In 1783, Landbytorp and Davidsrød were both acquired by Hans Henrik von Eickstedt who, in 1772, had been involved in the revolt against Johann Friedrich Struensee.

Von Eickstedt constructed a main building on his estate as well as a farm which was given the name Lille Frederikslund.

After the coup d'état in 1884, in which Crown Prince Frederick forced Ove Høegh-Guldberg to resign, von Eickstedt was also dismissed from all his offices.

He was already the owner of two other estates, Hørbygaard at Holbæk and Valbygård at Slagelse, but sold Valbygaard to Poul Christian von Stemann in 1805.

He was married to Johanne Vilhelmine Grevencop and the couple had 13 children, many of whom died at an early age.

He had in 1813 ceded the ownership of Store Frederikslund and Hørbygaard to his eldest surviving son, Caspar Holten Castenschiold, who on 5 May 1826, was granted royal permission to assume the name Grevencop-Castenschiold.

In 1929, Jørgen Adolph Grevenkop-Castenskiold sold Lille Frederikslund to Viggo de Neergaard.

The median risalits towards the garden feature four Tuscan order pilasters and are topped by triangular pediments.