new - 5 days on rocket

405 Iron Works Rd, Paris, KY, 40361

$6,475,000

7 Bedrooms
7 Full Baths, 3 Partial
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year BuiltNew Const., 2024
HeatingHeat Pump
CoolingElectric
BasementYes
FireplaceDining Room, Gas Fireplace, Outside, Ventless, Primary Bedroom, Living Room, Kitchen, Great Room, Gas Log, Family Room
MLS #24021708
Lot Size18.84 Acres
StatusActive

About 405 Iron Works Rd

This gorgeous colonial style custom home sits on nearly 20 picturesque acres with amazing views of rolling hills and horse farms! With approximately 15,000 sq ft of livable space, this custom estate is truly one-of-a-kind! This house features a primary on the main level with an elegant ensuite bath, make-up room, and dual walk-in closets, a second primary, five additional bedrooms, ten baths, a great room, a study, a twelve person formal dining room, a butler pantry, a helm, a theatre, a bonus room, and much more. The house's focal point is an elegant floating spiral staircase with a large ceiling dome. Only the best... Wolf, Sub-Zero, and Cove appliances, inset custom cabinets, wide plank hardwoods throughout the home, exquisite custom trim work, three coffered ceilings, and a truss-beamed bonus room exude classical elegance. This home's estate columns, dry-stacked stone accents, white painted Hardie siding, custom grand entrance iron door, and sheer size of this property elevate the home to mansion caliber. Grand balconies and patios are accessible from each side and level of the house. Anderson doors and windows, spray foam insulation throughout the home,

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

Interior Features

Interior Information:

  • Appliances: Disposal, Electric Water Heater, Gas Range, Washer, Refrigerator, Microwave, Dishwasher, Dryer, Double Oven
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Marble
  • Interior: Dining Area, Entrance Foyer, Primary First Floor, Wet Bar, In-Law Floorplan, Entrance Foyer - 2 Story, Elevator, Walk-In Closet(s), Security System Owned
  • Fireplace: Dining Room, Gas Fireplace, Outside, Ventless, Primary Bedroom, Living Room, Kitchen, Great Room, Gas Log, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Driveway

Virtual/3D Tour

  • 3D Tour: 405 Iron Works Rd
3D Tour

Lot Features

Lot Information:

  • Lot Size: 18.84 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Bourbon County High School, Public District Grades 9-12
  • Bourbon County Middle School, Public District Grades 6-8
  • Bourbon Central Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Outbound Winchester road, Left on Haley road, Left on KY 1678, left on Iron Works Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,475,000

Tax Information:

  • Annual Amount: $2,572
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Paris, KY.

Med. Sold Price

$237K

Med. Price/SqFt

$156

Avg. Days On Market

38

# of Sold Homes

13

405 Iron Works Rd vs Paris

5 DAYS ON ROCKET

-33 Days

$6,475,000

+$6.2M More

KEY TAKEAWAY

This property is $6.2M more than the Median Sold Price in Paris, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021708

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 27, 2020Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,572$180,000
2019$116$356,700
2018$118$356,700
2017$118$356,700

History based on county public records data.

Payment Calculator

$32.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2017304
4
/10
  • Bourbon Central Elementary School

  • 367 Bethlehem Rd

  • 4.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2017305
4
/10
  • Bourbon County Middle School

  • 3339 Lexington Rd

  • 5.42 miles

  • Public District Grades 6-8

High School

school-card-donut-2017306
6
/10
  • Bourbon County High School

  • 3341 Lexington Rd

  • 5.36 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,111. The majority of Paris, KY residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 405 Iron Works Rd

What is the listing price of this property?

The listing price of 405 Iron Works Rd property is $6,475,000.

What type of property is this?

The property 405 Iron Works Rd is a house located in Paris, Kentucky, 40361.

Is this property for sale now?

Active Listing: 405 Iron Works Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 405 Iron Works Rd are:
Bourbon Central Elementary School: GreatSchools Rating 4/10
Bourbon County Middle School: GreatSchools Rating 4/10
Bourbon County High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,572 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 27, 2020 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 405 Iron Works Rd has 7 bedrooms and 7 full and 3 half bathrooms.

Which year was this property built?

The year of construction for 405 Iron Works Rd is 2024.
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Rocket Homes›Kentucky›Bourbon County›Paris›40361›405 Iron Works Rd

This home is located at 405 Iron Works Rd in Paris, KY and zip code 40361. This home, which was built in 2024, sits on a 18.84 acre lot. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $6,475,000.

In October 2024 more than 3 listings in Paris, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Paris, KY between September 2024 and October 2024 increased by 14.3%. The median list price of listings available in October 2024 was $237,000, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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