Locust Grove Farm, 193± acre horse farm property located less than 2 miles from Paris Pike and 1.2 miles from Greenwich Pike. Property amenities include 80 stalls over 5 barns with several tack rooms, 2 employee residences, 10 large fields and 7 paddocks with plank fencing and 4 ponds. Straddling the Fayette/Bourbon County line, this land sits on a higher elevation with wonderful scenic views of the surrounding bluegrass. The improvements on this property are in need of renovation and repair however the infrastructure and land offers many opportunities in this fantastic location- 20 minutes to the Kentucky Horse Park, 11 minutes to Paris, 16 minutes to I-64/75 and New Circle Road. This property is offered in its ''as-is'' condition with inspections welcome.
Well-located farm off Paris Pike. Exceptional land with many improvements including renovated tack/warm rooms, new 30' x 40' metal shop building, and many other improvements. New 4 board plank fence on road and down driveway. Great soils and fresh ground.
ImagineMLS #1006844
Oct 29, 2011
Listing Removed
—
Mar 25, 2010
Listed
$2,490,803
$1,279/sq ft
ImagineMLS #732033
Apr 26, 2008
Listing Removed
—
Oct 26, 2007
Listed
$2,452,335
$1,259/sq ft
ImagineMLS #506069
Feb 17, 2006
Sold
$1,600,000
$821/sq ft
Feb 2, 2006
Listing Removed
—
Apr 5, 2005
Listed
$1,825,000
$937/sq ft
ImagineMLS #9911225
Aug 7, 2000
Sold
$1,325,000
$680/sq ft
May 19, 2000
Listing Removed
—
Dec 17, 1999
Listed
$1,522,500
$782/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$2,700
Tax history for 1542 Ferguson Rd
Year
Property tax
Land + Additions
Assessment*
2015
$2,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
84.01 Acres
Year renovated
—
Sq. Ft.
1,800
Year built
1990
Style
Ranch
County
Fayette County
APN
21958000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
A-R
Agricultural Rural Zone
This zone is established to preserve the rural character of the agricultural service area by promoting agriculture and related uses, and by discouraging all forms of urban development except for a limited amount of conditional uses.
Permitted uses
Include but are not limited to:
Agriculture
Winery & vineyard
Housing-Single unit
Apr 27, 2026 • Active
Electrical
Electrical
Apr 6, 2026 • Active
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
Bathrooms (Full): 1
Bathrooms (1/2): 1
Exterior
Exterior Features
Fencing: Plank
Lot Information
Lot Features: Level, Gentle Sloping
Lot Size Square Feet: 8,432,780
Lot Size Acres: 193.59
Lot Size Source: Public Records
Water Source: Public
Zoning: AR
Topography: Gentle Sloping, Level
Has View: Yes
View: Farm
Property Information
Structure Type: House
Levels: One
Building Information
Building Area Total: 1,948
Financial
Tax Information
Parcel Number: 21958000
Utilities
Utility Information
Sewer: Septic Tank
Location
Location Information
County Or Parish: Fayette
Directions: From Paris Pike/Lexington Road turn onto Ferguson Road. Property will be on your right after 1.5 miles
Subdivision Name: Rural
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,800
Stories: 1.0
Lot Size: 84.01 acres
Style: Ranch
Year Built: 1990
Year Renovated: —
County: Fayette County
APN: 21958000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Contingency: Contingent
Around this home
Schools
Russell Cave Elementary School
Public PreK-5 • Assigned • 6.0mi
3/10
Winburn Middle School
Public 6-8 • Assigned • 8.8mi
2/10
Bryan Station High School
Public 9-12 • Assigned • 9.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lexington, KY • 40511
Average low and high temperatures (°F)
37
20
47
28
64
41
72
50
74
54
85
65
90
71
86
63
82
59
71
47
57
40
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.3 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.
8.3 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
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