50 Spendthrift Street, Frankfort, KY 40601

$999,900
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 5,824 Lot Size (sq. ft.): 26,833 Status: Active
Current Price: $999,900 List Date: 4/01/2026 Last Modified: 5/12/2026

Description

This spectacular custom-built home is located in the gated Two Creeks Subdivision, a private community within the Frankfort Country Club. This meticulously maintained property sits on a quiet, low-traffic street and backs up to peaceful farmland, offering exceptional privacy. The main level showcases a formal living and dining room, a spacious great room with custom built-ins, a wet bar, and a gas fireplace, as well as a private office and a large gourmet kitchen. The kitchen features a vaulted breakfast area, an eat-in bar, a GE Advantium convection speed cook and microwave oven combination, and a gas cooktop. Additional highlights include a charming sunroom/screened-in porch, a laundry room, and two bedrooms, one of which is a generous primary suite featuring dual walk-in closets and a luxurious en-suite bath. Upstairs features a beautifully crafted banister overlooking the great room. On either side of the home are two additional bedrooms, each with its own walk-in closet and a full bathroom complete with a tiled shower. The finished walk-out basement, boasting 9½-foot ceilings, is perfect for entertaining and relaxation. It includes a spacious family room with a gas fireplace, full bar, game area, full bathroom, and a large bedroom with exterior access. A standout feature is the lower covered patio, which opens to a stunning 18-by-36-foot saltwater pool, ideal for outdoor enjoyment in a peaceful, private setting. Additionally, there is a generous 1,100 sq. ft. mechanical and storage room complete with built-in shelving. Additional features include a 3-car garage, irrigation system with agricultural water meters and multiple spigots, central vacuum system, two dual-fuel heating and cooling systems, outdoor space pre-wired for an electric dog fence, and extensive professional landscaping. This is a truly exceptional home situated in one of Frankfort's most desirable communities.

Supplements: ********

More Information MLS# 25012688

Listing Information

Comp Sale YN: No Property Sub Type: Single Family Residence

Status Change Information

Back on Market Date: 2026-04-01 Price Change Timestamp: 2026-04-01T20:08:43Z Status Change Timestamp: 2026-04-01

Address

Directions: https://maps.app.goo.gl/56F2tNDNFcp9vxVAA Parcel Number: 085-40-06-063.00 Tax District: 01 Country County: Franklin Street Number: 50 Street Name: Spendthrift Street Suffix: Street State: KY Zip Code: 40601

Contract

Start Showing Date: 2025-06-14 Listing Agreement: Exclusive Right To Sell Occupant Type: Occupied Office Exclusive YN: No List Price/SqFt: 171.69 Current Price: $999,900 Original List Price: 1250000 Status: Active Listing Contract Date: 2025-06-12 List Price: $999,900

Currently Not Used

List Price/Acre: 1612741.94

Tax & Legal

Elementary School: Hearn Middle Or Junior School: Elkhorn Middle High School: Franklin Co Tax Rate: 1.198

Association/Community

Association YN: Yes Association Mandatory YN: Yes Association Fee: 275 Association Fee Frequency: Quarterly

Interior

Living Area: 5823.75 Living Area Source: Public Records Bathrooms Half: 0 Above Grade Finished Area: 4154.25 Below Grade Finished Area: 1669.5 Above Grade Unfinished Area: 0 Below Grade Unfinished Area: 1100 Basement YN: Yes Fireplace YN: Yes Fireplaces Total: 2 Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4

Parking Information

Garage YN: Yes Garage Spaces: 3 Carport YN: No

Building

Home Warranty YN: No Accessibility Features YN: No Year Built: 1990

Lot

Lot Size Source: Public Records Lot Size Acres: 0.616 Lot Size Square Feet: 26833 Pool Private YN: Yes View YN: Yes Waterfront YN: No Water Body Access YN: No Horse YN: No

Utilities

Cooling YN: Yes Heating YN: Yes Electricity Connected: 1 Natural Gas Connected: 1 Water Connected: 1

Remarks

Public Remarks: This spectacular custom-built home is located in the gated Two Creeks Subdivision, a private community within the Frankfort Country Club. This meticulously maintained property sits on a quiet, low-traffic street and backs up to peaceful farmland, offering exceptional privacy. The main level showcases a formal living and dining room, a spacious great room with custom built-ins, a wet bar, and a gas fireplace, as well as a private office and a large gourmet kitchen. The kitchen features a vaulted breakfast area, an eat-in bar, a GE Advantium convection speed cook and microwave oven combination, and a gas cooktop. Additional highlights include a charming sunroom/screened-in porch, a laundry room, and two bedrooms, one of which is a generous primary suite featuring dual walk-in closets and a luxurious en-suite bath. Upstairs features a beautifully crafted banister overlooking the great room. On either side of the home are two additional bedrooms, each with its own walk-in closet and a full bathroom complete with a tiled shower. The finished walk-out basement, boasting 9½-foot ceilings, is perfect for entertaining and relaxation. It includes a spacious family room with a gas fireplace, full bar, game area, full bathroom, and a large bedroom with exterior access. A standout feature is the lower covered patio, which opens to a stunning 18-by-36-foot saltwater pool, ideal for outdoor enjoyment in a peaceful, private setting. Additionally, there is a generous 1,100 sq. ft. mechanical and storage room complete with built-in shelving. Additional features include a 3-car garage, irrigation system with agricultural water meters and multiple spigots, central vacuum system, two dual-fuel heating and cooling systems, outdoor space pre-wired for an electric dog fence, and extensive professional landscaping. This is a truly exceptional home situated in one of Frankfort's most desirable communities.

