04/02/2013 6:29PM

Vinery Farm listed at $13.97 million


Vinery Farm in Lexington, Ky., the anchor property of the international racing and breeding operation, has been listed for sale with a price tag of $13,970,000.

The 440-acre farm was one of four U.S. properties under the Vinery banner, owned by Tom Simon, who announced his intention to sell the majority of the Vinery operation in August 2012. At the time of the announcement, Vinery had properties in Kentucky, Florida, New York, and Australia. The Australian property is owned by a partnership, and Simon has said that the farm will not be sold.

The sale of the Kentucky property is being handled by Prudential and A.S. de Movellan Real Estate in Lexington.

Simon, a former corporate law attorney, purchased Vinery from George and Kay Hofmeister in 1999. The farm was founded in 1986 by Ben Walden, Jr., who sold it to the Hofmeisters in 1998.

The farm formerly housed stallions including More Than Ready, Congrats, Kodiak Kowboy, Pure Prize, Pioneerof The Nile, Maimonides, and Street Hero, who have all been moved to WinStar Farm in Versailles, Ky.

Vinery’s 220-acre training facility in Summerfield, Fla. was purchased by Barbara Banke’s Stonestreet Stables in December and renamed the Stonestreet Training and Rehabilitation Center.