4901 Ranchland Dr,Louisville, KY 40216
Louisville, KY 40216
Description
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.
Details
| MLS # | 1726851 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1951 |
| Days On Site | 46 |
| Listing Provided By | EXP Realty LLC | Jonathan D Klunk |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,227 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.35 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40216 |
| Area | 04 Pleasure Rdg | Valley Station | Shively |
| Community Name | LEWISTON PLACE |
| School District | Jefferson |
| High School | Jefferson |
| Listing VS Median (in LEWISTON PLACE) | |
Price: $140,000 low | high Med: $167,500 sqft: 2,227 low | high Med: 952 $ / sqft: $63 low | high Med: $176 On site: 46 low | high Med: 3 | |
Market Activity 40216
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40216 |
| Area | 04 Pleasure Rdg | Valley Station | Shively |
| Community Name | LEWISTON PLACE |
| School District | Jefferson |
| High School | Jefferson |
| Listing VS Median (in LEWISTON PLACE) | |
Price: $140,000 low | high Med: $167,500 sqft: 2,227 low | high Med: 952 $ / sqft: $63 low | high Med: $176 On site: 46 low | high Med: 3 | |