000 Foster Lane, Stanford, KY 40484 (MLS# 22021789)

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.