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733 Richmond Rd Loop 1

Lancaster, KY 40444
  • $725,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 25507527
UPDATED: 41 min ago
$725,000
  • 5
    BEDS
  • 27.3
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,934
    SQFT
  • $247
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

TWO Homes on 27 Acres! Multi-Generational Living, Airbnb Income Potential & Homesteading Ready! Rare opportunity to own 27 acres with TWO fully renovated homes, perfect for multi-generational families, investors, homesteaders, or anyone seeking rental or Airbnb income. The main home is a beautifully updated 1,350 sq. ft. all-brick ranch on a full basement, featuring luxury vinyl plank flooring, an upgraded kitchen with stainless steel appliances, and modern tiled bathrooms. The second home, a 1,554 sq. ft. Barndominium, offers an airy open layout with premium countertops, soft-close cabinetry, abundant storage, and a 30x37 attached garage/shop ideal for hobbies, vehicles, or additional workspace. Together the homes offer 5 bedrooms, 4 full bathrooms, 2 kitchens, and 2 laundry rooms, providing endless options for multi-family living, long-term rentals, short-term rentals, or dual-residence income. The land is set up for homesteading and farm potential, featuring a 40x30 metal shop, 45x45 barn, two natural springs, and extensive fencing that's perfect for cattle, horses, or small livestock. With 27 acres of usable land, this property offers privacy, recreation, and room to grow. Whether you're dreaming of a family compound, an income-producing Airbnb property, or your own Kentucky homestead, this one checks every box. Properties with this combination of land, updates, and versatility rarely come available!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/171194876
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733 Richmond Rd Loop 1 Lancaster, KY 40444

  • Price: $725,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 41 min ago
  • MLS #: 25507527
5
Beds
4
Baths
0
½ Baths
27.3
Acres
2,934
SQFT
$247
$/SQFT
1973
Built
Neighborhood:
Rural
County:
Garrard
Area:
Garrard County
Elementary School:
Lancaster
Middle School:
Garrard Co
High School:
Garrard Co
School District:
Garrard County
Property Description
TWO Homes on 27 Acres! Multi-Generational Living, Airbnb Income Potential & Homesteading Ready! Rare opportunity to own 27 acres with TWO fully renovated homes, perfect for multi-generational families, investors, homesteaders, or anyone seeking rental or Airbnb income. The main home is a beautifully updated 1,350 sq. ft. all-brick ranch on a full basement, featuring luxury vinyl plank flooring, an upgraded kitchen with stainless steel appliances, and modern tiled bathrooms. The second home, a 1,554 sq. ft. Barndominium, offers an airy open layout with premium countertops, soft-close cabinetry, abundant storage, and a 30x37 attached garage/shop ideal for hobbies, vehicles, or additional workspace. Together the homes offer 5 bedrooms, 4 full bathrooms, 2 kitchens, and 2 laundry rooms, providing endless options for multi-family living, long-term rentals, short-term rentals, or dual-residence income. The land is set up for homesteading and farm potential, featuring a 40x30 metal shop, 45x45 barn, two natural springs, and extensive fencing that's perfect for cattle, horses, or small livestock. With 27 acres of usable land, this property offers privacy, recreation, and room to grow. Whether you're dreaming of a family compound, an income-producing Airbnb property, or your own Kentucky homestead, this one checks every box. Properties with this combination of land, updates, and versatility rarely come available!
Exterior Features

Architectural Style BarndominiumRanch Pool Features []

Interior Features

Above Grade Finished Area 2934 Basement YN Yes Below Grade Finished Area 0 Building Area Total 2934 Cooling Attic FanCentral AirElectricExhaust FanHeat Pump Cooling YN Yes Fireplace YN Yes Flooring TileLuxury Vinyl Heating ElectricHeat PumpRadiant Heating YN Yes Interior Features Breakfast BarEntrance FoyerEat-in KitchenWalk-In Closet(s)Ceiling Fan(s) Levels One Room Types Primary Bedroom Rooms Total 2

Property Features

Current Use AgriculturalCattlePastureResidential Farm With House YN Yes Fencing OtherWoodWire Garage YN Yes Horse Amenities Hay StoragePastureSee Remarks Housing GuestMainOther Lot Features [] Other Structures Barn(s)Guest HouseShed(s)Workshop Possible Use AgriculturalCattleHorsesOtherPastureRecreationalResidential Property Sub Type Farm Security Features [] Sewer Septic Tank Structure Type House Utilities Electricity ConnectedSewer ConnectedWater Connected View RuralFarm View YN Yes Water Source Public

Bluegrass REALTORS® logo Listing provided courtesy of Allyson Barnes of Haven Homes Group: 859-444-0180 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502