5508 Ruby Falls Dr, Prospect, KY 40059
OFF MARKET

$551,900

Trulia Estimate

    5508 Ruby Falls Dr, Prospect, KY 40059

    Est. Refi. Payment $3,488/mo*
    Refinance Your Home

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    11597 Victoria Falls Ln, Prospect, KY
    0.01
    Lot/Land
    $736,250
    07/02/26
    -
    -
    11207 Saddle Ridge Ct, Prospect, KY
    1.54
    Lot/Land
    $320,000
    04/09/26
    -
    -
    8 Wolf Pen Ln, Prospect, KY
    1.89
    Lot/Land
    $425,000
    01/20/26
    -
    -
    5701 Fincastle Farm Trce, Prospect, KY
    2.09
    Lot/Land
    $525,000
    07/01/26
    -
    -
    7700 Woodbridge Hill Ln, Prospect, KY
    2.16
    Lot/Land
    $165,000
    12/29/25
    -
    -
    4800 Springdale Rd, Louisville, KY
    2.40
    Lot/Land
    $206,000
    08/12/26
    1
    -
    1 Haunz Ln, Louisville, KY
    2.67
    Lot/Land
    $2,200,000
    01/21/26
    -
    -
    6111 Winkler Rd, Crestwood, KY
    2.99
    Lot/Land
    $95,000
    05/07/26
    -
    -
    14403 River Glades Ln, Prospect, KY
    3.26
    Lot/Land
    $415,000
    02/06/26
    -
    -
    3500 S Rose Island Rd, Rose, KY
    3.41
    Lot/Land
    $220,000
    01/27/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    5518 Ruby Falls Dr, Prospect, KY 40059
    0.00
    -
    -
    -
    -
    Off Market
    5528 Ruby Falls Dr, Prospect, KY 40059
    0.00
    -
    -
    -
    -
    Off Market
    5526 Ruby Falls Dr, Prospect, KY 40059
    0.00
    -
    -
    -
    -
    Off Market
    5514 Ruby Falls Dr, Prospect, KY 40059
    0.00
    $1,133,500
    5
    4.5
    -
    Off Market
    5524 Ruby Falls Dr, Prospect, KY 40059
    0.00
    $963,000
    5
    4
    3,200
    Off Market
    11599 Victoria Falls Ln, Prospect, KY 40059
    0.00
    $671,900
    Studio
    -
    -
    Off Market
    11597 Victoria Falls Ln, Prospect, KY 40059
    0.01
    $736,250
    -
    -
    -
    Recently Sold
    5513 Ruby Falls Dr, Prospect, KY 40059
    0.02
    $589,900
    -
    -
    -
    Off Market
    5521 Ruby Falls Dr, Prospect, KY 40059
    0.02
    -
    -
    -
    -
    Off Market
    11601 Victoria Falls Ln, Prospect, KY 40059
    0.02
    $725,300
    Studio
    -
    -
    Off Market
    11595 Victoria Falls Ln, Prospect, KY 40059
    0.02
    $677,400
    Studio
    -
    -
    Off Market
    5919 Ruby Falls Dr, Prospect, KY 40059
    0.03
    $778,717
    3
    3
    2,959
    Recently Sold
    11532 Angel Falls Dr, Prospect, KY 40059
    0.03
    $793,000
    Studio
    -
    -
    Off Market
    Avondale, Prospect, KY 40059
    0.03
    $575,900+
    2
    2
    1,818
    -
    Laurel, Prospect, KY 40059
    0.03
    $538,900+
    3
    2
    1,724
    -
    5700 Ruby Falls Dr #8ATTSJ, Prospect, KY 40059
    0.03
    -
    2
    2
    1,818
    Off Market
    Vardon, Prospect, KY 40059
    0.03
    $589,900+
    3
    2.5
    2,230
    -
    Mayfield, Prospect, KY 40059
    0.03
    $567,900+
    2
    2
    1,800
    -
    5700 Ruby Falls Dr #H5SV5T, Prospect, KY 40059
    0.03
    -
    2
    -
    1,801
    Off Market
    5700 Ruby Falls Dr #E44BYA, Prospect, KY 40059
    0.03
    $591,700
    3
    2
    1,725
    Off Market

    Local Information

    • Map ViewExplore the area around 5508 Ruby Falls Dr.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    Built in 2023

    About this House

    This lot/land is located at 5508 Ruby Falls Dr, Prospect, KY. 5508 Ruby Falls Dr is in Prospect, KY and in ZIP code 40059. This property was built in 2023.
    5508 Ruby Falls Dr, Prospect, KY 40059 is a lot/land built in 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $551,900.

