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$2,200,000 ↓$300,000on 9/26/2024

1404 Meganwood Circle Lexington, KY  40502

  • 6 Beds
  • 6 Baths

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Property Description for 1404 Meganwood Circle Lexington, KY 40502

Incredibly unique, custom-built (Ken Hiler) mid-century modern home boasting 22' cathedral ceilings, incredible natural light, numerous lofts, 6 bed & 5.5 baths on large tree-lined lot in ideal location. Wood & stone exterior makes for a striking home w/ beams crafted from large, old, roughhewn timber taken from Kentucky barns. Three large, stone, floor-to-ceiling wood burning fireplaces built w/ flat stacked KY River Stone add warmth & beauty. Open living room w/ mezzanine, numerous windows & skylights & a spectacular fireplace. Spacious dining room, custom kitchen w/ large island, double oven & hand-distressed alder cabinets plus adjacent cozy family room. Primary suite features loft space, bathroom w/ steam shower, multiple shower heads & Jacuzzi tub. Three additional bedrooms (1 w/ en-suite bath) & another 2.5 bathrooms (1 w/ accessible shower) on 1st floor. Lower level/walk-out basement is an incredible space for entertaining, w/ fireplace, wet bar & cabinets crafted from rare wormy chestnut, 2 additional bedrooms, full bathroom, tons of storage & cedar closet. Multiple stone patios + balcony of the living rooms for outdoor entertaining plus a 3-car detached garage!

Address:1404 Meganwood Circle Lexington KY 40502
Status:Active
on site: 99 days
Price:$2,200,000
Bedrooms:6 Beds
Bathrooms:5 Full Baths, 1 Half Baths
Year Built:1979
Lot Size:0.65
County: Fayette
School System : Fayette County - 1
MLS #:24017169
Property Type:Single Family Residence

Lot Dimensions:28484
Lot Features:0, 1
Water Source:Public
Directions:Tates Creek to Alumni, outbound on Alumni, then right on Chinoe, right on Pepperhill, left on Warrenwood, left on Meganwood.
Abv. Grnd. Sq. Ft. :6,613
Sq. Ft. Source:Public Records
Garage:

Loan Price
$12,393
Price And Interest $11,476/month
Property Tax $0/month
MTG INS $0/month
HOME INS $917/month
Price
$2,200,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$11,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/26/24 $2,500,000 $2,200,000 -12%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Foyer Info Not Available
Living Room Info Not Available
Dining Room Info Not Available
Kitchen Info Not Available
Family Room Info Not Available
Great Room Info Not Available

Mandatory HOA Fee:$500

Area: 003 - Fayette County SE
City:Lexington
Subdivision: Warrenton Woods
Zip Code:40502

School System:Fayette County - 1
High School:Henry Clay
Middle School:Morton
Elementary School:Julius Marks

Interior Features:Entrance Foyer - 2 Story, Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Security System Leased, Breakfast Bar, Dining Area, Bedroom First Floor, In-Law Floorplan, Entrance Foyer, Wet Bar
Exterior Type:Wood Siding, Stone
Heat:Heat Pump, Wood
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Dan Elkinson with Bluegrass Sotheby's International Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lexington, KY Market Report

84
Avg. DOM
$243
Avg. $ / Sq.Ft.
$ 407,500
Med. List Price

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $40,464.05. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Down. The average house price is $399,900.00 and the average price per square feet is $232.94 per square feet. At the moment, the amount of homes listed is exactly 12092 houses, with 431 with active status, 370 with pending status and 11291 sold in Lexington .

The most popular place to buy a home in Lexington is 003 - Fayette County SE. 003 - Fayette County SE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 2032 minutes ago.

At the moment we have 28 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $89,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1794 and the newest built house is in year 9999.

The average size of properties in Lexington is 57.13 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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