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    1 S Homestead Ln Lancaster, KY 40444

    For Sale
    $120,000

    LAND - Lancaster, KY

    Lot size:
    1.10 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 1 S Homestead Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.10 Acres

    LPT Realty (877) 366-2213

    Listing agent Vanessa Vale Team - Vanessa Vale Womack (859) 806-8253

    Listing date Nov 18, 2025

    MLS# 25005875 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Lot Near Herrington Marina

    This residential land, comprising 1.097 acres, is located in Lancaster, KY. The lot overlooks Herrington Marina and is suitable for constructing a home with a walk-out basement. It is located within 30 minutes of Lexington. A drain on the front of the property can be diverted during construction. The property is identified as lot 55 on the plat.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Garrard
    State
    Kentucky
    Longitude
    -84.699373
    Latitude
    37.718727

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land with lake view, near Herrington Marina.
    Where is this residential land & home lot located?
    The property is located at 1 S Homestead Ln Lancaster, KY.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Lake lot with walk-out basement potential.; - Overlooks Herrington Marina.; - Golf cart access to the lake.
    (859) 806-8253
    Request Owner's contact information
    1 S Homestead Ln Lancaster, KY 40444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 S Homestead Ln Lancaster, KY 40444
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