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3494 Lemons Mill Pike, Lexington, KY, 40511

$1,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths
House

Location

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3494 Lemons Mill Pike, Lexington$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built1984
HeatingElectric, Zoned, Heat Pump, Propane
CoolingHeat Pump, Electric, Zoned
MLS #24024036
Lot Size24.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 3494 Lemons Mill Pike

This remarkable horse barn conversion is a rare blend of historic charm & modern convenience, designed to impress. The expansive great room, w/wood-burning stove, soaring ceilings, & exposed wood beams create a warm & inviting atmosphere. The spacious family room offers additional living space for relaxation or entertaining. With 3 large bedrooms & 4 full baths, there's room for everyone to enjoy the luxurious lifestyle this property offers. The updated, modern kitchen is a chef's dream, filled with natural light & equipped w/everything you need for everyday meals or entertaining guests. Discover a 2-car garage for easy storage & convenience, plus 24 scenic acres with easy access to the KY Horse Park, ideal for horse lovers and outdoor enthusiasts alike. The property also features a new 8 stall barn w/a 1,000 sq. ft. apartment above, perfect for guests or potential rental income. Enjoy sunny days by the inground saltwater pool or peaceful evenings along Elkhorn Creek, which the property backs to, offering unparalleled views & privacy. This unique property combines the best of countryliving w/easy access to modern amenities, making it a true gem in the heart of KY's horse country!

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 544-6175

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Gas Range, Washer, Refrigerator, Range, Microwave, Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Wood, Tile
  • Interior: Dining Area, Entrance Foyer, Bedroom First Floor, Primary First Floor, Walk-In Closet(s), Security System Owned, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Driveway

Lot Features

Lot Information:

  • Lot: Wooded, Secluded
  • Lot Size: 24.00 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Newtown Pike to Iron Works Pike to Mt. Horeb to Lemons Mill. Property will be on your left. There is a small sign at the end of the driveway that has the address and ''Atkins'' on it. Follow the drive all of the way back. You'll pass the two pastures on your left and then the barn. The house will be straight ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $4,097
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

3494 Lemons Mill Pike vs Lexington

33 DAYS ON ROCKET

+12 Days

$1,500,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024036

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 544-6175

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: 12/18/2024, 10:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 07, 2016Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,097$788,000
2019$4,009$780,000
2018$4,009$780,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-4485853
3
/10
  • Russell Cave Elementary School

  • 3375 Russell Cave Rd

  • 3.59 miles

  • Public District Grades PK-5

school-card-donut-4485854
4
/10
  • Lemons Mill Elementary School

  • 300 School House St

  • 4.06 miles

  • Public District Grades KG-5

school-card-donut-4485855
7
/10
  • Eastern Elementary School

  • 3407 Newtown Pike

  • 4.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,118. Residents of Lexington, KY typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lexington, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lexington, KY?

The housing landscape in Lexington is characterized by a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and contemporary designs that cater to modern preferences. The market also includes a selection of apartments and townhouses, providing alternatives for those seeking different living arrangements. The homeownership rate in Lexington is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

Is Lexington, KY a good place to live?

Lexington is celebrated for its vibrant equestrian culture and is often referred to as the 'Horse Capital of the World.' The community prides itself on its picturesque landscapes, with rolling hills and horse farms defining much of the area's character. Local events such as the annual Kentucky Three-Day Event showcase the city's deep connection to horse racing and equestrian activities, reflecting the unique identity and values of the community.

Are things conveniently located in Lexington, KY?

The community benefits from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school. Lexington also hosts a number of private educational institutions, some with religious affiliations, offering additional choices for residents. Healthcare facilities are comprehensive, with major hospitals providing a range of services from urgent care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining experiences are plentiful, with options that mirror the local culture and cuisine.

What does the transportation in Lexington, KY look like?

Lexington's transport infrastructure supports both private and public transit options, with a public bus system that operates on a set schedule, facilitating movement around the city. While specific ride-sharing statistics are not mentioned, such services are available to complement the public transportation system. The city features areas that are pedestrian-friendly, particularly in the downtown region, and efforts have been made to improve bikeability. A network of roads and highways, including the New Circle Road and major routes like I-75 and I-64, aid in efficient commuting and travel to and from Lexington.

Frequently Asked Questions About 3494 Lemons Mill Pike

What is the listing price of this property?

The listing price of 3494 Lemons Mill Pike property is $1,500,000.

What type of property is this?

The property 3494 Lemons Mill Pike is a house located in Lexington, Kentucky, 40511.

Is this property for sale now?

Accepting Backup Offers: 3494 Lemons Mill Pike is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,097 (source: MLS/based on county public records data).

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

The last sale was on October 7, 2016 for $780,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3494 Lemons Mill Pike has 3 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 3494 Lemons Mill Pike is 1984.

Rocket Homes›Kentucky›Fayette County›Lexington›40511›3494 Lemons Mill Pike

This home is located at 3494 Lemons Mill Pike in Lexington, KY and zip code 40511. This home, which was built in 1984, sits on a 24.00 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,500,000.

Lexington, KY housing market in November 2024 saw over 44 listings sold above listed price, more than 65 sold at listed price and over 128 sold below. The number of listings in Lexington, KY decreased by 4.7% between October 2024 and November 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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