241 Shady Lane, Lexington, KY 40503

$860,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,726 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $860,000 List Date: 4/12/2019 Last Modified: 8/28/2025

Overview

Description

Picturesque colonial home backing up to the Arboretum; rare find in Lexington! Located in Tahoma Terrace with mature trees and direct access to the tranquility of the Arboretum. This exceptional home delightfully intertwines the past with all the modern touches of today: gourmet kitchen w/ Carrera marble, stainless appliances, gas range, new lighting. Master suite is perfectly appointed with an array of comforts: fireplace, spacious en suite with perfect natural light, large Jacuzzi, updated his/her walk in closets, even laundry facilities. Home boasts gleaming hardwood, tall ceilings, travertine and slate tiles, formal dining and family rooms and 2nd floor screened porch overlooking the Arboretum. Third floor has steam bath, space for game room, bedrooms, office; so many possibilities. Lower level features two room basement with bar & wine room, TV area, and separate game room. You'll love watching every season change from your private patios! Call for your private showing today!

Listing Details MLS# 1907582

Listing Information

Property Sub Type
Single Family Residence

Status Change Information

Price Change Timestamp
2019-05-30T18:11:34Z
Status Change Timestamp
2019-05-30
Purchase Contract Date
2019-04-16
Close Date
2019-05-30
Close Price
860000
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
Taking Nicholasville Rd. inbound, past Southland Dr., turn right onto Shady Lane. The home on the left.
Parcel Number
26314950

Contract

Original List Price
875000
Start Showing Date
2019-04-12
Listing Contract Date
2019-04-12
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
185.15
Sold Price/SqFt
181.97
SP/LP
0.98

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
3726
Below Grade Finished Area
1000
Below Grade Unfinished Area
455
Living Area
4726
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
Assessor
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
Picturesque colonial home backing up to the Arboretum; rare find in Lexington! Located in Tahoma Terrace with mature trees and direct access to the tranquility of the Arboretum. This exceptional home delightfully intertwines the past with all the modern touches of today: gourmet kitchen w/ Carrera marble, stainless appliances, gas range, new lighting. Master suite is perfectly appointed with an array of comforts: fireplace, spacious en suite with perfect natural light, large Jacuzzi, updated his/her walk in closets, even laundry facilities. Home boasts gleaming hardwood, tall ceilings, travertine and slate tiles, formal dining and family rooms and 2nd floor screened porch overlooking the Arboretum. Third floor has steam bath, space for game room, bedrooms, office; so many possibilities. Lower level features two room basement with bar & wine room, TV area, and separate game room. You'll love watching every season change from your private patios! Call for your private showing today!

Showing Information

Showing Instructions
Ekey will be placed at the side door. Please use Showing Assist. Seller has 2 small dogs and a cat (Henry). Cat can come and go inside and outside. Dogs will be removed prior to showing.

Room Types

Bathroom 1 Level
First
Bedroom 1 Level
First
Bonus Room Level
Second
Dining Room Level
First
Family Room Level
First
Kitchen Level
First
Primary Bedroom Level
Second
Recreation Room Level
Lower
Utility Room Level
Lower
Bathroom 1
Yes
Bedroom 1
Yes
Bonus Room
Yes
Dining Room
Yes
Family Room
Yes
Kitchen
Yes
Primary Bedroom
Yes
Recreation Room
Yes
Utility Room
Yes

Currently Not Used

List Price/Acre
3125000

Tax & Legal

Elementary School
Glendover
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2677
Inside New Circle Road YN
Yes

Appliances

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

Attic Features

Finished
Yes
Walk-In Attic
Yes

Basement

Full
Yes
Partially Finished
Yes
Walk-Out Access
Yes
Walk-Up Access
Yes

Community Features

Park
Yes

Construction Materials

Brick Veneer
Yes

Cooling

Zoned
Yes

Exterior Features

Storm Door(s)
Yes
Other
Yes

Fireplace Features

Family Room
Yes
Masonry
Yes
Primary Bedroom
Yes

Flooring

Concrete
Yes
Hardwood
Yes
Marble
Yes
Slate
Yes
Tile
Yes

Foundation Details

Stone
Yes

Heating

Forced Air
Yes
Natural Gas
Yes
Zoned
Yes

Interior Features

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

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Lot Features

Many Trees
Yes
Wooded
Yes

Parking Features

Detached Garage
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Possession

Close Of Escrow
Yes

Roof

Dimensional Style
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: Finished; Walk-In Attic Basement: Full; Partially Finished; Walk-Out Access; Walk-Up Access Community Features: Park Construction Materials: Brick Veneer Cooling: Zoned Exterior Features: Storm Door(s); Other Fireplace Features: Family Room; Masonry; Primary Bedroom Flooring: Concrete; Hardwood; Marble; Slate; Tile Foundation Details: Stone Heating: Forced Air; Natural Gas; Zoned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: Three Or More Lot Features: Many Trees; Wooded Parking Features: Detached Garage Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Roof: Dimensional Style 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; Bonus Room; Dining Room; Family Room; Kitchen; Primary Bedroom; Recreation Room; Utility Room

Room Information

Room Name
Bathroom 1
Bonus Room
Bedroom 1
Dining Room
Family Room
Kitchen
Primary Bedroom
Recreation Room
Utility Room
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.