Shadwell puts two Kentucky farms up for sale

Shadwell Farm, in the process of a business review to streamline its global operations following the death of founder Sheikh Hamdan bin Rashid al-Maktoum last March, announced that it will sell two farms in Central Kentucky.

As it reduces its numbers of horses, Shadwell will sell two auxiliary farms where it kept its stock in Kentucky – the 839-acre Shadayid Stud in Woodford County and the 525-acre Erhaab Stud in Scott County. The farms, which both include barns, homes, and fields, are listed at $17.75 million and $12 million, respectively. Justice Real Estate is representing Shadwell as broker.

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“Both of these farms were meticulously developed by us, are in pristine condition, and have been impeccably maintained,” Shadwell said in a press release. “These farms are separate from the original main division where we will continue to raise Thoroughbreds in the finest tradition.”

Shadwell is retaining its main Kentucky stallion and broodmare division, known as Nashwan Stud, which is located less than 15 minutes from Keeneland. Still, that operation has not been immune to changes. Young sire Mohaymen is alone on Shadwell’s Kentucky roster for 2022, with the operation moving its other Kentucky stallions to regional marketplaces. Tamarkuz has moved to Blue Ridge Farm in Louisiana, while Qurbaan headed to Indiana Stallion Station.