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For sale
  • $6,000,000

    8897 Rockwell Rd, Lexington, KY 40509

    7beds
    9,769sqft
    : Get pre-qualified
    Single Family Residence
    Built in 1985
    66.58 Acres Lot
    $2,583,100 Zestimate®
    $614/sqft
    $-- HOA

    What's special

    Detailed millworkCustom vent hoodGrand scaleMultiple fireplacesLaundry areaOversized waterfall islandLandscaping improvements
    Set on approximately 66 acres in Fayette County, Pelphrey Estate is a private luxury estate offering 9,769 square feet, 7 bedrooms, 6 full baths, extensive renovations, and exceptional versatility just minutes from Lexington. Originally inspired by West Coast Mediterranean architecture, the residence was designed with grand scale, soaring ceilings, detailed millwork, multiple fireplaces, and expansive views of the surrounding countryside. The layout offers a combination of formal and casual living spaces, private suites, office space, guest accommodations, and flexible living options throughout the home. The main level features a formal living room centered around a custom floor-to-ceiling fireplace constructed from coal with gas logs, an extensively renovated chef's kitchen, custom wet bar designed for entertaining, and a spacious den featuring a woodburning Buck Stove. The kitchen is truly the showpiece of the home where no detail was overlooked, featuring custom soft-close cabinetry, Calcutta Gold quartz countertops and full backsplash, oversized waterfall island, Wolf commercial range with double ovens, Sub-Zero side-by-side refrigerator, porcelain farmhouse sink, custom vent hood, premium fixtures, and designer finishes throughout. The main floor also includes two additional bedrooms and another renovated full bath. One of the home's two primary suites is located on the first floor and features a completely remodeled ensuite with double vanities, soaking tub, and custom tile walk-in shower. Upstairs, the show-stopping main primary suite offers an extraordinary amount of space with cedar-lined closets, vanity area, private sitting/flex space with fireplace, and a luxury ensuite featuring a soaking tub, 65-inch television, double vanities, quartz countertops, bidet toilet, and oversized custom tile walk-in shower with double shower heads. The upper level also includes two additional oversized bedrooms with renovated ensuite baths, another bedroom without an ensuite, laundry area, and a flex room ideal for office space or additional living area. Outdoor living spaces were extensively updated with a newly constructed fiberglass pool, stamped concrete entertaining areas, rebuilt stucco privacy walls, renovated pool house, landscaping improvements, upgraded drainage systems, and a custom gas fire pit overlooking the pool area. A 5-car garage offers four traditional garage bays, while the additional bay has been converted into a weight room. A convenient full bath located directly off the garage provides ideal access for pool guests. Additional improvements include five new heat pump systems, updated plumbing and electrical systems, new flooring throughout much of the home, fresh interior and exterior paint, custom iron entry doors, new lighting, insulation, and extensive mechanical updates. The property also includes a 5-stall barn, fenced acreage, a separate 3-bedroom, 2 full bath guest house with additional flex space, and 22 office spaces previously utilized for mortgage and title operations, creating unique opportunities for private estate living, business use, or multi-generational functionality. Formerly home to a 5/8-mile training track where successful racehorses trained, the farm carries a unique connection to Kentucky horse country. Pelphrey Estate offers a rare opportunity to own a renovated luxury estate with acreage, privacy, guest accommodations, extensive infrastructure, and exceptional flexibility in one of Fayette County's most desirable settings, conveniently located near the interstate, Hamburg conveniences, as well as Winchester.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shane T Underwood 859-699-2969,

    Keller Williams Commonwealth,

    Terra Long 859-707-7366,

    Keller Williams Commonwealth

    Source: Imagine MLS,MLS#: 26011667MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 6
      Primary bedroom
      • Description: with adjoining full bath
      • Level: First
      Primary bedroom
      • Description: with adjoining full bath
      • Level: Second
      Bedroom 3
      • Description: with adjoining full bath
      • Level: Second
      Bedroom 4
      • Description: with adjoining full bath
      • Level: Second
      Bedroom 5
      • Level: Second
      Den
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Other
      • Description: Bedroom #6
      • Level: First
      Other
      • Description: Bedroom #7
      • Level: First
      Other
      • Description: Nursery/Office
      • Level: Second
      Utility room
      • Level: Second
      Heating
      • Baseboard, Electric, Heat Pump, Zoned
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Exhaust Fan, Heat Pump, Zoned
      Appliances
      • Included: Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Cooktop, Range, Vented Exhaust Fan
      • Laundry: Electric Dryer Hookup, Washer Hookup, Upper Level
      Features
      • Breakfast Bar, Central Vacuum, Entrance Foyer, Eat-in Kitchen, In-Law Floorplan, Wet Bar, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
      • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile
      • Doors: Storm Door(s)
      • Windows: Insulated Windows
      • Basement: Crawl Space
      • Number of fireplaces: 3
      • Fireplace features: Gas Log, Living Room, Master Bedroom, Propane, Wood Burning, Den
      Interior area
      • Total structure area: 9,769
      • Total interior livable area: 9,769 sqft
      • Finished area above ground: 9,769
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached Garage, Driveway, Garage Faces Side
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Exterior features: Fire Pit
      • Has private pool: Yes
      • Pool features: In Ground
      • Fencing: Other,Privacy
      • Has view: Yes
      • View description: Rural, Farm
      Lot
      • Size: 66.58 Acres
      • Features: Landscaped
      Details
      • Additional structures: Barn(s), Guest House, Shed(s), Workshop, Stable(s), Other, Pool House, RV/Boat Storage
      • Parcel number: 20421700
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Stone, Stucco
      • Foundation: Block, Concrete Perimeter
      • Roof: Tile
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Phone Available, Water Connected, Propane

      Community & HOA

      Community
      • Subdivision: Rural
      HOA
      • Has HOA: No
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $614/sqft
      • Tax assessed value: $1,300,000
      • Annual tax amount: $10,113
      • Date on market: 5/26/2026
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        Estimated market value

        $2,583,100

        $2.04M - $3.25M

        $3,074/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$6,000,000$614/sqft
        Source: Imagine MLS #26011667 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,113 $1,300,000
        2023$10,113 -4.2%$1,300,000 -18%
        2022$10,554 $1,584,600
        2021$10,554 $1,584,600
        2020$10,554 $1,584,600
        2019$10,554 $1,584,600
        2018$10,554 +5.7%$1,584,600 +185.5%
        2017$9,981 +11.4%$555,000 -41.4%
        2015$8,961 $947,700
        2014$8,961 $947,700 -40.2%
        2012$8,961 $1,584,600
        2011-- --
        2010-- --
        2009-- --
        2008-- $947,700
        2004-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 40509

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Deep Springs
          • Middle: Bryan Station
          • High: Bryan Station

          Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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