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Estate Lot with Build-to-Suit Options
For Sale
$365,000

5447 Tates Creek Road lot 16, Nicholasville, KY 40356

Land, Nicholasville, KY

Property SizeContact for details
Lot Size0.62 Acres
Days on Market148

Property Features for 5447 Tates Creek Road lot 16

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 Active
APN Lot 16
Lot size 0.62 Acres
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Ashley Teater
Added: Jun 1 Changed: Sep 8 Last Checked: Oct 26 at 4:06PM
MLS# 26012742

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.

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Investment Insights

Based on property information with market context.

This listing offers Lot 16, an approximately 0.622-acre residential estate lot within The Sanctuary community. The overall development is described as a new construction neighborhood featuring a mix of luxury townhomes, garden homes, and spacious estate lots, with build-to-suit opportunities available. The community plan also includes The Sanctuary Gardens, with walking paths, green space, water features, and peaceful gathering areas.

The property is located in Nicholasville, Kentucky (Jessamine County). The public remarks provide proximity to several area destinations, including Rupp Arena (about 8 miles), Brannon Crossing (about 3 miles), and The Summit at Fritz Farm (about 4.5 miles). The site is presented as part of a larger planned residential setting, rather than a standalone lot.

For buyers looking to construct a custom home, this lot’s build-to-suit framework can be a useful fit. The R-1 zoning designation supports residential development. Prospective buyers will want to review the community’s build-to-suit process and applicable site requirements to confirm how the lot can be developed to match their intended home design and use.

Key Highlights

  • Located about 8 miles from Rupp Arena, 3 miles from Brannon Crossing, and 4.5 miles from The Summit at Fritz Farm
  • Part of The Sanctuary new construction community offering a mix of luxury townhomes, garden homes, and spacious estate lots
  • Build‑to‑suit opportunities available for estate lots

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Gym & Fitness Center 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential estate lot in a new construction community, offering build-to-suit opportunities under R-1 zoning.
Where is this residential land & home lot located?
The property is located at 5447 Tates Creek Road lot 16 Nicholasville, KY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Located about 8 miles from Rupp Arena, 3 miles from Brannon Crossing, and 4.5 miles from The Summit at Fritz Farm; Part of The Sanctuary new construction community offering a mix of luxury townhomes, garden homes, and spacious estate lots; Build‑to‑suit opportunities available for estate lots
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