For Sale258d on market
5 Steadmantown Ln
Frankfort, KY, 40601 • 40601 • Franklin County
$399,000
7 acLot
Property DNA
Rural
40601
Market activity
Demand and pricing signals for this listing
165 views
People checking out this listing
6 saves
Buyers have saved this home
258 days on market
Established listing
About this home
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.
Estimated monthly payment
Based on current rates
$2,602/month
Principal & Interest$2,070
Property Tax$399
Insurance$133
Down payment20% ($79,800)
3%50%
Est. 6.75% rate · 30yr fixed · $319,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
Lot7.02 Acres
Location & Tax
Neighborhood40601
Parcel0830000037.02 5 (6.73 ac +/)
Features & details
2 categories of property features
Exterior Features
Lot Features
Cleared
Level
Floodplain
Utilities
Electricity Available
Water Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market258
Tax rate0.84%
On marketAug 14, 2025
PostedJul 24, 2025
MLS updatedSep 26, 2025
Tour days6
Views165
Favorites6
How are the schools in Frankfort?
3 schools rated nearby
Location
Frankfort, KY, 40601
Price history
3 events
DateEventPrice$/sqftSource
Aug 14, 2025Listed For Sale$399,000—Imagine MLS
Aug 8, 2025Pending Sale$399,000—Imagine MLS
Jul 25, 2025Listed For Sale$399,000—Imagine MLS
Listed For Sale$399,000
Aug 14, 2025•Imagine MLS
Pending Sale$399,000
Aug 8, 2025•Imagine MLS
Listed For Sale$399,000
Jul 25, 2025•Imagine MLS
Nearby homes
Neighborhood details
Local context around this listing
Frankfort, KY • Franklin County
Nearby cities
Frankfort
Nearby zip codes
406014060240603406044061840619406204062140622
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