See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3

5901 Ruby Falls Dr, Prospect, KY, 40059

3beds
3baths
2,893sqft
$709,830
$245price/sqft
$4,599/moest. monthly cost
$183,960/yrincome needed

About This Home

New construction in the highly sought-after Sanctuary Falls community featuring the beautifully designed Mayfield ranch floor plan with a finished walk-out basement, covered deck, and extensive luxury upgrades throughout. This thoughtfully designed home offers 9' first-floor ceilings and an open-concept layout centered around a dramatic great room with a hip-vault tray ceiling, fireplace with designer tile surround, and transom windows that flood the space with natural light. The great room also includes a 7' rear extension, creating even more functional living and entertaining space. The deluxe kitchen is appointed with Carrara Miksa quartz countertops, upgraded cabinetry with 42" upper cabinets, large island, serving station with additional cabinetry, vertical tile backsplash, gas cooktop, wall oven, cabinet microwave, composite undermount sink, and satin bronze hardware - combining style and functionality. The primary suite offers a private retreat with a curbless luxury tile shower with tile to the ceiling, frameless glass enclosure, handheld shower with additional valve, raised double vanity, and quartz countertops. A secondary bedroom and den with serving station on the main level provide flexibility for guests, office, or hobby space. The finished walk-out basement expands the home with a large recreation room, bedroom, and full bath, plus unfinished storage areas for future needs or organization. Outdoor living includes a covered rear deck, irrigation...

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

8/10
Norton Commons ElementaryGrades PK-51.2 mi
4/10
Kammerer Middle SchoolGrades 6-84.7 mi
8/10
Ballard High SchoolGrades 9-124.9 mi

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: Elite Homes

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total interior livable area: 2,893 sqft

Property

Features

  • Levels: 1.0
  • Stories: 1

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2

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 $3,589$43,068
Home Insurance *$280$3,360
Property Taxes $502$6,024
Electricity $228$2,741
Total$4,599$55,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,680/yr
40% on housing$137,970/yr
45% on housing$122,640/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

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 40059$277
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
2026-02-26Listed for sale$709,830
2026-02-17Listing removed$536,900
2026-02-01Price change$536,900
2025-10-03Price change$535,900
2025-08-04Price change$534,900
2025-07-08Price change$533,900
2025-04-01Price change$531,900
2025-03-04Price change$526,900
2025-02-28Price change$525,900
2025-01-10Price change$524,900
2024-11-12Price change$523,900
2024-10-18Listed for sale$522,900

New Construction Spec

BrokerageElite Homes

Similar Homes