7702 Westport Rd, Louisville, KY 40222 (MLS# 1665870)

7702 Westport Rd, Louisville, KY 40222

$2,900,000

Property Type: Land Lot Size (sq. ft.): 349,351 Status: Closed

Current Price: $2,900,000 List Date: 7/18/2024 Last Modified: 3/10/2025

Overview

Description

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

Supplements: close 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!

Listing Details MLS# 1665870

Contract Info

Original List Price: 2995000
Listing Price: 2995000
List Price/Acre: 373441.4
Property Sub Type: Residential Land
HOA Y/N: No
HOA Fee: No
HOA Annual $: 0

Location Tax Legal Info

Street #: 7702
Street: Westport
St Suffix: Rd
Area: 09-Anchrg/Glnvw/Lyndn/Prospct
County: Jefferson
State/Province: KY
Zip Code: 40222
Subdivision/Condo: NONE

General Property Description

Dedicated Road?: Y
Frontage: 1385
Acres: 8.02
Lot Dimensions: PVA
Zoning: Residential
Restrictions: No
Flood Plain: No
Lake/Pond: No
Sold As-Is: Yes

Status Change Info

Contract Acceptance Date: 2024-12-19
Sold Date: 2025-02-07

Location, Tax & Legal Info

Sub Area: A
Parcel ID: 002102230000
Deed Bk: 10749
Pg #: 0555
Block: 0021
Lot: 0223
Sub-Lot: 0000
Municipality: Lyndon
Preservation Dist: None
Directions: I-264 to Westport Road exit, head northeast, property on the right (corner of Ormsby Lane)
Disclosure: Yes
REO/Bank Owned/HUD: No

More Information

Lot Description

Corner Lot: Yes
Flat: Yes
See Remarks: Yes

Lot Access

City Road: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Property Features

Lot Description: Corner Lot; Flat; See Remarks Lot Access: City Road Utilities: Electricity Connected; Natural Gas Connected Water Source: Public Sewer: Public Sewer

Listing Office: RE/MAX Premier Properties

Last Updated: March - 10 - 2025

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