    Home Details for 5508 Ruby Falls Dr

    Property Information

    Year Built
    Year Built: 2023
    Property Type / Style
    Property Type: Lot Land

    Price and Tax history

    DateEventPrice
    Nov 19, 2023
    Source: Elite Built Homes
    		ListingRemoved
    Nov 7, 2023
    Source: Elite Built Homes
    		PriceChange
    $629,900
    Price increased by 6%
    Oct 30, 2023
    Source: Elite Built Homes
    		PriceChange
    $593,900
    Price decreased by 1%
    Oct 21, 2023
    Source: Elite Built Homes
    		PriceChange
    $599,900
    Price increased by 3%
    Oct 11, 2023
    Source: Elite Built Homes
    		PriceChange
    $579,900
    Price decreased by 13%

    Market trends in Prospect

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $705K
    $15.83K    MoM
    Sale-to-List Price
    98.6%
    Price per sq ft
    $206
    $1    MoM
    Available listings
    163
    7    MoM

    Around this home

    What Locals Say about Prospect

    At least 64 Trulia users voted on each feature.

    • 99 % Say parking is easy

    • 96 % Say car is needed

    • 93 % Say it's dog friendly

    • 88 % Say there's holiday spirit

    • 84 % Say it's quiet

    • 84 % Say people would walk alone at night

    • 81 % Say there's wildlife

    • 81 % Say yards are well-kept

    • 76 % Say kids play outside

    • 74 % Say they plan to stay for at least 5 years

    • 64 % Say there are community events

    • 62 % Say neighbors are friendly

    • 60 % Say streets are well-lit

    • 59 % Say there are sidewalks

    • 34 % Say it's walkable to restaurants

    • 22 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Sandravwilson1
      "I work from home but the times I do go downtown for work, assuming there is not a ton of roadwork like there is right now only takes me about 15-20 min. "
      0
      Flag
    • Tami Grimes
      "Safe and friendly. Clean Well maintained. Walking friendly. Lots of grassy spots. 92 out of 100 dogs love it"
      0
      Flag
    • Court200244
      "Lots of dogs and walking trails in the area. Very dog friendly and easy to maneuver. People tend to have dogs on leashes "
      2
      Flag
    • April M. C.
      "Sidewalks in my subdivision. Lots of dog owners live here. Many yards are fenced or have underground/electric dog fence."
      0
      Flag
    • Sandravwilson1
      "Neighborhood pool and parties there throughout the summer. Friendly neighborhood and beautiful to walk around in. "
      2
      Flag
    • Ian C.
      "Great place to live. School district is perfect for a growing family. Low crime rate and everyone is very neighborly "
      1
      Flag
    • Ian C.
      "Just neighbors being neighbors. Everyone waves to us in our neighborhood. It’s also very quiet, and minimal traffic."
      1
      Flag
    • Sandravwilson1
      "There are always people out walking their dogs in our neighborhood. Very friendly neighbors and plenty of streets and sidewalks. "
      0
      Flag
    • Jen M.
      "Very safe area. Great to raise a family. Great schools, esp on the Oldham County side of Prospect! Close to downtown, but not too close. "
      0
      Flag
    • Sandravwilson1
      "I work from home. My husband commutes to work downtown via River road and it takes 15-20 min unless there is traffic. "
      1
      Flag
    • Mike H.
      "No sidewalks between neighborhoods. Narrow streets. Main highway through town is very busy and no alternate routes. "
      0
      Flag
    • CeCe R. .
      "Depending on what time you leave, most mornings it’s a very smooth, fast travel time. If you leave later than 7:45, you’re kind of screwed... traffic really picks up then."
      0
      Flag
    • Warren.king3
      "It’s just a nice and quiet place. I really like it. I would love to live in a place like this one day. I think it has a really good chance to attract a lot more people."
      0
      Flag
    • Dolph D.
      "Lot’s of places for dogs to walk and run free on our 3 acres.Our neighborhood has many large lots to have dogs,horses and other animals you would want."
