Listing provided courtesy of CENTURY 21 Simpson & Associates- MLS# 26007093MLS Provider

385 Mills LaneFrankfort, KY 40601

Vacant Land · 11.13 Acres
$289,000 Active

385 Mills Lane Overview

Time on Site:
86 days
Visits:
6

Discover 11.13 acres of gently rolling countryside just minutes from town — a perfect blend of rural tranquility and convenient access. This scenic tract offers open views of neighboring land and a peaceful pond, creating an idyllic backdrop for your dream home. Enjoy breathtaking sunrises and glowing sunsets while savoring the wide-open sky and the gentle country breeze. With utilities available and existing custom-built homes around the property, you'll have confidence in your investment. Here, you can truly live, play, and breathe the countryside — all while staying close to everything you need. Build the lifestyle you've always imagined on this remarkable piece of Kentucky land. Added benefits include reduced property tax basis and sales tax exemption for farm equipment, animal feed and seed.

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385 Mills Lane Facts & Features

  • Type Vacant Land
  • Lot 11.13 Acres

Details

General

Business Information

  • Current Use: Unimproved

Location/Region

  • County Or Parish: Franklin
  • MLS Area Major: 014 - Franklin County
  • MLS Area Minor: 014 - Franklin County
  • Subdivision Name: Rural

General Information

  • Parcel Number: 052-00-00-020.02
  • Possible Use: Horses,Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Cleared,Gentle Sloping
  • Lot Size Acres: 11.13
  • Lot Size Area: 11.13
  • Lot Size Dimensions: See attached plat for Tract 1
  • Lot Size Square Feet: 484822.8
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • Elevation Units: Feet

Waterfront/View

  • View: true

General Information

  • Utilities: Cable Available,Electricity Available,Natural Gas Not Available,Phone Available,Water Available

385 Mills Lane Neighborhood

Community

40601 (FRANKFORT) Demographics

41
Median Age
228
Population Density (per sq. mile)
38%
College Educated
$59,397
Estimated Median Income
13,545
Estimated Total Home Owners
8,107
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

385 Mills Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

385 Mills Lane Market Data

Based on the last 30 days in this zip code

$362,363
Average List Price
$166
Average Price per Square Foot
55
Properties Sold
77
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network

385 Mills Lane History

Date Event Value Agent
6/9/2026Source: Imagine MLS/Bluegrass Price Reduction
$289,000 -3.6%
5/12/2026Source: Imagine MLS/Bluegrass Price Reduction
$299,900 -4.0%
4/25/2026Source: Imagine MLS/Bluegrass Price Reduction
$312,500 -0.8%
4/4/2026Source: Imagine MLS/Bluegrass Added to Database
April 04, 2026