6 months on rocket

4950 Jennie Kate Ln, Lexington, KY, 40510

$2,094,400

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 2 Partial
House
Schools Nearby

Location

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4950 Jennie Kate Ln, Lexington$2,094,400

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

School Info

Assigned Schools Information:

  • Paul Laurence Dunbar High School, Public District Grades 9-12
  • Leestown Middle School, Public District Grades 6-8
  • Meadowthorpe Elementary School, Public Magnet Grades KG-5

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: $2,094,400

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

$310.6K

Med. Price/SqFt

$148

Avg. Days On Market

24

# of Sold Homes

241

4950 Jennie Kate Ln vs Lexington

194 DAYS ON ROCKET

+170 Days

$2,094,400

+$1.7M More

KEY TAKEAWAY

This property is $1.7M 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: 4/28/2024, 6:25:19 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

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,346

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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.

Elementary School

school-card-donut-1969196
7
/10

  • Meadowthorpe Elementary School

  • 1710 N Forbes Rd

  • 5.67 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1969197
6
/10

  • Leestown Middle School

  • 2010 Leestown Rd

  • 5.29 miles

  • Public District Grades 6-8

High School

school-card-donut-1969198
6
/10

  • Paul Laurence Dunbar High School

  • 1600 Man O War Blvd

  • 3.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,500. Residents of Lexington, KY typically earn between $35k-100k each year. 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

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 $2,094,400.

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 are the assigned schools for this property?

The assigned schools for 4950 Jennie Kate Ln are:
Meadowthorpe Elementary School: GreatSchools Rating 7/10
Leestown Middle School: GreatSchools Rating 6/10
Paul Laurence Dunbar High School: GreatSchools Rating 6/10

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 $2,094,400.

In March 2024, from all listings sold in Lexington, KY there were more than 73 sold above asking price, over 102 sold below and more than 66 were sold right at the asked price. Between February 2024 and March 2024, Lexington, KY real estate market has seen increase in the number of listings by 11.4%. In March 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $310,646.

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

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