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Gated Acreage in Magnolia Farms
For Sale
$140,000

4309 Lexington Road lot 19, Lancaster, KY 40444

Land, Lancaster, KY

Property SizeContact for details
Lot Size1.82 Acres
Days on Market164

Property Features for 4309 Lexington Road lot 19

General Information

Property type Land
Property subtype Other
Zoning AR
Zoning description Agriculture Residential - 1 Acre Lot Min
Subdivision Magnolia Farms
Directions Property is on west side of Lexington Road, on north side of Garrard County.
Standard status Active
APN 021-00-00-037.00 Lot 19
Lot size 1.82 Acres

Utilities

Utilities Water Available
Listing Agency: The Brokerage
Listed By: Jennifer Mooney
Added: May 16 Changed: Sep 12 Last Checked: Oct 26 at 5:06PM
MLS# 26012376

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.

Rey
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Investment Insights

Based on property information with market context.

Located in Garrard County, Kentucky, this 1.818-acre lot is part of Magnolia Farms, a gated luxury community. The property offers the opportunity to build a custom home in a countryside setting. The location provides a balance of rural tranquility and convenience, being approximately 35 minutes from Lexington. This build-to-suit lot allows for creative freedom in designing a home. Water and electric utilities are available at the property line. Owners are responsible for installing their own septic system and propane tank, if desired. Outbuildings and accessory buildings are permitted on the property. The gated entrance provides an exclusive sense of community while maintaining spaciousness between neighbors. The property is zoned AR.

Key Highlights

  • Acre+ lot in Magnolia Farms, a gated luxury community.
  • Build‑to‑suit lot offering complete creative freedom with a preferred builder option.
  • Water and electric utilities are already available at the property line.

Property Analytics

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Suggested Use

Top Pick Garden 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

3
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Acreage in gated community, build your dream home.
Where is this residential land & home lot located?
The property is located at 4309 Lexington Road lot 19 Lancaster, KY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Acre+ lot in Magnolia Farms, a gated luxury community.; Build‑to‑suit lot offering complete creative freedom with a preferred builder option.; Water and electric utilities are already available at the property line.
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