See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3166 Colby Rd, Winchester, KY, 40391

3beds
3baths
4,518sqft
$1,695,000
$375price/sqft
$11,018/moest. monthly cost
$440,720/yrincome needed

About This Home

PRICE REDUCED!! Welcome to this beautiful 33± acre estate, offering the perfect blend of country charm, modern comfort, and endless opportunity. The stately historical home, built in 1919, retains timeless character and can be registered with the Historical Home Society. Enjoy stunning mountain views — located at one of the highest points in Clark County, where you can see the dormitories at EKU in Richmond and the mountains near Berea, KY. Relax by the newly lined in-ground pool with a new cover, and unwind in the hot tub while taking in the beautiful sunrise and sunset views — perfect for family gatherings or quiet evenings under the stars. The property features a two-level barn with horse stalls, a tack room, and a spacious open arena — ideal for equestrian enthusiasts. The upper level of the barn provides versatile space for auto storage or a workshop, while the fenced pastures and horse ring make it ready for boarding or training horses. This property also includes a pond, adding to the tranquil landscape, and 2 gated driveways with a security system for peace of mind. The land features mature trees, including fig, pear, and apple. This is the first property on Colby Road out of Winchester with agricultural zoning, a very private estate, and the first time in 39 years this remarkable property has been on the market. Conveniently located just one mile to Kroger, Lowe's, and Walmart, and approximately 20 min. from Man O War via Todds Rd. Lexington. This property offers both peaceful seclusion and easy access to amenities. With potential for income from horse boarding and a rental home on the property, this farm offers not only beauty and serenity but also opportunity. It's truly a place to raise a family, connect with nature, and enjoy Kentucky living at its best.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1919

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Brick Veneer,Stone,Solid Masonry

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Interior Entry,Unfinished,Walk-Out Access

Bathroom1

  • Level: Second

Bathroom2

  • Level: Second

Bathroom3

  • Level: First

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: First

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Eat-in Kitchen,Wet Bar,Ceiling Fan(s),Soaking Tub
  • Window features: Insulated Windows,Storm Window(s),Blinds,Screens
  • Flooring: Concrete,Ceramic Tile,Hardwood,Marble,Tile,Wood
  • Number of fireplaces: 8
  • Fireplace features: Dining Room,Free Standing,Gas Log,Insert,Living Room,Master Bedroom,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,518

Great Room

  • Level: Third

Heating & Cooling

  • Heating features: Baseboard,Electric,Forced Air,Heat Pump,Hot Water,Natural Gas,Wood Stove,Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,518
  • Total interior livable area: 4,518 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Utility Room

  • Level: First

Property

Details

  • Parcel number: 03300001400

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Fencing: Wood,Stone,Wire
  • Has view: Yes
  • View description: Farm
  • Horses can be raised: Yes

Lot

  • Lot size: 32.87 Acres
  • Features: Landscaped,Many Trees

Parking

  • Total spaces: 14
  • Parking features: Detached Garage,Driveway,Off Street,Garage Faces Front,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 14
  • Covered spaces: 14
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Ice Storm
Lightning

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,570$102,840
Home Insurance *$830$9,960
Property Taxes $1,262$15,144
Electricity $356$4,281
Total$11,018$132,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$377,760/yr
40% on housing$330,540/yr
45% on housing$293,813/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -2.8%
-2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 40391$160
Clark County$160

vs Homes Sold Last Month

Median $/sqft

ZIP 40391$158
Clark County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-11Price change$1,695,000
2026-01-07Price change$1,789,000
2025-11-14Listed for sale$1,889,000

For Sale by Agent

AgentAlyssa M Boley
BrokerageColdwell Banker McMahan

Similar Homes