The Talbott House & Farm $2,650,000

Transcription

1 Offered Exclusively By: The Talbott House & Farm 5508 Russell Cave Road 94.58± acres Fayette County $2,650,000 Zach Davis Broker West Second Street, Lexington, Kentucky

2 If you are looking for a piece of Heaven to call home, you may well want to start at Finish Line Farms. A true Kentucky historical gem nestled in the heart of the Bluegrass comprised of acres of superb land, with 1,500 feet of road frontage. The home is located at the end of a beautiful tree lined drive. There are panoramic views from every window of gardens, rolling terrain and generous pastures in a natural setting.

3 As with all Equestrian facilities, key points to consider with Finish Line Farms are: 1. LOCATION: located directly next door to Hester Equestrian Show Jumping Facilities and Training Center and 7.5 miles from New Circle with convenient access to the Kentucky Horse Park, Thoroughbred Training Center, world renowned Equine Hospitals and downtown Lexington. In the neighborhood of the best of the best horse farms such as Dixianna, Domino, Clovelly, Elmendorf, Gainsway, Mt. Brilliant, Walmac, Green Gates, Spendthrift, Castleton Lyons etc. 2. SOILS: As can be seen by the aerial plat and soil analysis at the end of this brochure FINISH LINE FARMS is mainly comprised of MIB Maury silt loam, MIC Maury silt loam, MIC2 Maury silt loam, LwB Lowell silt loam and MpC2 McAfee silty clay. 3. DESIGN: There are a total of 4 very large fields, 2 moderate size fields and 4 paddocks. Three of these fields have large run in sheds and three fields are currently used for hay. When the Farm was originally purchased all areas except the main residence lawn and entry where planted with orchard grass, bluegrass, timothy and clover. There are Varnan automatic waterers in 3 fields and 4 paddocks. Water and electrical lines have been installed throughout the property. There has been four-board plank fence line added to over 95% of the property. All buildings have been updated to have electrical and water service.

4 THE PRINCIPAL RESIDENCE Since the purchase of the farm the owners have completely renovated and remodeled the residence. The original portion of the home dates back to circa 1830 with an addition added in the 1850 s. The residence has approximately 6,000 square feet of finished living space, 1,900 square feet of unfinished basement space and an attached large 2-car garage. The owners have opened up the living spaces in the family room, kitchen, eating areas, master bath and closets. These areas also include in-wall Bose speakers with a feed from the family room having individual volume control buttons for each room. Each of the bedrooms and kitchen has hardwired computer lines and there is also access throughout for wireless internet. The original Ash and Poplar wide plank wood floors have been completely refurbished. There is a centrally-located residence elevator complete with hard line phone. Marvin double hung windows have been installed through out the entire house with the exception of the original sunroom and garage. Electrical services include 800 amps with wiring in place for a future generator and selected household service during emergency use. There is a fire and alarm system and two sideby-side water heaters with GEO Thermal capacities. The original radiator heating system has been renovated completely with an underground propane tank having propane lines in place for a generator. There is a 3-zone GEO Thermal heating and cooling system, lightning rods and copper roof and gutters. A lifetime warranty Porter Permanizer Paint has been used on the exterior. The grand front porch with stately columns has been resurfaced with the original brick and a brick walkway to the front circular drive with the same materials. There is a brick porch with access from the back drive to the kitchen and family room.

5 The original 1850 s (add on) section of the first floor: ENTRY HALL (26 8 X 12 ) This lovely entry has a grand circular open stair case with mahogany newel post and handrail. There is a fan light window above the double door entry, gorgeous wallpaper, molding, a chair rail trim and Ash wide plank antique flooring. LIBRARY: (19 3 x 18 4 ) Ash antique wide plank floors, wall to wall built in book cases and fireplace.

6 FULL BATH: (8 6 X 7 2 ) Adjacent to the Library. This room has a pair of bronze sconces with matching chandelier and designer wallpaper. FORMAL LIVING ROOM: (16 7 X 18 7 ) Views of the garden and front circular drive, Poplar antique wood floors, fireplace and moldings etc. PARLOR: (18 1 X 19 ) Ash floors, fireplace and two French doors with access to a garden sunroom.

7 GARDEN SUNROOM: (34 6 X 9 8 ) This room has a peaceful view of the garden and two ceiling light fans. FORMAL DINNING ROOM: (18 9 x 16 1 ) Moldings, Fireplace, antique wood floors etc. The original 1930 s section contains what is now the following. BACK CENTER HALL: (7 9 X 19 ) Consist of Ash wide plank wood floors, laundry room and pantry access. LAUNDRY ROOM: (5 X 10 X 10 8 X 3 ) L-shaped configuration with Ash wood plank floors, large utility sink, granite countertops, drawers and cabinets.

