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Prospect Real Estate For Sale In KY

Prospect

Located to the northeast of the Louisville Metropolitan Area is the prestigious city of Prospect, KY. Real estate in Prospect is where the epitome of southern living comes to life with stately mansions, horse farms, country clubs, and golf courses. If you’re looking for upscale Kentucky real estate within close proximity to Louisville, Prospect might be the place for you.

1 / 94

$1,160,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 3 days on Site

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$395,000

Pending Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$1,498,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$995,000

active under co...

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$1,399,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$1,199,900

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$680,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 4 days on Site

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$840,000

Active Listing

Single Family Home For Sale

2519 Belknap Beach Rd

Prospect, KY 40059

Single Family Home For Sale

New Listing - 4 days on Site

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$625,000

Active Listing

Single Family Home For Sale

7605 Wolfpen Ridge Ct

Prospect, KY 40059

Single Family Home For Sale

New Listing - 5 days on Site

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$585,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 5 days on Site

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$474,900

active under co...

Single Family Home For Sale

Single Family Home For Sale

New Listing - 5 days on Site

New Listing - 5 days on Site

13523 Prospect Glen Way

Prospect, KY 40059

Condo For Sale

New Listing - 5 days on Site

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$775,000

Pending Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 6 days on Site

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$435,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 7 days on Site

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$450,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - a week on Site

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$845,000

active under co...

Single Family Home For Sale

Single Family Home For Sale

New Listing - a week on Site

7700 Woodbridge Hill Ln # Lot 1

Prospect, KY 40059

Land For Sale

New Listing - a week on Site

New Listing - 2 weeks on Site

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$2,500,000

Pending Listing

Single Family Home For Sale

8223 Sutherland Farm Rd

Prospect, KY 40059

Single Family Home For Sale

New Listing - 2 weeks on Site

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More About Prospect KY

Nestled between the Ohio River and Harrods Creek, Prospect is a city divided into two counties: Jefferson County and Oldham County. It’s also one of the most affluent areas in the state of Kentucky and has a population of around 5,000.

Prospect real estate was primarily a farming community and only had a few luxury homes until sometime in the mid-’60s when grand, refined subdivisions were established. By 1974 Prospect was incorporated into a city. Today Prospect is home to a plethora of country clubs with golf courses and horse farms with training facilities as Churchill Downs, home of the Kentucky Derby horse races, is less than 30 minutes away.

Prospect KY Real Estate Market

The Prospect real estate market is a competitive seller’s market and it has been for several years. The median list price for Prospect KY real estate is about $565K, with townhouses averaging around $317K, though homes are commonly sold at about 6% above the listing price. Homes for sale in Prospect are usually listed for about 26 days before they’re sold.

Real estate in Prospect is unlike most cities in the United States in that homeownership is high, with 95% of residents owning their homes. It’s also a relatively newer city, with over 76% of the Prospect real estate having been built between the 1970s to 2000. Single-family detached homes dominate the market, while there are some townhouses and very few Prospect condos for sale. Homes in Prospect typically have four bedrooms, though three and five-bedroom homes are common too.

Prospects real estate has very distinct regal and elegant characteristics. One of the more prominent home styles is the traditional southern style that depicts varieties of the colonial fiver-over-four-with-a-door with oversized porches, bold columns, and balconies. Modern custom homes with full-brick exteriors and varying elevation changes are popular, as well as mid-century modern, sprawling ranches, and modern craftsmen.

Cities Near Prospect, KY

Neighborhoods In Prospect KY

Nearly every neighborhood in Prospect is appealing and picturesque, each with its own qualities. Here are a few of the most popular neighborhoods in Prospect.

River Glades

Thoughtfully situated near the Ohio River, this prestigious hilly neighborhood offers privacy with heavily wooded, oversized lots with some being several acre tracts. River Glades real estate contains aristocracy estates with each home showcasing unique designs and characteristics with attention to detail.

Estates of Hunting Creek

One of the original subdivisions in Prospect is Hunting Creek, which is home to some of the best custom-built homes and is located near the heart of Prospect. Many people are attracted to Hunting Creek real estate for its location near city amenities, quality construction work, and access to the Hunting Creek Country Club and golf course.

