Address
7541 Georgetown Road, Georgetown, KY
Price
$ 11,500,000
Property Attributes
  • MLS#22004730
  • TypeLand
  • CountySCOTT
  • CityGeorgetown
  • Area005 - Scott County
  • Zip40324
  • StyleHorses
  • Price$ 11,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size525.52 Acres
Data Source:
Bluegrass REALTORS®
Property Description

Erhaab Stud, formerly known as Elko Bell Farm, is historically known as the most fertile & productive land in Scott/Franklin Counties. Shadwell Farm purchased this farm in 1999 because the land is of the highest quality and developed it into one of the most coveted Thoroughbred nurseries in Central KY. You enter this magnificent farm via an impressive gated stone entrance and travel over 4 miles of paved roads along its tree-lined driveways to its vast and quality improvements. Horse improvements include 9 concrete block barns with 105 stalls, 6 concrete block run-in sheds. Additional improvements include a shop/paint bldg & equip shed. Housing includes a c.1870s 5,900 SF home (used as office) and 4 employee houses. Bordered by the S. Elkhorn Creek, Erhaab Stud is as aesthetically pleasing as it is functional.

Price History
12/1/2022 Listed $12,000,000
3/10/2023 5% - $11,500,000

General Features

Area 005 - Scott County
Best Use Horses
City Georgetown
County Scott
Days on Market 438
Directions Scott/Franklin County line at US 460. From Lexington, take US 25 (Georgetown Rd), turn left onto Ironworks Rd (1973) and turn left onto 460. Farm is on the left past Fishers Mill.
Disclosures Inground Tanks
Geo Lat 38.208347
Geo Lon -84.733824
Housing Manager(s), Other, Tenant(s)
Present Use Cattle, Horses
Property Type B
Sewer Septic Tank
Status Active
Street Name Georgetown
Sub Type Farm
Subdivision Rural
Tax Rate 11.985
Topography Bottom Land, Cleared, Floodplain, Gently Rolling, Wooded
Utilities Telephone
Water Water Connected
Zoning AR

Interior Features

Street Suffix Road
Total Baths 0.00

Exterior Features

Farm Improvements Auto Walkers, Auto Waterers, Equipment Bldg(s), Hay Storage, Horse Barn(s), Office, Run In Shed(s)
Fencing Plank
Lot Size Acres 525.5200
Lot Size Source Public Records
Lot Size Square Feet 22891651.00
Mls Identifier 20180201170722572567000000
Possession Of Farm Negotiable
Water Source Creek(s), Lake(s), Pond(s), Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 40324

Price
AVG $900K
$11.5M
Visits
AVG 62
113