Sugartree Ln - SUGARTREE Fayette-Lexington KY Metro 4.62 Acres of Residential Land Offered at $2,091,120 CAD in Versailles, KY 40383

Sugartree offers a rare, fully entitled, shovel-ready residential development opportunity in Versailles, Kentucky — thirteen miles west of downtown Lexington, inside the Lexington-Fayette Bluegrass metro. The offering comprises eight individually entitled 4-plex lots, thirty-two total homesites, priced at $1,500,000 ($187,500 per lot, $46,875 per pad). I also have this broken down to sell the 4-plex lot sites individually for $200,000 each. See sister listings on loop net.
THE OFFERING
Every lot is platted, recorded, and fully served by paved roads, drainage, natural gas, and electric — carrying zero entitlement risk, zero rezoning exposure, and no waiting period. A buyer moves directly to vertical construction. Six lots are entitled for 1.5-story loft townhomes (24 units) and two lots are entitled for all-brick garden homes (8 units) — two proven, complementary products inside a single established, already-selling community. Phase 1 of Sugartree is complete and fully sold, establishing real pricing, absorption, and buyer demand for the exact product offered here.
THE PRODUCT
The loft townhome plan is a 1.5-story design with vaulted great rooms, a first-floor primary suite, an upstairs loft or second bedroom suite, and a covered patio — the floor plan that built and sold out Phase 1. The garden home plan is an all-brick, single-level 4-unit building with hip roofs, masonry chimneys, deep covered porches, two-car garages, and a first-floor primary suite — a maintenance-free product built for move-down buyers and second-home owners. Built examples of both products stand on-site today, so a buyer is not introducing a new concept to this market.
PROPERTY OVERVIEW
The 23.54-acre site is a tree-lined Planned Unit Development (PUD) zoned R-1B, with density of 3.91 units per acre against 4.0 allowed. The ground is level with no terrain issues, sits on a quiet loop with no through traffic, and includes 2.30 acres of dedicated open space. Each of the 32 homesites carries its own recorded street address.
LOCATION & REGIONAL ECONOMY
Sugartree sits inside one of the most diversified job markets in the Southeast, a genuine advantage for long-term residential demand. Toyota Motor Manufacturing Kentucky, in Georgetown eighteen miles away, is the largest Toyota plant in the world — more than 9,700 employees and over $10 billion invested since 1986. Kentucky builds more vehicles per capita than any other state, backed by more than 500 automotive supplier facilities statewide.
Healthcare investment in the Lexington market currently exceeds $3.7 billion under active construction, including a new Baptist Health hospital in Georgetown, a near-$3 billion expansion of UK's Chandler Hospital, and a $500 million cancer center in Lexington.
Six colleges and universities sit within twenty miles — the University of Kentucky, Transylvania University, Midway University, Asbury University, Georgetown College, and Kentucky State University — anchoring a steady base of faculty, staff, and student-driven demand.
Woodford County itself is the Birthplace of Bourbon, home to Woodford Reserve Distillery a few miles from the property, inside a Kentucky bourbon industry supporting more than 23,000 jobs and nearly 3 million Bourbon Trail visits a year. The county also carries more than 44,000 acres in horse farms, part of a statewide equine industry worth $6.5 billion annually. Kentucky's three global air-cargo hubs — UPS's Worldport and the DHL and Amazon Air hubs at the Cincinnati/Northern Kentucky airport — support roughly 80,000 logistics jobs statewide.
Keeneland Race Course, historic Midway, downtown Lexington, and Blue Grass Airport are all within fifteen miles of the property.
WHY THIS MATTERS TO A BUILDER
No single employer and no single industry carries this market. Manufacturing, healthcare, higher education, agriculture and tourism, and logistics are all expanding at once, on separate cycles — the kind of job base that holds a housing market up rather than exposing it to one company's fortunes. Phase 1 sold out on this exact site. This offering lets a builder step into a proven, diversified market rather than create one.
OFFERING SUMMARY
Total Price: $1,500,000
Price Per Lot: $187,500
Price Per Pad: $46,875
Entitled Lots: 8
Total Homesites: 32
Zoning: R-1B PUD
Acreage: 23.54 Acres
A full 6% commission will be paid to the selling agent/broker at the closing table.