Mixed-Use Land for Sale in Lexington, Kentucky
1749 Russell Cave Rd, Lexington, KY 40505
Stone Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic property offers an excellent opportunity to meet Lexington's growing demand for housing bieng Zoned R-1E with utilities available. According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need. Please call Travis Rose or Email for more information or to see the property.
Location
- Street address
- 1749 Russell Cave Rd
- County
- Fayette County
- Zip code
- 40505
- Community
- Kenawood
- Elevation
- 997 feet
Directions
Turn left onto Burgess Avenue off Russell Cave Road Northbound, then right on McCullough Drive to end to reach property.
Property details
- Acreage
- 1.4 acres60,984 sq ft
- Zoning
- R-1E
- MLS #
- LBAR 26015331
- Posted
Parcels
- 24253200
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Public | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 8, 2026 | New listing | $250,000 | — | LBAR |