000 Foster Lane, Stanford, KY 40484

$600,000
Property Type: Farm Lot Size (sq. ft.): 2,099,679 Status: Closed
Current Price: $600,000 List Date: 11/03/2024 Last Modified: 2/27/2026

Overview

Description

This property only needs someone to finish it's dream. The dream is for a gated 55+ community. See purposed plat for more information. Lots 1, 75, 77 and 78 are commercial. Lots 2-16 and 58-74 are multifamily and duplex lots. Many lots are residential. Parcel A is a 5.453 acres for commercial storage and or multifamily housing. Parcel B is 1.943 acres commercial storage and or multifamily housing. Check purposed plat for utilities that have already been installed: gas, electric and sewer. Lot 79 is not included in this sell.

Listing Details MLS# 22021789

Listing Information

Comp Sale YN
No
Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2026-02-27
Purchase Contract Date
2025-07-09
Close Date
2026-02-27
Close Price
600000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Lincoln
Street Number
000
Street Name
Foster Lane
State
KY
Zip Code
40484

Contract

Original List Price
839000
Start Showing Date
2022-09-30
Listing Contract Date
2022-09-30
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
17406.64
Sold Price/Acre
12448.13
SP/LP
0.72

Tax Legal

MLS Area Major
024 - Lincoln County
Subdivision Name
Fosters Ln

Lot

Lot Size Source
Public Records
Lot Size Acres
48.202
Lot Size Square Feet
2099679
Lot Size Dimensions
1271.12', 1261.76' 1238.88', 1019.32'
Conservation Easement YN
Yes
View YN
Yes

More Information

Remarks

Public Remarks
This property only needs someone to finish it's dream. The dream is for a gated 55+ community. See purposed plat for more information. Lots 1, 75, 77 and 78 are commercial. Lots 2-16 and 58-74 are multifamily and duplex lots. Many lots are residential. Parcel A is a 5.453 acres for commercial storage and or multifamily housing. Parcel B is 1.943 acres commercial storage and or multifamily housing. Check purposed plat for utilities that have already been installed: gas, electric and sewer. Lot 79 is not included in this sell.

Land Details

Farm With House YN
No

Tax & Legal

Middle Or Junior School
Lincoln Co
High School
Lincoln Co
Tax Rate
1.4219
Zoning
R-1A
Directions
From Danville ave turn onto Foster Lane Property on the right

Interior

Living Area
0
Above Grade Finished Area
0

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Water Available
Yes

Lot Features

Level
Yes

Sewer

Public Sewer
Yes

View

Farm
Yes

Water Source

Public
Yes

Current Use

Agricultural
Yes

Possible Use

Agricultural
Yes
Cattle
Yes
Horses
Yes
Industrial
Yes
Pasture
Yes
Recreational
Yes
Residential
Yes

Possession Farm Land

Negotiable
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Documents

Aerial Photo
Yes
Subdivision Plat
Yes
Survey
Yes
Other
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Water Available; Electricity Available; Natural Gas Available; Water Available Current Use: Agricultural Lot Features: Level Possession Farm Land: Negotiable Possession Main House: Close Of Escrow Possible Use: Agricultural; Cattle; Horses; Industrial; Pasture; Recreational; Residential Sewer: Public Sewer View: Farm Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Documents: Aerial Photo; Subdivision Plat; Survey; Other
Listing Office: Lincoln Realty & Auction Company
Last Updated: February - 27 - 2026
Information deemed reliable but not guaranteed.