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556 Tristan Ln, Florence, KY, 41042

2beds
2baths
1,467sqft
$284,900
$194price/sqft
$1,933/moest. monthly cost
$77,320/yrincome needed

About This Home

2 Bedroom, 2 Bath Second Level Condo. The welcoming Teton plan offers open, spacious condo living on the second floor. Upon entering this home, view an open arrangement of the kitchen with serving island, dining area and roomy family room. You will be able to enjoy quiet outdoor living during the warmer months on your private covered deck. The primary suite and bath will be a quiet oasis for you to relax and unwind. A convenient laundry room is located near the primary bedroom. And a second bedroom is adjacent to a full bath.

Getting Around

1
WalkingCar-Dependent
15
TransitMinimal Transit
16
BikeSomewhat Bikeable

Schools

3/10
2/10
4/10
Boone County High SchoolGrades 9-122.7 mi

Construction

Condition

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

Other

  • Builder name: Drees Homes

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,467 sqft

Property

Features

  • Levels: 1.0
  • Stories: 1

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
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 $1,440$17,280
Home Insurance *$140$1,680
Property Taxes $199$2,388
Electricity $154$1,850
Total$1,933$23,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,274/yr
40% on housing$57,990/yr
45% on housing$51,546/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: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 41042$164
Boone County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 41042$188
Boone County$182

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
2026-05-10Price change$292,900
2026-05-01Price change$297,900
2026-04-08Price change$300,400
2026-01-24Price change$305,400
2026-01-04Listed for sale$307,900

New Construction Spec

BrokerageDrees Homes

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