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For sale by owner
  • $329,900

    245 River Valley Rd, Frankfort, KY 40601

    2beds
    2,208sqft
    : 
    $2,386/mo
    Get pre-qualified
    SingleFamily
    Built in 1987
    1.82 Acres Lot
    $307,400 Zestimate®
    $149/sqft
    $-- HOA

    What's special

    Warm brown cabin-inspired exteriorNew walk-in showerLong asphalt drivewayLarge covered front porch
    This rustic ranch/cabin-style home offers a wonderful combination of privacy, character, space, and convenience. Situated on a beautiful 1.82-acre rolling lot filled with mature trees, the home sits back from the road at the end of a long asphalt driveway, creating a peaceful setting that feels tucked away while still being close to everything. One of the highlights is the large covered front porch, perfect for relaxing and enjoying views across the expansive front lawn. Out back, a 12' x 16' deck and adjoining 12' x 16' patio create a private outdoor retreat, already wired and ready for a hot tub. The property backs up to wooded land filled with mature trees, adding to the privacy and natural setting. Inside, the home features an inviting open-concept kitchen, dining, and living area designed for both everyday living and entertaining. The main level offers two oversized bedrooms and two full baths, including a spacious primary suite with a walk-in closet, private bath, and new walk-in shower. The basement adds tremendous flexibility with a wet bar, third full bath, large entertainment/lounge area, and direct garage access, allowing you to pull inside and stay out of the weather. With plenty of usable space, the lower level offers the potential to add one or two additional bedrooms, a home office, game room, theater, or guest quarters. The warm brown cabin-inspired exterior and green metal roof complement the wooded surroundings beautifully. Located in a quiet area just across the street from the Kentucky River, the home is well outside of the flood zone. You're also just a couple of miles from The Paddocks development, with Target, Walmart, Kroger, restaurants, shopping, and everyday conveniences just minutes away. A rare combination of acreage, privacy, character, flexibility, and convenience! (Virtually Staged)
    What the owner loves about this home
    This rustic ranch/cabin-style home offers a wonderful combination of privacy, character, space, and convenience. Situated on a beautiful 1.82-acre rolling lot filled with mature trees, the home sits back from the road at the end of a long asphalt driveway, creating a peaceful setting that feels tucked away while still being close to everything. One of the highlights is the large covered front porch, perfect for relaxing and enjoying views across the expansive front lawn. Out back, a 12' x 16' deck and adjoining 12' x 16' patio create a private outdoor retreat, already wired and ready for a hot tub. The property backs up to wooded land filled with mature trees, adding to the privacy and natural setting. Inside, the home features an inviting open-concept kitchen, dining, and living area designed for both everyday living and entertaining. The main level offers two oversized bedrooms and two full baths, including a spacious primary suite with a walk-in closet, private bath, and new walk-in shower. The basement adds tremendous flexibility with a wet bar, third full bath, large entertainment/lounge area, and direct garage access, allowing you to pull inside and stay out of the weather. With plenty of usable space, the lower level offers the potential to add one or two additional bedrooms, a home office, game room, theater, or guest quarters. The warm brown cabin-inspired exterior and green metal roof complement the wooded surroundings beautifully. Located in a quiet area just across the street from the Kentucky River, the home is well outside of the flood zone. You're also just a couple of miles from The Paddocks development, with Target, Walmart, Kroger, restaurants, shopping, and everyday conveniences just minutes away. A rare combination of acreage, privacy, character, flexibility, and convenience!
    1 day
    440
    32
    Listed by:

    Property Owner (502) 395-8301

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air
      Cooling
      • Central
      Interior area
      • Total interior livable area: 2,208 sqft

      Property

      Parking
      • Parking features: Garage - Attached, Off-street
      Features
      • Exterior features: Wood
      Lot
      • Size: 1.82 Acres
      Details
      • Parcel number: 064000001900

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Concrete
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1987

      Community & HOA

      Location
      • Region: Frankfort

      Financial & listing details

      • Price per square foot: $149/sqft
      • Tax assessed value: $230,000
      • Annual tax amount: $2,755
      • Date on market: 10/19/2026

        Estimated market value

        $307,400

        $289,000 - $326,000

        $1,697/mo

        Price history

        DateEventPrice
        10/19/2026Listed for sale$329,900+43.4%$149/sqft
        Source: Owner Report a problem
        7/12/2021Sold$230,000$104/sqft
        Source: Imagine MLS #20112046 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,755 -0.7%$230,000
        2024$2,776 +1%$230,000
        2023$2,749 +0.9%$230,000
        2022$2,723 +81.8%$230,000 +84%
        2021$1,498 $125,000 +17.5%
        2020-- $106,400
        2019-- $106,400
        2018-- $106,400
        2017$793 $106,400
        2016$793 $106,400
        2015-- $106,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 40601

        Getting around

        0 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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