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Residential Land for Sale in Frankfort, Kentucky

Steadmantown Ln, Frankfort, KY 40601

$399,000
7 acres
Active
$80k drop
Est $2,989/mo

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.

Location

Street address
Steadmantown Ln, Tract 5
Elevation
628 feet
Coordinates
38.2426, -84.8191

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.

Property details

Acreage
7.02 acres
MLS #
LBAR 25016214
Posted

Parcels

  • 083-00-00-037.02 -5 (6.73 ac +/-)

Details and features

Listing

Type
Land

Lot

Features
Cleared, Floodplain, Level, Waterfront

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Aug 14, 2025Back on market$399,000LBAR
Aug 8, 2025Under contract$399,000LBAR
July 25, 2025Price drop$399,000$80,000 -16.7%LBAR
July 25, 2025New listing$479,000LBAR
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This 7.02-acre property is located at Steadmantown Ln Tract 5 in Frankfort, KY 40601. The property is available for sale for $399,000 with a price per acre of $56,838.

Checked 1 hour ago — Updated

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