4901 Ranchland Dr
Louisville, KY, 40216 $ 140,000
Bedrooms3 Baths1.0 Sq 2,227 Monthly Estimate*
$ 884
for $140,000 with 3 bedrooms and 1 full bath. This 2,227 square foot home was built in 1951 on a lot size of 0.35.
INVESTOR / REHAB OPPORTUNITY | CASH OR HARD MONEY All-stone construction, a generous corner lot, abundant natural light, multiple outdoor spaces, and a detached two-car garage give this 1.5-story home a strong foundation for renovation. Located on a quiet street in PRP with great neighbors, the property offers 3 bedrooms, 1 full bath, a large side porch, good-sized front and side yards, a full wood privacy fence, an above-ground pool, and an unfinished basement that could remain utility/storage space or potentially be finished as part of a larger renovation. This is a distressed property and should be evaluated accordingly. Per the Seller Disclosure, a prior water leak resulted in mold in the basement and portions of the first floor. Mold remediation and additional repair work will be required. The above-ground pool also needs maintenance. Due to the current condition, this will most likely require a cash or hard-money purchase. For the right buyer, the opportunity is clear: remediate, renovate, and reposition the property as a primary residence, rental, or resale project. Estimated ARV is approximately $230,000+, depending on renovation scope, finishes, and future market conditions. The sale is subject to lender approval. Please submit your strongest offer for lender consideration. A property tour video is available and should be viewed before scheduling a showing so buyers can understand the current condition. Buyers who are sensitive to mold or allergens should consider appropriate protective measures when entering the property. With its charming stone exterior, corner setting, privacy-fenced yard, detached garage, multiple outdoor spaces, quiet location, and renovation upside, there is a lot here to work with for an investor or buyer prepared to take on the remediation and improvements.
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FeaturesGeneralHeating Forced Air
Cooling Central Air
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Garage Spaces 2
Architectural Style Cape Cod
Construction Materials Wood Frame Stone
Year Built 1951
Stories Count 2
Property Subtype Single Family Residence
County Jefferson
Property Type Residential
HOA false
Attached Garage false
Subdivision Name LEWISTON PLACE
Garage Y/N true
Other Structures Garage(s)
Total Rooms 8
Full Baths 1
Status Active Under Contract
Directions Dixie Hwy to Lewiston Dr. Home is on corner lot of Lewiston and Ranchland Dr.
City Louisville
High School District Jefferson
MLS Area 04-Pleasure Rdg/Valley Station/Shively
Lot Size Units Acres
Lot Size Square Feet 15111
MLS Area Minor 04-Pleasure Rdg/Valley Station/Shively
Standard Status Active Under Contract
Tax Lot 0115
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InteriorBasement Unfinished
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1299
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 928
Total Baths 1
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ExteriorFencing Other Privacy Full Wood
Parking Features Off Street Detached Driveway
Lot Features Corner Lot Cleared
Water Source Public
Lot Size Area 0.35
Building Area Total 1299
Lot Size Acres 0.35
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* Excluded FeaturesList Byjonathan@gokeysource.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $884
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Louisville, KY
Average List Price $356,043
Percent of Sale Price 154%
About Louisville, KY 240,969 Population
-5% Since 2002
$ 37,029 Median Income
37.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/20/2026 | $140,000 | | Listed Price |