8 KITCHEN: (17 3 X 26 ) Fantastic layout and open to family room. This is a chef s kitchen with state-of-the-art appliances and all the bells and whistles such as Viking, Gaggenau Grill, Julian Sink, Sub Zero, Sharp Microwave drawer etc. Italian tile floors and very high quality custom made cabinets with granite counter tops and storage galore. Center Island with seating at an antique wood plank counter top (made from the original oak ceiling rafter s) and cook top with granite counter. There is an additional counter top adjoining the family room that has seating with the same antique plank counter top. There is an office desk having an oak top. The eating area in the kitchen has a bay widow and enchanting view of the Grass Grand Prix arena in a park like setting and adjoining paddocks. FAMILY ROOM: (17 6 X 25 3 ) Open floor plan with the kitchen. This room has Ash wide plank floors, gas log fireplace, and French doors to patio and with access to garage and basement. GARAGE: (25 3 X 25 3 ) Large attached two-car garage with attic access for storage.

9 SECOND FLOOR MASTER BEDROOM: (25 X18 11 ) Has Ash wide plank wood floors, seating area fireplace and moldings. MASTER BATH: (15 1 X ) There is a large picture window above the relaxing European whirlpool spa tub with a French door on each side leading to a patio that has a lovely view from the balcony. There is also a bidet, a luxurious size shower with rain showerhead, steam shower and bench of white marble and travertine. The walls are also travertine with hand made European mosaic tiles made from travertine, marble and soap stone along the shower handrail. The shower door is a very large clear span glass door. There is a twosink his and hers counter with back splash wall in the travertine and white marble trimmed with this same type of mosaic pattern the counter top is white marble. The floor is travertine with a rug pattern centered in the room with decos and the same type mosaic pattern.

10 THREE ADDITIONAL BEDROOMS: (18 10 X ) (16 10 x 18 4 ) and (18 9 x 16 ) All have ample closet space and hard wood floors. There is one bedroom with a fireplace. FRONT HALL SITTING AREA: (15 x ) BACK HALL: (8 9 X 8 2 ) seating area with linen closet and elevator access.

11 Other buildings on the property near the main residence include: BRICK STORAGE BUILDING: (16 1 X 12 2 ) ORIGINAL ROOT CELLAR: Very unique in character, perfect for future wine or bourbon cellar. TOBACCO BARN: 8-bent converted to a horse barn. The office has an adjoining restroom; with septic system and hot water heater. The heated office has windows overlooking two foaling stalls; separate entry and prep sink with ten-foot counter. In addition there is a hot and cold-water spigot in the isle. Having 13 stalls total, with each measuring approximately 15 X 14. There is a center isle hayloft. All of the floors are blacktop with the exception of the office being tiled. The barn is equipped with a 200-amp service. A black top road leads to this barn. GRAND PRIX/EVENTING ARENA

12 METAL BARN: (40 X 70 ) with continuous vent on top this could be converted into another horse barn situated near the round pen, grass grand prix arena and future planed sand arena. ROUND PEN: (66 foot in diameter) Made of treated oak. TENANT HOUSE: There is 200-amp service to this three bedroom, two-bath home. The home has a very large eat-in kitchen, huge family room and side porch that overlooks several paddocks. This home sits in a very good location to watch the property and barns. There is also a monitor in this house for two of the foaling stalls. SELLER WILL RETAIN PDR RIGHTS FOR THIS PROPERTY, NEGOTIABLE. All of the information contained herein is deemed reliable but is not warranted; all figures, facts and boundaries are believed to be accurate but independent verification is strongly advised. Square footage measurements & school district information is believed to be accurate but independent verification is strongly advised. The listing broker or broker associates recommend interested parties, prior to closing, perform a complete property inspection (including but not limited to environmental assessments and percolation tests as may be necessary for BUYER S intended use of the property) have the land surveyed by a licensed surveyor, the title searched and inspected by an attorney and any and all legal questions or concerns directed to legal counsel. The broker or broker associates will not advise on matters outside the scope of their real estate license.

