Description
Rare opportunity to purchase a large multi-family development in the heart of Winchester! Directly across the street from Legacy Grove Park with Lexington Avenue frontage. All building and engineering plans available to build 66 approved townhomes with the possibility of adding 4 more. Currently zoned PD (Planned Development), could possibly be changed to commercial due to neighboring commercial property. Main property is 4.87 acres. Two other parcels will also be included, 220 and 231 (retention pond) Fairfield Way. No current infrastructure but some sewer materials already purchased. Seller would consider subdividing the large parcel to sell only the Lexington Ave side. The property can be accessed from Fairfield Way off of the new Fulton Rd extension. Please do not enter property without an appointment! Do not disturb tenants on Fairfield Way!
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0BEDS
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4.87ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare opportunity to purchase a large multi-family development in the heart of Winchester! Directly across the street from Legacy Grove Park with Lexington Avenue frontage. All building and engineering plans available to build 66 approved townhomes with the possibility of adding 4 more. Currently zoned PD (Planned Development), could possibly be changed to commercial due to neighboring commercial property. Main property is 4.87 acres. Two other parcels will also be included, 220 and 231 (retention pond) Fairfield Way. No current infrastructure but some sewer materials already purchased. Seller would consider subdividing the large parcel to sell only the Lexington Ave side. The property can be accessed from Fairfield Way off of the new Fulton Rd extension. Please do not enter property without an appointment! Do not disturb tenants on Fairfield Way!
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Listing provided courtesy of Jason Townsend of Kentucky Residential Real Estate, LLC: 859-229-5974 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.