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Sugartree Lane - SUGARTREE LOFTS II 24-Units, $62,250 per Pad 3.27 Acres of Residential Land Offered at $1,494,000 in Versailles, KY 40383
Investment Highlights
- Shovel Ready! 24 (twenty-four) fully entitled, platted and recorded Units on level 4-plex Lots, ($62,250 per pad VALUE ADD on an A plus property!
- Infrastructure in place.
- Along paved road in established community; quiet loop end location with no through traffic.
Executive Summary
Typically this price range has no entitlements and terrain issues..NOT HERE!... fully entitled ready to go. The earlier phases are already designed, built and selling, providing a proven product, an established identity, and clear comparable pricing for the next builder or investor to step in and continue.
Property Highlights
Development Status
• Fully entitled
• Shovel ready — no entitlement risk, no waiting period
• Natural gas and electric utilities already in place to the site
• Stage 2 now open; Phase 1 completed and fully sold
• Infrastructure established — roads, drainage, and common areas in place
• Site Overview
• All within the 23+ acre fully tree-lined Planned Urban Development (PUD)
• Located off Huntertown Road, Versailles, KY 40383
• 6 lots available, each supporting 4 townhome/condo pads
• 24 total pads = 24 luxury units to build and sell
Property Facts
| Price | $1,494,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Master Planned Community |
| No. Lots | 1 | Total Lot Size | 3.27 AC |
| Property Type | Land | ||
| Zoning | See Executive Summary - See Executive Summary | ||
| Price | $1,494,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Master Planned Community |
| Total Lot Size | 3.27 AC |
| Zoning | See Executive Summary - See Executive Summary |
1 Lot Available
Lot 24 Units
| Price | $1,494,000 | Lot Size | 3.27 AC |
| Price Per AC | $456,880.73 |
| Price | $1,494,000 |
| Price Per AC | $456,880.73 |
| Lot Size | 3.27 AC |
Six (6) individually platted and entitled level 4-Plex Lots [ 24 Units Total] in a recorded subdivision on a paved road with infrastructure in place. Shovel ready. Low Property Taxes of $8,055 [2025] in Total on all 24 Units.
Description
A rare, plug-and-play development opportunity in one of Central Kentucky's fastest-growing residential markets. This parcel within the established Sugartree community in Versailles, Kentucky is fully entitled, permitted, and utility-served — allowing a qualified builder or investor to move directly to vertical construction with zero entitlement delay. This offering represents 6 individually titled 4-Plex Lots available, each supporting 4 townhome/condo pads all within the planned development, each designed to accommodate luxury condo / townhome construction targeting the rapidly expanding market of maintenance- free buyers. PRIME LOCATION The center of Kentucky's Bluegrass. Versailles sits just 13 miles west of Lexington within the Lexington–Fayette metro, surrounded by thoroughbred farms, bourbon distilleries and limestone country — yet minutes from an international-service airport, world-class healthcare and a walkable historic downtown. Keeneland · ˜10 min Blue Grass Airport · ˜15 min Frankfort · ˜15 mi Midway · ˜10 min APPROXIMATE DRIVE TIMES & DISTANCES Lexington · 13 mi UK HealthCare · ˜25 min WITHIN EASY REACH Keeneland Race Course, Woodford Reserve Distillery, Blue Grass Airport (LEX) Downtown Lexington Frankfort (state capital) Buffalo Trace Distillery UK HealthCare campus, Historic Midway ˜10min ˜10min ˜15min 13 mi ˜ 15 mi ˜25min ˜10min Bourbon Trail address "Renaissance City" of Versailles VERSAILLES · WOODFORD COUNTY · KENTUCKY PAGE 05 Thoroughbred horse country Lexington–Fayette metro Bluegrass Parkway access WITHIN 15 MILES 5 bourbon distilleries · 4 wineries · 17 horse farms offering tours · 20+ museums · 50+ historic sites · plus the 30-acre Big Spring Park.
Contact the Sale Advisor
Sugartree Lane - SUGARTREE LOFTS II 24-Units, $62,250 per Pad