503 Prospect St, Berea, KY 40403
OFF MARKET

503 Prospect St
Berea, KY 40403

  • 2 Beds
  • 1 Bath
  • 1,350 sqft (on 0.43 acres)

$223,300

Trulia Estimate
as of Jun 19, 2026

$223,300

Trulia Estimate
as of Jun 19, 2026
2 Beds
1 Bath
1,350 sqft
(on 0.43 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Adorable home in the heart of Berea! Great location close to Berea College and Boone Tavern making this a highly desirable area. This older home has been well maintained and is full of charm. The 2 bedroom (possibly 3 bedroom), 1 bath home has been updated with modern finishes and a new metal roof. The deck overlooks the large private backyard which has a detached garage and above ground pool making it your perfect own oasis. The unfinished basement offers ample storage and an additional wash/dryer hookup. This home is perfect for first time buyers, investors and would make a great short-term rental. Don't miss your chance to own one of the cutest homes in Berea schedule your showing today! Inspections welcome but selling as is.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 29, 2025

Home Highlights

Parking
Garage
Outdoor
Porch, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 503 Prospect St

Interior Features

Interior Details
Basement: Concrete,Sump PumpNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 1, Bathroom 1, Dining Room, Kitchen, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1350 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Microwave, OvenDishwasherLaundry: Electric Dryer HookupMicrowave
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Electric,Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Tile
Levels, Entrance, & Accessibility
Levels: One and One HalfFloors: Hardwood, Tile
View
Has a ViewView: Trees/Woods, Neighborhood

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, PorchFencing: PrivacyFoundation: Concrete PerimeterHas a Private Pool
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Detached Garage,Driveway
Pool
Pool: Above GroundPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1350 Square Feet

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Craftsman
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: B0100009003

Price & Status

Price
List Price: $199,999
Status Change & Dates
Off Market Date: Mon Apr 01 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: BereaCommunity: Downtown
School Information
Elementary School: Berea CommunityJr High / Middle School: Berea CommunityHigh School: Berea CommunityHigh School District: Berea Independent

Building

Building Area
Building Area: 1350 Square Feet

Community

Community Features: Park, Tennis Court(s), Pool

Lot Information

Lot Area: 0.43 acres

Miscellaneous

BasementMls Number: 24005881Above Grade Unfinished Area: 1350

Additional Information

ParkTennis Court(s)Pool
Last check for updates: about 1 hour ago
Listed by Jessica Smith, (859) 582-8834
Bluegrass Properties Group
Bought with: Jamie Karr, (606) 308-4232, Premier Properties of Lake Cumberland, Inc.
Source: Imagine MLS, MLS#24005881

Price History for 503 Prospect St

DatePriceEventSource
05/07/2024$205,000Sold
Imagine MLS #24005881
04/01/2024$199,999PendingImagine MLS #24005881
03/29/2024$199,999Listed For SaleImagine MLS #24005881
03/05/2013$72,800Sold
Imagine MLS #1221115
12/17/2012$74,900Listed For SaleAgent Provided
05/09/2007$108,100Sold
N/A

Market trends in Berea

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$269K
Sale-to-List Price
98.8%
Price per sq ft
$163
Available listings
123
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Property Tax and Assessment

Year2024
Tax$1,318
Assessment$112,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,098/mo

Homes for rent near 503 Prospect St

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Comparable Sales for 503 Prospect St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$175,000
05/06/26
3
1
1,163
0.18
Single-Family Home
$154,000
10/10/25
2
1
960
0.14
Single-Family Home
$170,000
08/22/25
3
1
1,181
0.44
Single-Family Home
$195,000
04/14/26
2
1
879
0.09
Single-Family Home
$255,000
04/15/26
4
2
1,805
0.47
Single-Family Home
$210,000
07/11/25
3
1
1,080
0.14
Single-Family Home
$230,000
05/29/26
4
2
2,896
0.20
Single-Family Home
$300,000
05/28/26
4
2
2,141
0.61
Single-Family Home
$250,000
01/23/26
3
1
1,736
0.32
Single-Family Home
$275,000
12/05/25
4
2
2,340

Nearby homes

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Assigned Schools

These are the assigned schools for 503 Prospect St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Berea

At least 113 Trulia users voted on each feature.
  • 87 % Say car is needed

  • 87 % Say parking is easy

  • 80 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 71 % Say kids play outside

  • 64 % Say streets are well-lit

  • 64 % Say there are sidewalks

  • 61 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 55 % Say neighbors are friendly

  • 55 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to restaurants

  • 32 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Johnathanroe96
    "It’s a quick and easy commute to almost every major road way in any direction. Theres plenty of food options and things as well "
  • Jpsmlee
    "Many of my neighbors own dogs. I see them walk their dogs every day. I am pleased to find dogs are welcome in my neighborhood."
  • Jpsmlee
    "I have lived in this neighborhood for 35 years and have enjoyed the friendship and support from my neighbors in the community. "
  • Mistydawn B.
    "This is a very unique town one would like to think they choose to live here, but really the town picks you. It’s a place to call home once your desire to settle happens. It’s a very magical place."
  • Natalie.mcquiston
    "Great neighborhood. Friendly and plenty of kids to run around and play with. The backyard creek makes it peaceful! "
  • Aleisha.baird
    "I am not familiar with any community events. Some of the churches probably offer things we aren’t familiar with. "
  • Doug King
    "I have lived here for two and a half years. Great location. Close to everything. The people are great"
  • Andrew P.
    "I've lived here all my life in Madison county and Berea Ky for the last seven years don't want to live no where else . it's a Homie little town "
  • Reneetodd0701
    "We live in this neighborhood because it is a good location for our camper, dogs and cats. We would like to live in a country setting by a farm. "
  • Donnapratt69 4. c.
    "I have lived here for 3 years It's a nice quiet and peaceful area. Neighbors are friendly and look out for each other"
  • Jgwhite74
    "dogs can run pretty freely here. We're on a farm and the other homes also have dogs and the local leash law doesn't apply to the farm. keep them away from the highway though. "
  • Jpowell399
    "Berea is like Mayberry, but with some crime. So there are plenty to do in Richmond. Not that much here in Berea. "
  • Rachael F.
    "Very nice rental neighborhood. With a variety of rental duplex’s, apartments and houses. Very family friendly neighborhood. "

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Homes for sale near 503 Prospect St

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Off Market Homes Near 503 Prospect St

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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
503 Prospect St, Berea, KY 40403 is a 2 bedroom, 1 bathroom, 1,350 sqft single-family home built in 1929. This property is not currently available for sale. 503 Prospect St was last sold on May 7, 2024 for $205,000 (3% higher than the asking price of $199,999). The current Trulia Estimate for 503 Prospect St is $223,300.