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503 Wallace Ave, Louisville, KY 40207

(Active)
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Listed by: John Stough - Kentucky Select Properties

503 Wallace Ave, Louisville, KY 40207

$
Active
est.$385,000/month.
3 beds. 2 baths. 6,421 Sqft.

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503 Wallace Ave, Louisville, KY 40207

$385,000
Active
est.$385,000/month.
3 beds 2 baths 6,421 Sq.ft.
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Property details for 503 Wallace Ave, Louisville, KY 40207
Welcome to 503 Wallace Avenue, a charming Cape Cod nestled in the heart of St. Matthews, just moments from the area's most popular shops, restaurants, and everyday conveniences. This beautifully maintained home offers 3 bedrooms**, 2 full baths, and 1 half bath, along with a fully finished basement designed for entertaining and everyday living. Step inside to a warm and inviting family room featuring a lovely fireplace and a picturesque bay window overlooking the front yard. Just beyond the main living area, you'll find a spacious kitchen complete with a cozy breakfast nook, perfect for casual dining and morning coffee. Off the kitchen is a versatile mudroom/office space with direct access to the rear yard, driveway, detached garage, and covered carport. The remainder of the first floor includes two comfortable bedrooms and a beautifully appointed hall bath. Upstairs, you'll find the space currently utilized as the primary suite**, offering a peaceful retreat with two generous closets and a full bath. The fully finished basement creates the ultimate recreational space for family and friends, featuring a full wet bar, wine cooler, and ample room for gatherings, movie nights, or game days. A cozy gas fireplace anchors the rear corner across from the wet bar, complete with TV hookups above for the perfect entertainment setup. Tucked beneath the stairs, you'll also find an adorable play nook that adds both charm and functionality. The basement additionally offers excellent storage space alongside the laundry area. Outside, enjoy the wonderful rear yard complete with a stone fire pit area ideal for relaxing and entertaining year-round. The property also includes a detached one-car garage and covered carport for additional parking and storage. Conveniently located near downtown St. Matthews, this home perfectly blends classic Cape Cod charm with modern functionality and exceptional entertaining spaces. **Please note: The second-floor space (approximately 301 sqft) is considered nonconforming by the appraiser that measured the property. However, the current owners have utilized this area as a third bedroom/primary suite.
Property Description

MLS Information

  • Listing: 1718743
  • Listing Last Modified: 2026-05-29

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Property style: Cape Cod
  • Built in: 1941
  • Subdivision: BRECKENRIDGE VILLA
  • Lot size area: 0.15 Acres

Geographic Data

  • County: Jefferson
  • MLS Area: BRECKENRIDGE VILLA
  • Directions: Brownsboro Road to Chenoweth Lane to Breckinridge Lane to Willis Ave to Wallace Ave to house
Features

Interior Features

  • Bedrooms: 3
  • Full baths: 2
  • Living area: 2320
  • Fireplaces: 1

Exterior Features

  • Roof type: Shingle
  • Lot description: Level

Parking

  • Garage spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Heating: Natural Gas
Property Information

Tax Information

    Disclaimer

    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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    Home Description

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