1 year on rocket

4950 Jennie Kate Ln, Lexington, KY, 40510

$1,784,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 2 Partial
House

Location

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4950 Jennie Kate Ln, Lexington$1,784,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1974
HeatingElectric, Heat Pump, Propane
CoolingElectric, Heat Pump
BasementYes
MLS #23020010
Lot Size12.00 Acres
StatusActive

About 4950 Jennie Kate Ln

Stunning 12 acre, 7 Bedroom, 10,444 sq ft Furnished Villa, next to Keeneland with amazing views and is a manicured haven in the heart of horse country. Immediate access to Keeneland via Back Gate Drive. The exquisite estate is surrounded by horse farms and has nearly 1200 ft of gorgeous Elkhorn creek frontage, a forested preserve with nature trails, rolling green pastures, with space to stretch out and relax. Enjoy the woods and privacy on the property, yet close to the airport and downtown Lexington. There are 7 spacious bedrooms, 3 of which have ensuite bathrooms. 2 other full bathrooms and 2 half baths are available in convenient locations throughout the manor. One bedroom has 6 built-in bunk twin beds. Two full kitchens as well as a small kitchenette bar area adjacent to the main living room.The home has been extensively remodeled over the past year including new roof, completely repainted interior, new flooring, appliances, and more. Has been operating as a very successful short term rental (grossed $230,000 in rental revenue in the past 12 months), and furnishings are offered as part of the sale. Also a successful Bed & BreakfastCall for your private showing today

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1974
  • Stories: 2

Listing Office:

  • Office Name: ERA Select Real Estate
  • Office Phone: (859) 296-1525

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Marble, Tile
  • Interior: Ceiling Fan(s), Central Vacuum, Dining Area, Eat-in Kitchen, Entrance Foyer - 2 Story, In-Law Floorplan, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 12.00 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Outbound Versailles Rd past the airport and Kenneland, Right on Rosalie left on Jennie Kate Lane House is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,784,000

Tax Information:

  • Annual Amount: $4,682
  • 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

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

4950 Jennie Kate Ln vs Lexington

404 DAYS ON ROCKET

+382 Days

$1,784,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23020010

Listing Office:

  • Office Name: ERA Select Real Estate
  • Office Phone: (859) 296-1525

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: 11/24/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,682$661,400
2019$4,682$661,400
2018$4,682$661,400

History based on county public records data.

Payment Calculator

$8,971

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,415

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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-1123134
8
/10

  • Rosa Parks Elementary School

  • 1251 Beaumont Centre Ln

  • 3.90 miles

  • Public District Grades KG-5

school-card-donut-1123135
1
/10

  • James Lane Allen Elementary School

  • 1901 Appomattox Rd

  • 4.41 miles

  • Public District Grades PK-5

school-card-donut-1123136
2
/10

  • Cardinal Valley Elementary School

  • 218 Mandalay Rd

  • 4.61 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 $102,500. The most common annual income of people living in Lexington, KY is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Lexington, KY?

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.

Is it easy to get around Lexington, KY without a car?

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.

Transportation in Lexington, KY.

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 4950 Jennie Kate Ln

What is the listing price of this property?

The listing price of 4950 Jennie Kate Ln property is $1,784,000.

What type of property is this?

The property 4950 Jennie Kate Ln is a house located in Lexington, Kentucky, 40510.

Is this property for sale now?

Active Listing: 4950 Jennie Kate Ln 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 $4,682 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4950 Jennie Kate Ln has 7 bedrooms and 5 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 4950 Jennie Kate Ln is 1974.

Rocket Homes›Kentucky›Fayette County›Lexington›40510›4950 Jennie Kate Ln

This home is located at 4950 Jennie Kate Ln in Lexington, KY and zip code 40510. This home, which was built in 1974, sits on a 12.00 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 16, 2023 and is currently priced at $1,784,000.

In October 2024 more than 60 listings in Lexington, KY were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 160 were sold below. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. Listings spent 22 days on the market in October 2024, and had a median list price of $324,770 during the same period.

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

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