$2,995,000
 $17,005 est/mo Sourced by Back At You

7702 Westport Rd , Louisville, KY 40222

Louisville, KY 40222

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Description

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 close 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!

Details

MLS#1665870
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Days On Site80
Listing Provided ByRE/MAX Premier Properties | Sean S Williams

Features

ZoningResidential
Acreage8.02

Market Activity 40222

The information is being provided by Greater Louisville MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Greater Louisville MLS. All Rights Reserved.

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Learn More About This Property

StateKY
CountyJefferson
CityLouisville
Zip Code40222
Area09 Anchrg | Glnvw | Lyndn | Prospct
Listing VS Median (in 40222)
Price:
$2,995,000
low | high
Med:
$399,950
100% of Average
On Site:
80
low | high
Med:
122.000000
65.573770491803% of Average
Sourced by Back At You
Listing Updated: October 5, 2024 at 6:26:31 AM PDT