The word “prospect” derives from the Latin word “prospectus,” meaning “view.” Prospect first drew settlers moving down Harrods Creek with its rich farmland and sandy hills. Once the railroad came through town in the early 1900s, a store and farmer’s market popped up. Subdivisions replaced these early family farms in the 1960s, but developers were careful to preserve much of the land for golf courses, country clubs and scenic hills to be enjoyed on Sunday drives.
Today, Prospect, Kentucky (40059) is a relaxing place to live. Residents golf at Nevel Meade, a privately-owned Scottish links course; Hunting Creek Country Club’s family-friendly 18 hole course; the 3,206 yard course at Sleepy Hollow; or the Bermuda fairways at Glen Oaks. They pamper themselves at the Spaquena Day Spa and take classes at the Ayus Yoga and Ayurveda Center. They launch boats from Harrods Landing Yacht Club and Marina. They peruse more than 3,000 books at the prized Lawrence C. Falk Library. They stroll through four landscaped local parks. There are many ways to fill an afternoon without ever leaving town.
Families enjoy special events from the spring Kentucky Derby celebrations and summer fireworks to pumpkin-painting contests in the fall and winter light tours. Many households in Prospect contain children who attend the highly rated Oldham County School District. The safe neighborhoods in the 40059 zip code boasts the lowest crime rating in the state – in fact, 74 percent lower than the rest of Kentucky. Ten dedicated full-time police officers ensure the safety of Prospect residents. All around, Prospect is a wonderful place to live for those who can afford it.
Who Lives In Prospect, KY?
More than 4,500 people live in Prospect, Kentucky. It is the third-wealthiest municipality in the state with a median household income of $100,000. Most of the people living in Prospect work as professionals in sales, management occupations and healthcare. More people work in computers and math than 95 percent of the places in the U.S. and nearly 10 percent of the locals are self-employed and telecommute to work. As the slogan goes, people move to Prospect for “small town charm – at the crossroads of rural and urban living.”
Prospect Real Estate
The 40059 zip code is known for tremendous affluence, with some homes hitting the $3-4 million mark. As of August 2015, there were 199 properties listed in the Louisville MLS with a median list price of $515,000 (or $145.97 per square foot). Properties tend to sit on the market for about three months before they’re gobbled up by discerning buyers.
Here you’ll find a mix of impressive Greek Revivals, Classical Vernaculars, Federal Classics, Italianate Cottages, and Foursquare Arts & Crafts. Many stately manors are found in resort-style subdivisions with tennis courts, pools, club houses and private lakes – not to mention, lawn service, snow removal and landscaping services included in homeowner’s association fees.
Popular subdivisions in Prospect, KY include:
- Bridgepointe: 155 single family residences with swimming pool and clubhouse membership available.
- Estates of Hunting Creek: 235 single family estates with homes on the Hunting Creek Country Club golf course.
- Fox Harbor: 182 single family homes located directly across from Prospect Point Shopping Center.
- Harrods Creek Overlook: 36 condo-style homes in the newest subdivision, west of Harrods Creek on Hwy-42.
- Harrods Landing: Condo townhomes located at the Harrod’s Landing Yacht Club, overlooking the marina.
- Hunting Creek: 945 single family homes and townhomes surrounding the Hunting Creek Country Club.
- Innisbrook: 62 single family residences in one of Prospect’s newest subdivisions, off Hwy-42.
- The Landings: 239 single family homes in various styles in the heart of Prospect off Timber Road and Hwy-42.
- Smithfield Greene Condos: 32 condo-style homes at the corner of Timber Ridge Drive and River Road.
- Sutherland: Over 300 single family estates located in a beautiful park with man-made lakes and birdwatching.
Location & Local Attractions
Parks: Prospect Parks are one of the perks awaiting you. Four well-maintained parks fall within the city limits:
- Cowley Park: a two-acre park with a gazebo used for family-friendly holiday and music festivals.
- Harrods Creek Park: 105 acres of wildlife and bird-watching, fishing and moderately challenging hiking trails.
- Little Hunting Creek Park: four acres of picnicking and hiking grounds amid daffodils and rushing creeks.
- Putney Pond and The Woodlands Park: 26 acres of easy woodland trails, a fishing pond and wetlands wildlife.
