C.N. and Carol Ray have entered into a contract to sell about half of their 400-acre Evergreen Farm in Bourbon County, Ky., to J. Peek and Jennie Turner Garlington of Atlanta.
The buyers aren't involved in the Thoroughbred industry, but Jennie Garlington is active in riding and showing Saddlebred horses, some of which she plans to keep at the farm. The sale is scheduled to close Feb. 20. Since the sale is pending, no purchase price was disclosed.
The entire property was listed about six months ago with Kay Ledbetter & Associates, and Melinda Ledbetter put the Rays in contact with the Garlingtons. John Haggin, who manages the Rays' breeding and racing operation, said he will stay with Evergreen. The owners will share entrances to the properties, but the space used by each operation will be separate.
Included in the Garlingtons' portion of the farm is the property's original foaling barn, built in 1840. The Rays modeled the rest of the farm's buildings after that structure. An 1820 historic home, called Escondida, is also involved in the sale.
Haggin said the change comes as the Rays are moving the Evergreen emphasis more toward racing.
Still at the farm are Breeders' Cup Sprint (gr. I) winner Elmhurst and stakes winner Athenia Green (both geldings), and stakes winner and stakes producer Pattern Step. Grade I winners Delighter and Sham Say died within the past year, but Evergreen still owns offspring from both mares