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205 Grandview Dr, Frankfort, KY, 40601

4beds
7baths
9,476sqft
$1,150,000
$121price/sqft
$7,902/moest. monthly cost
$316,080/yrincome needed

About This Home

Live/Work Opportunity. Zoned CL-Limited Commercial. The main retail level features +/- 4,000 commercial space with two half baths and a large parking lot. Current tenant has rented the space for 12 years. The main residence level includes a two-car garage, foyer, dual stairs and a newer elevator (2024) to service the second floor of the residence. The second level residence includes an upper foyer, living room, dining room, eat-in kitchen, family room and 4 bedroom suites with adjacent private baths and walk-in closets. The home also has a half bath, covered front and back porches, and an external ramp to the ground level.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

4/10
5/10
Elkhorn Middle SchoolGrades 6-80.5 mi
5/10

Construction

Materials

  • Foundation: Concrete Perimeter
  • Roof: Dimensional Style
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Refrigerator,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom1

  • Level: Second

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bathroom4

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 7
  • Full bathrooms: 4
  • 1/2 bathrooms: 3

Dining Room

  • Level: Second

Family Room

  • Level: Second

Features

  • Breakfast Bar,Entrance Foyer,Eat-in Kitchen,Elevator,Walk-In Closet(s)
  • Window features: Window Treatments,Blinds
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 9,476

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Electric,Zoned

Interior Area

  • Total structure area: 9,476
  • Total interior livable area: 9,476 sqft

Kitchen

  • Level: Second

Living Room

  • Level: Second

Master Bedroom

  • Level: Second

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Accessible Bedroom,Accessible Central Living Area,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Elevator Installed,Accessible Entrance,Accessible Full Bath,Accessible Hallway(s),Accessible Kitchen,Safe Emergency Egress from Home

Details

  • Parcel number: 0852107001.00

Features

  • Fencing: Chain Link

Lot

  • Lot size: 0.51 Acres
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Door Opener,Off Street,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
  • 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
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 $5,815$69,780
Home Insurance *$640$7,680
Property Taxes $699$8,388
Electricity $748$8,980
Total$7,902$94,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$270,925/yr
40% on housing$237,060/yr
45% on housing$210,720/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 40601$140
Franklin County$142

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)

Price History

DateEventPrice
2026-07-24Price change$1,150,000
2026-06-23Listed for sale$1,200,000

For Sale by Agent

AgentBrent D Simpson
BrokerageCENTURY 21 Simpson & Associates

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