Gaillardia Farm for Sale; Elk Hill Farm Sold

E.K. Gaylord II has sold the Gaillardia Farm operation near Versailles, Ky., he founded in 2001 to his sister, Mary Gaylord McClean. In turn, McClean has listed the 179-acre property near Versailles, Ky., for $5.25 million.

McClean, who owns GoldenI0sonville, Ky., is very active with breeding and showing Saddlebreds and Hackney ponies. Gaillardia was previously owned by Edgar and Bell Kitchen and called Stonewall Farm.

Gaylord, the former chairman of his family's Gaylord Entertainment, is turning his focus to Gaylord Films, which recently produced What a Girl Wants. Gaylord will retain his interests in Thoroughbreds, including about 30 horses boarded in Kentucky and 25 horses in training, but does not plan to buy another farm.

Lazy E Ranch, a training center, and an arena, all located on 300 acres in Edmond, Okla., are listed for sale for $20 million. That 19-year-old operation deals in both Thoroughbreds and Quarter Horses.

William Shively of Gainesville, Fla., has purchased the 197-acre Elk Hill Farm near Lexington from Lindsay and June Williams for $3.3 million. The Williamses purchased and developed the property in 1997.

Shively will rename the property Tomoka Hills Farm. He already owns another 135-acre farm of the same name in Fayette County, the former Blue Ridge Farm. Terry Arnold will manage both properties and Shively's 35 Kentucky-based mares.