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.
For sale
$6,000,000
8897 Rockwell Rd, Lexington, KY 40509
7beds
9,769sqft
Est.: 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
- 1 day |
- 758 |
- 62 |
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#: 26011667
Tour with a local agent
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
Estimated market value
$2,583,100
$2.04M - $3.25M
$3,074/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Listed for sale | $6,000,000$614/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $947,700 |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
- 6/10Deep Springs Elementary SchoolGrades: PK-5Distance: 8.5 mi
- 5/10Bryan Station Middle SchoolGrades: 6-8Distance: 9 mi
- 3/10Bryan Station High SchoolGrades: 9-12Distance: 9.1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Fayette County
- Lexington
- 40509
- 8897 Rockwell Rd
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