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Backup Offers

5862 Cedarcreek Ln, Lexington, KY, 40515

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

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5862 Cedarcreek Ln, Lexington$950,000

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, Other
Year Built2004
HeatingElectric, Forced Air, Heat Pump, Propane
CoolingAttic Fan, Electric, Heat Pump
BasementYes
FireplaceGas Log
MLS #24003421
Lot Size30.49 Acres
StatusAccepting Backup Offers
(Contingent)

About 5862 Cedarcreek Ln

Don't miss this exceptional opportunity to own a slice of Fayette County's most coveted real estate. Perched atop a picturesque hill, this property offers awe-inspiring views in every direction, boasting perhaps the finest sunrises and sunsets in all of Lexington. Situated on a peaceful dead-end street maintained by the water company, you'll enjoy swift road clearance after inclement weather.Spanning over 4,000 sq ft across two stories, this home features an unfinished walk-out basement with 9-foot ceilings. The cozy family room seamlessly transitions into the kitchen and dining area, perfect for hosting gatherings with loved ones. Outside, you'll find a fully fenced dog-lot, a spacious patio, and an above-ground decked swimming pool. The oversized garage provides ample storage, while the oak horse barn offers 17 finished stalls, complete with water and electric connections, a tack room, and an overhead loft. Additional amenities include sawdust and hay bins, a feed room, and camper plugs.Located off Old Richmond Rd, this property serves as a serene sanctuary for both humans and horses alike, offering a desirable location and a multitude of amenities.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Electric Water Heater, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Bedroom First Floor, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch, Private Road, Storm Door(s)

Parking Information:

  • Parking: Driveway, Other

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 30.49 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Cooling: Attic Fan, Electric, Heat Pump

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Edythe Jones Hayes Middle School, Public District Grades 6-8
  • Squires Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Richmond Rd outbound and turn Right onto Old Richmond Rd drive about 4 miles. Turn Right onto Evans Mill Rd go about 1.5 miles. Turn left onto Cedarcreek Lane, go about 150 yards and there is a drive that is a Y, take that left follow the signs up the hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $3,350
  • 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

5862 Cedarcreek Ln vs Lexington

62 DAYS ON ROCKET

+38 Days

$950,000

+$639.3K More

KEY TAKEAWAY

This property is $639.3K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24003421

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

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: 4/27/2024, 6:25:19 PM 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$3,350$590,000
2019$3,350$590,000
2018$3,350$590,000

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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-1502141
8
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 5.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1502142
7
/10

  • Edythe Jones Hayes Middle School

  • 260 Richardson Pl

  • 4.67 miles

  • Public District Grades 6-8

High School

school-card-donut-1502143
5
/10

  • Henry Clay High School

  • 2100 Fontaine Rd

  • 8.39 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,500. The majority of Lexington, KY residents have income between $35k-100k annually. The majority of families are 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 5862 Cedarcreek Ln

What is the listing price of this property?

The listing price of 5862 Cedarcreek Ln property is $950,000.

What type of property is this?

The property 5862 Cedarcreek Ln is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Accepting Backup Offers: 5862 Cedarcreek Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5862 Cedarcreek Ln are:
Squires Elementary School: GreatSchools Rating 8/10
Edythe Jones Hayes Middle School: GreatSchools Rating 7/10
Henry Clay High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,350 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5862 Cedarcreek Ln has 5 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5862 Cedarcreek Ln is 2004.

Rocket Homes›Kentucky›Fayette County›Lexington›40515›5862 Cedarcreek Ln

This home is located at 5862 Cedarcreek Ln in Lexington, KY and zip code 40515 in the Clays Ferry neighborhood. This home, which was built in 2004, sits on a 30.49 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $950,000.

In March 2024 more than 73 listings in Lexington, KY were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 102 were sold below. In March 2024 in Lexington, KY there were 11.4% more homes for sale than in February 2024. Listings spent 24 days on the market in March 2024, and had a median list price of $310,646 during the same period.

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

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