11 days on rocket

525 Lucas Ln, Frankfort, KY, 40601

$2,200,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths, 1 Partial
House
Schools Nearby

Location

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525 Lucas Ln, Frankfort$2,200,000

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
Year Built2004
HeatingElectric, Forced Air, Natural Gas, Propane
CoolingElectric
BasementYes
FireplaceBlower, Dining Room, Family Room, Gas Log, Great Room, Living Room, Masonry, Outside, Primary Bedroom, Gas Fireplace, Recreation Room, Wood Burning
MLS #24008130
Lot Size20.00 Acres
StatusActive

About 525 Lucas Ln

Luxury 20+ Acre Equestrian Estate with Private Lake AccessDiscover unparalleled country living in this 8,000 sq ft estate, boasting bespoke equestrian facilities and a serene lake. The stone and Hardie siding home features Brazilian walnut floors, soaring 24-foot wood ceilings, and six fireplaces, including an outdoor limestone one. The gourmet kitchen is equipped with Viking appliances and a walk-in pantry. Luxuries include a saltwater pool, flat Tennessee quartz patios, and remote blinds. The four-stall horse barn, complete with a tack room and wash area, caters to all your equestrian needs. An in-law suite and a separate guest house offer ample accommodation. Experience a life of luxury and equine bliss.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2004
  • Stories: 2

Listing Office:

  • Office Name: Heart of KY Real Estate
  • Office Phone: (502) 600-1988

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Water Heater, Microwave, Water Heater, Refrigerator, Trash Compactor, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Bedroom First Floor, Breakfast Bar, Ceiling Fan(s), Central Vacuum, Dining Area, Eat-in Kitchen, Entrance Foyer, Entrance Foyer - 2 Story, In-Law Floorplan, Other, Primary First Floor, Security System Owned, Walk-In Closet(s), Wet Bar
  • Fireplace: Blower, Dining Room, Family Room, Gas Log, Great Room, Living Room, Masonry, Outside, Primary Bedroom, Gas Fireplace, Recreation Room, Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch, Private Road

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 20.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas, Propane
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Franklin County High School, Public District Grades 9-12
  • Elkhorn Middle School, Public District Grades 6-8
  • Peaks Mill Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: From Lexington take Versailles Rd to US 60, Take right to HWY 460, right on Switzer, Left on Lucas Lane home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $8,167
  • Tax Year: 2017
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Housing Market Comparison

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

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Frankfort, KY

City

Med. Sold Price

$230K

Med. Price/SqFt

$154

Avg. Days On Market

34

# of Sold Homes

56

525 Lucas Ln vs Frankfort

11 DAYS ON ROCKET

-23 Days

$2,200,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008130

Listing Office:

  • Office Name: Heart of KY Real Estate
  • Office Phone: (502) 600-1988

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: 5/7/2024, 9:20:36 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

Aug 21, 2020Home Sold
$1,350,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $993,984
2018 - $718,517
2017$8,167$716,093

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.

Elementary School

school-card-donut-7876808
7
/10

  • Peaks Mill Elementary School

  • 100 Peaks Mill Rd

  • 3.21 miles

  • Public District Grades 1-5

Middle School

school-card-donut-7876809
4
/10

  • Elkhorn Middle School

  • 1060 E Main St

  • 2.62 miles

  • Public District Grades 6-8

High School

school-card-donut-7876810
6
/10

  • Franklin County High School

  • 1100 E Main St

  • 2.49 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 $58,791. The majority of Frankfort, KY residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Lucas Ln

What is the listing price of this property?

The listing price of 525 Lucas Ln property is $2,200,000.

What type of property is this?

The property 525 Lucas Ln is a house located in Frankfort, Kentucky, 40601.

Is this property for sale now?

Active Listing: 525 Lucas 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 525 Lucas Ln are:
Peaks Mill Elementary School: GreatSchools Rating 7/10
Elkhorn Middle School: GreatSchools Rating 4/10
Franklin County High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2017 is $8,167 (source: MLS/based on county public records data).

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

The last sale was on August 21, 2020 for $1,350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 Lucas Ln has 6 bedrooms and 6 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 525 Lucas Ln is 2004.

Rocket Homes›Kentucky›Franklin County›Frankfort›40601›525 Lucas Ln

This home is located at 525 Lucas Ln in Frankfort, KY and zip code 40601. This home, which was built in 2004, sits on a 20.00 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $2,200,000.

Frankfort, KY housing market in April 2024 saw over 15 listings sold above listed price, more than 15 sold at listed price and over 26 sold below. The number of homes for sale in Frankfort, KY increased by 13.8% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $230,000 during the same period.

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

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