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The farm was bought by the Stone family in 1926 and was a horse farm that bred racehorses. John W. Kluge bought Morven in 1988. 
In early 2020, the University of Virginia Foundation agreed to place 1,150 acres of land at Morven under conservation easement. The deed was recorded on January 15, 2020. The Albemarle Conservation Easement Authority accepted the deal in October 2019. 
- Web. History & Gardens, UVA Foundation, 2009, retrieved 28 Feb 2011.
- Web. Students brainstorm engagement for Morven farm, Katherine Knott, Daily Progress, World Media Enterprises, October 19, 2019, retrieved October 20, 2019.
- Web. Morven property placed under conservation easement, Allison Wrabel, Daily Progress, World Media Enterprises, January 19, 2020, retrieved January 19, 2020. Print. January 19, 2020 page A1.