2680 Newtown Pike

Lexington, KY 40511

About this property

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.

About this property

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.

Features and Additional Information

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$8,500,000 Active
5 Bed(s)
3
Baths
3,500 sqft

Presented By Coldwell Banker McMahan

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Biederman Real Estate
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Area Information

001 Fayette County NW | Fayette County | Rural

$ 8,500,000
This listing is play_arrow 2781.4% higher than the average in the area
$ 295,000 in the area
3,500 SqFt
This listing is play_arrow 176.6% larger than the average in the area
1,266 SqFt in the area
$ 2,429 $/SqFt
This listing is play_arrow 941.8% more than the average in the area
$ 233 $/SqFt in the area
319 days on site
This listing is play_arrow 94.5% above the average in the area
164 days on site in the area

Schools in the Area

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Listed By Tom Biederman
Brokerage: Biederman Real Estate

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