Beautiful 3-Acre Property (in two parcels) across from the Kentucky River out of the floodplain with extensive site prep already done for you! This stunning 3-acre parcel offers the perfect blend of privacy, natural beauty, and convenience with shopping, interstate Hwy. 64, 127, downtown, etc. just minutes away. Tucked near the end of a peaceful dead-end road, the property features a gorgeous mix of mature trees and plenty of cleared space to build your dream home(s).
Property Details
Property Features
Listing Office:
Office Name: NextHome Custom Realty
Office Phone: (502) 223-3553
Lot Features
Lot Information:
Lot Size: 3.00 Acres
Other
Directions Information:
Directions: Take Nineveh Road and make a left onto River Valley Rd. Go down the hill almost to the end on the left. See sign.
Price Information
Listing Price Info
Price Summary:
List Price: $159,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Frankfort, KY.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$861
Per Month
Principal & Interest
$794
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$543
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Bridgeport Elementary School
10 Doctors Dr
Distance between this listing and this school2.61 miles
Public District Grades PK-5
3
/10
Collins Lane
1 Cougar Ln
Distance between this listing and this school2.90 miles
Public District Grades PK-5
3
/10
Westridge Elementary School
200 Oak Ridge Dr
Distance between this listing and this school4.65 miles
Public District Grades PK-5
Nearby Schools
4
/10
Bondurant Middle School
Bondurant Dr
Distance between this listing and this school2.82 miles
Public District Grades 6-8
5
/10
Second Street School
506 W 2nd St
Distance between this listing and this school4.01 miles
Public District Grades KG-8
3
/10
Elkhorn Middle School
1060 E Main St
Distance between this listing and this school5.34 miles
Public District Grades 6-8
Nearby Schools
6
/10
Western Hills High School
100 Doctors Dr
Distance between this listing and this school2.77 miles
Public District Grades 9-12
7
/10
Frankfort High School
328 Shelby St
Distance between this listing and this school3.77 miles
Public District Grades 9-12
5
/10
Franklin County High School
1100 E Main St
Distance between this listing and this school5.48 miles
The neighbors living near this home have an average income of $67,655. The majority of Frankfort, KY residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Frankfort, KY
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Frankfort, KY?
Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.
Is Frankfort, KY a good place to live?
Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.
Are things conveniently located in Frankfort, KY?
The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.
What does the transportation in Frankfort, KY look like?
Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.
Frequently Asked Questions About 275-279 River Valley Rd
What is the listing price of this property?
The listing price of 275-279 River Valley Rd property is $159,000.
What type of property is this?
The property 275-279 River Valley Rd is land located in Frankfort, Kentucky, 40601.
Is this property for sale now?
Active Listing: 275-279 River Valley Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 275-279 River Valley Rd is 3.00 acres.
Interested in 275-279 River Valley Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 275-279 River Valley Rd in Frankfort, KY and zip code 40601. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $159,000.
While more than 8 listings in Frankfort, KY in November 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 28 were sold below. In November 2024 in Frankfort, KY there were 3.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $239,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
NASCAR
NASCAR
PGA/LPGA
Soccer
Dick's Sporting Goods
Stein Mart
Old Navy
Arbys
Cracker Barrel
Bob Evans
GMC
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information