Skip main navigation
For sale
  • $639,000

    498 Penwood Rd, Louisville, KY 40206

    4beds
    3,123sqft
    : 
    $4,143/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    0.32 Acres Lot
    $-- Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Strikingly renovated kitchenMarble backsplashPrivate landscaped outdoor settingFour-bedroom three-and-one-half-bath residenceThoughtfully renovated throughoutSolid-surface flooring throughoutWalnut butcher-block countertops
    There are certain streets that simply feel special, and Penwood is one of them. Situated along this coveted dead-end street culminating in a cul-de-sac, this beautifully renovated home offers an exceptional combination of location, character, thoughtful design and truly move-in-ready living. With Seneca and Cherokee Parks nearby, St. Matthews in one direction and the Highlands in the other, so many of the amenities we all love about Louisville are close at hand—favorite restaurants and neighborhood bakeries, local shops, parks and everyday conveniences. Just as compelling as the location is the home itself. Thoughtfully renovated throughout, this four-bedroom, three-and-one-half-bath residence blends the timeless character of a classic Cape Cod with sophisticated updates and a wonderfully versatile floor plan designed for the way we live today. Adding to its turnkey appeal, there is no carpet anywhere in the home, with solid-surface flooring throughout and gleaming hardwood floors extending into most of the living spaces on the first and second levels. The main level begins with a generous living room centered around a fireplace, creating a warm and inviting gathering space. Beyond, the strikingly renovated kitchen is as functional as it is stylish, offering an abundance of cabinetry, including an entire wall of built-in pantry storage, along with a center island and breakfast bar. Gorgeous walnut butcher-block countertops are paired with a marble backsplash, while a full complement of appliances remains, including the wine refrigerator. The adjoining dining area is wonderfully spacious, easily accommodating a generous dining table with room for a serving buffet. One of the home's most versatile spaces is the Florida-style sunroom, connected to the kitchen and dining area through a large, open transition that creates an effortless flow from one living space to the next. Designer tile, three walls of windows and an abundance of natural light make this so much more than a pass-through room. Generous enough for multiple uses, it could serve as a casual sitting room, morning coffee space or additional entertaining area while also incorporating a stylish drop zone near the garage entry. A sliding door continues the living space outdoors to the covered rear deck overlooking the private, thoughtfully landscaped lawn—a wonderful backdrop for alfresco dining, entertaining or simply enjoying a quiet evening at home. Another standout feature—and one that makes this floor plan particularly special—is the main-level primary suite. The spacious bedroom is complemented by a fabulous walk-in closet with custom built-ins and a truly luxurious, spa-inspired bath. Dual vanities, a soaking tub, separate shower, built-in linen cubbies and a private water closet create a retreat that feels both elegant and exceptionally functional. A fully renovated powder room serves the main level, while charming recessed original built-ins nearby preserve a bit of the home's character while providing additional linen or household storage. Upstairs, true to classic Cape Cod design, two remarkably generous bedrooms offer an unexpected amount of space and excellent closet storage, including an impressive walk-in closet in one. Both bedrooms share a hall bath featuring period-inspired finishes, a tub and shower combination and additional linen storage. The finished lower level extends the versatility of the home even further. A large family room with a second fireplace provides another inviting place to gather, while an additional flex room lends itself to a home office, hobby room, playroom or exercise space. The home's fourth bedroom is also located on this level, conveniently adjacent to another full bath that has been nicely updated—creating wonderful possibilities for guests or additional private living space. Updated throughout yet filled with original character, remarkably spacious yet warm and inviting, this is a home that offers flexibility for many chapters of life. Add its private, landscaped outdoor setting and an address on one of the area's most coveted streets, surrounded by some of Louisville's most treasured parks, neighborhoods, shops and dining, and the result is an exceptional place to call home!
    2 days
    |
    1,073
    |
    81
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Carroll 502-420-5000,

