241 Shady Lane, Lexington, KY 40503

$820,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,738 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $820,000 List Date: 11/09/2015 Last Modified: 8/28/2025

Overview

Description

A super rare location backing to UK Arboretum minutes away from UK campus and Central Baptist Hospital, you'll find this gem tucked privately away among the mature trees of Tahoma Terrace. This colonial home was beautifully, professionally remodeled giving you desired modern amenities: gourmet kitchen, wine room, & spa-like bathrooms including a steam shower in 3rd floor guest suite while giving nods to old-world charm everywhere. This home boasts gorgeous level of finish from carrera marble in kitchen, Travertine and slate tiling in bathrooms, and real hardwood flooring. The master suite on 2nd level is a must see to appreciate; you'll feel like you are in a high-end spa when entering the bathroom! Huge walk-in closet with its own washer/dryer along with full length mirror that also acts as TV while getting ready in morning. Screened-in porch on 2nd level overlooking expansive backyard flowing into arboretum and all of its beauty. Call for your private showing today!

Listing Details MLS# 1524120

Listing Information

Property Sub Type
Single Family Residence

Status Change Information

Price Change Timestamp
2016-06-15T18:53:39Z
Status Change Timestamp
2016-06-15
Purchase Contract Date
2016-05-02
Close Date
2016-06-14
Close Price
820000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
none

Address

County
Fayette
Street Number
241
Street Name
Shady
Street Suffix
Lane
State
KY
Zip Code
40503
Directions
outbound Nicholasville Rd just pass Central Baptist Hospital, take a left onto Shady Lane, house is on the left
Parcel Number
26314950

Contract

Original List Price
889900
Start Showing Date
2015-11-09
Listing Contract Date
2015-11-09
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
178.32
Sold Price/SqFt
173.07
SP/LP
0.97

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Tahoma Terrace
High School District
Fayette County - 1

Interior

Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Above Grade Finished Area
3738
Below Grade Finished Area
1000
Below Grade Unfinished Area
460
Living Area
4738
Basement YN
Yes
Fireplace YN
Yes
Bathrooms Half
0
Above Grade Unfinished Area
0

More Information

Parking Information

Garage YN
Yes
Garage Spaces
2

Building

Year Built
1939

Lot

Lot Size Source
Appraiser
Lot Size Acres
0.28
Lot Size Square Feet
12196.81
Waterfront YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Remarks

Public Remarks
A super rare location backing to UK Arboretum minutes away from UK campus and Central Baptist Hospital, you'll find this gem tucked privately away among the mature trees of Tahoma Terrace. This colonial home was beautifully, professionally remodeled giving you desired modern amenities: gourmet kitchen, wine room, & spa-like bathrooms including a steam shower in 3rd floor guest suite while giving nods to old-world charm everywhere. This home boasts gorgeous level of finish from carrera marble in kitchen, Travertine and slate tiling in bathrooms, and real hardwood flooring. The master suite on 2nd level is a must see to appreciate; you'll feel like you are in a high-end spa when entering the bathroom! Huge walk-in closet with its own washer/dryer along with full length mirror that also acts as TV while getting ready in morning. Screened-in porch on 2nd level overlooking expansive backyard flowing into arboretum and all of its beauty. Call for your private showing today!

Room Types

Bathroom 1 Level
First
Bedroom 1 Level
First
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Office Level
Second
Primary Bedroom Level
Second
Recreation Room Level
Lower
Utility Room Level
Lower
Bathroom 1
Yes
Bedroom 1
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Office
Yes
Primary Bedroom
Yes
Recreation Room
Yes
Utility Room
Yes

Currently Not Used

List Price/Acre
3017500

Tax & Legal

Elementary School
Glendover
Middle Or Junior School
Morton
High School
Lafayette
Tax Rate
1.1978
Inside New Circle Road YN
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Attic Features

Partially Floored
Yes
Walk-In Attic
Yes

Basement

Full
Yes
Partially Finished
Yes
Walk-Up Access
Yes

Community Features

Park
Yes

Construction Materials

Brick Veneer
Yes

Cooling

Zoned
Yes
Other
Yes

Exterior Features

Storm Door(s)
Yes
Other
Yes

Fencing

Partial
Yes

Fireplace Features

Gas Starter
Yes
Living Room
Yes
Masonry
Yes
Primary Bedroom
Yes

Flooring

Concrete
Yes
Hardwood
Yes
Marble
Yes
Slate
Yes
Tile
Yes
Other
Yes

Foundation Details

Stone
Yes

Heating

Forced Air
Yes
Natural Gas
Yes
Zoned
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Walk-In Closet(s)
Yes

Levels

Three Or More
Yes

Lot Features

Many Trees
Yes
Wooded
Yes

Parking Features

Detached Garage
Yes
Garage Door Opener
Yes
Garage Faces Rear
Yes
Off Street
Yes

Patio And Porch Features

Patio
Yes

Possession

Close Of Escrow
Yes

Roof

Dimensional Style
Yes

Security Features

Security System Owned
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Pet(s) on Premises
Yes

Water Heater

Gas
Yes

Water Source

Public
Yes

Window Features

Blinds
Yes
Insulated Windows
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Attic Features: Partially Floored; Walk-In Attic Basement: Full; Partially Finished; Walk-Up Access Community Features: Park Construction Materials: Brick Veneer Cooling: Zoned; Other Exterior Features: Storm Door(s); Other Fencing: Partial Fireplace Features: Gas Starter; Living Room; Masonry; Primary Bedroom Flooring: Concrete; Hardwood; Marble; Slate; Tile; Other Foundation Details: Stone Heating: Forced Air; Natural Gas; Zoned Interior Features: Breakfast Bar; Ceiling Fan(s); Walk-In Closet(s) Levels: Three Or More Lot Features: Many Trees; Wooded Parking Features: Detached Garage; Garage Door Opener; Garage Faces Rear; Off Street Patio And Porch Features: Patio Possession: Close Of Escrow Roof: Dimensional Style Security Features: Security System Owned Sewer: Public Sewer Showing Considerations: Pet(s) on Premises Water Heater: Gas Water Source: Public Window Features: Blinds; Insulated Windows Showing Requirements: Showing Service Room Types: Bathroom 1; Bedroom 1; Dining Room; Kitchen; Living Room; Office; Primary Bedroom; Recreation Room; Utility Room

Room Information

Room Name
Bathroom 1
Bedroom 1
Dining Room
Office
Kitchen
Living Room
Primary Bedroom
Recreation Room
Utility Room
Listing Office: Keller Williams Commonwealth
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.