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An iconic, 2,300-acre horse farm in Lexington, submarket of Paris, KY is headed for auction on March 28 with opportunities for purchasing subdivision parcels.

Legacy Kentucky Horse Farm with 2,300 Subdividable Acres Headed to Auction

An iconic, 2,300-acre horse farm in Lexington, submarket of Paris, KY is headed for auction. Buyers of Adena Springs Farm property will be able to choose a single sale opportunity or choose from any combination of one or more subdivision parcels together with various barns, pastures, amenities and improvements.

The official call for offers and expressions of interest campaign dates will commence March 28; with final sale process and campaign details will be made available on that date on the Icon Global website. The sealed bidding and offer process guidelines to be released will include a buyer’s ability to submit offers via stalking horse bids, sealed bids or conventional private contract formats. 

The was publicly priced at $55 million in June of 2022. “Replacement cost today to replicate this farm and its amenities in my opinion would far exceed $100 million,” said Bernard Uechtritz of real estate advisory firm Icon Global.

Photo courtesy Icon Global


Inside The Story

Icon Global's Uechtritz

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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