Sutherland Farm targeted for new Prospect subdivision

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By Andrew Henderson

A Louisville real estate broker is eyeing a well-known Prospect farm for a new high-end subdivision.

Sutherland Farm is a nearly 50-acre plot of land in Prospect that is near the Ohio River. Stephanie Gilezan, a real estate broker with Gilezan Realty and eXp Realty, hopes to buy the land at 7800 Sutherland Farm Road and transform it into The Breakers at Prospect.

She said the development would have 81 lots for single-family residential homes that would all be custom built. She intends to divide the property into various sized lots, ranging from a quarter acre up to an acre.

Gilezan, a Prospect resident, has been in the real estate business for 20 years. She said a big reason she’s interested in buying the land for the development is so tract housing developers won’t purchase the land.

Tract housing is also known as “cookie-cutter housing.” It’s a type of housing development where multiple, similar homes are built on a tract of land that is later divided into smaller, individual lots.

As Gilezan explains, tract builders have come into Louisville, Prospect and Oldham County over the last several years and bought a lot of land. With tract housing, potential homebuyers are typically only offered a few options for the design of their home.

With The Breakers at Prospect, she’s hoping to offer an alternative to that by marketing the development to custom homebuilders.

“I wanted to make sure this 50-acre farm fits into the aesthetic that Prospect deserves,” she said.

She described that aesthetic as coastal Nantucket-style, which would include a mix of brick, stone and cedar shake of the homes.

So far, she’s received 51 confirmed lot deposits and several custom homebuilders have reached out to her committing to purchasing several lots as well.

The lots are priced between $165,000 and $475,000 and homes could go anywhere from $650,000 to $3 million.

The 7800 Sutherland Farm Road property has an accessed value of over $3 million, according to the Jefferson Country Property Value Administration.

Gilezan said the City of Prospect hasn’t had any new residential developments since 2000 and The Breakers is an opportunity to give people that as well.

“People that have lived in Prospect in the last decade, in the event they wanted a new home, would often have to leave Prospect to get that,” she said.

Prospect Mayor John Evans called the subdivision a nice use of Sutherland Farm’s land.

“Given the alternatives that could have gone here, this is preferable,” he said.

A public meeting on the proposed plan is scheduled next Tuesday, Jan. 15 at 6 p.m. at Harrod’s Creek Fire Station.

In an email, River Fields, a Louisville conservation nonprofit, encouraged people to attend the meeting to ask questions and share their thoughts about the development as it could potentially impact Garvin Brown Preserve.

Over, 1,150 feet of the Garvin Brown Preserve, a 47-acre riverfront preserve that is owned by River Fields, borders the proposed subdivision.

The subdivision would be to the east of the preserve and one of the nonprofit’s primary concerns is how the development would impact the view shed of the area and the ecological integrity of the landscape and habitat.  

“Currently, a walker at Garvin Brown Preserve sees a wide rural field with scattered trees in front of one large house framed by mature trees, but further development of the neighboring property will suburbanize this view forever,” the email states.

Gilezan said she’s already met with River Fields to discuss some of their concerns. She said their concerns about the density of homes in the area were alleviated because there aren’t going to be hundreds of units and only a handful of units on the riverfront.

Discussion between Gilezan, Sabak, Wilson & Lingo, Inc., which is also working on the development site plan and River Fields is ongoing; as next week’s public meeting is meant to give those concerned an opportunity to review the plan and discuss the proposal.

Moving forward, Gilezan said she hopes to get the necessary applications and paperwork approved so work on the development can begin in earnest. Approval would come from Louisville Metro, and a zoning change would not be required for the development.

The public meeting for the subdivision is Jan. 15 at 6 p.m. at Harrod’s Creek Fire Station, 8905 U.S. 42.