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Equestrian Land with Landing Strip
For Sale
$5,250,000

3431 Morgantown Road, Franklin, KY 42134

LAND - Franklin, KY

Property Size2,840 SF
Lot Size156.50 Acres
Price / SF$1,848
Days on Market338

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: Jul 8 Last Checked: Aug 25 at 8:06PM
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 offering is a 156.5-acre equestrian estate designed around horse facilities and country living. Improvements include an 18-stall barn with a tack room and loft, six paddocks with shelters and automatic waterers, and more than half a mile of turf riding track. The property also includes 17 acres of hay fields within the track. For aviation use, there is a 3,400-foot private landing strip and an 80-by-100 hanger with a power lift door. The home is a 2,840-square-foot brick residence, and outdoor amenities include an in-ground pool with a pool house, along with multiple barns, a workshop, and a tool shed. Pastures are fenced and cross-fenced to support land management.

The property is located at 3431 Morgantown Road in Franklin, Kentucky, in Simpson County. Public remarks note proximity to Kentucky Downs and access roughly 45 minutes north of Nashville, Tennessee. Entry is via a gated drive. The listing also indicates the property may be divided and that a survey is required.

For buyers seeking a turnkey estate with established equestrian infrastructure, the combination of stall capacity, paddock design, and turf riding track offers a practical operating setup. The presence of the private landing strip and hanger also supports aircraft-related use alongside day-to-day farm and horse activities.

Key Highlights

  • Premier 156‑acre equestrian estate with gated drive, featuring a 2,840 sq ft brick home
  • 18‑stall barn with tack room and loft, plus multiple bams, a workshop, and a tool shed
  • Six paddocks with shelters and automatic waterers for daily horse care and turnout

Property Analytics

Current Use

Horse & equestrian properties

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 - 156-acre equestrian estate with multiple paddocks, turf riding track, and a private landing strip with aviation hanger.
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: Premier 156‑acre equestrian estate with gated drive, featuring a 2,840 sq ft brick home; 18‑stall barn with tack room and loft, plus multiple bams, a workshop, and a tool shed; Six paddocks with shelters and automatic waterers for daily horse care and turnout
More about this property
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