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Equestrian Estate with Private Airstrip
For Sale
$5,250,000

3431 Morgantown Road, Franklin, KY 42134

Lots and Land, Franklin, KY

Property Size2,840 SF
Lot Size156.50 Acres
Price / SF$1,848
Days on Market347

Property Features for 3431 Morgantown Road

General Information

Property type Land
Property subtype Other
Fencing Fenced
Lot features Farm Area, Horse Facilities, Mature Trees, Out of City Limits, Recreation Area, County, Highway Frontage
Elementary school Franklin Simpson
Middle school Franklin Simpson
High school Franklin Simpson
Directions 31W to Morgantown Rd. approximately 3 1/2 miles on the Left.
Subdivision Simpson County
Standard status Active
Lot size 156.50 Acres

Building Details

Additional Structures Stable(s)
Listing Agency: United Country, Heartland Realty & Auction, LLC
Listed By: Jeff Britt · License #205170
Added: Sep 22, 2025 Changed: Sep 2 Last Checked: Sep 3 at 2:06PM
MLS# RA20255515

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. 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 156.5-acre equestrian property in Franklin, Kentucky, combines horse facilities, agricultural acreage, aviation improvements, and a residential component. The equestrian setup includes an 18-stall barn with tack room and loft, six paddocks with shelters and automatic waterers, a turf riding track extending over half a mile, and 17 acres of hay fields. Fenced and cross-fenced pastures support the property’s agricultural layout.

A 3,400-foot private landing strip is paired with an 80 X 100 hangar equipped with a power lift door. Additional improvements include multiple barns, a workshop, a tool shed, and a 2,840 sq ft brick home with an in-ground pool and pool house. The property is located near Kentucky Downs and approximately 45 minutes north of Nashville, TN. Division is available, subject to a survey.

Key Highlights

  • 156.5‑acre equestrian property in Franklin, Kentucky
  • 18‑stall barn with tack room and loft
  • Six paddocks with shelters and automatic waterers

Property Analytics

Current Use

Aviation real estate

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 42134, KY

18,881
Population
8,138
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
89%
High-School Grad
212.7 sq mi
ZIP Area
89
Density / Sq Mi
$55,347
Median Household Income
$36,557
Median Earnings
$1,002
Median Rent
$193,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Horse-focused acreage includes a private airstrip, riding facilities, paddocks, and a brick residence.
Where is this horse & equestrian property located?
The property is located at 3431 Morgantown Road Franklin, KY.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 156.5‑acre equestrian property in Franklin, Kentucky; 18‑stall barn with tack room and loft; Six paddocks with shelters and automatic waterers
More about this property
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