Sutherland

Situated between the Ohio River and US 42, Sutherland boasts a grand entrance with newer custom luxury homes set on wide lots and circle drives and positioned with intentional cul-de-sacs throughout the neighborhood. Given its proximity to a main road, residents appreciate the quick access to Louisville that Sutherland offers.

Innisbrook Estates

Located near Sutherland, Innisbrook is also a newer subdivision offering privacy with a peaceful surrounding. Innisbrook real estate showcases specific custom features to cater to the original owners’ tastes. Here you’ll find a variety of home styles from French Country to traditional.

Schools In Prospect KY

Two Kentucky School districts overlap in Prospect, Kentucky, Jefferson County School District and Oldham County School District. Two excellent elementary schools serve the community and parents can also rely on the KLA Schools of Prospect, which is a well-renowned daycare. For middle and high school, young Prospect students can attend schools outside Prospect’s town limits. Here’s a brief list of the top schools in and around Prospect.

Goshen At Hillcrest Elementary School (KG-05)
12518 Ridgemoor Dr
Norton Commons Elementary School (PK-05)
10941 Kings Crown Drive
Prospect, KY 40059
Kammerer Middle School (6-8)
7315 Wesboro Rd
Ballard High School (9-12)
6000 Brownsboro Rd

FAQ About Prospect Real Estate

What’s the zip code for Prospect, Kentucky?

The one zip code in Prospect, KY is 40059.

Where’s the nearest commercial airport to Prospect, Kentucky?

Louisville International Airport is about 16 miles or about 20 minutes from Prospect, KY.

What county is Prospect, Kentucky in?

Prospect is in both Jefferson and Oldham Counties.

How far is Louisville from Prospect, Kentucky?

Downtown Louisville is about 16 miles or 20 minutes from Prospect, KY.

What is Prospect, Kentucky known for?

Prospect is among the most affluent communities in the state of Kentucky.

Things To Do In Prospect KY

Visit Harrods Creek Park - Harrods Creek Park is home to a locally famous little waterfall. This small park is tucked away in the eastern neighborhoods of Prospect and is pretty popular among the locals. Great for a walk in the woods or a bit of reflective time around running water, you’ll find every visit here is sure to bring some rest and relaxation.
Go Golfing at the Hunting Creek Country Club - Much of Prospect is within a few hundred yards of this sprawling golf course that’s interspersed through the town like the arms of a starfish. It’s a great idea to get a membership at the country club so you can take advantage of their great restaurants, lounges, and have a home away from home in your own backyard.
Explore Creasey Mahan Nature Preserve - If you’re looking to really stretch your legs in the great outdoors, head north out to the little town of Goshen which sits just next to this big public park. Not only will you have plenty of trails to get lost on, there’s also a historic home on sight that will satisfy your inner-historian’s urge to see what things were like in the Prospect area once upon a time.

Living In Prospect KY

Healthcare in Prospect, Kentucky

Prospect residents have quick access to quality healthcare as the nearest hospital, Norton Browsboro, is just a ten minute drive away. For any specialized operations, there is a plethora of hospitals close to and within Louisville that can meet almost any medical need.

Weather in Prospect, Kentucky

You’ll get the best that all four seasons offer in Prospect. The weather in Prospect is fairly moderate throughout the year as in most of Kentucky. It rarely gets above the high 80s in the summer and below the high 20s in the winter. Even on the hottest days, you can count on a rainshower to come and cool everything down on a semi-regular basis as Prospect gets well over three feet of rain and a foot of snow on average each year.

Jobs In Prospect KY

The Prospect economy is buoyed primarily by white-collar professionals in the fields of finance, tech, and research. A couple of other fields to look out for in Prospect, KY are healthcare and education. Leisure and hospitality take up the lion’s share of jobs in Prospect. To give you a better idea of what jobs are available to Prospect residents, it’s best to look at the top employers in neighboring Louisville.

Ford Motor Company
GE Appliances
Humana Inc
Yum! Brands

Transportation In Prospect KY

The majority of Prospect, KY residents get around by car but limited public transportation options are available. The Transit Authority of River City (TARC) has bus routes between Prospect and Louisville. These rides usually take 45 minutes to an hour to get to downtown Louisville.

property types

Condos Homes New Construction Upcoming Open Houses