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505 Johnson Road, Frankfort, KY 40601

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For Sale

$1,749,000

4 beds • 4 baths • 1 half baths • 5,795 sqft

Estimated Payment

$ 9,084 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • $301.81
    Price per square foot

Explore this Property

35±acres with 570' of Kentucky River frontage with 2 residences including a newly renovated 5795sqft home. this property is a must see! Possibility to divide. The spacious, ranch style main residence features 4 bedrooms, 4.5 bathrooms, modern kitchen with stainless appliances and a large island that opens up to a living room with built-in sound system. Other amenities include theater room with built-in surround sound, great room with vaulted ceiling and wood beam accents, primary suite with large walk in closet and large double vanity bathroom with tile shower and soaking tub. In the basement is a game room, 2 car garage, and large unfinished storage or exercise room. The second residence contains 3 bedrooms, 1.5 baths and has been newly renovated with LVP flooring, stainless kitchen appliances, and granite countertops. In addition to the Kentucky River frontage, there is a pond with with a cool building and deck that would be great for fishing or outdoor entertainment. Farm amenities include a large stock barn and 6 bent tobacco barn in excellent condition. This is a very unique Property with easy access to Downtown Frankfort Kentucky.
MLS# 25001645

Courtesy Of Biederman Real Estate

(859) 277-2030

Property Features

  • Architecture Style
    Ranch
  • Heating System
    Heat Pump
  • Lot Size
    35.96 Acres
  • View Type
    Water

Map and Directions

Directions to 505 Johnson Road, Frankfort, KY 40601

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $9,084
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $9,084

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Collins Lane

Grades PK-5 Public School

Frankfort, KY 40601 2 miles
1 cougar ln

496 total students
15:1 Student teacher ratio

School Rating: C

School Details

Bondurant Middle School

Grades 6-8 Public School

Frankfort, KY 40601 2.8 miles
Bondurant dr

642 total students
16:1 Student teacher ratio

School Rating: C-

School Details

Western Hills High School

Grades 9-12 Public School

Frankfort, KY 40601 2.8 miles
100 doctors dr

861 total students
19:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
Capital Day School 2.1 miles Private PK-8
The Academy 2.1 miles Public 6-12
Panther Transition Academy 2.4 miles Public 9-12
Frankfort High School 2.4 miles Public 9-12 C+
Early Learning Village 2.5 miles Public PK-KG
Bridgeport Elementary School 2.6 miles Public PK-5 C+
Second Street School 2.7 miles Public KG-8 C-
Frankfort Early Learning Academy 2.7 miles Public PK
Good Shepherd Catholic School 2.9 miles Private KG-8
The Frankfort Christian Academy 3 miles Private PK-12
Hearn Elementary School 3.1 miles Public 1-5 C-
Elkhorn Elementary School 3.4 miles Public 1-5 D
Elkhorn Middle School 3.6 miles Public 6-8 D
Westridge Elementary School 3.7 miles Public PK-5 C
Franklin County High School 3.7 miles Public 9-12 C+
Franklin County Career And Technical Center 3.8 miles Public 9-12
Frankfort Career Development Center 3.8 miles Public UG

Capital Day School

Distance: 2.1 miles

Type Private

Grades: PK-8

The Academy

Distance: 2.1 miles

Type Public

Grades: 6-12

Panther Transition Academy

Distance: 2.4 miles

Type Public

Grades: 9-12

Frankfort High School

Distance: 2.4 miles

Type Public

Grades: 9-12

C+

Early Learning Village

Distance: 2.5 miles

Type Public

Grades: PK-KG

Bridgeport Elementary School

Distance: 2.6 miles

Type Public

Grades: PK-5

C+

Second Street School

Distance: 2.7 miles

Type Public

Grades: KG-8

C-

Frankfort Early Learning Academy

Distance: 2.7 miles

Type Public

Grades: PK

Good Shepherd Catholic School

Distance: 2.9 miles

Type Private

Grades: KG-8

The Frankfort Christian Academy

Distance: 3 miles

Type Private

Grades: PK-12

Hearn Elementary School

Distance: 3.1 miles

Type Public

Grades: 1-5

C-

Elkhorn Elementary School

Distance: 3.4 miles

Type Public

Grades: 1-5

D

Elkhorn Middle School

Distance: 3.6 miles

Type Public

Grades: 6-8

D

Westridge Elementary School

Distance: 3.7 miles

Type Public

Grades: PK-5

C

Franklin County High School

Distance: 3.7 miles

Type Public

Grades: 9-12

C+

Franklin County Career And Technical Center

Distance: 3.8 miles

Type Public

Grades: 9-12

Frankfort Career Development Center

Distance: 3.8 miles

Type Public

Grades: UG

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Frankfort, KY 40601

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Frankfort, KY 40601

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

88° July
Hottest Average Month
24° January
Coldest Average Month
22,690 Total Households in Area
0.5% Increase in population since the year 2010
30.4%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Frankfort, KY 40601

Frankfort, KY 40601 has a population of 52,114 people in 22,690 households with a median age of 42 years old.

0.5%
Increase in population
since the year 2010
Population is Trending up
21,960
Total households as of 2010
4.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 80%
Black 9%
Hispanic 4%
Asian 2%
Other 2%
Native American <1%
The most prevalent ethnicity is White at 80%, followed by Black at 9%, Hispanic at 4%, and Asian at 2%.

Economics
for Frankfort, KY 40601

224 /sq mi
Population Density
$66,863 /yr
Median Household Income
$228,500
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.42% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 11%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 14,318 58%
Rented 8,372 34%
Vacant 2,102 8%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Family & Education Facts
for Frankfort, KY 40601

42 Median Age

Average Household Size

2.2
persons per
household

42.7%

Married Households

Community Population By Education

High School Graduate 30%
Some College 24%
Bachelors Degree 16%
Graduate Degree 13%
Some High School 9%
Associates Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 29.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.5% of households have children

Weather
for Frankfort, KY 40601

The weather for this area ranges from a high of 88° F in July to a low of 24° F in January

88° July
Hottest Average Month
24° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
42°
Feb
26°
46°
Mar
33°
56°
Apr
43°
67°
May
52°
76°
Jun
61°
84°
Jul
65°
88°
Aug
63°
86°
Sep
56°
81°
Oct
45°
70°
Nov
35°
56°
Dec
27°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Frankfort, KY 40601!
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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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