Homes for Sale Prospect KY - Oldham County

Prospect, Kentucky

Prospect, Kentucky (40059) straddles eastern Jefferson County and northern Oldham County. It’s a location renowned for affluence, as the third-wealthiest municipality in the state of Kentucky with a median household income topping the six-figure mark. Most of the people living in Prospect come from sales, management, IT, and healthcare backgrounds.

In the past, people were attracted to Prospect for the magnificent view of sandy hills and rich farmland. In the early 1900s, the town had a railroad stop, a store, and a farmer’s market. By the 1960s, the family farm estates were replaced by subdivisions, but the buyers of today still flock to Prospect for the atmosphere, which has been described as “small town charm – at the crossroads of rural and urban living.”

Developers have been careful to preserve the rolling green landscapes, scenic hills, and country club settings of old, so residents are treated to pastoral settings, despite being less than 20 minutes from downtown Louisville.

So Many Neighborhoods To Choose From!

Prospect is full of desirable neighborhoods, with real estate ranging from the low $300s, all the way up beyond $1 million:

  • Bridgepointe – Swimming pool and clubhouse membership and single family residences start in the $500s.
  • Fox Harbor – This original subdivision boasts beautiful remodeled homes starting in the low $500s.
  • Harrods Creek Overlook – This new subdivision includes 36 condo-style homes in the $500s.
  • Harrods Glen – A newer subdivision, offers big mansions on acreage, in the million-dollar range.
  • Harrods Landing – Desirable, low-maintenance condos overlook the marina, starting below $200,000.
  • Hillcrest – Homes in the $400-800s can be purchased in this neighborhood on the edge of Prospect.
  • Hunting Creek – This huge country club community is one of the swankiest, with prices above $1 million.
  • Innisbrook – Get that small neighborhood feel with homes from $600,000 - $1 million.
  • Norton Commons – Arguably one of Louisville’s most coveted walkable neighborhoods with all price points.
  • Smithfield Greene Condos – A small condo community with prices ranging from $250K - $500K.
  • Spring Farm Lake – The region’s best builders have spec homes here, with prices from $800,000 and up.  
  • Sutherland – This large neighborhood comes with perks like swimming pools and tennis courts.
  • The Landings – A large, diverse collection of single family residences offers homes from the $100s to $500s.

Some communities include snow removal, lawn and landscaping services, marina access, private lake use, swimming pools, tennis clinics, playgrounds, golf club membership, inclusive utilities, and clubhouse event invitations as exclusive perks.

Top caliber schools

Prospect is full of families who enjoy access to high-quality Louisville schools in the Jefferson County and Oldham County school systems. Many neighborhoods have schools conveniently located within walking distance. For example, Hillcrest Elementary is part of the Hillcrest neighborhood, and Norton Commons has its own K-5 elementary school. Private schools like Saint Mary Academy, the Norton Commons parochial school, and Kentucky Country Day give discerning parents even more options for their children’s education.

A quick commute – or no commute at all

Many locals commute to top area employers like Ford Motor Company, UPS, Norton Health Care, Humana, and General Electric in 15-20 minutes. Many residents own their own businesses. Norton Commons has exploded with mixed-use developments over the past few years, so you can live and work in the same building if it strikes your fancy!

Natural beauty, so close to everything

“If you’re a golfer, we’ve got options for that in Prospect,” explains Lynette Masterson, a Realtor with Lenihan’s Sotheby International. “It offers the majority of the single family riverfront homes if you’re interested in that.” More recently, local shopping and dining options have sprung up to accommodate these wonderful developments, she adds. “You have easy access to Interstate 71, as well as the scenic River Road that runs right into downtown Louisville,” she says.

Like any part of town, people gravitate to Prospect for the lifestyle. Residents can golf a few rounds at Nevel Meade, Hunting Creek, Sleepy Hollows, or Glen Oaks. They can retreat to Ayurveda Center yoga classes or a day of pampering at the Spaquena Day Spa. They go boating from Harrods Landing Yacht Club, look for books at the Lawrence C. Falk Library, and enjoy recreation at one of four local parks.

The Cowley Park gazebo is the prime gathering point for holiday celebrations and music festivals. Harrods Creek Park consists of 105 acres of wildlife and bird-watching, with fishing ponds and hiking trails. Little Hunting Creek Park is one of the best places in Louisville for a picnic, with four acres of sunny daffodils, rushing creeks and water features, picnic tables and playgrounds. Putney Pond and The Woodlands Park sits on 26 acres of woodland trails fit for beginners, in addition to a fishing pond and wetlands.

If it’s shopping you need, you may consider the Prospect Village Shopping Center on Timber Ridge Drive, anchored by Kroger, or a quick hop over to neighboring shopping centers like Mall St. Matthews, Westport Village Shopping Complex, or Oxmoor Center.

Dining options are diverse and plentiful for Prospect residents who want to enjoy a meal in their downtime. From fine filets at Cast Iron Steakhouse and pancakes at Verbena Café, to Japanese rolls at Arata Sushi and tacos at Los Aztecas. Commonwealth Tap is a popular stop for post-work beers, while Cunninghams Creekside Restaurant lets you dine outside.

A Real Sense of Community

If you are looking for a neighborhood with a true sense of “place” and communal vibe, there are many choices in Prospect. From the springtime Kentucky Derby celebrations to summer fireworks, families are always out doing something. Residents can walk in safe, well-lit sidewalks, knowing that the 40059 zip code boasts the lowest crime rating in the state. The homes here are beautiful and well-maintained in classic styles like Greek Revival, Italianate, Foursquare Arts & Craft, Federal Classic, and Classic Vernacular.

Prospect, KY can be a vast paradise, with so many communities to choose from. A reputable Realtor with Lenihan Sotheby’s International Realty would love to learn more about your needs and show you around this part of Louisville’s East End.

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