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Mixed-Use Land for Sale in Winchester, Kentucky

1108 W Lexington Ave, Winchester, KY 40391

$800,000
4.87 acres
Pending sale
Under contract

Rare opportunity to purchase a large multi-family development in the heart of Winchester! Directly across the street from Legacy Grove Park with Lexington Avenue frontage. All building and engineering plans available to build 66 approved townhomes with the possibility of adding 4 more. Currently zoned PD (Planned Development), could possibly be changed to commercial due to neighboring commercial property. Main property is 4.87 acres. Two other parcels will also be included, 220 and 231 (retention pond) Fairfield Way. No current infrastructure but some sewer materials already purchased. Seller would consider subdividing the large parcel to sell only the Lexington Ave side. The property can be accessed from Fairfield Way off of the new Fulton Rd extension. Please do not enter property without an appointment! Do not disturb tenants on Fairfield Way!

Location

Street address
1108 W Lexington Ave
Zip code
40391
Community
Fairfield Park
Elevation
1,006 feet
Coordinates
37.9985, -84.1979

Directions

Take Lexington Avenue to Legacy Grove Park, The property is directly across the street from the park between Professional Avenue and Arlington Rd. Access from Fairfield Way behind the Clark County Health Department.

Property details

Acreage
4.87 acres
Zoning
PD Planned Development
MLS #
LBAR 26010978
Posted

Parcels

  • 043-3016-016-00

Details and features

Listing

Type
Land

Lot

Features
Cleared

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
May 21, 2026Under contract$800,000LBAR
May 16, 2026Back on market$800,000LBAR
Aug 22, 2025Under contract$800,000LBAR
July 31, 2025Price drop$800,000$25,000 -3%LBAR
May 11, 2025New listing$825,000LBAR
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This 4.87-acre property is located at 1108 W Lexington Ave in Winchester, KY 40391. The property is pending sale.

Listed by Kentucky Residential Real Estate, (859) 229-5974

Checked 1 hour agoUpdated Source

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