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Kentucky Horse Farm Development Opportunity
For Sale
$6,250,000
Pending

407 Country Lane, Frankfort, KY 40601

LAND - Frankfort, KY

Property SizeContact for details
Lot Size95.51 Acres
Days on Market354

Property Features for 407 Country Lane

General Information

Property type Land
Property subtype Other
Zoning AR
Zoning description PR, RA
Subdivision Two Creeks
Lot features Wooded, Gentle Sloping
Directions Take I-75/64 North from Lexington to I-64 West to route 60 (North) to the stoplight at Country Lane. Follow Country Lane to the guard house at Tw0 Creeks. Once through the guard house veer left (Glenary Farm sign), no gate.
Standard status Pending
APN 085-00-00-014.01;085-00-00-014.00;085-00-00-012.01
Lot size 95.51 Acres
Listing Agency: Justice Real Estate
Listed By: Bill Justice
Added: Sep 4, 2025 Changed: May 4 Last Checked: Aug 23 at 3:06AM
MLS# 25500711

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.

Glenary Farm, a longstanding institution in the Central Kentucky horse industry, presents a development opportunity. Managed by the May/Patterson/Plattner family for 80 years, the 95.51-acre farm is surrounded by established neighborhoods, including Two Creeks and Silver Lake. The existing equine infrastructure allows for short-term income generation while a long-term development plan is initiated. The main house, built in 1912, features Mediterranean architecture with a tasteful color palette and design. Also included is a lot in the Silver Lake Subdivision, specifically Silver Lake 3N BLK F lot, 36A. The property is zoned AR.

Key Highlights

  • Prime location surrounded by established neighborhoods ideal for residential development.
  • Opportunity for short‑term income generation from existing equine infrastructure.
  • Includes an additional lot in Silver Lake Subdivision.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Restaurant Spa & Massage Center

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

110
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - 95+ acre farm suitable for residential development and equine activities.
Where is this horse & equestrian property located?
The property is located at 407 Country Lane Frankfort, KY.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Prime location surrounded by established neighborhoods ideal for residential development.; Opportunity for short‑term income generation from existing equine infrastructure.; Includes an additional lot in Silver Lake Subdivision.
More about this property
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