Discover the potential of this spacious 5-bedroom, 3-bathroom home in one of Frankfort's desirable neighborhoods! Located within walking distance to Peaks Mill Elementary, this property is perfect for families or investors alike. Being sold AS-IS, it does need some TLC — but that means opportunity. With a little vision, it could be transformed into a beautiful family home or a lucrative short-term rental along the Bourbon Trail. Prime location near schools, shopping, and major routes.
Sold for $325,000 on 11/14/25
$325,000
118 Locust Ridge Rd, Frankfort, KY 40601
5beds
4,188sqft
Single Family Residence
Built in 1997
0.28 Acres Lot
$326,700 Zestimate®
$78/sqft
$2,775 Estimated rent
Home value
$326,700
Estimated sales range
Not available
$2,775/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 14, 2025 at 10:17pm
Listed by:
Nathan Dailey 502-319-2125,
RO&CO Real Estate
Bought with:
Justin Johnson, 269597
Kentucky Land and Home
Source: Imagine MLS,MLS#: 25502175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom 3
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Lower
Bathroom 4
- Level: Lower
Bathroom 5
- Level: Lower
Dining room
- Level: First
Great room
- Level: Lower
Kitchen
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Recreation room
- Level: Lower
Heating
- Natural Gas
Cooling
- Electric
Features
- Flooring: Carpet, Vinyl
- Number of fireplaces: 2
- Fireplace features: Basement, Living Room
Interior area
- Total structure area: 4,188
- Total interior livable area: 4,188 sqft
- Finished area above ground: 2,094
- Finished area below ground: 2,094
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Fencing: Wood
Lot
- Size: 0.28 Acres
Details
- Parcel number: 0734002007.10
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Frankfort
- Subdivision: Arnold Ridge Estates
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $325,000-1.5%$78/sqft |
Source:  Imagine MLS #25502175 | ||
| 9/28/2025 | Pending sale | $329,900$79/sqft |
Source: Imagine MLS #25502175 | ||
| 9/25/2025 | Listed for sale | $329,900$79/sqft |
Source: Imagine MLS #25502175 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $2,244 -1.2% | $230,000 |
| 2021 | $2,271 +580.8% | $230,000 +9.8% |
| 2020 | $334 | $209,500 |
Find assessor info on the county website
Neighborhood: 40601
Nearby schools
GreatSchools rating
- 4/10Peaks Mill Elementary SchoolGrades: 1-5Distance: 0.3 mi
- 4/10Elkhorn Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Franklin County High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Elkhorn Elem
- Middle: Elkhorn Middle
- High: Franklin Co
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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