13 Property boundaries are only approximations and do not represent actual property lines. This is for illustration purposes only Russell Cave Road, Lexington, Fayette County, KY Acres +/-

14 84 24' 50'' W Farmland Classification Fayette County Area, Part of Fayette County, Kentucky 84 24' 1'' W ' 56'' N 38 9' 56'' N 38 9' 31'' N ' 31'' N ' 50'' W N Map Scale: 1:5,410 if printed on A landscape (11" x 8.5") sheet. Meters Feet Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS ' 1'' W Natural Resources Conservation Service Web Soil Survey National Cooperative Soil Survey 7/6/2015 Page 1 of 4

15 Farmland Classification Fayette County Area, Part of Fayette County, Kentucky MAP LEGEND Area of Interest (AOI) Soils Area of Interest (AOI) Soil Rating Polygons Not prime farmland All areas are prime farmland Prime farmland if drained Prime farmland if protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated and drained Prime farmland if irrigated and either protected from flooding or not frequently flooded during the growing season Soil Rating Lines Prime farmland if subsoiled, completely removing the root inhibiting soil layer Prime farmland if irrigated and the product of I (soil erodibility) x C (climate factor) does not exceed 60 Prime farmland if irrigated and reclaimed of excess salts and sodium Farmland of statewide Farmland of local Farmland of unique Not rated or not available Not prime farmland All areas are prime farmland Prime farmland if drained Prime farmland if protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated and drained Prime farmland if irrigated and either protected from flooding or not frequently flooded during the growing season Prime farmland if subsoiled, completely removing the root inhibiting soil layer Prime farmland if irrigated and the product of I (soil erodibility) x C (climate factor) does not exceed 60 Prime farmland if irrigated and reclaimed of excess salts and sodium Farmland of statewide Farmland of local Soil Rating Points Farmland of unique Not rated or not available Not prime farmland All areas are prime farmland Prime farmland if drained Prime farmland if protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season Water Features Prime farmland if irrigated and drained Prime farmland if irrigated and either protected from flooding or not frequently flooded during the growing season Prime farmland if subsoiled, completely removing the root inhibiting soil layer Prime farmland if irrigated and the product of I (soil erodibility) x C (climate factor) does not exceed 60 Prime farmland if irrigated and reclaimed of excess salts and sodium Farmland of statewide Farmland of local Farmland of unique Not rated or not available Natural Resources Conservation Service Web Soil Survey National Cooperative Soil Survey 7/6/2015 Page 2 of 4

16 Farmland Classification Fayette County Area, Part of Fayette County, Kentucky MAP INFORMATION Streams and Canals Transportation Rails Interstate Highways US Routes Major Roads Local Roads Background Aerial Photography The soil surveys that comprise your AOI were mapped at 1:15,800. Warning: Soil Map may not be valid at this scale. Enlargement of maps beyond the scale of mapping can cause misunderstanding of the detail of mapping and accuracy of soil line placement. The maps do not show the small areas of contrasting soils that could have been shown at a more detailed scale. Please rely on the bar scale on each map sheet for map measurements. Source of Map: Natural Resources Conservation Service Web Soil Survey URL: Coordinate System: Web Mercator (EPSG:3857) Maps from the Web Soil Survey are based on the Web Mercator projection, which preserves direction and shape but distorts distance and area. A projection that preserves area, such as the Albers equal-area conic projection, should be used if more accurate calculations of distance or area are required. This product is generated from the USDA-NRCS certified data as of the version date(s) listed below. Soil Survey Area: Fayette County Area, Part of Fayette County, Kentucky Survey Area Data: Version 11, Sep 18, 2014 Soil map units are labeled (as space allows) for map scales 1:50,000 or larger. Date(s) aerial images were photographed: Oct 4, 2011 Feb 20, 2012 The orthophoto or other base map on which the soil lines were compiled and digitized probably differs from the background imagery displayed on these maps. As a result, some minor shifting of map unit boundaries may be evident. Natural Resources Conservation Service Web Soil Survey National Cooperative Soil Survey 7/6/2015 Page 3 of 4

