Land with Home for Sale in Lexington, Kentucky

ABSOLUTE AUCTION! November 2, 2026 at 10:30a.m. The property to be sold to the highest Bidder! Inspections Oct. 11th, 18th, 25th, and Nov 1st from 1:00 to 3:00 or by appointment. A 6% Buyer premium will be added to the the final bid to determine the total sale price. Closing and possession within 35 days. Brokers protected. Marlendale Farm, under the ownership of the same family since 1825, and 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 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, beautiful building sites, 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. The listing price is a guide only.