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401 Cane Ridge Rd, Paris, KY, 40361

1beds
1baths
864sqft
$795,000
$920price/sqft
$5,045/moest. monthly cost
$201,800/yrincome needed

About This Home

Boutique Horse Farm well located close to downtown Paris. Built by horsemen for care and security of mares and foals. 2 barns w/ total of 12 stalls. Main barn is solidly built w/high ceilings and nice natural lighting, and cost effective LED lights. Each stall has lighting and fans. Stalls are convertible to foaling size and have Infrared heaters. Wash rack has lighting with hot & cold water. Feed room has feed bins, shelving and cabinets. Living quarters are attached to main barn, excellent for live-in help or owner to occupy, with bedroom, soaker tub, washer, dryer, dishwasher, and efficient, cost-effective mini-splits for cooling & heating, along with a cozy wood burning stove. Excellent storage space above apartment. Just built 1500 sq ft storage barn/shop with 50 ft truck-size carport. 5 pastures w/ non-electric Bar Bar A freeze-free auto waterers, 2 larger turn-outs, round pen, potential outdoor ring, and 2 "pass-through" fields for easily moving horses between pastures round out the facilities. Now with 220V. Several scenic future building sites are present.Qualifies for Ag discount on property taxes. 2026 Taxes were $72.00 (NOT a typo)! Excellent land for horses.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

5/10
4/10

Construction

Condition

  • Year built: 2021

Type & Style

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

Interior

Bathroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Eat-in Kitchen,Soaking Tub
  • Flooring: Laminate
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 864

Heating & Cooling

  • Heating features: Electric,Other,Wood,Wood Stove,Zoned
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 864
  • Total interior livable area: 864 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: 0450000005.10
  • Zoning: AR
  • Horse amenities: Trailer Storage,Wash Rack,Barn,Boarding Facilities,Hay Storage,Paddocks,Pasture,Round Pen,Stable(s),Tack Room

Features

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

Lot

  • Lot size: 16 Acres
  • Features: Level,Gentle Sloping
  • Lot size dimensions: 16.0

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
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Lightning
Winter Weather

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 $4,019$48,228
Home Insurance *$495$5,940
Property Taxes $377$4,524
Electricity $154$1,850
Total$5,045$60,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,971/yr
40% on housing$151,350/yr
45% on housing$134,533/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$920This listing

vs Other Active Listings

Avg $/sqft

ZIP 40361$850
Bourbon County$813

vs Homes Sold Last Month

Median $/sqft

ZIP 40361$141
Bourbon County$176

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
2026-08-01Price change$795,000
2026-07-06Price change$825,000
2026-06-30Listed for sale$840,000
2025-05-30Sold$699,000
2025-05-02Pending sale$699,000
2025-04-16Price change$699,000
2025-04-06Price change$725,000
2025-03-07Price change$750,000
2025-01-05Listed for sale$790,000
2020-04-23Sold$165,000

For Sale by Agent

AgentMarla Zanelli
BrokerageTurf Town Properties

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