It’s that time of year again — a chance to look back and marvel at some of our city’s most beautiful and extravagant homes. We started this practice last year by charting the most expensive neighborhoods in Louisville, and what a list we made!

All that lay before me was crunching the numbers for 2014 and … voila! We can partake another holiday tradition of ogling and gawking to our heart’s content.

To remind all of the methodology, we’re considering Jefferson County neighborhoods where at least three homes sold over $500,000 from Jan. 1 until today. (Next year I might up the ante, but we’ll cross that bridge when we come to it.)

This year, we have 31 of the most expensive neighborhoods in Louisville, located mostly along the river to the north but still a few representatives to the east and more centrally located, as well.

Without further ado … on to the countdown!

10) Rolling Fields

Located off Brownsoboro Road between Mockingbird Valley and Indian Hills.

Number of homes: 8 — Average Sale Price: $693,000

Photo of home in Rolling Fields Louisville KY Most expensive neighborhoods
In some neighborhoods, the sale of a million dollar home (not pictured) really brings up the average, such as here in Rolling Fields.

9) Sutherland

Located just north of Prospect.

Number of homes: 5 – Average Sale Price: $706,600

Photo of a home in Sutherland Louisville KY Most expensive neighborhoods
Sutherland also did not make last year’s list, but that didn’t stop it from coming in ninth for 2014.

8) Woodstone

Located near Glenview, south of Prospect.

Number of homes: 4 – Average Sale Price: $777,825

Photo of a home in Woodstone Louisville KY Most expensive neighborhoods
Just off Highway 42, this little neighborhood boasts some amazing homes, but typically four of them don’t sell in a given year.

7) Indian Hills

Located off Brownsboro Road, just east of Mockingbird Valley.

Number of homes: 11 – Average Sale Price: $783,055

Indian Hills ranked seventh last year and did the same again in this year's survey of the most expensive neighborhoods in Louisville.
Indian Hills ranked seventh last year and did the same again in this year’s survey of the most expensive neighborhoods in Louisville.

6) Anchorage

Located in the East End, north of Middletown.

Number of homes: 12 – Average Sale Price: $786,718

Photo of home in Anchorage Louisville KY Most expensive neighborhoods
Anchorage ranked ninth last year but has moved up three spots in 2014, even though the average sold price remains relatively unchanged.

5) Mockingbird Gardens

Located next to Crescent Hill Golf Course off Brownsboro Road.

Number of homes: 9 – Average Sale Price: $954,222

Photo of home in Mockingbird Gardens Louisville KY
A fixture in our results, Mockingbird Gardens moved up one spot with three of their nine properties selling for more than a million dollars.

4) Bonniewood

Located off Brownsboro Road in St. Matthews, between Chenoweth and Hubbards Lane.

Number of homes: 3 – Average Sale Price: $973,000

Photo of a home in Bonniewood Louisville KY Most expensive neighborhoods
This diminuitive 39 parcel neighborhood near Indian Hills was not to be outdone by its larger, more well-known neighborhoods by coming in fourth place in this year’s results.

3) Glenview Acres

Located north on I-71 or U.S. 42, just off Lime Kiln Lane.

Number of homes: 3 – Average Sale Price: $1,021,633

Photo of home in Glenview Acres Louisville KY
Glenview Acres didn’t make the list last year because three or more homes didn’t sell during the year. This year three properties did sell, with an average value of $1,021,633. Wow!

2) Mockingbird Valley

Located between River Road and Brownsboro Road, northeast of Crescent Hill.

Number of homes: 3 – Average Sale Price: $1,353,333

Photo of home in Mockingbird Valley Louisville KY Most expensive neighborhoods
Mockingbird Valley moves up one spot to claim the red ribbon in this most expensive neighborhoods contest.

1) Glenview

Located on the Ohio River, south of Prospect.

Number of homes: 4 – Average Sale Price: $1,754,625

Only $24k separated the top spots last year. This year, Glenview blew away the closest competition for most expensive neighborhood in Louisville by a whopping $401,292. It's clear who the champion is now.
Only $24k separated the top spots last year. This year, Glenview blew away the closest competition for most expensive neighborhood in Louisville by a whopping $401,292. It’s clear who the champion is now.

Other “Most Expensive Neighborhoods in Louisville”

  • No. 13 — Estates of Hunting Creek: $682,204
  • No. 14 — Cherokee Triangle: $682,089
  • No. 15 — Cherokee Gardens: $673,688
  • No. 16 — Lake Forest: $667,324
  • No. 17 — Highlands: $662,286
  • No. 19 — Norton Commons: $638,775

Notes of Interest

  • The most expensive property in our survey was 4309 Glenview Ave., which sold for $3 million.
  • Spring Farm topped last year’s list, but only one property sold in this neighborhood during 2014. It did, however, sell for $1 million.
  • Twenty-six properties sold in Jefferson County for more than $500,000 that are not part of any neighborhood. The most expensive of this group was 1054 Alta Vista Road, which sold for $1 million.

If you’d like to view Louisville homes for sale by neighborhood, several of these expensive neighborhoods have active listings. Maybe it’s not too late to snag one for that particularly tricky person on your Christmas shopping list.

Correction: The photos for Glenview and Indian Hills have been replaced due to errors in the original post.

Tre Pryor
Tre Pryor is an Internet-veteran turned tech-savvy Louisville Realtor with ReMax Champions. Mr. Pryor is the recognized Louisville real estate expert writing for both InsiderLouisville.com and the #1 real estate blog in the city--LouisvilleHomesBlog.com. Most of all, Tre is a trustworthy professional who wants you to see your dreams fulfilled!