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4487 Louisville Rd, Salvisa, KY, 40372

7beds
6baths
6,128sqft
$4,200,000
$685price/sqft
$28,221/moest. monthly cost
$1,128,840/yrincome needed

About This Home

Welcome to an exceptional opportunity to own a well-appointed 96+ acre thoroughbred training complex in the heart of the Bluegrass. This property features a comprehensive training infrastructure, including a 1.5-mile European turf gallop and a meticulously maintained ½-mile dirt track. The facility offers multiple barns with a total of 114 spacious stalls, quality manager and employee housing, and a full array of professional amenities. The barns include feed and tack rooms, wash racks, and a modest yet functional office/lounge area, with the main barn also featuring a dedicated laundry space. Additional assets include a six-horse equiciser, round pen, covered walking ring, and a storage/equipment building. The farm provides numerous paddocks and three medium-sized fields, with ample room for future expansion. One barn is outfitted with convertible stall dividers to enlarge stalls which is currently utilized for mares and foals. Another barn, built of concrete block, is ideal for quarantine, layup, or other specialized needs. The property also offers generous parking accommodations for vehicles and trailers. Convenient to Keeneland (23 min), Churchill Downs (1 hr, 8 min), Turfway (1 hr, 30 min), Fasig Tipton (37 min) Belterra Park (1 hr, 46 min) this farm has everything required—and more—to operate a successful race training operation.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2023

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Farm

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Entrance Foyer,Eat-in Kitchen,Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Ceramic Tile,Tile,Wood
  • Fireplace: Yes
  • Finished area below ground: 1,728
  • Finished area above ground: 4,400

Heating & Cooling

  • Heating features: Electric,Forced Air,Propane
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 6,128
  • Total interior livable area: 6,128 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 042.0000015.00 & 042.0000015.01
  • Zoning: AR
  • Horse amenities: Trailer Storage,Wash Rack,Barn,Hay Storage,Paddocks,Pasture,Riding Trail,Stable(s),Tack Room,Horse Walker

Features

  • Levels: One
  • Fencing: Other,Wood,Plank
  • Has view: Yes
  • View description: Rural,Trees/Woods,Farm,Water
  • Has water view: Yes
  • Water view: Water
  • Topography of land: Gentle Sloping, Wooded, Level, Cleared

Lot

  • Lot size: 96 Acres
  • Features: Cleared,Level,Wooded,Gentle Sloping

Parking

  • Parking features: Garage
  • Has garage: 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
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
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 $21,237$254,844
Home Insurance *$2,319$27,828
Property Taxes $4,182$50,184
Electricity $483$5,807
Total$28,221$338,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$967,577/yr
40% on housing$846,630/yr
45% on housing$752,560/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$685This listing

vs Other Active Listings

Avg $/sqft

ZIP 40372$160
Mercer County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 40372
Mercer County$174

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
2026-03-09Listed for sale$4,200,000
2021-12-14Sold$1,299,999
2021-11-24Pending sale$1,500,000
2021-10-12Contingent$1,500,000
2021-02-17Listed for sale$1,500,000
2020-12-01Listing removed$1,500,000
2020-03-10Listed for sale$1,500,000

For Sale by Agent

AgentCheri Mercier
BrokerageThe Real Estate Co.

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