Rare opportunity to build your custom dream home on this beautiful private wooded homesite in desirable Oldham County. Surrounded by estate-style properties and mature trees, this property offers a peaceful setting with the convenience of being just minutes from town, marinas, dining, and award-winning schools. The property has already undergone significant preparation including demolition completion, site cleanup, and grooming — creating a ready-to-build opportunity for the next owner. Features Include: Private wooded settingEstate-style surroundingsWater availableElectric availableCustom build opportunity Minutes from town and river amenities. A conceptual home rendering is included for inspiration only and illustrates the potential for a stunning custom residence.
Vacant landProperty Type
1.8 acresLot Size
$266,667Price/Acres
Listed by DANIEL J. GUILLORY Guillory• Avista Realty, LLC
A gorgeous homesite tucked 1.5 miles from Highway 42, this property offers the rare combination of privacy, beauty, and buildable land in north Oldham County. The front portion features generous level ground that is perfect for your custom home and outdoor living spaces. The land then gently rolls toward a wooded backdrop where a natural creek winds through the rear of the property. The setting creates a scenic approach from Rose Island Road and a peaceful retreat once you arrive. An north Oldham County location, a landscape that feels like your own private park, and no HOA, make this a standout opportunity!!
Year
Property tax
Land + Additions
Assessment*
2025
$2,522 (−1.2%)
$60,000 + $160,000
$220,000
2024
$2,554 (+13.1%)
$60,000 + $190,000
$250,000
2023
$2,257 (−2.1%)
$60,000 + $190,000
$250,000
2022
$2,305 (+0.6%)
$50,000 + $175,000
$225,000
2021
$2,290 (−0.9%)
$50,000 + $175,000
$225,000
2020
$2,311 (+0.9%)
$50,000 + $175,000
$225,000
2019
$2,289 (−0.9%)
$50,000 + $175,000
$225,000
2018
$2,311 (−15.9%)
$50,000 + $175,000
$225,000
2017
$2,748 (+1.6%)
$50,000 + $175,000
$225,000
2016
$2,705 (+0.3%)
$50,000 + $175,000
$225,000
2015
$2,696 (+6.5%)
2013
$2,532
$50,000 + $175,000
$225,000
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.8 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Oldham County
APN
02-00-00-3E
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 2026.
CO-1
Conservation/Residential District
The Conservation/Residential District is intended to promote and protect significant natural features, wooded areas, water courses, existing and potential lake sites, other recreational and conservation resources, wildlife habitat, present and future water supplies, and to minimize erosion of soil and the siltation and pollution of streams and lakes.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Religious facility
Housing-Single unit
Housing-Senior
Infrastructure
Public service
Educational/school
Recreation
Park & open space
Aug 19, 2026 • Active
Demolition
Demolish a residential building.
Demolition
Aug 19, 2026 • Active
Electrical
Install a temporary electrical pole.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Prospect, KY • 40059
Average low and high temperatures (°F)
37
21
47
29
65
42
72
51
74
56
85
67
89
72
85
65
83
58
72
49
58
41
46
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Prospect. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3500 S Rose Island Rd
$478,636
$1,364 under list price of $480K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $550K.