4 months on rocket

1404 Meganwood Cir, Lexington, KY, 40502

$2,200,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths, 1 Partial
House

Location

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1404 Meganwood Cir, Lexington$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1979
HeatingHeat Pump, Wood
CoolingElectric, Zoned
BasementYes
FireplaceBasement, Family Room, Living Room, Masonry, Wood Burning
MLS #24017169
Lot Size0.65 Acres
StatusActive

About 1404 Meganwood Cir

Incredibly unique, custom-built (Ken Hiler) mid-century modern home boasting 22' cathedral ceilings, incredible natural light, numerous lofts, 6 bed & 5.5 baths on large tree-lined lot in ideal location. Wood & stone exterior makes for a striking home w/ beams crafted from large, old, roughhewn timber taken from Kentucky barns. Three large, stone, floor-to-ceiling wood burning fireplaces built w/ flat stacked KY River Stone add warmth & beauty. Open living room w/ mezzanine, numerous windows & skylights & a spectacular fireplace. Spacious dining room, custom kitchen w/ large island, double oven & hand-distressed alder cabinets plus adjacent cozy family room. Primary suite features loft space, bathroom w/ steam shower, multiple shower heads & Jacuzzi tub. Three additional bedrooms (1 w/ en-suite bath) & another 2.5 bathrooms (1 w/ accessible shower) on 1st floor. Lower level/walk-out basement is an incredible space for entertaining, w/ fireplace, wet bar & cabinets crafted from rare wormy chestnut, 2 additional bedrooms, full bathroom, tons of storage & cedar closet. Multiple stone patios + balcony of the living rooms for outdoor entertaining plus a 3-car detached garage!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Mid-Century
  • Year Built: 1979
  • Stories: 2

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Refrigerator, Trash Compactor, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bedroom First Floor, Breakfast Bar, Dining Area, Eat-in Kitchen, Entrance Foyer, Entrance Foyer - 2 Story, In-Law Floorplan, Primary First Floor, Security System Leased, Walk-In Closet(s), Wet Bar
  • Fireplace: Basement, Family Room, Living Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 0.65 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Wood
  • Cooling: Electric, Zoned

Other

Directions Information:

  • Directions: Tates Creek to Alumni, outbound on Alumni, then right on Chinoe, right on Pepperhill, left on Warrenwood, left on Meganwood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $11,930
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

1404 Meganwood Cir vs Lexington

137 DAYS ON ROCKET

+116 Days

$2,200,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017169

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 9:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2019Home Sold
$323,000
Nov 07, 2019Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,930$996,200
2019$11,930$996,200
2018$10,965$917,100

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2232458
4
/10

  • Julius Marks Elementary School

  • 3277 Pepperhill Rd

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-2232459
3
/10

  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-2232460
5
/10

  • Glendover Elementary School

  • 710 Glendover Rd

  • 1.23 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,190. Typical income of Lexington, KY residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1404 Meganwood Cir

What is the listing price of this property?

The listing price of 1404 Meganwood Cir property is $2,200,000.

What type of property is this?

The property 1404 Meganwood Cir is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Active Listing: 1404 Meganwood Cir is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,930 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2019 for $323,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1404 Meganwood Cir has 6 bedrooms and 5 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1404 Meganwood Cir is 1979.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›1404 Meganwood Cir

This home is located at 1404 Meganwood Cir in Lexington, KY and zip code 40502 in the Lansdowne Merrick neighborhood. This home, which was built in 1979, sits on a 0.65 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $2,200,000.

In November 2024 more than 44 listings in Lexington, KY were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 128 were sold below. In November 2024 in Lexington, KY there were 4.7% less homes for sale than in October 2024. While the average time on the market in November 2024 was 21 days, the median list price was $325,139.

From Rocket Homes Real Estate and based on county public records data.

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