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2886 Frankfort Rd, Georgetown, KY, 40324

4beds
2baths
1,640sqft
$325,000
$198price/sqft
$2,103/moest. monthly cost
$84,120/yrincome needed

About This Home

Nestled on 3 beautiful acres in the heart of Kentucky horse country, this charming farmhouse offers an incredible opportunity just minutes from the Kentucky Horse Park. Whether you're looking for an investment property, horse show seasonal rental, farmhand housing, boarding operation, or a primary residence with character and potential, this property checks all the boxes.Currently configured as two rental units, the home offers over 1,600 square feet of living space featuring 4 bedrooms, 2 full baths, 2 living areas, and 2 kitchens, providing flexibility for multi-family living, rental income, or guest accommodations. The property also includes a barn/storage facility and paddock, making it ideal for equestrian use or hobby farming. With endless possibilities and a highly desirable location, this is a rare opportunity to create something truly special. Call today to schedule your private showing.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

7/10
9/10
6/10

Construction

Materials

  • Foundation: Block
  • Roof: Dimensional Style
  • Construction materials: Metal Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial,Walk-Up Access

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bathroom3

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,640

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 1,640
  • Total interior livable area: 1,640 sqft

Kitchen

  • Level: First

Kitchen

  • Level: First

Living Room

  • Level: Lower

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 08610001.00

Features

  • Levels: One
  • Fencing: Wood
  • Has view: Yes
  • View description: Rural,Trees/Woods,Farm
  • Horses can be raised: Yes

Lot

  • Lot size: 3.10 Acres
  • Features: Secluded,Many Trees

Parking

  • Parking features: Driveway
  • 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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
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 $1,643$19,716
Home Insurance *$138$1,656
Property Taxes $168$2,016
Electricity $154$1,850
Total$2,103$25,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,102/yr
40% on housing$63,090/yr
45% on housing$56,080/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: 12.0%
12.0%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 40324$189
Scott County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 40324$188
Scott County$189

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
2026-08-12Pending sale$325,000
2026-08-03Price change$325,000
2026-06-18Price change$375,000
2026-05-15Listed for sale$399,900
2014-04-10Sold$133,892
2008-01-16Sold$189,900

For Sale by Agent

AgentChad Adams
BrokerageLifstyl Real Estate

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