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50 Spendthrift St, Frankfort, KY, 40601

5beds
4baths
5,823.75sqft
$999,900
$172price/sqft
$6,915/moest. monthly cost
$276,600/yrincome needed

About This Home

This spectacular custom-built home is located in the gated Two Creeks Subdivision, a private community within the Frankfort Country Club. This meticulously maintained property sits on a quiet, low-traffic street and backs up to peaceful farmland, offering exceptional privacy. The main level showcases a formal living and dining room, a spacious great room with custom built-ins, a wet bar, and a gas fireplace, as well as a private office and a large gourmet kitchen. The kitchen features a vaulted breakfast area, an eat-in bar, a GE Advantium convection speed cook and microwave oven combination, and a gas cooktop. Additional highlights include a charming sunroom/screened-in porch, a laundry room, and two bedrooms, one of which is a generous primary suite featuring dual walk-in closets and a luxurious en-suite bath. Upstairs features a beautifully crafted banister overlooking the great room. On either side of the home are two additional bedrooms, each with its own walk-in closet and a full bathroom complete with a tiled shower. The finished walk-out basement, boasting 9½-foot ceilings, is perfect for entertaining and relaxation. It includes a spacious family room with a gas fireplace, full bar, game area, full bathroom, and a large bedroom with exterior access. A standout feature is the lower covered patio, which opens to a stunning 18-by-36-foot saltwater pool, ideal for outdoor enjoyment in a peaceful, private setting. Additionally, there is a generous 1,100 sq. ft. mechanical and storage room complete with built-in shelving. Additional features include a 3-car garage, irrigation system with agricultural water meters and multiple spigots, central vacuum system, two dual-fuel heating and cooling systems, outdoor space pre-wired for an electric dog fence, and extensive professional landscaping. This is a truly exceptional home situated in one of Frankfort's most desirable communities.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

4/10
Hearn Elementary SchoolGrades 1-50.8 mi
5/10
Elkhorn Middle SchoolGrades 6-81.4 mi
5/10

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Concrete Perimeter
  • Roof: Dimensional Style
  • Construction materials: Brick Veneer,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Double Oven,Dishwasher,Microwave,Refrigerator,Trash Compactor,Cooktop
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Concrete,Finished,Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bathroom3

  • Level: Second

Bathroom4

  • Level: Lower

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: First

Dining Room

  • Level: First

Family Room

  • Level: Lower

Family Room

  • Level: Lower

Features

  • Breakfast Bar,Central Vacuum,Entrance Foyer,Eat-in Kitchen,In-Law Floorplan,Wet Bar,Walk-In Closet(s),Ceiling Fan(s)
  • Window features: Insulated Windows,Window Treatments,Blinds,Screens
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Basement,Gas Log,Gas Starter,Great Room,Masonry
  • Fireplace: Yes
  • Finished area below ground: 1,669
  • Finished area above ground: 4,154

Foyer

  • Level: First

Foyer

  • Level: First

Great Room

  • Level: First

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Electric,Heat Pump,Natural Gas,Dual Fuel
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 5,823
  • Total interior livable area: 5,823 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Office

  • Level: First

Recreation Room

  • Level: Lower

Recreation Room

  • Level: Lower

Utility Room

  • Level: First

Property

Details

  • Parcel number: 0854006063.00

Features

  • Levels: Three Or More
  • Private pool: Yes
  • Pool features: In Ground
  • Fencing: Invisible,Other,Partial
  • Has view: Yes
  • View description: Trees/Woods,Neighborhood

Lot

  • Lot size: 0.62 Acres
  • Features: On Golf Course,Secluded,Wooded

Parking

  • Total spaces: 3
  • Parking features: Attached Garage,Driveway,Garage Door Opener,Off Street,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
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 $5,056$60,672
Home Insurance *$556$6,672
Property Taxes $844$10,128
Electricity $459$5,518
Total$6,915$82,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$237,085/yr
40% on housing$207,450/yr
45% on housing$184,400/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 40601$139
Franklin County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 40601$153
Franklin County$144

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)

No zestimate history available

Price History

DateEventPrice
2026-04-01Price change$999,900
2025-11-13Price change$1,150,000
2025-06-14Listed for sale$1,250,000

For Sale by Agent

AgentBeth Brock
BrokerageCENTURY 21 Simpson & Associates

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