Exceptional Acreage! Extremely rare 8.02 acres of Flat and Mostly Clear infill land. Remarkable Visibility and Access: located just 1 mile from I-264 and on the edge of highly sought-after St. Matthews. Situated on one of Louisville's most traveled corridors (27k AADT), this coveted estate boasts 480' of road frontage on Westport Rd (+750' on Ormsby Ln) at a signaled light. Potential developers will benefit from established utilities and sewer connections. R-4 zoning allows 4.84 dwellings per acre, however a strong case for rezoning is feasible for higher density, mixed use or commercial opportunities. A 4,200+ sqft Ranch House with a Pool + Tennis Court currently exists in the rear that is in good, livable condition and could easily be repurposed as a clubhouse/leasing office. Within proximity to established developments such as Westport Village (retail and dining), as well as schools, mature neighborhoods, multi-family and within St. Matthews Fire District. The new $840M VA Hospital is nearby, as well as other new developments such as Bull Run Townhomes.Truly a "Once-In-A-Generation" type of property!
MLS# | 1665871 |
---|---|
Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1951 |
Days On Site | 112 |
Listing Provided By | RE/MAX Premier Properties | Sean S Williams |
Bed(s) | 5 |
---|---|
Bath(s) | 3 Total |
SQ Feet | 4,294 |
Garage | 4 |
Basement | Y |
Pool | Yes |
Story(s) | 2 |
Acreage | 8.02 |
State | KY |
---|---|
County | Jefferson |
City | Louisville |
Zip Code | 40222 |
Area | 09 Anchrg | Glnvw | Lyndn | Prospct |
School District | Jefferson |
Listing VS Median (in 40222) | |
Price: $2,995,000 low | high Med: $437,450 SqFt: 4,294 low | high Med: 1,771 $ / SqFt: $697 low | high Med: $247 On Site: 112 low | high Med: 145.000000 |