Shopping: Convenience awaits at the 153,486 square foot Prospect Village Shopping Center at 6009 Timber Ridge Drive, anchored by a massive Kroger Marketplace. Starbuck’s Coffee, Papa John’s Pizza, Snap Fitness, Great Clips, Subway and Sam Meyers Formal Wear. Other major shopping centers like Mall St. Matthews Westport Village Shopping Complex and Oxmoor Center are 10-20 minutes away.
Dining: A great variety of dining establishments are available to residents of Prospect. Fine steaks and great service await at the top-rated Cast Iron Steakhouse. Have a fine pancake breakfast at Verbena Café, a roll at Arata Sushi, tacos at Los Aztecas, a beer from Commonwealth Tap, scenic outdoor brunch at Cunninghams Creekside Restaurant, fine evening dining at J. Harrod’s, pizza from Johnny Brusco’s, giros from Burning Bush Mediterranean Cafe, or freshbaked goodies from the Homemade Ice Cream & Pie Kitchen.
Prospect Ky Economy
A third of Prospect residents work in management, business and finance. Sales and administration, health care, education, transportation and computer / engineering are other significant fields. People living in Prospect, Kentucky have an average commute time of 20 minutes.
The biggest Louisville employers are a reasonable distance from the Prospect subdivisions:
- Ford Motor Company -14 minutes
- UPS – 22 minutes
- Norton Health Care -23 minutes
- Humana – 23 minutes
- General Electric – 26 minutes
Start your job search at www.Kentuckianaworks.org if you are currently looking for work.
Prospect, Kentucky (zip 40059) has a warm humid temperate climate. If you have a green thumb, Prospect lands in the 6b and 7a USDA hardiness zones, with the planting season running May through October. The warmer months begin officially around May 25th and run to September 19th, with hazy, humid July temperatures fluctuating between 69 and 88 degrees. The cooler months from November 30th to February 25th have temperatures ranging from 25 to 41 degrees. About 17 inches of snow and 44 inches of rain fall per year. Tornadoes hit Louisville about twice a year, but do not typically cause much harm.
Most Prospect residents have a bachelor’s degree or higher and own their properties. The racial makeup of the land is predominantly White (92.9%), with smaller populations of Blacks or African Americans (3.39%), Asians (2.06%), Hispanics or Latinos (0.64%), Native Americans (0.26%) and Mixed Races (1.16%). The largest demographic is 44-64, but the second-largest is children under 18. Over a third of the residents have children living with them, including 76.3% married couples, 4.4% single moms and 17.8% non-families. Ten percent of the Prospect, KY population consists of seniors.
The Oldham County School District has a 9/10 rating on GreatSchools.org, with the schools of Prospect, KY receiving a perfect 10/10 based on test results and parental satisfaction. Elementary-aged children attend Goshen At Hillcrest public school or St. Mary Academy private school. Many families move to Prospect specifically to send their kids to Goshen At Hillcrest. Here, there are special programs for gifted children and students enter into music, dance, drama, leadership, creative thinking, writing, social studies, science and mathematics classes. Extracurricular activities cater to those interested in government, reading, art, chorus, dance, drama, fitness, leadership and sports.
Many high school students primarily attend Ballard High, which U.S. News & World Report ranks as the fifth best high school in Kentucky. Their curriculum includes advanced programs in arts, communications, math, science, and world languages. The Kentucky School Athletic Association sanctioned sports program at Ballard has brought home 55 state championships. Musically-inclined students can participate in one of the largest choirs in the state, one of two full-string orchestras in the district, as well as marching, concert and jazz bands.
Find Your Louisville Home In Prospect, Kentucky!
When you’re dealing with high-end real estate, you want an experienced licensed agent who won’t waste your time. Prospect real estate agent Greg Fleischaker will only show you the Prospect KY properties for sale that most closely match your desires – including homes that haven’t hit the Louisville MLS yet.
As a married father of two who is actively involved in the PTA, he understands the needs of families looking to settle in a comfortable, safe community. He is happy to answer any questions you may have about homes in Prospect or the surrounding area. You’ll find his communication style to be prompt, courteous, friendly and direct. His wide-ranging interests include cooking, soccer, theatre and glass-blowing, so he’s happy to chat about that too!
If you’re looking to sell, Greg is the agent you want in your corner. Past clients have praised his strong “negotiation tactics” that secured prices well above what other agents quoted and his “knowledge of the market.” He puts together a strong marketing presentation using all the latest tools and technologies to present properties in the best light and move them quickly at fair market value.
Contact Greg Fleischaker to discuss your Prospect Ky real estate needs.