2680 Newtown Pike,Lexington, KY 40511
Lexington, KY 40511
Description
Significant Price Reduction! Marlendale Farm, under the ownership of the same family since 1825, andd available for purchase for the first time! The farm consists of over 197 acres in two tracts in one the most sought after locations in Lexington, Ky, adjacent to Fasig-Tipton Co., 3 miles to the Ky Horse Park, 1/2 mile to I-75, 1 mile to the Marriott Griffin Gate Resort. The property has been a successful Horse farm for decades, with amenities that include; 32 stalls in 3 barns, a 3500 sqft brick residence, 2 employee residences, plank fences, paved roadways, and city water throughout all fields and paddocks. Other property amenities include a 10 bent tobacco/hay barn, nearly 50 acres of undisturbed pasture land on the east side, and importantly, an owned access lane to Iron Works Pike. The brick residence, built in 1965 is erected around and part of the original log cabin of the original owners of the property and is suitably charming. The residence encompasses 5 bedrooms 3 full baths, living room, dining room, along with an apartment over the 2 car garage. Marlendale Farm presents a generational opportunity to purchase 197 acres of great land in a truly spectacular location. Private, confidential showings available.
Details
| MLS # | 25504784 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 319 |
| Listing Provided By | Biederman Real Estate | Tom Biederman |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Agriculture |
| Acreage | 197.30 |
| Property View | Farm, Rural, Trees, Woods |
Interior
| Rooms Total | 2 |
|---|---|
| Cooling | Central Air, Geothermal |
| Heating | Geothermal, Solar |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Breakfast Bar, Eat-in Kitchen |
Exterior
| Lot Features | Gentle Sloping, Level |
|---|---|
| Fencing | Wire, Plank |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Electricity Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40511 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $8,500,000 low | high Med: $295,000 sqft: 3,500 low | high Med: 1,334 $ / sqft: $2,429 low | high Med: $263 On site: 319 low | high Med: 75 | |
Market Activity 40511
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40511 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $8,500,000 low | high Med: $295,000 sqft: 3,500 low | high Med: 1,334 $ / sqft: $2,429 low | high Med: $263 On site: 319 low | high Med: 75 | |