#25013160, Listing office: Kentucky Land and Home
Property details
About 205 Preston Way
Welcome to this beautifully crafted home, perfectly situated to capture breathtaking rural views. With a blend of classic charm and modern farmhouse design, this home offers a tranquil retreat from the hustle and bustle of city life. Boasting a screened porch, a brick exterior, a cozy fireplace, and a large yard, this property is designed for both relaxation and entertainment.It is truly a special place that you will want to call your own. Don't miss the chance to make this dream property a reality.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingElectric
Lot size0.39 Acres
Year built1975
ParkingDriveway
MLS #25014008
FireplaceLiving Room, Gas Fireplace
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Water Heater, Refrigerator, Range, Microwave
- Basement: No
- Flooring Type: Laminate, Vinyl
- Interior: Dining Area, Primary First Floor, Bedroom First Floor, Ceiling Fan(s)
- Fireplace: Living Room, Gas Fireplace
- Total Bedroom Count: 3
- Parking: Driveway
- Exterior: Patio, Porch
- Architectural Style: Ranch
- Heating: Electric
- Cooling: Electric
- List Price: $240,000
- Annual Tax Amount: $1,238
- Tax Year: 2023
- Directions: * I-64 W, follow signs for Frankfort/Louisville* Take exit 58 for US-60 toward Versailles/Frankfort* Use the right lane to merge onto US-60 W* Use right lane to take the US-127 N ramp to Owenton and turn left onto US-127* Turn right onto Owenton Rd* Turn right onto James Way* Turn right onto Preston Way
- Year Built: 1975
- Stories: 1
- Lot Size: 0.39 Acres
- MLS Number: 25014008
- Office Name: Woods Realty Group
- Office Phone: (859) 644-5077
- Office Email: woodsrealtygroup@yahoo.com
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 6:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 04, 2023 | Home Sold | $200,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $150,000 | $1,238 |
| 2021 | $100,000 | $713 |
| 2020 | $80,000 | $- |
| 2018 | $80,000 | $- |
| 2017 | $80,000 | $491 |
History based on county public records data.
Nearby schools
3
Peaks Mill Elementary School
Public District 1-5
1.8 mi
•100 Peaks Mill Rd
2
Elkhorn Elementary School
Public District 1-5
3.1 mi
•928 E Main St
4
Hearn Elementary School
Public District 1-5
4.5 mi
•300 Copperleaf Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,214. The most common annual income of people living in Frankfort, KY is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
23%
<35k
49%
35k-100k
27%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
13%
Single, with Kids
32%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Frankfort, KY
Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.
The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.
Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.
Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.
About 205 Preston Way
The listing price of 205 Preston Way property is $240,000.
The property 205 Preston Way is a house located in Frankfort, Kentucky, 40601.
Accepting Backup Offers: 205 Preston Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 205 Preston Way are: Peaks Mill Elementary School (GreatSchools Rating 3/10), Elkhorn Elementary School (GreatSchools Rating 2/10), Hearn Elementary School (GreatSchools Rating 4/10), Elkhorn Middle School (GreatSchools Rating 3/10), Second Street School (GreatSchools Rating 4/10), Bondurant Middle School (GreatSchools Rating 4/10), Franklin County High School (GreatSchools Rating 5/10), Frankfort High School (GreatSchools Rating 5/10), Western Hills High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,238 (source: MLS/based on county public records data).
The last sale was on May 4, 2023 for $200,500 (source: MLS/tax record).
The property at 205 Preston Way has 3 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 205 Preston Way is 1975.
This home is located at 205 Preston Way in Frankfort, KY and zip code 40601. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $240,000.
Frankfort, KY housing market in June 2025 saw over 10 listings sold above listed price, more than 11 sold at listed price and over 31 sold below. In June 2025 in Frankfort, KY there were 8.4% more homes for sale than in May. While the average time on the market in June 2025 was 48 days, the median list price was $246,000.
From Rocket Homes Real Estate and based on county public records data.