17 Farmland Classification Fayette County Area, Part of Fayette County, Kentucky Farmland Classification Farmland Classification Summary by Map Unit Fayette County Area, Part of Fayette County, Kentucky (KY643) Map unit symbol Map unit name Rating Acres in AOI Percent of AOI DoB Donerail silt loam, 2 to 6 percent slopes All areas are prime farmland Hu Huntington silt loam All areas are prime farmland LoB Loradale silt loam, 2 to 6 percent slopes LwB Lowell silt loam, 2 to 6 percent slopes MoD3 McAfee silty clay, 12 to 20 percent slopes, severely eroded MpC2 McAfee silty clay loam, 6 to 12 percent slopes, eroded ScC2 Salvisa silty clay loam, 6 to 12 percent slopes, eroded ublmb umlmc Bluegrass-Maury silt loams, 2 to 6 percent slopes Maury-Bluegrass silt loams, 6 to 12 percent slopes All areas are prime farmland All areas are prime farmland % % % % Not prime farmland % Farmland of statewide Farmland of statewide All areas are prime farmland Farmland of statewide % % % % Totals for Area of Interest % Description Farmland classification identifies map units as prime farmland, farmland of statewide, farmland of local, or unique farmland. It identifies the location and extent of the soils that are best suited to food, feed, fiber, forage, and oilseed crops. NRCS policy and procedures on prime and unique farmlands are published in the "Federal Register," Vol. 43, No. 21, January 31, Rating Options Aggregation Method: No Aggregation Necessary Tie-break Rule: Lower Natural Resources Conservation Service Web Soil Survey National Cooperative Soil Survey 7/6/2015 Page 4 of 4

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21 dotloop signature verification: SELLER S REAL PROPERTY HISTORY FARM PROPERTY For use only by members of the Lexington-Bluegrass Association of REALTORS PROPERTY ADDRESS: 5508 Russell Cave Road, Lexington, Kentucky DATE: Please answer all questions. Mark yes or no to all questions. If answer is yes, please explain in item #13. Yes No Unknown 1. MAIN RESIDENCE HOUSE SYSTEMS Are you aware of any problems affecting: (a) Electrical wiring... (b) Air Conditioning... (c) Plumbing/Septic... (d) Heating... (e) Pool/Hot tubs/sauna... (f) Appliances... (g) Doors and windows MAIN RESIDENCE FOUNDATION (a) Are you aware of any problems concerning the basement?... (b) Are you aware of any problems concerning sliding, settling, movement upheaval, or earth stability?... (c) Are you aware of any defects or problems relating to the foundation? MAIN RESIDENCE ROOF (a) Has the roof ever leaked?... (b) Has the roof ever been repaired?... (c) Do you know of any problems with the roof MAIN RESIDENCE ALE/LEAD-BASED PAINT (a) Was residence built before 1978?... (If yes, seller may not accept and buyer should not present an offer to purchase contract that does not include a Disclosure of Information and Acknowledgement of Lead-Based Paint and/or Hazards addendum acknowledging receipt of the EPA pamphlet Protest Your Family From Lead in Your Home.) 5. DRAINAGE (a) Is this property located in a flood plain zone?... (b) Has the property ever had a drainage, flooding or grading problem? BOUNDARIES (a) Have you ever had a survey of your property?... (b) Do you know the boundaries of your property?... (c) Are the boundaries of your property marked in any way?... (d) Are you aware of any encroachments, recorded or unrecorded easements relating to this property?... (e) Is there any common fencing? If yes, explain any agreement and common maintenance... (f) Any improvements shared in common with adjoining or adjacent properties? HOMEOWNER S ASSOCIATION (a) Is the property subject to rules or regulations of any homeowner s association? If yes, please supply copy of rules and regulations. 8. WATER (a) Are all the improvements connected to a public water system?... (b) IF NOT, please state your water sources and explain. (c) Has your water system ever gone dry? If yes, explain... (d) Are you aware of any problems with your water lines and/or waterers?... (e) Is your water supply shared with anyone else? AUXILIARY HOUSES (a) Are you aware of any problems affecting any of the mechanical systems, structure Or roof on any of the auxiliary houses?... (b) Were any auxiliary houses built before 1978?... (If yes seller may not accept and buyer should not present an offer to purchase contract that does not include a Disclosure of Information and Acknowledgement of Lead-Based Paint and/or Hazards addendum acknowledging receipt of the EPA pamphlet Protest Your Family From Lead in Your Home.) 10. BARNS/OUTBUILDINGS (a) Are you aware of any problems affecting any of the mechanical systems, Structure, or roof on any of the barns or outbuildings?... FORM 035 Revised 8/06

