6481 Old Richmond Rd, Lexington, KY, 40515
About This Home
For the first time in decades, the beloved Kelley Farm—a cherished landmark in Central Kentucky—is being offered for sale. Rich with history and bursting with potential, this iconic property has delighted generations with its berry patches, festive hayrides, and the world-renowned corn maze that put it on the map. Now, the opportunity is yours to carry on the tradition or create a new chapter. Spanning 139.8 pristine acres, Kelley Farm offers some of the finest soil in the Bluegrass region. Whether you're dreaming of a working farm, a homestead retreat, or simply relaxing by the fully stocked 5-acre lake, this property delivers unmatched versatility and beauty. Thoughtfully preserved through the PDR (Purchase of Development Rights) program, the land's rural character and natural charm are protected for future generations. Properties like this are exceedingly rare. Don't miss your chance to own a true Kentucky treasure—schedule your private tour today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Interior
Features
- Finished area above ground: 4,406
Interior Area
- Total structure area: 4,406
- Total interior livable area: 4,406 sqft
Property
Details
- Parcel number: 23488600
Features
- Has view: Yes
- View description: Rural,Farm
Lot
- Lot size: 139.80 Acres
- Lot size dimensions: 1740 x 2550
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
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- 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 | $8,343 | $100,116 |
| Home Insurance * | $709 | $8,508 |
| Property Taxes | $1,155 | $13,860 |
| Electricity | $347 | $4,175 |
| Total | $10,554 | $126,648 |
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 |
|---|---|---|
| 2026-01-15 | Listed for sale | $2,000,000 |
| 2026-01-01 | Listing removed | $2,000,000 |
| 2025-09-03 | Listed for sale | $2,000,000 |
| 2025-09-03 | Listing removed | $2,000,000 |
| 2025-06-25 | Listed for sale | $2,000,000 |
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