Definition: A farmstead is a type of property that typically consists of a large, open space on which livestock are raised and other agricultural activities take place. It can include buildings such as barns, stables, and feedlots, as well as gardens, orchards, or pastures. The term "farmstead" was first used in the United States during the late 19th century to describe a type of farm that provided a stable environment for animals raised on a small plot of land.