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

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!

More Information MLS# 1665870

Contract Info

HOA Y/N: No HOA Annual $: 0 HOA Fee: No List Price/Acre: 373441.4 Original List Price: 2995000 Listing Date: 2024-07-18 Listing Price: 2995000 Property Sub Type: Residential Land

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

General Property Description

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

Lot Description

Corner Lot: 1 Flat: 1 See Remarks: 1

Lot Access

City Road: 1

Utilities

Electricity Connected: 1 Natural Gas Connected: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

None

Current Price: $2,900,000

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 Geo Lat: 38.273654 Geo Lon: -85.607047

Status Change Info

Status: Closed Contract Acceptance Date: 2024-12-19 Sold Date: 2025-02-07 Sold Price: $2,900,000

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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