      0
      Flag
    • Rebecca
      "That people are very friendly here. On average, well-educated people and it’s has a small town feel. "
      0
      Flag
    • Emailproperty1
      "Nice quite very friendly neighborhood very easy access to Kroger Walgreens easy to get everything around close to good school "
      1
      Flag
    • Mkdugan26
      "Award winning Oldham county schools. Yard is private, partially wooded with creek and deer. Neighborhood is safe."
      0
      Flag
    • Bryn M.
      "When I lived in that area the commute was long but pleasant because of how pretty the area is. There was very little traffic at the time but that was 15 years ago. "
      0
      Flag
    • Donald D.
      "Cars drive slow in my neighborhood. Many people walk their dogs. You don’t really see dogs unless they are with their owners."
      0
      Flag
    • Kelly H.
      "The Prospect, KY area and within the Award Winning Oldham Co. School district is a wonderful place to live. Minutes away from Hunting Creek Country Club, the option of country club golfing, tennis, swimming and a great restaurant are just minutes away!"
      0
      Flag
    • Marybeth B.
      "It's very clean, the homes are beautiful, people take care of their yards and properties, the lawns are well maintained, sidewalks everywhere, pools, restaurants, YMCA, churches are nearby, freeway and hospitals are nearby. It's a pretty cool place! "
      0
      Flag
    • terrymoore324
      "Full time resident. This is an excellent location to raise and educate a family and is only a short commute to downtown and metro Louisville for business, entertainment, or recreational activities."
      0
      Flag
    • surojit_bandyo
      "This is one of the nicest area in the town. The schools are top notch, very kids friendly, very low crime rate and lot of woods around the place. In Prospect and Oldham county schools but closer to Jefferson county makes it a strategically good locaiton to live in."
      0
      Flag
    • coyle0222
      "Area is across from Norton Commons, near the Summit Mall and close to expressways and restaurants!"
      0
      Flag
    • d1albright
      "I used to live here and felt surrounded by snobby, rude and obnoxious people. The schools are NOT worth the cost of a house in this area! I moved BACK to Jefferson County AS SOON AS I COULD!!!"
      0
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    • Leon J.
      "Prospect is an upscale community with easy access to major freeways and any commute in Louisville and surrounding areas. Beautifully maintained, with ample shopping and restaurants. From stately riverfront mansions and grand horse farms, upscale newer subdivisions, Prospect represents luxuriouus Kentucky living at its finest."
      1
      Flag

    LGBTQ Local Legal Protections

    Frequently asked questions about 5508 Ruby Falls Dr

    • What is 5508 Ruby Falls Dr estimated to be worth?
      Trulia's estimated value for 5508 Ruby Falls Dr in Prospect, KY is $551,900.
    • Is Prospect a buyer's or seller's market?
      Prospect is currently a buyer's market, based on recent for-sale activity.
    • What's the median sale price in Prospect?
      The median sale price in Prospect is $705K. That is down $15.83K from the prior month.
    • What do residents say about Prospect?
      Residents describe Prospect, KY as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See recently sold homes in Prospect, KY.

    Explore by feature - Pet Friendly

    18 pet-friendly rentals in Prospect, KY

    Explore by feature - Garage

    15 rentals with a garage in Prospect, KY

    Explore by feature - Air Conditioning

    25 rentals with air conditioning in Prospect, KY

    Explore by feature - Pool

    12 rentals with a pool in Prospect, KY

    Explore by feature - Washer/dryer

    21 rentals with a washer/dryer in Prospect, KY

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