Residential Development Land
For Sale
$44,500
Pending
501 Clifton Avenue, Frankfort, KY 40601
LAND - Frankfort, KY
Lot Size1.80 Acres
Days on Market21
Property Features for 501 Clifton Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
R-1
Zoning description
Listed as "RC" on the zoning Map
Subdivision
Thornhill
Lot features
Cleared, Rolling Slope, Wooded
Directions
Property is located to the left of the gates of Fort Hill Park. There are several ways to access the property. From Wilkinson Boulevard (near Buffalo Trace), turn onto Oaklawn Drive. Follow Oaklawn to Riley Road. Turn left onto Riley Road, right onto Belair Drive, left onto Greenup Drive, and right onto McCreary, which runs into Clifton Avenue. Turn right onto Clifton, and the property will be located on your left.
Standard status
Pending
APN
074-00-00-035.00
Lot size
1.80 Acres
Listing Agency:
Marshall Lane Real Estate
(502) 682-1226
Listed By:
Kristy Leigh Tolson · License #222838
(859) 312-4231
Added: Jul 11
Changed: Jul 21
Last Checked: Jul 31 at 12:06AM
MLS# 26017695
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a residential development land parcel zoned R-1 in Frankfort, Kentucky. The property includes a mix of flat areas suitable for building and a sloped, tree-covered hillside that offers natural privacy. Part of an original foundation remains on site, and an artist’s rendering of a former residence is included with the listing materials.
Utilities are available nearby for connection. Prospective buyers are encouraged to verify zoning and permitted uses with the local Planning & Zoning office.
The land offers a varied topography, with buildable flat portions and a hillside component, providing flexibility for how a future home plan may be sited on the lot.
Utilities are available nearby for connection. Prospective buyers are encouraged to verify zoning and permitted uses with the local Planning & Zoning office.
The land offers a varied topography, with buildable flat portions and a hillside component, providing flexibility for how a future home plan may be sited on the lot.
Key Highlights
- 1.8‑acre property on the Bourbon Trail near Historic Fort Hill
- Flat areas suitable for building paired with a sloped, tree‑covered hillside for natural privacy
- Utilities available nearby for connection
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 40601, KY
52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residentially zoned land with flat buildable areas and a tree-covered hillside, utilities available nearby.
Where is this residential land & home lot located?
The property is located at 501 Clifton Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $44,500.
What are key features of this property?
This property features: 1.8‑acre property on the Bourbon Trail near Historic Fort Hill; Flat areas suitable for building paired with a sloped, tree‑covered hillside for natural privacy; Utilities available nearby for connection
