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Residential Estate Lot with Build Options
For Sale
$365,000
Pending

5447 Tates Creek Road lot 24, Nicholasville, KY 40356

Land, Nicholasville, KY

Property SizeContact for details
Lot Size1.01 Acres
Days on Market166

Property Features for 5447 Tates Creek Road lot 24

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 24
Lot size 1.01 Acres
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Ashley Teater
Added: May 15 Changed: Sep 8 Last Checked: Oct 27 at 7:06PM
MLS# 26012699

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.

Lot 24 at The Sanctuary is a residential estate lot within a thoughtfully designed new construction community. The development plans a mix of luxury townhomes, garden homes, and spacious estate lots, with build-to-suit opportunities available for buyers seeking a customized approach. The community also centers on The Sanctuary Gardens, with walking paths, green space, water features, and peaceful gathering areas intended for everyday relaxation.

Located in Nicholasville, KY, the property is positioned for convenient access to nearby destinations. The listing notes proximity to Rupp Arena (about 8 miles), Brannon Crossing (about 3 miles), and The Summit at Fritz Farm (about 4.5 miles), supporting an easy commute to dining, shopping, and events.

With R-1 zoning and the stated focus on estate-lot living, this parcel is well suited for buyers and builders looking to create a tailored home in a planned community setting. The combination of estate-scale options and build-to-suit availability makes the lot a practical fit for those prioritizing design flexibility and access to established commercial nodes.

Key Highlights

  • Lot 24 in The Sanctuary, a new construction community in Lexington.
  • Development will offer a mix of luxury townhomes, garden homes, and spacious estate lots with build‑to‑suit opportunities.
  • The Sanctuary Gardens will include walking paths and lush green space.

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned estate lot in a new community, offering build-to-suit flexibility near major shopping and entertainment.
Where is this residential land & home lot located?
The property is located at 5447 Tates Creek Road lot 24 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: Lot 24 in The Sanctuary, a new construction community in Lexington.; Development will offer a mix of luxury townhomes, garden homes, and spacious estate lots with build‑to‑suit opportunities.; The Sanctuary Gardens will include walking paths and lush green space.
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