7702 Westport Rd, Louisville, KY 40222

$2,995,000 Asking Price

5 beds
3 baths
4,294  sqft
Built in 1951

Exceptional Acreage! Extremely rare 8.02 acres of Flat and Mostly Clear infill land. Remarkable Visibility and Access: located just 1 mile from I-264 and on the edge of highly sought-after St. Matthews. Situated on one of Louisville's most traveled corridors (27k AADT), this coveted estate boasts 480' of road frontage on Westport Rd (+750' on Ormsby Ln) at a signaled light. Potential developers will benefit from established utilities and sewer connections. R-4 zoning allows 4.84 dwellings per acre, however a strong case for rezoning is feasible for higher density, mixed use or commercial opportunities. A 4,200+ sqft Ranch House with a Pool + Tennis Court currently exists in the rear that is in good, livable condition and could easily be repurposed as a clubhouse/leasing office. Within proximity to established developments such as Westport Village (retail and dining), as well as schools, mature neighborhoods, multi-family and within St. Matthews Fire District. The new $840M VA Hospital is nearby, as well as other new developments such as Bull Run Townhomes.Truly a "Once-In-A-Generation" type of property!


Features & Amenities

Interior

Basement:
Unfinished
A/C:
true, Central Air
Heating:
true, Forced Air, Natural Gas
Fireplace:
Fireplace, Fireplaces: 2

Exterior

General:
Patio, Pool - In Ground, Creek, Tennis Court(s)
Parking:
Attached, Entry Side, Driveway

Construction

Roofing:
Shingle
General:
Brk/Ven, 2, Crawl Space, Poured Concrete

Location

HOA Amenities:
0.0
Originating MLS:
Metro Search (Greater Louisville Association of REALTORS®)
School District:
Jefferson
County:
Jefferson

Lot

Zoning:
0021022300000
Fencing:
None

Utilities

Utilities:
Electricity Connected, Fuel:Natural, Public Sewer, Public Water

Financial

Source:
Metro Search (Greater Louisville Association of REALTORS®)

This listing courtesy of:
RE/MAX Premier Properties

About Louisville, KY

Housing

Number of Units
351,031
Median Home Value
$209,186
Median Rent
$763

38.97% of housing units are renter occupied.

8.02% are vacant.

Commute

Car
70.02%
Public Transportation
2.15%
Walk to Work
1.43%
Work from Home
24.92%
Other
1.23%

The median travel time to work is 19 minutes.

People

Population
767,512
Median Age
38.80
Median Household Size
2.55

Education

High School
26.85%
Associate’s Degree
8.35%
Bachelor’s Degree
20.68%
Graduate Degree
13.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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