Amenity Fee Details

Amenity Fee YN: Yes Amenity Fee Mandatory YN: Yes Amenity Fee: 0 Amenity Fee Frequency: Quarterly

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Double Oven: 1 Microwave: 1 Refrigerator: 1 Trash Compactor: 1

Association Amenities

Security: 1

Attic Features

Access Only: 1

Basement

Concrete: 1 Finished: 1 Interior Entry: 1 Partially Finished: 1 Walk-Out Access: 1 Walk-Up Access: 1

Community Features

Pool: 1 Tennis Court(s): 1

Construction Materials

Brick Veneer: 1 Wood Siding: 1

Cooling

Heat Pump: 1

Fencing

Invisible: 1 Partial: 1 Other: 1

Fireplace Features

Basement: 1 Gas Log: 1 Gas Starter: 1 Great Room: 1 Masonry: 1

Flooring

Carpet: 1 Hardwood: 1 Tile: 1

Foundation Details

Concrete Perimeter: 1

Heating

Dual Fuel: 1 Electric: 1 Heat Pump: 1 Natural Gas: 1

Interior Features

Breakfast Bar: 1 Ceiling Fan(s): 1 Central Vacuum: 1 Eat-in Kitchen: 1 Entrance Foyer: 1 In-Law Floorplan: 1 Primary First Floor: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Three Or More: 1

Lot Features

On Golf Course: 1 Secluded: 1 Wooded: 1

Parking Features

Attached Garage: 1 Driveway: 1 Garage Door Opener: 1 Garage Faces Side: 1 Off Street: 1

Patio And Porch Features

Deck: 1 Patio: 1 Porch: 1

Possession

Close Of Escrow: 1

Private Pool Features

In Ground: 1

Roof

Dimensional Style: 1

Sewer

Public Sewer: 1

Showing Considerations

Pet(s) on Premises: 1

Structure Type

House: 1

View

Neighborhood: 1 Trees/Woods: 1

Water Heater

Electric: 1 Gas: 1

Water Source

Public: 1

Window Features

Blinds: 1 Insulated Windows: 1 Screens: 1 Window Treatments: 1

Showing Requirements

Showing Service: 1

Showing Information

Showing Instructions: Showing Time

Room Types

Bathroom 1: 1 Bathroom 1 Level: First Bathroom 2: 1 Bathroom 2 Level: First Bathroom 3: 1 Bathroom 3 Level: Second Bathroom 4: 1 Bathroom 4 Level: Lower Bedroom 1: 1 Bedroom 1 Level: First Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Lower Dining Room: 1 Dining Room Level: First Family Room: 1 Family Room Level: Lower Foyer: 1 Foyer Level: First Great Room: 1 Great Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Office: 1 Office Level: First Primary Bedroom: 1 Primary Bedroom Level: First Recreation Room: 1 Recreation Room Level: Lower Utility Room: 1 Utility Room Level: First

Tax Legal

MLS Area Major: 014 - Franklin County Subdivision Name: Two Creeks High School District: Franklin County - 14

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Water Connected; Electricity Connected; Natural Gas Connected; Water Connected Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Microwave; Refrigerator; Trash Compactor Association Amenities: Security Attic Features: Access Only Basement: Concrete; Finished; Interior Entry; Partially Finished; Walk-Out Access; Walk-Up Access Community Features: Pool; Tennis Court(s) Construction Materials: Brick Veneer; Wood Siding Cooling: Heat Pump Fencing: Invisible; Partial; Other Fireplace Features: Gas Log; Gas Starter; Great Room; Masonry Flooring: Carpet; Hardwood; Tile Foundation Details: Concrete Perimeter Heating: Dual Fuel; Electric; Heat Pump; Natural Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Primary First Floor; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Lot Features: On Golf Course; Secluded; Wooded Parking Features: Attached Garage; Driveway; Garage Door Opener; Garage Faces Side; Off Street Patio And Porch Features: Deck; Patio; Porch Possession: Close Of Escrow Private Pool Features: In Ground Roof: Dimensional Style Sewer: Public Sewer Showing Considerations: Pet(s) on Premises Structure Type: House View: Neighborhood; Trees/Woods Water Heater: Electric; Gas Water Source: Public Window Features: Blinds; Insulated Windows; Screens; Window Treatments Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Foyer; Great Room; Kitchen; Living Room; Office; Primary Bedroom; Recreation Room; Utility Room

Room Information

Primary Bedroom Level: First Bedroom 1 Level: First Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Lower Bathroom 1 Level: First Remarks: Full Bath Bathroom 2 Level: First Remarks: Full Bath Bathroom 3 Level: Second Remarks: Full Bath Bathroom 4 Level: Lower Remarks: Full Bath Living Room Level: First Dining Room Level: First Office Level: First Kitchen Level: First Foyer Level: First Utility Room Level: First Great Room Level: First Family Room Level: Lower Recreation Room Level: Lower Living Room Level: First Dining Room Level: First Foyer Level: First Great Room Level: First Family Room Level: Lower Recreation Room Level: Lower
Listing Office: CENTURY 21 Simpson & Associates
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.