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For sale
  • Price cut: $1.4M (5/6)
    $8,500,000

    2680 Newtown Pike, Lexington, KY 40511

    5beds
    3,500sqft
    : 
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    Farm
    Built in 1965
    197.3 Acres Lot
    $-- Zestimate®
    $2,429/sqft
    $-- HOA

    What's special

    Plank fencesPaved roadways
    Significant Price Reduction! Marlendale Farm, under the ownership of the same family since 1825, andd available for purchase for the first time! The farm consists of over 197 acres in two tracts in one the most sought after locations in Lexington, Ky, adjacent to Fasig-Tipton Co., 3 miles to the Ky Horse Park, 1/2 mile to I-75, 1 mile to the Marriott Griffin Gate Resort. The property has been a successful Horse farm for decades, with amenities that include; 32 stalls in 3 barns, a 3500 sqft brick residence, 2 employee residences, plank fences, paved roadways, and city water throughout all fields and paddocks. Other property amenities include a 10 bent tobacco/hay barn, nearly 50 acres of undisturbed pasture land on the east side, and importantly, an owned access lane to Iron Works Pike. The brick residence, built in 1965 is erected around and part of the original log cabin of the original owners of the property and is suitably charming. The residence encompasses 5 bedrooms 3 full baths, living room, dining room, along with an apartment over the 2 car garage. Marlendale Farm presents a generational opportunity to purchase 197 acres of great land in a truly spectacular location. Private, confidential showings available.
    267 days
    |
    761
    |
    19
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Biederman 859-277-2030,

    Biederman Real Estate

    Source: Imagine MLS,MLS#: 25504784MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Geothermal, Solar
      Cooling
      • Central Air, Geothermal
      Features
      • Breakfast Bar, Eat-in Kitchen
      • Flooring: Carpet, Ceramic Tile, Hardwood, Parquet
      • Has basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft
      • Finished area above ground: 3,500
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: One and One Half
      • Fencing: Plank,Wire
      • Has view: Yes
      • View description: Rural, Trees/Woods, Farm
      Lot
      • Size: 197.3 Acres
      • Features: Level, Gentle Sloping
      • Topography: Gentle Sloping, Level
      Details
      • Additional structures: Barn(s), Shed(s)
      • Parcel number: 21133000, 21518300
      • Zoning description: Agriculture
      • Horse amenities: Barn, Hay Storage, Paddocks, Pasture

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Farm
      Condition
      • Year built: 1965

      Utilities & green energy

      • Water: Public, Spring
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Rural
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $2,429/sqft
      • Tax assessed value: $1,900,400
      • Annual tax amount: $2,144
      • Date on market: 10/27/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,963/mo

        Price history

        DateEventPrice
        5/6/2026Price change$8,500,000-14.1%$2,429/sqft
        Source: Imagine MLS #25504784 Report a problem
        2/25/2026Price change$9,900,000-10%$2,829/sqft
        Source: Imagine MLS #25504784 Report a problem
        10/27/2025Listed for sale$11,000,000$3,143/sqft
        Source: Imagine MLS #25504784 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,144 $1,900,400
        2023$2,144 +51.1%$1,900,400 +2.9%
        2022$1,419 $1,847,500
        2021$1,419 $1,847,500
        2020$1,419 $1,847,500
        2019$1,419 $1,847,500
        2018$1,419 +5.7%$1,847,500 +1337.7%
        2017$1,342 +25%$128,500 +13.2%
        2015$1,073 $113,500
        2014$1,073 $113,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40511

        Getting around

        5 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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