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For sale
  • $800,000

    550 Foster Ln, Stanford, KY 40484

    3beds
    4,669sqft
    : 
    Single Family Residence
    Built in 1880
    54 Acres Lot
    $788,600 Zestimate®
    $171/sqft
    $-- HOA

    What's special

    Glass backsplashesFruit treesMobile chicken coopSpectacular tastefully renovated farmhouseSunrooms on each levelFormal parlorNewer prefab cabin
    Imagine yourself back in the late 1800's and pulling onto what was one of the largest plantations at that time in the area, in Lincoln County Kentucky! Located at 550 Fosters Lane in Stanford Kentucky is where you will find this one of a kind 54-acre farm for sale. There is 1 large barn that was originally a dairy barn, 1 equipment shed/building, 3 ponds, a 4 bay garage/shop building, a newer prefab cabin and a spectacular, tastefully renovated farmhouse. This true farmhouse was built in the late 1800's and recently been updated with all the modern conveniences you could ask for. Walking in the front door you are greeted with a large open foyer with the original staircase for the home. There are 3 Bedrooms, 2 ½ baths, an office, sunrooms on each level, a formal parlor, formal dining room, and den for watching TV. The kitchen and adjoining dining area have had no expense spared with granite countertops, glass back splashes, a large center island, gas cook top and double ovens. All the bathrooms have been totally renovated with double vanities, and tile showers. The master bath on the main level even has a claw foot tub! There is a master suite on the main level as well as upstairs. Off the upstairs master bath is a large sunroom perfect for an exercise room or reading/crafting or sewing projects. Adjoining that room is a nice sized deck with spiral staircase down to the main patio level. There are real hardwood floors throughout as well as ceramic tile in the laundry and mud room area. Many of the original features are in place and truly a site to see. From large custom baseboards and crown molding to ornate fireplaces that have had all the tile reworked, each room as something different and unique to offer. The ceilings in some of the rooms are very tall and even the oversized pocket doors separating the parlor and formal dining room are in great working order. The home has 2 gas heat pumps, one for each level and a gas on demand hot water heater. A few of the added rooms are served with mini split units. There is city water and septic in place. This gorgeous home in the country for sale, sits way off the road so you have tons of privacy and with porches on all sides you can sit and enjoy the deer and turkey that are residents as well. Enjoy both the sunrise and sunsets on this beautiful Kentucky farm. The back patio has had a custom-built outdoor kitchen added and place to entertain. There is a fireplace, pizza oven, gas grill and refrigerator. All the exterior lights have been replaced in the last 5 years. There is a mobile chicken coop for raising your own flock and eggs, fruit trees, and plenty of room for a garden. The pasture has recently added woven wire fencing, and the tractor barn (80'x46') would make the perfect horse barn by adding a few stalls. There are 2 roll up doors on this barn that are 14' tall and 12' wide. There is plenty of flat ground next to that building for a large round pen or small arena. Behind the 4-bay garage/shop building (60'x40') is an RV plug and freeze faucet for your camping friends that come to visit. On the front of the farm is an original milking barn that could be renovated to shine just like the home. Perfect for a possible event venue. This Kentucky Farm for sale is very unique and is ready for her new owners. If you have been thinking of moving to the country to a home that you can simply bring your clothes and move into, then consider this one of a kind 54-acre farm. Located 10 minutes from Danville KY and only 45 mins south of Lexington Ky.
    6 days
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    1,331
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    64
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    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2026 at 04:10am

    Listed by:

    Kathleen Walls 606-303-5140,

    Kentucky Lifestyle Real Estate & Auction Services,

    Epp M Walls 606-303-2263,

    Kentucky Lifestyle Real Estate & Auction Services

    Source: Imagine MLS,MLS#: 26006112MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Other, Ductless, Propane Tank Leased
      Cooling
      • Central Air, Ductless, Electric, Other
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Cooktop, Range
      • Laundry: Main Level
      Features
      • Entrance Foyer, Eat-in Kitchen
      • Flooring: Ceramic Tile, Hardwood, Laminate
      • Windows: Window Treatments, Screens
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Dining Room, Master Bedroom
      Interior area
      • Total structure area: 4,668
      • Total interior livable area: 4,668 sqft
      • Finished area above ground: 4,668
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Garage
      • Garage spaces: 4
      Features
      • Levels: Two
      • Exterior features: Awning(s), Garden, Outdoor Grill
      • Fencing: Other,Wire
      • Has view: Yes
      • View description: Rural, Trees/Woods, Farm
      Lot
      • Size: 54 Acres
      • Features: Landscaped, Many Trees
      Details
      • Additional structures: Barn(s), Shed(s), Outdoor Kitchen
      • Parcel number: 037000600100
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter, Other
      • Roof: Shingle
      Condition
      • Year built: 1880

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Rural
      HOA
      • Has HOA: No
      Location
      • Region: Stanford

      Financial & listing details

      • Price per square foot: $171/sqft
      • Tax assessed value: $124,300
      • Date on market: 3/26/2026
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        Estimated market value

        $788,600

        $749,000 - $828,000

        $1,942/mo

        Price history

        Price history
        DateEventPrice
        3/26/2026Listed for sale$800,000+19.4%$171/sqft
        Source: Imagine MLS #26006107 Report a problem
        3/31/2023Sold$670,000+3.2%$144/sqft
        Source: Imagine MLS #23002926 Report a problem
        2/27/2023Pending sale$649,000$139/sqft
        Source: United Country Report a problem
        2/24/2023Contingent$649,000$139/sqft
        Source: Imagine MLS #23002926 Report a problem
        2/19/2023Listed for sale$649,000+366.9%$139/sqft
        Source: Imagine MLS #23002923 Report a problem
        12/13/2013Sold$139,000-60.3%$30/sqft
        Source: Imagine MLS #1323532 Report a problem
        4/19/2013Sold$350,000-9.1%$75/sqft
        Source: Imagine MLS #1217503 Report a problem
        9/13/2012Listed for sale$385,000+53.4%$82/sqft
        Source: Lincoln Realty & Auction Co. Report a problem
        6/8/2012Sold$251,000$54/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023-- $124,300
        2022-- $124,300
        2021-- $124,300
        2020$1,351 -1%$124,300
        2019$1,365 +1%$124,300
        2018$1,352 $124,300 +9.2%
        2017$1,352 +11.2%$113,800
        2016$1,216 $113,800
        2015$1,216 $113,800 0%
        2012-- $113,820 -25.6%
        2010-- $153,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,613/mo
        Principal & interest
        $4126
        Property taxes
        $487
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          Climate risks

          Neighborhood: 40484

          Getting around

          3 / 100
          Car-Dependent
          26 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Stanford
          • Middle: Lincoln Co
          • High: Lincoln Co

          Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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