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Agricultural Land with Home for Sale in Lancaster, Kentucky

Garrard County, Lancaster, KY 40444

$725,000
27.3 acres
Active
ago
Est $4,036/mo

TWO Homes on 27 Acres! Multi-Generational Living, Airbnb Income Potential & Homesteading Ready! Rare opportunity to own 27 acres with TWO fully renovated homes, perfect for multi-generational families, investors, homesteaders, or anyone seeking rental or Airbnb income. The main home is a beautifully updated 1,350 sq. ft. all-brick ranch on a full basement, featuring luxury vinyl plank flooring, an upgraded kitchen with stainless steel appliances, and modern tiled bathrooms. The second home, a 1,554 sq. ft. Barndominium, offers an airy open layout with premium countertops, soft-close cabinetry, abundant storage, and a 30x37 attached garage/shop-ideal for hobbies, vehicles, or additional workspace. Together the homes offer 5 bedrooms, 4 full bathrooms, 2 kitchens, and 2 laundry rooms, providing endless options for multi-family living, long-term rentals, short-term rentals, or dual-residence income. The land is set up for homesteading and farm potential, featuring a 40x30 metal shop, 45x45 barn, two natural springs, and extensive fencing that's perfect for cattle, horses, or small livestock. With 27 acres of usable land, this property offers privacy, recreation, and room to grow. Whether you're dreaming of a family compound, an income-producing Airbnb property, or your own Kentucky homestead, this one checks every box. Properties with this combination of land, updates, and versatility rarely come available!

2,934
Sq feet
5
Beds
4
Full baths
1973
Built

Location

School district
Garrard County - 23
Elevation
997 feet
Coordinates
37.6121, -84.5535

Directions

Head northwest on W Main St toward S 3rd St 0.1 mi Turn left onto KY-52 W/Lancaster Ave 6.3 mi Turn right onto State Hwy 1295 11.5 mi Turn right onto KY-52 W 1.5 mi Turn right onto Richmond Rd Loop 1 Destination will be on the right

Property details

Acreage
27.3 acres
MLS #
LBAR 25507467
Posted

Parcels

  • 34A04018
  • 3539.01

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Driveway, Garage
Structures
Guest House

Structure

Style
Ranch
Stories
1
Basement
Concrete, Sump Pump, Unfinished
Water
Public
Sewer
Septic Tank
Heating
Electric, Heat Pump, Radiant
Cooling
Attic Fan, Central Air, Exhaust Fan
Materials
Brick Veneer, Metal Siding
Roof
Metal
Windows
Insulated Windows

Interior

Room Count
15
Rooms
Basement, Bathroom x 4, Bedroom x 5, Laundry Room, Living Room
Flooring
Tile, Vinyl
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator
Features
Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Soaking Tub, Walk-In Closet(s)

Nearby schools

NameLevelDistrictDescription
LancasterElementaryGarrard County - 23
Garrard CoMiddleGarrard County - 23
Garrard CoHighGarrard County - 23

Listing history

DateEventPriceChangeSource
Dec 5, 2025New listing$725,000LBAR
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This 27.3-acre property is located in Lancaster, KY 40444. The property is available for sale for $725,000. It has a 2,934 sq ft 5 bedroom, 4 bath house built in 1973.

Checked 23 mins ago — Updated

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