15 days on rocket

551 Cave Spring Rd, Nicholasville, KY, 40356

$979,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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551 Cave Spring Rd, Nicholasville$979,900

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 Built1998
HeatingGeothermal
CoolingGeothermal
BasementYes
FireplaceBasement, Great Room, Masonry, Wood Burning
MLS #24007046
Lot Size5.00 Acres
StatusActive

About 551 Cave Spring Rd

Nestled in the heart of Jessamine County at the end of a quiet street, this charming home sits on a sprawling 5-acre lot that feels like your own private slice of paradise. As you approach the property, you'll be immediately taken with the immaculate grounds, where lush lawns, manicured gardens, and mature trees create an ambiance of serenity and seclusion. The main level boasts a spacious eat in kitchen with breakfast bar and dining area, large walk-in pantry and separate laundry room with utility sink, plus a formal dining room, perfect for gathering with loved ones for a delicious meal and some great conversation. But the real heart of the home is the two-story great room, where a crackling wood-burning fireplace with floor to ceiling stone exterior invites you to kick back and relax. The highlight of the main level is the primary suite, offering a peaceful sanctuary complete with a beautifully updated bathroom featuring picture windows overlooking the backyard, dual walk-in closets, soaking tub, and a tiled walk-in shower. Upstairs, two spacious bedrooms await, along with a large bonus room and a full bath featuring double vanities, providing ample space for family or guests.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile, Vinyl
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Other, Primary First Floor, Security System Owned, Walk-In Closet(s)
  • Fireplace: Basement, Great Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Geothermal
  • Cooling: Geothermal

School Info

Assigned Schools Information:

  • West Jessamine High School, Public District Grades 9-12
  • West Jessamine Middle School, Public District Grades 6-8
  • Rosenwald Dunbar Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: Harrodsburg Road outbound, Right on Clear Creek, Right on Creekwood, Right on Cave Spring, House is on Right at end of road. *Cave Spring Road can also be accessed through Chandamere.

Price Information

Listing Price Info

Price Summary:

  • List Price: $979,900

Tax Information:

  • Annual Amount: $4,949
  • Tax Year: 2020
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Housing Market Comparison

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

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Nicholasville, KY

City

Med. Sold Price

$320.5K

Med. Price/SqFt

$161

Avg. Days On Market

27

# of Sold Homes

26

551 Cave Spring Rd vs Nicholasville

15 DAYS ON ROCKET

-12 Days

$979,900

+$659.3K More

KEY TAKEAWAY

This property is $659.3K more than the Median Sold Price in Nicholasville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007046

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: 5/1/2024, 10:25:19 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$4,949$440,000
2019$3,931$440,000
2018$3,931$440,000
2017$3,931$440,000

History based on county public records data.

Payment Calculator

$4,958

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,004

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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-4142248
5
/10

  • Rosenwald Dunbar Elementary School

  • 1500 Wilmore Rd

  • 3.08 miles

  • Public District Grades 1-5

Middle School

school-card-donut-4142249
5
/10

  • West Jessamine Middle School

  • 1400 Wilmore Rd

  • 3.16 miles

  • Public District Grades 6-8

High School

school-card-donut-4142250
7
/10

  • West Jessamine High School

  • 2101 Wilmore Rd

  • 2.79 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 $87,356. The most common annual income of people living in Nicholasville, KY is between $100k-200k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Cave Spring Rd

What is the listing price of this property?

The listing price of 551 Cave Spring Rd property is $979,900.

What type of property is this?

The property 551 Cave Spring Rd is a house located in Nicholasville, Kentucky, 40356.

Is this property for sale now?

Active Listing: 551 Cave Spring Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 Cave Spring Rd are:
Rosenwald Dunbar Elementary School: GreatSchools Rating 5/10
West Jessamine Middle School: GreatSchools Rating 5/10
West Jessamine High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,949 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 551 Cave Spring Rd has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 551 Cave Spring Rd is 1998.

Rocket Homes›Kentucky›Jessamine County›Nicholasville›40356›551 Cave Spring Rd

This home is located at 551 Cave Spring Rd in Nicholasville, KY and zip code 40356. This home, which was built in 1998, sits on a 5.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $979,900.

In March 2024 more than 4 listings in Nicholasville, KY were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 13 were sold below. Between February 2024 and March 2024, Nicholasville, KY real estate market has seen increase in the number of listings by 14.2%. The median list price of listings available in March 2024 was $320,523, while the average time on the real estate market was 27 days.

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

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