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    1601 Berea Rd Lexington, KY 40511

    For Sale
    $899,000

    LAND - Lexington, KY

    Lot size:
    40.00 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 1601 Berea Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AR
    APN
    25705200
    Lot size
    40.00 Acres

    Bluegrass Sotheby's International Realty 2680099

    Listing agent Ken J Donworth (859) 268-0099

    Listing date Oct 20, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    40 Acres Near Horse Park

    This 40-acre property is located off Berea Road in Spindletop Estates, Lexington, Kentucky, near the Kentucky Horse Park. The land has multiple access points and proximity to major interstates, as well as veterinary clinics. Zoned agricultural (AR), the property is suitable for building a custom home, horse barn, and outdoor riding ring. It is an opportunity for equestrian enthusiasts and investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Hotel & Motel Pharmacy Travel Agency Catering Service Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.527714
    Latitude
    38.134616

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    FAQs

    What type of property is this?
    Horse & equestrian property - Prime Lexington land near Kentucky Horse Park, ideal for equestrian.
    Where is this horse & equestrian property located?
    The property is located at 1601 Berea Rd Lexington, KY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - 40-acre property near Kentucky Horse Park; - Prime location in Spindletop Estates with multiple access points; - Zoned agricultural, offering versatile development potential
    (859) 268-0099
    Request Owner's contact information
    1601 Berea Rd Lexington, KY 40511
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    Lexington, KY 40511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Berea Rd Lexington, KY 40511
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