Bonnycastle Located in the highlands just off Cherokee Park is the famous Bonnycastle   neighborhood.  It is contained by Bardstown Road, Cherokee Road, Eastern Parkway, and Speed Ave.  The subdivision is only minutes away from downtown Louisville and is close to some of Louisville's best local shopping and restaurants.  Its homes are in high demand and the area houses one of the Derby's most grand parties known as the Barnstable Brown Party.  To see some of these fine homes click here. The neighborhood is named after the Bonnycastle family who owned a large estate there.  The subdivision was developed by a well known landscaper in the late 1800's who had plans to use Eastern Parkway to connect Cherokee Park with Irquois Park and Shawnee Park according to the Courier Journal. As trolley... 12/15/2009