    Semonin Realtors,

    Joyce Duncan Mills

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1726110MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: Main Floor Primary Suite with Walk-in Closet
      • Level: First
      • Area: 202.5
      • Dimensions: 15.00 x 13.50
      Bedroom
      • Description: Generous Bedroom Adjacent to Hall Bathroom
      • Level: Second
      • Area: 236.25
      • Dimensions: 17.50 x 13.50
      Bedroom
      • Description: Generous Bedroom Adjacent to Hall Bathroom
      • Level: Second
      • Area: 168.75
      • Dimensions: 13.50 x 12.50
      Bedroom
      • Description: Guest Bedroom with Egress and Closet
      • Level: Basement
      • Area: 227.5
      • Dimensions: 17.50 x 13.00
      Primary bathroom
      • Description: Spa-like Bathroom w/Sep Shower & Tub/Dual Vanity
      • Level: First
      • Area: 156
      • Dimensions: 13.00 x 12.00
      Half bathroom
      • Description: Beautifully Updated Powder Room
      • Level: First
      • Area: 18
      • Dimensions: 4.50 x 4.00
      Full bathroom
      • Description: Full Guest Bathroom with Tub/Shower & Linen Closet
      • Level: Second
      • Area: 58.5
      • Dimensions: 9.00 x 6.50
      Full bathroom
      • Description: Full Guest Bathroom
      • Level: Basement
      • Area: 60
      • Dimensions: 12.00 x 5.00
      Dining area
      • Description: Separate Dining Area with Room for Buffet/China Cabinet
      • Level: First
      • Area: 148.5
      • Dimensions: 13.50 x 11.00
      Family room
      • Description: Lower Level Family Room with Fireplace
      • Level: Basement
      • Area: 305.5
      • Dimensions: 23.50 x 13.00
      Kitchen
      • Description: Remodeled with Center Island, Walnut Counters
      • Level: First
      • Area: 168
      • Dimensions: 14.00 x 12.00
      Laundry
      • Description: Laundry and Storage Area
      • Level: Basement
      • Area: 141.75
      • Dimensions: 13.50 x 10.50
      Living room
      • Description: Inviting Living Room with Fireplace & Wood Floors
      • Level: First
      • Area: 317.25
      • Dimensions: 23.50 x 13.50
      Office
      • Description: Home Office, Hobby or Play Room
      • Level: Basement
      • Area: 188.5
      • Dimensions: 14.50 x 13.00
      Sun room
      • Description: Versatile Sunroom Addition with Access to Covered Deck
      • Level: First
      • Area: 139.5
      • Dimensions: 15.50 x 9.00
      Heating
      • MiniSplit/Ductless, Forced Air, Natural Gas
      Cooling
      • Wall/Window Unit(s), Central Air
      Features
      • Basement: Walk-Up Access,Finished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 2,273
      • Total interior livable area: 3,123 sqft
      • Finished area above ground: 2,273
      • Finished area below ground: 850

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Entry Front
      • Attached garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Deck, Porch
      • Fencing: Partial,Wood
      Lot
      • Size: 0.32 Acres
      • Features: Corner Lot, Sidewalk, See Remarks, Level
      Details
      • Parcel number: 05074H01590003

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Brick
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Louisville

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $670,270
      • Annual tax amount: $8,445
      • Date on market: 8/13/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$639,000+21.7%$205/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1726110 Report a problem
        8/9/2021Sold$525,000-4.4%$168/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        7/18/2021Pending sale$549,000$176/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        7/9/2021Contingent$549,000$176/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        7/5/2021Price change$549,000-1.8%$176/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        6/23/2021Price change$559,000-2.8%$179/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        6/17/2021Listed for sale$575,000+55.4%$184/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1588503 Report a problem
        1/15/2021Sold$370,000+32.1%$118/sqft
        Source: Public Record Report a problem
        10/3/2006Sold$280,000$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,445 -1.9%$670,270
        2024$8,606 +22.2%$670,270 +27.7%
        2023$7,046 -1.3%$525,000
        2022$7,140 +46.3%$525,000 +55.1%
        2021$4,880 +24.5%$338,550 +18.7%
        2020$3,921 $285,320
        2019$3,921 +3.8%$285,320
        2018$3,778 $285,320
        2017$3,778 +34.9%$285,320 +1.9%
        2013$2,800 $280,000
        2011$2,800 $280,000
        2010$2,800 $280,000
        2009$2,800 $280,000
        2007-- $280,000 +28%
        2006-- $218,830
        2005-- $218,830
        2004-- $218,830
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rock Creek Lexington Road

        Getting around

        43 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes