Listing Agency: LPT Realty Show Phone

Listed By: Vanessa Vale Team - Vanessa Vale Womack · License #267167 Show Phone

Added: Jan 15 Changed: Sep 7 Last Checked: Sep 9 at 1:06AM

Report an Issue

MLS# 26001093

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential land, identified as lot 55 on the plat, is located in Lancaster, Kentucky, and offers a walk-out basement and lake views overlooking Herrington Marina. The property spans 1.097 acres and is zoned R-1. It is located within 30 minutes of Lexington. The property has limited restrictions attached. A drain on the front of the property can be diverted during construction.

Key Highlights

• Lake lot with walk‑out basement potential.
• Overlooks Herrington Marina.
• Golf cart access to the lake.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Real Estate Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 40444, KY

14,075

Population

6,096

Households

2.3

Avg Household Size

44

Median Age

19%

College-Educated

88%

High-School Grad

159.5 sq mi

ZIP Area

88

Density / Sq Mi

$62,324

Median Household Income

$40,473

Median Earnings

$785

Median Rent

$194,100

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flex Space with Drive-Through Access

4 Southern Soul Way, Lancaster, KY 40444

$535,000

5,000 SF

View details

Flex Facility With Drive-Through

4 Southern Soul Way, Lancaster, KY 40444

$535,000

5,000 SF

View details

Steel Mixed-Use Property with Shop

40 N Ridge Road, Lancaster, KY 40444

$549,900

1,802 SF

View details

Historic Two-Story Commercial Building

35 Public Square, Lancaster, KY 40444

$224,900

4,968 SF

View details

Two-Story Storefront Building

35 Public Sq, Lancaster, KY 40444

$224,900

4,968 SF

View details

Farm with Barn and Residence

1108 Old Railroad Grade Rd, Lancaster, KY 40444

$569,500

1,904 SF

View details

Wedding Venue with Pond

54 Burdette Knob Road, Lancaster, KY 40444

$569,000

1,680 SF

View details

Horse Farm with 56x70 Barn

173 Brewer Way, Lancaster, KY 40444

$799,900

81.50 Acres

View details

Well-Maintained Quadplex Investment

201 Danville Street, Lancaster, KY 40444

$450,000

3,400 SF

View details

Brick Church Building with Basement

65 Highland Avenue, Lancaster, KY 40444

$99,900

7,000 SF

View details

Updated Quadplex with Paved Parking

201 Danville St, Lancaster, KY 40444

$450,000

3,400 SF

View details

Multi-Building Industrial Property

5374 Lexington Road, Lancaster, KY 40444

$589,900

7,800 SF

View details

Frequently Asked Questions

What type of property is this?

Land - Residential land with lake views and marina access near Lexington.

Where is this land located?

The property is located at 1 S Homestead Lane Lancaster, KY.

What is the asking price?

The asking price for this property is $115,000.

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.