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Land with Home for Sale in Shelbyville, Kentucky

502 Locust Ln, Shelbyville, KY 40065

$1,900,000
93.6 acres
Active
$320k drop
Est $10,576/mo

A Rare Offering in the Heart of Shelby County, Kentucky. This extraordinary estate redefines the meaning of ''My Old Kentucky Home.'' Nestled on approximately 93 rolling acres of picturesque countryside, this meticulously maintained property is a showcase of timeless elegance, thoughtful stewardship, and limitless possibility. The stately four-bedroom, five-bath residence, originally constructed in 1900, has been lovingly preserved and enhanced to meet modern expectations without compromising its historic charm. Each of the four spacious bedrooms features its own private en suite bath, including a serene primary suite located on the main floor. The heart of the home is a sunlit kitchen, equipped with quality appliances and open to both the dining area and a comfortable family room-each space offering sweeping views of the manicured grounds. An elegant formal living room centers around a wood-burning brick fireplace with an original, handcrafted mantle. Throughout the home, you will find rich hardwood floors, an open staircase, and exquisite architectural details that speak to the home's provenance.. The partially finished lower level includes a full bath and flexible space, ideal for a private office, recreation room, or guest retreat. Outdoor living is elevated with a welcoming front porch that overlooks a breathtaking 3-4 acre stocked lake with a private pier-an ideal setting for quiet reflection or unforgettable gatherings. The land itself is nothing short of exceptional. Creeks meander through mature shade trees and gently contoured fields. Currently used for crops and pasture, the property includes a heated, concrete-floored workshop with rear equipment storage, a separate barn ready for livestock, and two expansive open storage structures. Automatic watering systems service the fenced pastures, offering a turnkey opportunity for farming or equestrian pursuits. Whether you envision a working farm, an elite horse property, or a legacy estate, this offering presents a rare and valuable opportunity in the heart of Shelby County - the Saddlebred Capital of the World. A minor driveway relocation will be required per survey, but the path to ownership is otherwise as clear as the skies above this magnificent land. This is more than a home. It is a generational opportunity.

3,276
Sq feet
4
Beds
5
Full baths
1900
Built

Location

Street address
502 Locust Ln
School district
Shelby County - 30
Elevation
784 feet
Coordinates
38.2521, -85.2506

Directions

I-64 to exit 32. Take by-pass to left on Lagrange Rd then left on Locust Ln. Property is on the right.

Property details

Acreage
93.59 acres
MLS #
LBAR 25015957
Posted

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage

Structure

Stories
2
Basement
Partial
Water
Public
Sewer
Public Sewer
Heating
Electric, Heat Pump
Materials
Brick Veneer

Interior

Room Count
14
Rooms
Basement, Bathroom x 5, Bedroom x 4, Dining Room, Family Room
Flooring
Carpet, Hardwood

Nearby schools

NameLevelDistrictDescription
Painted StoneElementaryShelby County - 30
West MiddleMiddleShelby County - 30
Martha Layne CollinsHighShelby County - 30

Listing history

DateEventPriceChangeSource
Aug 21, 2025Price drop$1,900,000$320,000 -14.4%LBAR
July 22, 2025New listing$2,220,000LBAR
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This 93.59-acre property is located at 502 Locust Ln in Shelbyville, KY 40065. The property is available for sale for $1,900,000. It has a 3,276 sq ft 4 bedroom, 5 bath house built in 1900.

Checked 1 hour ago — Updated

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