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For sale
  • $999,900

    50 Spendthrift St, Frankfort, KY 40601

    5beds
    5,823sqft
    : 
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    Single Family Residence
    Built in 1990
    0.62 Acres Lot
    $939,300 Zestimate®
    $172/sqft
    $92/mo HOA

    What's special

    Gas cooktopGas fireplaceExtensive professional landscapingEat-in barLower covered patioLuxurious en-suite bathLarge gourmet kitchen
    This spectacular custom-built home is located in the gated Two Creeks Subdivision, a private community within the Frankfort Country Club. This meticulously maintained property sits on a quiet, low-traffic street and backs up to peaceful farmland, offering exceptional privacy. The main level showcases a formal living and dining room, a spacious great room with custom built-ins, a wet bar, and a gas fireplace, as well as a private office and a large gourmet kitchen. The kitchen features a vaulted breakfast area, an eat-in bar, a GE Advantium convection speed cook and microwave oven combination, and a gas cooktop. Additional highlights include a charming sunroom/screened-in porch, a laundry room, and two bedrooms, one of which is a generous primary suite featuring dual walk-in closets and a luxurious en-suite bath. Upstairs features a beautifully crafted banister overlooking the great room. On either side of the home are two additional bedrooms, each with its own walk-in closet and a full bathroom complete with a tiled shower. The finished walk-out basement, boasting 9A½-foot ceilings, is perfect for entertaining and relaxation. It includes a spacious family room with a gas fireplace, full bar, game area, full bathroom, and a large bedroom with exterior access. A standout feature is the lower covered patio, which opens to a stunning 18-by-36-foot saltwater pool, ideal for outdoor enjoyment in a peaceful, private setting. Additionally, there is a generous 1,100 sq. ft. mechanical and storage room complete with built-in shelving. Additional features include a 3-car garage, irrigation system with agricultural water meters and multiple spigots, central vacuum system, two dual-fuel heating and cooling systems, outdoor space pre-wired for an electric dog fence, and extensive professional landscaping. This is a truly exceptional home situated in one of Frankfort's most desirable communities.
    60 days
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    547
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Brock 859-333-4092,

    CENTURY 21 Simpson & Associates

    Source: Imagine MLS,MLS#: 26011414MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: First
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Lower
      Bathroom 1
      • Description: Full Bath
      • Level: First
      Bathroom 2
      • Description: Full Bath
      • Level: First
      Bathroom 3
      • Description: Full Bath
      • Level: Second
      Bathroom 4
      • Description: Full Bath
      • Level: Lower
      Dining room
      • Level: First
      Dining room
      • Level: First
      Family room
      • Level: Lower
      Family room
      • Level: Lower
      Foyer
      • Level: First
      Foyer
      • Level: First
      Great room
      • Level: First
      Great room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Living room
      • Level: First
      Office
      • Level: First
      Recreation room
      • Level: Lower
      Recreation room
      • Level: Lower
      Utility room
      • Level: First
      Heating
      • Electric, Heat Pump, Natural Gas, Dual Fuel
      Cooling
      • Heat Pump
      Appliances
      • Included: Disposal, Double Oven, Dishwasher, Microwave, Refrigerator, Trash Compactor, Cooktop
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Breakfast Bar, Central Vacuum, Entrance Foyer, Eat-in Kitchen, In-Law Floorplan, Wet Bar, Walk-In Closet(s), Ceiling Fan(s)
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Insulated Windows, Window Treatments, Blinds, Screens
      • Basement: Concrete,Finished,Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access
      • Number of fireplaces: 2
      • Fireplace features: Basement, Gas Log, Gas Starter, Great Room, Masonry
      Interior area
      • Total structure area: 5,823
      • Total interior livable area: 5,823 sqft
      • Finished area above ground: 4,154
      • Finished area below ground: 1,669

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Driveway, Garage Door Opener, Off Street, Garage Faces Side
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Has private pool: Yes
      • Pool features: In Ground
      • Fencing: Invisible,Other,Partial
      • Has view: Yes
      • View description: Trees/Woods, Neighborhood
      Lot
      • Size: 0.62 Acres
      • Features: On Golf Course, Secluded, Wooded
      Details
      • Parcel number: 0854006063.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Dimensional Style
      Condition
      • Year built: 1990

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Tennis Court(s), Pool
      • Subdivision: Two Creeks
      HOA
      • Has HOA: Yes
      • Amenities included: Security
      • Services included: Snow Removal, Maintenance Grounds
      • HOA fee: $275 quarterly
      Location
      • Region: Frankfort

      Financial & listing details

      • Price per square foot: $172/sqft
      • Tax assessed value: $330,000
      • Annual tax amount: $3,424
      • Date on market: 5/20/2026

        Estimated market value

        $939,300

        $892,000 - $986,000

        $4,062/mo

        Price history

        DateEventPrice
        5/20/2026Listed for sale$999,900$172/sqft
        Source: Imagine MLS #26011414 Report a problem
        5/18/2026Listing removed$999,900$172/sqft
        Source: Imagine MLS #25012688 Report a problem
        4/1/2026Price change$999,900-13.1%$172/sqft
        Source: Imagine MLS #25012688 Report a problem
        11/13/2025Price change$1,150,000-8%$197/sqft
        Source: Imagine MLS #25012688 Report a problem
        6/14/2025Listed for sale$1,250,000$215/sqft
        Source: Imagine MLS #25012688 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,424 +1%$330,000
        2023$3,390 -1.1%$330,000
        2022$3,428 -1.2%$330,000
        2021$3,470 $330,000
        2020-- $330,000
        2019-- $330,000 +3.1%
        2018-- $320,000
        2017$3,650 $320,000
        2016$3,650 $320,000
        2015-- $320,000
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40601

        Getting around

        5 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hearn
        • 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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