407 Country Lane, Frankfort, KY 40601

$6,250,000
Property Type: Land Lot Size (sq. ft.): 4,160,416 Status: Contingent
Current Price: $6,250,000 List Date: 9/08/2025 Last Modified: 5/04/2026

Overview

Description

Glenary Farm has been a longtime institution in the horse industry in Central Kentucky with success that has transcended decades and generations. Having been under the management of the May/Patterson/Plattner family for 80 years. This farm creates a great opportunity for residential development surrounded on all sides by established neighborhoods including the Tw0 Creeks and Silver Lake neighborhoods. The existing equine infrastructure would allow the buyer to generate short-term income while they develop and initiate their long-term development plan. The main house, built in 1912, boasts its Mediterranean architecture style, through its tastefully chosen color pallet and design choices, has a sense of belonging more than any other home of this style we have seen in the area. Also included in price: Lot in Silver Lake Subdivision. Location: Silver Lake 3N BLK F lot, 36A

Listing Details MLS# 25500711

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2026-05-04
Purchase Contract Date
2026-05-04

Address

County
Franklin
Street Number
407
Street Name
Country
Street Suffix
Lane
State
KY
Zip Code
40601
Directions
Take I-75/64 North from Lexington to I-64 West to route 60 (North) to the stoplight at Country Lane. Follow Country Lane to the guard house at Tw0 Creeks. Once through the guard house veer left (Glenary Farm sign), no gate.
Parcel Number
085-00-00-014.01;085-00-00-014.00;085-00-00-012.01

Contract

Original List Price
6250000
Start Showing Date
2025-10-09
Listing Contract Date
2025-09-04
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
65438.17
List Price/SqFt
1.5

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Two Creeks

Lot

Lot Size Acres
95.51
Lot Size Square Feet
4160415.6
Road Frontage Feet
30
Conservation Easement YN
No
Elevation Units
Feet

More Information

Remarks

Public Remarks
Glenary Farm has been a longtime institution in the horse industry in Central Kentucky with success that has transcended decades and generations. Having been under the management of the May/Patterson/Plattner family for 80 years. This farm creates a great opportunity for residential development surrounded on all sides by established neighborhoods including the Tw0 Creeks and Silver Lake neighborhoods. The existing equine infrastructure would allow the buyer to generate short-term income while they develop and initiate their long-term development plan. The main house, built in 1912, boasts its Mediterranean architecture style, through its tastefully chosen color pallet and design choices, has a sense of belonging more than any other home of this style we have seen in the area. Also included in price: Lot in Silver Lake Subdivision. Location: Silver Lake 3N BLK F lot, 36A

Property Details

Electricity Phase
Three Phase
Electricity Voltage
13000762
Floodplain YN
No
Gas Pipe Size
2
Water Pipe Size
26
Deed Restrictions YN
No
Easements YN
No
Improvements YN
Yes

Showing Information

Showing Instructions
Call Listing Agents (Allen Kershaw 859.333.2901, Bo Goodman 859.509.0582, Bill Justice859.255.3657)

Tax & Legal

Additional Parcels YN
Yes
Zoning
AR
Zoning Description
PR, RA

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Water Connected
Yes

Lot Features

Gentle Sloping
Yes
Wooded
Yes

Current Use

Agricultural
Yes
Horses
Yes
Pasture
Yes

Disclosures

Sinkhole
Yes

Possible Use

Agricultural
Yes
Commercial
Yes
Horses
Yes
Residential
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Water Connected Current Use: Agricultural; Horses; Pasture Disclosures: Sinkhole Lot Features: Gentle Sloping; Wooded Possible Use: Agricultural; Commercial; Horses; Residential Showing Requirements: Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; No Sign
Listing Office: Justice Real Estate
Last Updated: May - 04 - 2026
Information deemed reliable but not guaranteed.