The remaining 35 hectares consist mostly of open farmland but adjoins the woodlands Folehaveskoven and Rungsted Hegn.
The property was originally a farm under Hørsholm Manor but it was sold off to the naval officer Conrad von Schindel in 1759.
Schindel initially named the estate Christinegaard but renamed it Folehavegård after a major rebuilding of the house.
Mary Bess Westenholz, a sister of Karen Blixen's mother, lived at Folehavegård from 1881 until her death in 1947.
In 1920, Hørsholm Municipality purchased a large portion of land from Folehavegård and used tp redevelop it with new housing.