By February 1, 2014 Read More →

A Castle for Sale in Versailles…Kentucky

versailles-castle

Versailles, KY – While this Versailles Castle has never been home to King Louis XIV, its grand accommodations and prime location in Kentucky horse country have made it a destination for other royalty.  The CastlePost has hosted such dignitaries as Saudi Arabia’s Prince Turki al-Faisal; Princess Haya bint al-Hussein, president of the Fédération Equestre Internationale; and her husband, Sheikh Mohammed bin Rashid al-Maktoum of Dubai, a leading buyer of horses at nearby Keeneland.

ISfcp9j9rsxf37-3

Like any true castle, the 55-acre property is surrounded by manicured gardens, fountains, a tennis court and a 20-by-50-foot pool, all enclosed within a high stone wall complete with battlements and four turrets.

IS1ipzok9ya7jxf

The 50 room castle and its surrounding 55 acre Thoroughbred horse farm certainly carry a price tag worthy of a royal court.  But the $30 million price tag does not appear to worry General Manager Charles Martin.

“It’s a unique piece of property,” Martin said. “It’s like buying a landmark.”

This “landmark” castle, overlooking US 60 between Frankfort and Lexington, is not without its sordid and sometimes tragic history

ISfcp511gbj06b

A trip to Europe inspired Lexington contractor Rex Martin Senior and his wife Caroline Bogaert Martin to begin construction of their Kentucky castle in 1969.  However, in 1975, with the castle still unfinished, the Martin’s divorced and the castle sat abandoned until the death of Rex Martin in 2003.  That’s when Tom Post, a Miami lawyer and Lexington native, purchased it for $1.8 million and almost immediately began construction to finish the castle.  While undergoing restoration, a fire destroyed most of the main building in May of 2004.

IS1ipzo07syzgyr

Not to be defeated, Post began construction in 2005 to rebuild the castle as a luxury bed and breakfast.  In 2008, CastlePost opened with 16 suites, a full library, great hall, grand staircase, sitting room, game room, a ballroom, and dining room that can seat up to 40 guests.  Prices range from $325 per night for a State Room to $1,250 a night for the “Royal Turret Suites.”

ISfcovezf6ck2r

The CastlePost has also played host to various weddings and fundraisers against a backdrop of marble floors, velvet draperies, grand chandeliers and opulent furnishings befitting of a location billed as “Kentucky’s premier luxury tourist inn.”

IS1iq005h1jl7z7

Helping charities is “one of my greatest feelings of accomplishment,” Post told the Lexington Herald-Ledger.

The fundraisers, including events for the Salvation Army and the Scott Country Humane Society, have raised $700,000 in 2009 and are on track to raise approximately $500,000 this year according to the Herald-Ledger.

Not everyone has been so happy to see the extra people and traffic these events have brought to the quiet, rural community.  Last year, Post and the Woodford County Board of Adjustments were sued by neighbors and a neighborhood association who seek to reverse the board’s 2009 ruling allowing an unlimited number of events at the castle.  The suit is still pending in Woodford Circuit Court.

IS1ipzxp8ds8vqb

Post is also interested in selling The Kentucky Mansion, a tourist property, located on Shannon Run Road, just across from CastlePost.  While Post acquired the property, formerly known as Crescent Hill Farm, in 2005 for $3.5 million, the 7 bedroom, 7,100 square foot home and its 30 acres is currently listed for $995,000.

 

Information:

Address: 230 Pisgah Pike Versailles, KY 40383

Price: $30,000,000

Beds: 16 Bed

Baths: 15 Bath

Lot Size: 55 Acres

MLS ID: 1302827

Real Estate Broker: Comey Shepherd, Realtors * (513)561-5800 * www.comey.com

 

Related Posts Plugin for WordPress, Blogger...
Be Sociable, Share!

5 Comments on "A Castle for Sale in Versailles…Kentucky"

Trackback | Comments RSS Feed

  1. Jackie S. says:

    May not be able to afford to BUY the place…but sure would like to stay there sometime soon! Great anniversary idea!

  2. Becky D. says:

    Wish I had #30 million! haha

  3. Polly K. says:

    Oh, how beautiful! I want to go there!

  4. Yancy says:

    Gorgeous!!! I want a castle

  5. Lacy says:

    After reading this, we are planning a trip to KY just to see this castle in person! How often do you get to stay in a real live castle?!?!