503 Wallace Ave, Louisville, KY 40207
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
503 Wallace Ave,Louisville, KY 40207
$385,000
- 3 Beds
- 2 Baths
- 2,320 sq. ft.
- Single family
- Active
Listed by: john a stough, mac barlow
Office: kentucky select properties
MLS#:1718743
Source:KY_MSMLS
Price summary
- Price:$385,000
- Price per sq. ft.:$283.3
About this home
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....
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Home facts
- Year built:1941
- Listing ID #:1718743
- Added:1 day(s) ago
- Updated:May 29, 2026 at 08:49 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
- Basement Description:Partially Finished
- Living area:2,320 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural gas
- Central air:Yes
Structure and exterior
- Year built:1941
- Building area:2,320 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level, Sidewalk
- Architectural Style:Cape Cod
- Construction Materials:brick
- Foundation Description:Poured Concrete
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$283.3
Parking
- Parking description:Detached, Driveway, Entry Rear
- Garage:Yes
- Garage spaces:1
- Carport spaces:1
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