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$3,750,000

5325 Lexington Road Winchester, KY  40391

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Property Description for 5325 Lexington Road Winchester, KY 40391

173 Acres Farm and Prime Development Land. Property has 1,900 feet of road frontage along US 60 and borders I-64 along the back boundary line. Only 4 miles to Winchester, 1.5 miles from the Fayette Co line and 15 min drive to Hamburg Pavilion in Lexington. Metal building built in 2020, 2,700 SF, electric, and plumbed for full bath. Seller will consider subdividing. Very impressive monthly cell tower and billboard income, contact the listing agent for specific details.

Address:5325 Lexington Road Winchester KY 40391
Status:Active
on site: 445 days
Price:$3,750,000
Bathrooms:0
Lot Size:173.69
County: Clark
MLS #:23003409
Property Type:Farm

Lot Dimensions:7565936
Water Source:Public, Creek(s), Pond(s)
Directions:From Lexington take US 60, property is 1.5 miles over the Fayette/Clark County lines and on the left side of the road. From Winchester take US 60, property is 4 miles from the Winchester Bypass and on the right side of the road.
Sq. Ft. Source:Assessor

Loan Price
$21,125
Price And Interest $19,562/month
Property Tax $0/month
MTG INS $0/month
HOME INS $1,563/month
Price
$3,750,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$18,756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 007 - Clark County
City:Winchester
Subdivision: Rural
Zip Code:40391

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 5325 Lexington Road Winchester, KY  40391


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Listing provided courtesy of Janna Smith with United Real Estate Lexington KY

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Winchester, KY Market Report

85
Avg. DOM
$221.65
Avg. $ / Sq.Ft.
$ 369,900
Med. List Price

The house prices in Winchester are indeed dropping at the moment. There has been a decrease in price of $93,957.30. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Winchester are going Down. The average house price is $349,900.00 and the average price per square feet is $221.65 per square feet. At the moment, the amount of homes listed is exactly 479 houses, with 48 with active status, 52 with pending status and 379 sold in Winchester .

The most popular place to buy a home in Winchester is 007 - Clark County. 007 - Clark County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Winchester .

The average amount of property taxes you would have to pay for a home in Winchester is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Winchester are staying listed for an average of 88 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Winchester was 1055 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Winchester is $3,599,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Winchester is $35,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Winchester in year 1814 and the newest built house is in year 9999.

The average size of properties in Winchester is 100.9 sq.ft. , the biggest one being 2643 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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