585 Phillips Rd Falmouth, KY 41040
Property details
About 585 Phillips Rd
Discover your dream home nestled on 48.5 acres that joins the Licking River, where rustic charm meets contemporary elegance*Renovated property ( 100k ) offers a perfect blend of country living and modern amenities*Step inside to find a beautifully transformed first floor, featuring brand-new flooring and trim that exude warmth and style*The heart of this home is the stunning kitchen with custom 9' island, butcher block countertops, and a deep farm sink—perfect for culinary enthusiasts* New kitchen cabinets, dishwasher, and stove, this space is designed for both functionality and flair*The open-concept living area flows seamlessly, creating an inviting atmosphere for relaxation and entertaining*Enjoy the abundance of natural light streaming through new Jeld-Wen windows, enhancing the home's airy feel*1st floor Master*Fresh paint lighting throughout the home add to its sophisticated charm*The master suite promises a serene escape, complemented by the convenience of first-floor laundry and a stylish half bath for guests. With over $100k in renovations*There is also a nice sized barn on the property to store all your equipment and toys*Land Can Be Logged For 100k in profit
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Stainless Steel Appliance(s), Electric Oven, Electric Range, Dishwasher, Refrigerator
- Basement: Yes
- Flooring Type: Concrete
- Interior: Kitchen Island, Storage, Eat-in Kitchen, Beamed Ceilings, Ceiling Fan(s)
- Fireplace: Brick, Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: Carport, Driveway
- View: Trees/Woods, Valley
- Architectural Style: Chalet
- Heating: Heat Pump, Electric
- Cooling: Central Air
- List Price: $550,000
- Price/SqFt: $289
- Annual Tax Amount: $2,452
- Tax Year: 2023
- Lot: Cleared, Creek, Level, Rolling/Hilly, Sloped, Waterfront
- Directions: US 27 South to Left on Bishop Ridge. Straight at 4 way stop. 1st right (almost straight) onto Phillips Road. Property starts where blacktop ends. Follow to end.
- Living Area: 1,900 SqFt
- Lot Size: 48.5 Acres
- MLS Number: 632070
- MLS Name: Northern Kentucky Multiple Listing Service
- Office Name: Keller Williams Realty Services
- Office Phone: (859) 240-0727
- Office Email: mrottinghaus@kw.com
- Listing Agent: The Vories Team
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Last updated on: 5/7/2025, 4:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
585 Phillips Rd
$6,531
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 09, 2022 | Home Sold | $331,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $190,100 | $2,452 |
| 2021 | $58,600 | $790 |
| 2020 | $58,600 | $799 |
| 2019 | $58,600 | $810 |
| 2018 | $58,950 | $292 |
| 2017 | $58,950 | $286 |
History based on county public records data.
Nearby schools
4
Southern Elementary School
Public District PK-5
4.9 mi
•320 Fairgrounds Rd
4
Taylor Elementary School
Public District PK-5
12.6 mi
•140 Gibson Dr
7
Northern Elementary School
Public District PK-5
13.0 mi
•925 Highway 177 E
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 $47,102. Typical income of Falmouth, KY residents is less than $<35k annually. Most families are married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Dodge
Ram
Chevrolet
What do the neighbors listen to?
Country- Classic Country
New Country
Frequently asked questions
About 585 Phillips Rd
The listing price of 585 Phillips Rd property is $550,000.
The property 585 Phillips Rd is a house located in Falmouth, Kentucky, 41040.
Active Listing: 585 Phillips Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 585 Phillips Rd are: Southern Elementary School (GreatSchools Rating 4/10), Taylor Elementary School (GreatSchools Rating 4/10), Northern Elementary School (GreatSchools Rating 7/10), Phillip Sharp Middle School (GreatSchools Rating 2/10), Bracken County Middle School (GreatSchools Rating 7/10), Williamstown Jr. High School (GreatSchools Rating 4/10), Pendleton County High School (GreatSchools Rating 4/10), Bracken County High School (GreatSchools Rating 3/10), Williamstown Sr. High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,452 (source: MLS/based on county public records data).
The last sale was on February 9, 2022 for $331,500 (source: MLS/tax record).
The property at 585 Phillips Rd has 3 bedrooms and 2 full and 1 half bathrooms.
The property 585 Phillips Rd is 1,900 SqFt (source: MLS/tax record).
This home is located at 585 Phillips Rd in Falmouth, KY and zip code 41040. This 1,900 square foot home sits on a 48.50 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $550,000.
In April 2025 in Falmouth, KY there were 55.6% more homes for sale than in March. In April 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $169,900.