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5402 Farm Ridge Ln, Prospect, KY, 40059

5beds
8baths
10,318sqft
$2,995,000
$290price/sqft
$20,120/moest. monthly cost
$804,800/yrincome needed

About This Home

Some homes simply cannot be captured in photos, and this is one of them. With over 10,000 square feet of carefully designed living space, every inch of this estate speaks to craftsmanship, luxury, and attention to detail you just do not see anymore. It is the kind of property you have to walk through in person to truly appreciate. Set on one of the most private, secluded lots in Spring Farm Place, the home welcomes you with a stunning entry foyer and unfolds into a custom walnut library, a formal living room with reclaimed chestnut floors and historic beams from the Man O' War and War Admiral barn, and a chef's kitchen that opens into a massive great room with fireplace and breakfast area. The first-floor primary suite is its own retreat, complete with a his and hers steam shower, separate closets, and multiple wings of the bathroom. The primary even has its own private porch overlooking the backyard and pool. Upstairs, you will find four oversized bedrooms, each with its own bath, some with hand-painted murals that add one-of-a-kind charm. The lower level will not disappoint: a spacious walk-out basement with soaring ceilings, in-home theatre, wet bar, office, a full bath and a second great room. Best of all, it opens directly to your backyard oasis complete with a covered porch, in-ground pool, luxurious in-ground hot tub, and play area, all surrounded by mature trees for maximum privacy. Custom hand-forged architectural metalwork can be found throughout the home, all created by Kentucky's own Meynard Studios, an award-winning husband and wife blacksmith team known for their extraordinary craftsmanship. Modern efficiency is built in with a Geo-Thermal system, tankless water heaters, spray foam insulation, and setup for three EV charging stations in the garage. A three-car garage and generous parking court round out the home. This property is truly one of a kind. Every detail was considered, and no expense was spared. If you are looking for a home that combines luxury, privacy, and character in Louisville's premier neighborhood, this is it.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
Norton Elementary SchoolGrades K-51.6 mi
4/10
Kammerer Middle SchoolGrades 6-82.8 mi
8/10
Ballard High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Brick Veneer,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Breakfast Room

  • Level: First

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Number of fireplaces: 5
  • Fireplace: Yes
  • Finished area below ground: 3,184
  • Finished area above ground: 7,134

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Great Room

  • Level: Basement

Heating & Cooling

  • Heating features: Geothermal
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,134
  • Total interior livable area: 10,318 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Library

  • Level: First

Living Room

  • Level: First

Mud Room

  • Level: First

Office

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 364900330000

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.69 Acres
  • Features: Covt/Restr,Storm Sewer

Parking

  • Total spaces: 3
  • Parking features: Entry Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Cold Wave
Heat Wave
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$1,181$14,172
Property Taxes $2,981$35,772
Electricity $814$9,777
Total$20,120$241,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$689,828/yr
40% on housing$603,600/yr
45% on housing$536,533/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 40059$276
Jefferson County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 40059$213
Jefferson County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$2,995,000
2026-04-01Listing removed$2,995,000
2025-11-18Price change$2,995,000
2025-09-03Listed for sale$3,195,000
2025-08-23Listing removed$3,195,000
2025-07-11Price change$3,195,000
2025-06-13Price change$3,295,000
2025-05-16Listed for sale$3,495,000
2025-03-01Listing removed$3,498,000
2024-11-15Price change$3,498,000
2024-08-30Listed for sale$3,995,000
2010-10-20Sold$410,000

For Sale by Agent

AgentSam Stone
BrokerageLenihan Sotheby's Int'l Realty

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