For Sale
Price CutPrice Drop: $38K (09/22)
Single family home for sale at 5060 Paynes Ml Rd, Lexington, KY 40510 | MLS# 26026167 | Listing updated on 2026-09-30
Photo 1 of Single family home for sale at 5060 Paynes Ml Rd, Lexington, KY 40510 | MLS# 26026167 | Listing updated on 2026-09-30
Photo 2 of Single family home for sale at 5060 Paynes Ml Rd, Lexington, KY 40510 | MLS# 26026167 | Listing updated on 2026-09-30
Photo 3 of Single family home for sale at 5060 Paynes Ml Rd, Lexington, KY 40510 | MLS# 26026167 | Listing updated on 2026-09-30
Photo 4 of Single family home for sale at 5060 Paynes Ml Rd, Lexington, KY 40510 | MLS# 26026167 | Listing updated on 2026-09-30
53+
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Street View

$675,000

Monthly Est:$3,360

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,564sqft

5060 Paynes Ml Rd, Lexington, KY 40510

$3,360/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 2000

  • $-- HOA

  • 10.07 acres lot

  • $432/sq.ft

Description

A Piece of Tranquility in the Heart of Horse Country Welcome to your own piece of tranquility! Tucked away on 10+ acres in Fayette County, this unique property is located approximately one mile behind Keeneland as the crow flies, offering the privacy and peacefulness of country living while being just minutes from some of Lexington's most convenient amenities. The location is hard to beat — approximately 3.5 miles to Keeneland and 4.5 miles to Blue Grass Airport, with the property also sitting conveniently close to the Woodford County line. The property features a 1,564-square-foot log home that has already been started on its renovation journey. Currently offering 2 bedrooms and 2 bathrooms, the home's unique construction creates endless possibilities. With the load-bearing walls located around the exterior, the interior layout can be reimagined to create a floor plan that fits your lifestyle. And there's even more space waiting below! The home features a walkout, unfinished basement with approximately the same amount of space as the main level, giving you the potential to nearly double your finished living area. The possibilities are endless with a 1000' driveway, there will be piece of mind without worrying about kids/pets safety. Add a little fencing and create your own hobby or horse farm, transform the property into a unique short-term rental near Keeneland and the airport, or finish the home into your own private country retreat. Imagine starting your mornings with a cup of coffee while watching the sunrise, or winding down your evenings while enjoying beautiful Kentucky sunsets — all while being just minutes from Lexington. Properties with this combination of acreage, location, privacy, and potential don't come along often. Schedule your private showing today and come see the possibilities for yourself!

  • Houzeo last checked: 4 hours ago
  • Listing updated: September 30, 2026 at 4:32 pm
  • Listing Provided by: Wayne Sewell (859) 229-1718 | The Agency (859) 285-0614
  • Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26026167 Lexington Bluegrass AOR (Imagine) MLS-KY

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Fayette County

  • City

    Lexington

  • Neighborhood

    --

  • Year Built

    2000

  • HOA Fees

    -

  • Finished Area

    1,564 sqft

  • Lot Size

    10.07 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Lexington Bluegrass AOR (Imagine) MLS

  • MLS Number

    26026167

  • MLS Status

    Active

  • Days on Market

    17

  • Cumulative Days on Market

    15

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Flooring

    Wood

  • Heating

    Heat Pump

  • Cooling

    Heat Pump

  • Sewer

    Septic Tank

Construction

  • Year Built

    Year Built: 2000

  • Home type

    Single Family Residence

  • Foundation Details

    Concrete Perimeter, Slab

  • Construction Materials

    Log

  • Roof

    Metal

  • Architectural Style

    Cabin

Utilities & Energy

  • Water Source

    Public

  • Laundry Features

    Electric Dryer Hookup, Washer Hookup

  • Utilities

    Electricity Connected, Water Connected

  • Parking Features

    Detached Garage, Garage Faces Front

  • Basement

    Walk Out Access

  • Fireplace Features

    Family Room

Other Features

  • Patio And Porch Features

    Porch

  • Lot Features

    Many Trees

Price History

DateEventPrice

09/30/2026

Source: mls_logoLexington Bluegrass AOR (Imagine) MLS-KY #26026167

Price Decreased

$675,000 -5.33%

$432/sqft

09/22/2026

Source: mls_logoLexington Bluegrass AOR (Imagine) MLS-KY #26026167

Price Increased

$713,000 +5.63%

$456/sqft

09/22/2026

Source: mls_logoLexington Bluegrass AOR (Imagine) MLS-KY #26026167

Listed for Sale

$675,000

$432/sqft

Based on information from the IMAGINE MLS® through Oct 09, 2026, 02:30PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.

Advertising Broker: Donna Mink | Mink Realty