$399,000
$80K PRICE DROP

Tract 5 Steadmantown Ln Frankfort, KY 40601

Estimated payment $2,515/month

Total Views 4,145
7.02 Acres
$56,838 Price per Acre
305,791 Sq Ft Lot

About This Lot

Beautiful 7 +/- acre building lot on Main Elkhorn Creek. These lots are located within 2 miles outside the urban service boundary of Frankfort within 5-10 minutes from downtown. Excellent views in every direction. Land is flat and very versatile and has buildable area close to the creek but still not in a flood plain. Restrictions will limit construction to a minimum of 2000 sf conventional 'stick built' residence. They will also allow 1 shop building with a minimum of 8/12 roof pitch. Underground utilities only. These lots are close to town and will not last long. Properties like this don't become available often.

Listing Agent

Richard A Browning

Capital Realty and Investments License #208893 Listed on: 08/14/2025

Property Details

Property Type

  • Land

Lot Details

  • 7.02 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot

Location

  • In Flood Plain

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083-00-00-037.02 -5 (6.73 ac +/-)

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 7.02
  • Possible Use: Residential

Exterior Features

  • Disclosures: Restrictions
  • List Price: 399000.0
  • Lot Features: Cleared, Floodplain, Level, Waterfront

Utilities

  • Utilities: Electricity Available, Water Available

Lot Info

  • Topography: Level, Cleared
  • Lot Size Acres: 7.02
  • Lot Size Sq Ft: 305791.0
  • Parcel Number: 083-00-00-037.02 -5 (6.73 ac +/-)

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 For Sale $399,000 0.0% --
08/08/2025 08/08/25 Pending -- -- --
07/25/2025 07/25/25 Price Changed $399,000 -16.7% --
07/24/2025 07/24/25 For Sale $479,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25016214

ImagineMLS (Bluegrass REALTORS®)
Kentucky Franklin County Frankfort 40601

Tract 5 Steadmantown Ln, Frankfort, KY

This home is located at Tract 5 Steadmantown Ln, Frankfort, KY 40601 and is currently priced at $399,000. Tract 5 Steadmantown Ln is a home located in Franklin County with nearby schools including Elkhorn Elementary School, Elkhorn Middle School, and Franklin County High School.

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Listing Agent
Richard A Browning
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Capital Realty and Investments
(502) 503-4518