2311 Armstrong Mill Rd, Lexington, KY 40515

Featheridge Farm across the street from Hartland. 11.22 acres - Development opportunity - Seller also owns the lot at 3539 Kenesaw Drive that backs up to the farm; fencing; barn; creek; trees. The home has a large enclosed rear patio. Priced per Appraisal on April 19, 2016 * Information below is from the Appraisal report: (Extraordinary Assumption - Zoning for Townhouses could possible be obtained) The subject main site is currently located in the A-U, Agricultural Urban Zone as enforced and dictated by the LFUC Planning Commission. In the previous Comprehensive Plan, this property was planned to be in medium density residential zone for up to 8 units per acre. The 2013 Comprehensive Plan now indicates properties should be compatible with adjoining properties. This includes 40' lot single family (adjoining) and potentially townhomes use (to the south). Due to its corner location, townhouse development is considered reasonable. This is an extraordinary assumption of the appraisal.