach living meets Lexington classic grandeur! Located just 2 miles from the Kentucky Horse Park, this spacious 6-bedroom main residence has exceptional views from every room. The stunning landscaping and fully stocked shared pond on this 30 acre property, sits just off Iron Works Pike. Robert Sanders of Environmental Landscaping, who has maintained Keeneland for 30 years, has given this property a charming postcard feel. Large windows throughout bring the outside beauty of the Bluegrass region inside! Each room has custom textiles, wall-coverings and hand selected antique furnishings that give the home a cozy yet sophisticated feel. Beautiful reclaimed oak and limestone flooring flows through the living spaces. The first floor offers an expansive double height great-room with a beautiful fireplace surround and stylish bourbon bar, exquisitely designed entertaining. The large gourmet kitchen is light and bright with top-of-the line appliances and a sizable custom pantry. A chic butler's pantry sits off the distinctive formal dining room with custom wall murals. The first floor has a casual breakfast room with large bay windows as well as a generous mud-room with a separate entrance, and powder room. The large, impressive owner's office on the first floor has one of the best views of the property. The oversized primary suite is also located on the first floor and encompasses a deluxe bathroom with heated floors, his/her closets and a second separate office. The second floor has 4 spacious en-suite bedrooms and 2 large exterior terraces. There are custom laundry rooms located on both the first and second floors. The fully finished basement consists of a large gym/multi-purpose room, one full bedroom and bathroom with a separate entrance and a second powder room. The fantastic outdoor space with custom limestone work throughout completes the Kentucky feeling and is perfect for entertaining. The property has top-of-the-line new mechanicals throughout including geothermal heating/cooling, rapid hot water, and propane tanks that service the outdoor grill, Wolf range, fireplaces and water heaters. The new irrigation system and home is fed by a new water line from Iron Works Pike to the house that was recently replaced by KY American Water. All cable and electrical wiring are new and have been buried offering a clean look and the best service available. The property is being offered fully-furnished and is move-in ready. Opportunity to purchase the adjoining 30 acre property which has 2 newer homes, 2 barns totaling 26 stalls, spacious staff quarters an all-weather footing ring.

Last Listed By

Abby Jones

Bluegrass Sotheby's International Realty License #219304 Listed on: 11/09/2021

Bluegrass Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $68,276

Year Built

  • Built in 1989

Lot Details

  • 30.12 Acre Lot
  • Waterfront
  • Plank Fence
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned AR

Parking

  • Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 10,698 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Den
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Russell Cave Elementary School
  • Winburn Middle School
  • Not Applicable Middle School
  • Bryan Station High School

Horse Facilities and Amenities

  • Run-In Shed

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Propane
  • Septic Tank
  • Phone Available

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20045350

Property Details

Property Type

Land

Est. Annual Taxes

$68,276

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • Architectural Style: Colonial
  • Year Built: 1989
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Land
  • Water: Water Connected
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9
  • Total Bedrooms: 6
  • LivingArea: 10698.0
  • Lot Size Area: 30.12
  • Main Residence Features:Dining Room4: Yes
  • Main Residence Features:Family Room4: Yes

Exterior Features

  • Disclosures: Inground Tanks
  • Fencing: Plank
  • List Price: 8900000.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank, Other
  • Heating: Geothermal, Propane Tank Owned
  • Heating: Yes
  • Utilities: Telephone
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Owned: Yes

Schools

  • Elementary School: Russell Cave
  • High School: Bryan Station
  • Middle or Junior School: Winburn

Lot Info

  • Topography: {"Level":true,"Cleared":true,"Gently Rolling":true,"Waterfront":true}
  • Lot Size Acres: 30.12
  • Lot Size Sq Ft: 1312027.0
  • Parcel Number: 20045350
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jun 30, 2022
Bought by
Rushing Dream Farm Llc
Seller's Agent
Abby Jones
Bluegrass Sotheby's International Realty
Buyer's Agent
Abby Jones
Bluegrass Sotheby's International Realty
List Price
$10,900,000
Sold Price
$7,350,000
Premium/Discount to List
-$3,550,000
-32.57%
Total Days on Market
209
Current Estimated Value
$2,661,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,688,318

Purchase Details

Closed on
Oct 9, 2017
Sold by
Mccoy Kevin and Mccoy Peggy J
Bought by
Lignelli Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.86%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rushing Dream Farm Llc $12,350,000 --
Lignelli Jeffrey L $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lignelli Jeffrey L $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $7,350,000 -32.6% $687 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $10,900,000 -- $1,019 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $68,276 $6,750,000 $0 $0
2023 $68,276 $6,750,000 $0 $0
2022 $17,024 $1,850,000 $0 $0
2021 $17,024 $1,850,000 $0 $0
2020 $17,024 $1,850,000 $0 $0
2019 $17,024 $1,850,000 $0 $0
2018 $20,426 $1,850,000 $0 $0
2017 $16,734 $1,640,300 $0 $0
2015 $15,170 $1,638,300 $0 $0
2014 $15,170 $1,602,300 $0 $0
2012 $15,170 $1,948,400 $320,000 $1,628,400
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20124158

ImagineMLS (Bluegrass REALTORS®)

APN: 20045350