Tract 5 Steadmantown Lane, Frankfort, KY 40601

$399,000
Property Type: Land Lot Size (sq. ft.): 305,791 Status: Active
Current Price: $399,000 List Date: 8/14/2025 Last Modified: 9/26/2025

Overview

Description

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 Details MLS# 25016214

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2025-07-25T14:46:37Z
Status Change Timestamp
2025-08-14
Back on Market Date
2025-08-14

Address

County
Franklin
Street Number
Tract 5
Street Name
Steadmantown
Street Suffix
Lane
State
KY
Zip Code
40601
Directions
Steadmantown Ln to the 3 way stop sign and turn right or Schenkel Ln to 3 way. Stay straight and Schenkel becomes Steadmantown. Follow until you see the signs on the right.
Parcel Number
083-00-00-037.02 -5 (6.73 ac +/-)

Contract

Original List Price
479000
Start Showing Date
2025-07-24
Listing Contract Date
2025-06-06
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
56837.61
List Price/SqFt
1.3

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Rural

Lot

Lot Size Acres
7.02
Lot Size Square Feet
305791
Road Frontage Feet
250
Conservation Easement YN
No

More Information

Remarks

Public Remarks
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.

Utilities

Electricity Available
Yes
Water Available
Yes

Lot Features

Cleared
Yes
Floodplain
Yes
Level
Yes
Waterfront
Yes

Disclosures

Restrictions
Yes

Possible Use

Residential
Yes

Showing Requirements

Showing Service
Yes

Documents

Aerial Photo
Yes

Property Features

Utilities: Electricity Available; Water Available; Electricity Available; Water Available Disclosures: Restrictions Lot Features: Cleared; Floodplain; Level; Waterfront Possible Use: Residential Showing Requirements: Showing Service Documents: Aerial Photo
Listing Office: Capital Realty and Investments
Last Updated: September - 26 - 2025
Information deemed reliable but not guaranteed.