BREAKING NEWS: Good And Bad News For Kentucky

Former University of Kentucky basketball coach John Calipari’s Lexington residence has been sold for approximately half a million dollars below its listed price. Records from the Fayette PVA’s database indicate that the property at 1732 Richmond Rd. was purchased for $3.4 million by Pascal and Brenda Mercurio, a married couple. The transaction was completed on June 27. Calipari and his wife, Ellen, decided to sell the house in May after John accepted a coaching position at the University of Arkansas, rendering their Kentucky residence unnecessary.

According to reports from Arkansas media, the Caliparis have acquired a new residence in a gated community at the Blessings Golf Club for $2.2 million. The new home spans 7,350 square feet, featuring five bedrooms and boasts views of the golf course, located approximately 5.5 miles from the university campus.

Details of the sale of John Calipari’s former house:

• The Lexington property was originally listed for $3.99 million.
• The buyers, Pascal and Brenda Mercurio, are the founders of The Painted Horse, a home improvement business located on Richmond Road.
• The house, which includes five bedrooms and seven bathrooms, spans 9,612 square feet across two parcels.
• The Caliparis purchased the two parcels in 2009 for a combined $2.3 million, as recorded in the Fayette County PVA database.
• The property features a gated driveway, grand foyer, formal living and dining rooms, an open concept great room with a two-story stone fireplace, and a chef’s kitchen with a large island.
• The primary bedroom is located on the first floor and includes dual bathrooms and closets.
• Upstairs, there are four additional bedrooms, each with en suite bathrooms and spacious closets, along with a bonus room on the third floor for recreational use.
• The basement is equipped with a kitchenette, projection TV, and a workout room.
• Outdoor amenities include a pool and pool house, a three-car garage, and a half-court basketball court.
• Additional living space above the garage features a bedroom, living room, kitchenette, and bathroom, while the pool house includes its own kitchenette, bathroom, and changing area.
• The property is enclosed by a brick and iron fence, with the driveway also gated.