ABSOLUTE AUCTION! November 2, 2026 at 10:30a.m. The property to be sold to the highest Bidder! Inspections Oct. 11th, 18th, 25th, and Nov 1st from 1:00 to 3:00 or by appointment. Closing and possession within 35 days. Brokers protected. Marlendale Farm, under the ownership of the same family since 1825, and 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 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, beautiful building sites, 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. The listing price is a guide only.
Pending
Price cut: $2.5M (10/14)
$6,000,000
2680 Newtown Pike, Lexington, KY 40511
5beds
3,500sqft
Farm
Built in 1965
197.3 Acres Lot
$-- Zestimate®
$1,714/sqft
$-- HOA
What's special
Plank fencesPaved roadways
- 378 days
- 927
- 50
Zillow last checked:
Listing updated:
Listed by:
Tom Biederman 859-277-2030,
Biederman Real Estate
Source: Imagine MLS,MLS#: 25504784
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, Well
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: Rural
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $1,714/sqft
- Tax assessed value: $1,900,400
- Annual tax amount: $2,144
- Date on market: 9/23/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,060/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Pending sale | $6,000,000$1,714/sqft |
Source: | ||
| 10/14/2026 | Price change | $6,000,000-29.4%$1,714/sqft |
Source: | ||
| 5/6/2026 | Price change | $8,500,000-14.1%$2,429/sqft |
Source: | ||
| 2/25/2026 | Price change | $9,900,000-10%$2,829/sqft |
Source: | ||
| 10/27/2025 | Listed for sale | $11,000,000$3,143/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,144 | $1,900,400 |
| 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





