1749 Russell Cave Road, Lexington, KY 40505

$250,000
Property Type: Land Lot Size (sq. ft.): 60,984 Status: Active
Current Price: $250,000 List Date: 6/29/2026 Last Modified: 6/29/2026

Overview

Description

Stone Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic property offers an excellent opportunity to meet Lexington's growing demand for housing bieng Zoned R-1E with utilities available. According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need. Please call Travis Rose at 859-806-1591 or Email travis.rose@svn.com for more inform ...

Listing Details MLS# 26015331

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2026-06-29

Address

County
Fayette
Street Number
1749
Street Name
Russell Cave
Street Suffix
Road
State
KY
Zip Code
40505
Zip +4
1600
Directions
Turn left onto Burgess Avenue off Russell Cave Road Northbound, then right on McCullough Drive to end to reach property.
Parcel Number
24253200

Contract

Original List Price
250000
Start Showing Date
2026-06-29
Listing Contract Date
2026-05-21
Listing Agreement
Exclusive Right To Sell
Owner Name
Vacant Land
Office Exclusive YN
No
List Price/Acre
178571.43
List Price/SqFt
4.1

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Kenawood

Lot

Number Of Lots
3
Lot Size Acres
1.4
Lot Size Square Feet
60984
Lot Size Dimensions
7 lots that are 40 feet wide each
Conservation Easement YN
No
Elevation
998.8
Elevation Units
Feet

More Information

Remarks

Public Remarks
Stone Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic property offers an excellent opportunity to meet Lexington's growing demand for housing bieng Zoned R-1E with utilities available. According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need. Please call Travis Rose at 859-806-1591 or Email travis.rose@svn.com for more information or to see the property.

Property Details

Floodplain YN
No
Paved Street Available YN
Yes
Railroad Available YN
No
Railroad Spur Available YN
No
Sidewalk Available YN
Yes
Deed Restrictions YN
No
Easements YN
No
Improvements YN
No
Turn Lane YN
No

Showing Information

Showing Instructions
Call Travis Rose at 859-806-1591 or email travis.rose@svn.com.

Tax & Legal

Zoning
Other
Zoning Description
R-1E

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Special Listing Conditions

Standard
Yes

Current Use

Development
Yes

Possible Use

Residential
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Electricity Available; Sewer Available; Water Available; Electricity Available; Sewer Available; Water Available Current Use: Development Listing Terms: 1031 Exchange; Cash; Conventional Possible Use: Residential Special Listing Conditions: Standard Showing Requirements: Call Listing Agent
Listing Office: Stone Real Estate
Last Updated: June - 29 - 2026
Information deemed reliable but not guaranteed.