1519 Sparta Pike, Sparta, KY, 41086
About This Home
Rare opportunity to own an extraordinary 66-acre estate with unlimited potential for residential, recreational, agricultural, or hospitality use. Formerly operated as the Magnolia Inn Bed & Breakfast, this unique property features two residences, including a charming century-old farmhouse and a separate building offering six spacious bedroom suites, each with a private bath. The landscape showcases a beautiful blend of open pasture, mature woods, and a scenic pond, creating a private country retreat. Additional improvements include a large pole barn and storage shed, providing abundant space for equipment, livestock, hobbies, or business operations. Whether you envision a family compound, event venue, hunting retreat, working farm, or income-producing investment, this versatile property offers endless possibilities. Conveniently located just minutes from Belterra Casino Resort and I-71, you'll enjoy the perfect balance of peaceful rural living and easy access to dining, entertainment, and regional travel. A truly one-of-a-kind property where charm, privacy, and opportunity come together.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Existing Structure
Materials
- Foundation: Poured Concrete,Stone
- Roof: Metal
- Construction materials: Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Convection Oven,Dryer,Refrigerator,Washer
Bathroom2
- Features: Tub With Shower
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bathroom3
- Features: Tub With Shower
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bathroom4
- Features: Tub With Shower
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bathroom5
- Features: Tub With Shower
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom2
- Features: Bath Adjoins,Ceiling Fan(s)
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom3
- Features: Bath Adjoins,Ceiling Fan(s)
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom4
- Features: Bath Adjoins,Ceiling Fan(s)
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom5
- Features: Bath Adjoins,Ceiling Fan(s)
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Bonus Room
- Features: Fireplace(s)
- Level: First
- Area: 0
- Dimensions: 0 x 0
Dining Room
- Features: Fireplace(s)
- Level: First
- Area: 0
- Dimensions: 0 x 0
Family Room
- Features: Fireplace(s),Bookcases
- Level: First
- Area: 0
- Dimensions: 0 x 0
Features
- Window features: Double Hung
- Number of fireplaces: 1
- Fireplace features: Stone,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Kitchen
- Features: Country Kitchen
- Level: First
- Area: 0
- Dimensions: 0 x 0
Living Room
- Features: Fireplace(s),Bookcases,Ceiling Fan(s)
- Level: First
- Area: 0
- Dimensions: 0 x 0
Primary Bath
- Features: Tub With Shower
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Primary Bedroom
- Features: Bath Adjoins,Ceiling Fan(s)
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Property
Details
- Parcel number: 01369
- Attached to another structure: Yes
- Zoning description: Agricultural
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Patio,Porch
- Has view: Yes
- View description: Trees/Woods,Valley
- Residential vegetation: Cedar Trees,Oak Trees
Lot
- Lot size: 66 Acres
- Features: Cleared,Pasture,Rolling Slope,Wooded
- Lot size dimensions: 66 ac
Parking
- Parking features: Driveway
- 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
- Strong Wind
- Tornado
- Inland Flooding
- Lightning
- Cold Wave
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,413 | $40,956 |
| Home Insurance * | $508 | $6,096 |
| Property Taxes | $594 | $7,128 |
| Electricity | $154 | $1,850 |
| Total | $4,669 | $56,028 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-02 | Listed for sale | $675,000 |
| 2025-04-01 | Listing removed | $925,000 |
| 2024-11-01 | Listed for sale | $925,000 |
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