22 dotloop signature verification: Yes No Unknown 11. UTILITIES (a) Are you aware of the location of the following underground utilities? 1) Water lines... 2) Electric lines... 3) Natural Gas/Propane... 4) Telephone lines... 5) Septic/Field lines... (b) If you answered yes to any of the above, can you furnish a diagram of same? 12. MISCELLANEOUS (a) To your knowledge, does the property have any ureaformaldehyde or asbestos materials used in construction?... (b) Do you know of any violations of local, state or federal government laws or regulations relating to this property?... (c) Are you aware of any Radon test being performed on this property?... (d) Are you aware of any existing or threatened legal action affecting this property? (f) Are there any assessments other than property assessments that apply to this property?... (g) Are you aware of any damage due to wood infestation?... (h) Have the house and/or other improvements ever been treated for wood infestation? If yes, when and by whom?... previous owner (i) Are you aware of any underground storage tanks?... (j) Are you aware of any past or present chemical contamination to the soil and/or water on this property?... (k) Are you aware of any dumps on the property, present or past?... (l) Are any sink holes being used as a dump?... (m) To your knowledge, has the property been used for anything besides agricultural purposes?... (n) Are there any leases on the property (e.g. tobacco, mineral, timber, etc.)?... (o) Have you ever had a soil analysis done?... If yes, by whom and when. (p) Are you aware of any other fact, conditions or circumstances which may affect the desirability of this property?... (q) Are you aware of any cemeteries, burial grounds or burial sites located on or within the boundaries of this property? If the answer was yes to any of the above questions, please explain. Minor termite damage repaired by previous owner, Soil analysis by Southern States. THE ABOVE INFORMATION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE. THIS INFORMATION IS PROVIDED BY THE SELLER FOR THE BENEFIT OF THE PROSPECTIVE BUYER(S). THIS INFORMATION IS BELIEVED TO BE ACCURATE BUT NOT WARRANTED BY ANY REALTOR. dotloop verified 06/17/15 9:05AM EDT Katherine Delight Hanover TKEY-JEAJ-RA8E-NVXW SELLER DATE TIME SELLER DATE TIME IF THIS FORM IS BLANK, THE BROKER/AGENT S SIGNATURE BELOW CONSTITUTES NOTICE TO THE BUYER THAT THE SELLER HAS DECLINED TO PROVIDE THE INFORMATION NECESSARY TO COMPLETE THIS FORM. BROKER/AGENT: DATE: TIME: I (WE) ACKNOWLEDGE THAT I (WE) HAVE RECEIVED A COPY OF THE SELLER S REAL PROPERTY HISTORY. BUYER DATE TIME BUYER DATE TIME If you have specific questions please consult an attorney. The Lexington-Bluegrass Association of Realtors disclaims any and all liability that my result from your use of this form. FORM 035 Revised 8/06

23 dotloop signature verification: LEXINGTON-BLUEGRASS ASSOCIATION OF REALTORS 2250 Regency Road ADDENDUM TO UNIFORM REAL ESTATE SALES AND PURCHASE CONTRACT For use only by members of the Lexington-Bluegrass Association of Realtors DISCLOSURE OF INFORMATION AND ACKNOWLEDGMENT OF LEAD-BASED PAINT AND/OR HAZARDS TODAY S DATE: 06/16/2015 CONTRACT DATE: CONTRACT # PROPERTY ADDRESS: 5508 Russell Cave Road, Lexington, Kentucky Lead Warning Statement Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women The seller of any interest in residential real property is required to provide the buyer with any information on leadbased paint hazards from risk assessments or inspections in the seller s possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. Seller s Disclosure (Initial) (a) Presence of lead-based paint and/or lead-based paint hazards (check one below): KDH 06/17/15 8:50AM EDT! Known lead-based paint and/or paint hazards are present in the housing. (explain):! Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing. KDH (b) Records and Reports available to the seller (check one below): 06/17/15 9:17AM EDT! Seller has provided the purchaser with all available records and reports pertaining to lead-based paint and/or lead-based hazards in the housing (list documents below):! Seller has no reports or records pertaining to lead-based and/or lead-based paint hazards in the housing. Purchaser s Acknowledgment (Initial) (c) Purchaser has received copies of all information listed above (d) Purchaser has received the pamphlet Protect Your Family From Lead in Your Home (e) Purchaser has (check one below):! Requested opportunity to conduct a risk assessment or inspection for the presence of lead-based paint or leadbased hazards under the same terms and conditions as Other Inspections. (See the offer to purchase contract.)! Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards. Agent s Acknowledgment (Initial) ZAD (f) Agent has informed the seller of the seller s obligations under 42 U.S.C. 4852d and is aware of his/her responsibility 06/16/15 to ensure 6:55PM EDTcompliance. Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate. dotloop verified Seller Katherine Delight Hanover 06/17/15 9:17AM EDT Date YINH-MDJZ-PQ4C-JU05 Seller Date dotloop verified Agent Zachary A. Davis 06/16/15 6:55PM EDT Date LUVE-MLHK-O8H5-UTCV Buyer Date Buyer Date Agent Date Form #45 If you have specific questions please consult an attorney. The Lexington-Bluegrass Association of Realtors disclaims any and all liability that may result from your use of this form. Revised 01/02