4950 Jennie Kate Lane, Lexington, KY 40510

$1,940,000 Asking Price

7 beds

7 baths

10,444 sqft

Built in 1974

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

Listing Status:: Active
Date Added:: October 15, 2023 — 235 days ago
Listing Office:: ERA Select Real Estate
Office Phone:: 859-296-1525
MLS ID:: 23020010

Features & Amenities

Interior

General:: Ceiling Fan(s),Central Vacuum,Dining Area,Eat-in Kitchen,Entrance Foyer - 2 Story,In-Law Floorplan,Wet Bar
Appliances:: Dishwasher,Disposal,Double Oven,Refrigerator
Basement:: Concrete,Crawl Space,Finished,Partial,Walk-Out Access
Flooring:: Carpet,Hardwood,Marble,Tile
A/C:: Electric,Heat Pump
Heating:: Electric,Heat Pump,Propane Tank Leased
Fireplace:: Fireplace

Exterior

General:: Deck,Patio,Porch
Style:: Contemporary

Construction

Roofing:: Dimensional Style
Windows:: Blinds,Insulated Windows
General:: Two

Location

School District:: Fayette County - 1
County:: Fayette

Lot

Zoning:: 23139325
View:: Farm,Other,Rural,Trees,Water

Utilities

Water:: Public
Sewer:: Public Sewer

This listing courtesy of:
ERA Select Real Estate

About Lexington, KY

Housing

Number of Units: 150,578
Median Home Value: $234,649
Median Rent: $808

47.08% of housing units are renter occupied.

7.74% are vacant.

Commute

Car: 70.69%
Public Transportation: 1.68%
Walk to Work: 3.02%
Work from Home: 23.41%
Other: 0.80%

The median travel time to work is 17 minutes.

People

Population: 324,910
Median Age: 36.50
Median Household Size: 2.55

Education

High School: 18.97%
Associate’s Degree: 7.03%
Bachelor’s Degree: 25.35%
Graduate Degree: 20.32%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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4950 Jennie Kate Lane, Lexington, KY 40510

$1,940,000 Asking Price