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351 Spears Mill Road, Paris, KY 40361

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For Sale

$815,000

1,300 sqft

Estimated Payment

$ 4,194 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • $626.92
    Price per square foot

Explore this Property

+/- 36 acres horse farm in Bourbon County. Proposed subdivision in one tract with +/- 1,200 feet of road frontage at 351 Spears Mill Rd in Paris, Kentucky. Property includes a 3 bed 1 bath house sold 'as-is' to completely renovate (it has a new septic system put in 2024), a converted tobacco barn with new roof(120'x60') and with 18 stalls (11'x13') for horses, a wash stall, and storage, and an open side shed for equipment/storage. There are 18 paddocks (in average from +/- ½ ac to ⅔ ac) including 16 with run-in sheds, automatic waterers, 3 pastures (+/- 5 ac, 6ac and 6.6ac), and a 30' x 40' metal workshop with roll down doors. All is fully fenced with either four plank or Vmesh wire. Rare location close to the corner of Winchester Rd and Spears Mill Rd, in direct vicinity of Siena Farm, Stoneriggs Farm, and Hidden Brook Farm. 8 minutes from Paris, 35 minutes from Lexington. Perfect and ready for horses to move in. For sale as 36 acres parcel only but can be subsequently subdivided in 3 different tracts of 12 ac each with +/-400 feet of road frontage. Preapproved buyers only or Proof of funds.
MLS# 24000604

Courtesy Of JONES-NOUVELLET Farm Real Estate

(859) 512-8812

Property Features

  • Architecture Style
    Other
  • Lot Size
    36 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 351 Spears Mill Road, Paris, KY 40361

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,194
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,194

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

North Middletown Elementary School

Grades KG-5 Public School

North Middletown, KY 40357 5.4 miles
301 college street

148 total students
13:1 Student teacher ratio

School Rating: C

School Details

Bourbon County Middle School

Grades 6-8 Public School

Paris, KY 40361 4.2 miles
3339 lexington rd

624 total students
16:1 Student teacher ratio

School Rating: C-

School Details

Bourbon County High School

Grades 9-12 Public School

Paris, KY 40361 4.1 miles
3341 lexington rd

816 total students
17:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Bourbon County Preschool Headstart 3.9 miles Public PK
Bourbon Central Elementary School 4 miles Public KG-5 C
St Mary School 4.1 miles Private PK-5
Paris Elementary School 4.1 miles Public KG-5 C
Paris Preschool Center 4.1 miles Public PK
Paris Middle School 4.4 miles Public 6-8 D
Paris High School 4.4 miles Public 9-12 D
Cane Ridge Elementary School 4.8 miles Public KG-5 D+

Bourbon County Preschool Headstart

Distance: 3.9 miles

Type Public

Grades: PK

Bourbon Central Elementary School

Distance: 4 miles

Type Public

Grades: KG-5

C

St Mary School

Distance: 4.1 miles

Type Private

Grades: PK-5

Paris Elementary School

Distance: 4.1 miles

Type Public

Grades: KG-5

C

Paris Preschool Center

Distance: 4.1 miles

Type Public

Grades: PK

Paris Middle School

Distance: 4.4 miles

Type Public

Grades: 6-8

D

Paris High School

Distance: 4.4 miles

Type Public

Grades: 9-12

D

Cane Ridge Elementary School

Distance: 4.8 miles

Type Public

Grades: KG-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Paris, KY 40361

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Paris, KY 40361

This community’s employment is highest in the production occupations and food industries. The area’s overall household expenses are below the national average.

87° July
Hottest Average Month
23° January
Coldest Average Month
7,659 Total Households in Area
-0.7% Increase in population since the year 2010
28.9%
of households
have children
24 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Paris, KY 40361

Paris, KY 40361 has a population of 19,138 people in 7,659 households with a median age of 43.1 years old.

-0.7%
Decrease in population
since the year 2010
Population is Trending down
7,823
Total households as of 2010
1.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 83%
Hispanic 8%
Black 5%
Other 5%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 83%, followed by Hispanic at 8%, Black at 5%, and Other at 5%.

Economics
for Paris, KY 40361

74 /sq mi
Population Density
$62,615 /yr
Median Household Income
$158,400
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 14.17% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 8%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 4,966 58%
Rented 2,693 31%
Vacant 900 11%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Paris, KY 40361

43.1 Median Age

Average Household Size

2.5
persons per
household

47.6%

Married Households

Community Population By Education

High School Graduate 36%
Some College 22%
Some High School 13%
Bachelors Degree 13%
Graduate Degree 11%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.61% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.9% of households have children

Weather
for Paris, KY 40361

The weather for this area ranges from a high of 87° F in July to a low of 23° F in January

87° July
Hottest Average Month
23° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
42°
Feb
25°
45°
Mar
33°
55°
Apr
43°
66°
May
52°
76°
Jun
61°
84°
Jul
65°
87°
Aug
63°
86°
Sep
56°
80°
Oct
44°
69°
Nov
35°
56°
Dec
27°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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