Spring Farm Lake

Spring Farm Lake HOA Fees, Rules & Amenities (Prospect, KY)

Prospect, Kentucky

Last Updated: May 29, 2026

About This Community

Spring Farm Lake is a planned community in Prospect, Kentucky (ZIP 40059). The HOA fee is $150 per month. On-site amenities include Pool, Tennis Courts. Both long-term and short-term rentals are permitted under current rules. The community is pet-friendly.

Estimated Monthly HOA Fee
$150
Est. Yearly Fee$1,800/yr

HOA Rules & Restrictions

Rentals Allowed
Yes
Airbnb / Short-term Rentals
Yes
Pet Friendly
Yes

Pet Restrictions

Max 2 pets, dogs under 50 lbs

Parking Rules

2 car garage required, guest parking on street

Rental Status

Rentals AllowedYES

Amenities

Pool
Tennis Courts

Frequently Asked Questions About Spring Farm Lake

Living in Prospect, Kentucky

Spring Farm Lake is one of Prospect's HOA communities tracked on HOA's HUB. Prospect sits in Kentucky, and is part of the broader Kentucky HOA market. Homeowners here are part of a planned community with monthly HOA dues averaging $150, which typically covers shared maintenance, common-area upkeep, and association management.

Before buying or moving into any Prospect HOA, it's worth comparing fees, pet policies, rental rules, and amenities across nearby neighborhoods. Use our HOA comparison tool to put Spring Farm Lake side-by-side with other associations in the area, or read our HOA buyer guides for tips on closing costs, special assessments, and resale rules specific to Kentucky.

Amenities at Spring Farm Lake include pool, tennis courts. Always confirm what's currently active with the HOA board before relying on any amenity for your buying decision - clubhouses, pools, and gates sometimes change status year over year.

HOA's Hub Insights

Spring Farm Lake sits in the more affordable end of Prospect's HOA market, with monthly dues around $150. That makes it an attractive option for first-time buyers or anyone trying to keep recurring carrying costs down. Households with dogs or cats will find Spring Farm Lake's pet policy more permissive than many peers in Prospect, though residents should still read the bylaws for size or breed caveats. Owner-investors get more runway here - long-term leases are allowed under the association's current rules. Short-term rentals are allowed, giving owners an income lever many Kentucky HOAs don't permit. Residents share access to pool, tennis courts, which factor into the monthly dues. Before committing, pull the latest CC&Rs and the most recent two annual meeting minutes - fee schedules and rule sets can shift year-over-year.

🏡 Our Quick Take

💰 HOA FeesLow
🏘️ Home TypeSingle-Family
👨‍👩‍👧 Best ForInvestors
📍 Location AppealEstablished
⚠️ RestrictionsLight

Quick Facts

Statusactive
PetsAllowed
RentalsAllowed
AirbnbAllowed

Contact Information

+1 502-899-2129Visit Website
5011 Spring Farm Rd, Prospect, KY 40059, United States

Google Reviews

3.3

3 reviews

View on Google Maps

Data Disclaimer

HOA information on this page is provided for research purposes and may change over time. Monthly fees, amenities, pet policies, rental rules, and contact details should always be verified directly with the Spring Farm Lake board, the property management company, or a licensed Kentucky real estate professional before making any buying, selling, or moving decision. HOA's HUB does not guarantee the accuracy, completeness, or current status of any listed community.