$1,500,000 Price Analysis    ♡   Louisville, KY 40291 Unknown bed None bath 2,251 SqFt ($666/SqFt) Built 1966 Listed 2024-05-17 | Ⓧ USDA Ineligible due to price & location near Louisville |
Incredible rare find in the heart of Fern Creek!
Over 6 rolling creek side acres than includes a rare opportunity with 5 homes one property. Great for Investor or someone looking for a exceptional Airbnb opportunity with some work and planning. 2 of the 5 homes are currently rented and 1 is owner occupied. The details of this listing relates to owner occupied Owner's residence. (home #1) --Home #5 has great history, parts of which date back to the 1800's, with pretty stone, original wood trim, a 1-2 br, 1 bath home with a 1 car garage, central air. Home # 4 is 2 br, 1bth, central air, 1 car garage ( former office of the honorable order of KY colonels), Home #3 currently rented 2 br, 1 bath, cathedral ceiling, central air, storage and currently rented at 825 month (could be raised). Home #2 1 bedroom, 1 bath, central air and currently rented. Strategic Location: Business and Pleasure Situated a mere six miles from the Watterson Expressway and three miles from the Gene Synder, the estate offers easy access to the cty while providing a tranquil country setting in the middle of bustling Fern Creek.
It's an ideal spot for corporate retreats, offering businesses a unique venue for team-building and strategy sessions in a peaceful environment. These homes, dating back to the late 1800s, offer guests a chance to step back in time. Whether utilized for themed vacation rentals, long-term leases or as intimate business retreats, these cottages provide a steady stream of income with their charm and historical significance. Diverse Revenue Streams: Your Financial Foothold With five separate homes on the property, the estate is a multi-faceted investment that can cater to various market needs. From short-term vacation stays to long-term rentals, the potential for revenue is as vast as the estate itself. Natural Haven: A Wildlife Retreat The property's rolling hills and creek are not a backdrop but a sanctuary for deer and other wildlife, adding to the allure for guests and residents alike. This natural setting provides a picturesque escape from the hustle and bustle of city life. A Rare Opportunity: Invest in a Legacy 5737 S Watterson Trail is more than an estate; it's a piece of history, a business venture and a personal retreat all in one. This estate is not a collection of homes; it's a community, a destination and a lifestyle. Make 5737 S Watterson Trail the cornerstone of your investment portfolio and watch as it grows into a prosperous future.
Presented by Matthew Hoagland at
RE MAX Premier Properties.
Property MLS #1661134 from Louisville
Heating Features: Forced Air, Natural Gas
Heating: Yes
Lot Size Dimensions: .
Parking Total: 2
Source Listing Status: Active
County: Jefferson
Directions: Head South on Bardstown Road. Turn right on Hurstbourne Lane and then right again on Watterson Trail. Pass the hidden entrance sign and enter the property on the right side of the road, across the bridge going over the creek.
Source Property Type: MultiFamily
Area: 06-Buchel/Hghvw/okolona/FernCreek
MLS Area Minor: 06-Buchel/Hghvw/okolona/FernCreek
Source Neighborhood: 06-Buchel/Hghvw/okolona/FernCreek
Parcel Number: 062700260000
Property Subtype: Quadplex
Lot Number: 26
Source System Name: C2C
$1,500,000
Louisville
Year Built: 1966
Above Grade Finished Area: 2251
Building Area Total: 2251
Building Exterior Type: Wood Frame, Vinyl Siding, Brick, Stone
Construction Materials: Wood Frame, Vinyl Siding, Brick, Stone
Property Age: 58
Roof: Shingle
Total Area Sqft: 2251
Architectural Style: Traditional
City Water
Electricity Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.