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4000 Paramont Commons Blvd, Prospect, KY, 40059

5beds
5baths
4,300sqft
$1,399,000
$325price/sqft
$9,036/moest. monthly cost
$361,440/yrincome needed

About This Home

New construction in The Reserve at Paramont is set on a 1.1-acre lot in desirable Oldham County. The first and second floors offer over 4,300 square feet of finished living space, with the potential to exceed 6,000 square feet if the unfinished basement is completed. An oversized four-car garage (25 feet deep) offers two separate two-car doors, providing ample space for vehicles, storage, or a workshop. A covered front porch welcomes you into the main level, featuring a spacious great room that opens to a well-designed kitchen with a coffee bar and large walk-in pantry. The adjoining dining area is filled with natural light and offers access to a rear covered porch. The primary suite provides a private retreat with an en suite bath featuring radiant-heated tile flooring and a walk-in closet. One of two laundry rooms, a half bath, and a mudroom entry from the garage complete the main level. Upstairs, you'll find four bedrooms plus a large bonus room with two closets, offering flexibility for a potential sixth bedroom, along with three full baths (two en suite) and a second laundry room. The entire property will include irrigation system coverage. Located within award-winning Oldham County schools and offering access to Paramont's clubhouse, indoor pool, fitness center, playground, and swimming quarry, this home offers generous space, flexibility, and access to neighborhood amenities in a sought-after setting.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

8/10
9/10
10/10
North Oldham High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Cement Siding,Wood Frame,Brick Veneer,Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Den

  • Level: Second

Dining Room

  • Level: First

Features

  • Open Floorplan
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,300

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Great Room

  • Level: First

Half Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 4,300
  • Total interior livable area: 4,300 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Laundry

  • Level: Second

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 0513P0119

Features

  • Stories: 2
  • Pool features: Association
  • Patio & porch: Patio,Porch
  • Fencing: None

Lot

  • Lot size: 1.11 Acres
  • Features: Sidewalk

Parking

  • Total spaces: 4
  • Parking features: Attached,Entry Side
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Inland Flooding
Ice Storm
Lightning
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 $7,074$84,888
Home Insurance *$551$6,612
Property Taxes $1,072$12,864
Electricity $339$4,074
Total$9,036$108,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$309,805/yr
40% on housing$271,080/yr
45% on housing$240,960/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

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 40059$276
Oldham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 40059$213
Oldham County$185

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
2026-08-12Price change$1,375,000
2026-07-06Price change$1,399,000
2026-05-14Listed for sale$1,420,000

For Sale by Agent

AgentJoseph E Simms
Brokeragesimpler.realestate

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