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274-Acre Residential Development Opportunity
For Sale
$14,100,000

2395 Paris Road, Winchester, KY 40391

Land, Winchester, KY

Property SizeContact for details
Lot Size274.52 Acres
Days on Market102

Property Features for 2395 Paris Road

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Plantations
Directions I-64 to Exit 96. Take 627 to Royal Oaks II, Turn on Plantations and take to circle.
Standard status Active
APN 0052-0000-006-00
Lot size 274.52 Acres

Utilities

Utilities Water Available
Listing Agency: MELIA Realty LLC
Listed By: Melia Realty Group - Melia Hord
Added: May 20 Changed: Aug 20 Last Checked: Aug 29 at 1:06AM
MLS# 26011485

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.

Deerlawn Development, a 274.52-acre residential development in Winchester, Kentucky, is now pre-selling. Formerly known as the Royal Oaks/Plantation neighborhoods, this master-planned community is located at 2395 Paris Road, off I-64 at Exit 96, across from the expanding Industrial Park. The development plan includes 438 single-family homes, with additional acreage available for 8 duplexes and 48 townhomes. Phase One is currently under construction, with 13 buildable lots expected to be completed by November 2025. An approved development plan is in place with Clark County, and additional phases with more buildable lots will continuously follow. Deerlawn is located within 20 miles of Lexington's Hamburg area, placing it in the center of Clark County's growth corridor. With $100 million in infrastructure improvements completed and the EPA Consent Decree lifted in 2024, the development is positioned for accelerated residential and economic expansion, meeting the region's demand for quality and attainable housing.

Key Highlights

  • Master‑planned community with 438 single‑family homes, duplexes, and townhomes.
  • Located in Winchester, KY's growth corridor, 20 miles from Lexington's Hamburg area.
  • Positioned off I‑64 at Exit 96, near the Industrial Park.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Electrical Service Big Box & Wholesale Store Auto Parts Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Master-planned community with single-family, duplex, and townhome lots for sale.
Where is this residential land & home lot located?
The property is located at 2395 Paris Road Winchester, KY.
What is the asking price?
The asking price for this property is $14,100,000.
What are key features of this property?
This property features: Master‑planned community with 438 single‑family homes, duplexes, and townhomes.; Located in Winchester, KY's growth corridor, 20 miles from Lexington's Hamburg area.; Positioned off I‑64 at Exit 96, near the Industrial Park.
More about this property
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