280 Chelsea Rd, Louisville

Rare 3.6-Acre Development or Private Estate Opportunity in the Heart of St. Matthews (Windy Hills) Located just off prestigious Rudy Lane, this 3.6-acre tract presents one of the last remaining opportunities to create either a signature residential development or a private gated estate in Louisville's coveted 40207 zip code, within the highly desirable community of Windy Hills. Windy Hills is known as one of Louisville's original ''tree neighborhoods,'' a designation that reflects its expansive canopy of mature oaks, maples, and magnolias lining the quiet, winding streets. The landscape is gently rolling and picturesque, offering a sense of peace and privacy that has made this part of the city one of the most treasured. Whether developed into a boutique residential commun ity or transformed into a private, gated estate, the potential here is extraordinary. For the individual seeking more than just a home, this property offers the opportunity to create an entire compounda self-contained, wooded retreat with space for a main residence, guest quarters, outdoor living, recreational amenities, and more. Surrounded by mature trees and nestled in a quiet enclave of Windy Hills, it truly feels like a hidden, enchanted sanctuarya rare blend of seclusion and accessibility in one of Louisville's most timeless neighborhoods. This tract, in particular, feels like a hidden wonderlandtucked away and surrounded by natural beauty. The property backs up to a protected nine-acre nature preserve, ensuring permanent green space and uninterrupted views of woodland surroundings. Large, buildable parcels of this size are exceptionally rare. In the past five years, there have been fewer than five opportunities to purchase one acre or more in 40207. Based on recent market activity, the average price per acre for similar land sales in this area is approximately $254,826. Subdivided lots ranging between 0.15 and 0.5 acres have consistently sold for between $125,000 and $300,000, with current available lots priced at $350,000 and above. This creates a significant built-in equity opportunity for both developers and end-users. A previous development plan for nine residential lots was approved, although that approval has since expired. The property is zoned R-4 Residential. The location offers unmatched conveniencejust minutes from the Watterson Expressway (I-264) and with quick access to I-64 and I-71. It is also within close proximity to many of Louisville's most desirable amenities, including Brownsboro Road (Fresh Market, Crescent Hill Golf Course, Brownsboro Hardware, Noosh Nosh, Mary T. Meagher Aquatic Center) and Shelbyville and Westport Road destinations (Milestone Wellness Center, Paul's Fruit Market, Mesh, 211 Clover Lane, Target, Whole Foods, Trader Joe's, Mall St. Matthews, and Top Golf). The property also enjoys close access to Indian Hills, Mockingbird Valley, and Louisville Country Club. While a very small portion of the property lies within a designated floodplain, the seller is not aware of any flooding having ever occurred on site.