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Estate Lot with Build-to-Suit
For Sale
$395,000
Pending

5447 Tates Creek Road lot 29, Nicholasville, KY 40356

LAND - Nicholasville, KY

Property SizeContact for details
Lot Size1.19 Acres
Days on Market100

Property Features for 5447 Tates Creek Road lot 29

General Information

Property type Land
Property subtype Other
Zoning R-1
Subdivision The Sanctuary
Directions South on Tates Creek from Lexington. Property is on the right, prior to the stop light at Brannon Road.
Standard status Pending
APN Lot 29
Lot size 1.19 Acres
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Ashley Teater
Added: Jun 1 Changed: Jun 3 Last Checked: Sep 8 at 9:06AM
MLS# 26012703

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is Lot 29 within The Sanctuary, a new construction residential community plan that includes a mix of luxury townhomes, garden homes, and spacious estate lots. The property is presented as an estate lot with build-to-suit opportunities, giving an incoming owner or builder flexibility to shape the home design to fit the buyer’s needs. The Sanctuary Gardens are planned as a central amenity area with walking paths, green space, water features, and peaceful gathering areas.

Located in Nicholasville, Kentucky, the community is described as a convenient option with nearby access to key destinations, including Rupp Arena (about 8 miles), Brannon Crossing (about 3 miles), and The Summit at Fritz Farm (about 4.5 miles). The lot is identified as 5447 Tates Creek Road, Lot 29.

For buyers seeking a residential site that can support custom construction, this lot’s estate-lot positioning and build-to-suit framework within a planned community are the main value drivers. The R-1 zoning designation also supports consideration for traditional single-family residential development in alignment with the area’s established use profile.

Key Highlights

  • Lot 29 in The Sanctuary, a new construction community in Lexington.
  • Development features a mix of luxury townhomes, garden homes, and spacious estate lots.
  • Build‑to‑suit opportunities available within the community.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 40356, KY

44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - R-1 zoned lot in The Sanctuary development, offering build-to-suit options within an established new-construction community setting.
Where is this residential land & home lot located?
The property is located at 5447 Tates Creek Road lot 29 Nicholasville, KY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Lot 29 in The Sanctuary, a new construction community in Lexington.; Development features a mix of luxury townhomes, garden homes, and spacious estate lots.; Build‑to‑suit opportunities available within the community.
More about this property
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