723 Mallard Bay, Lexington, KY 40502

$695,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,139 Lot Size (sq. ft.): 39,640 Status: Closed
Current Price: $695,000 List Date: 4/04/2013 Last Modified: 8/28/2025

Overview

Description

A rare opportunity to own a beautifully remodeled home, backing to the only real lake neighborhood in Lexington! This meticulously kept home is a complete Jimmy Nash remodel from the inside out. A desirable ranch on a walk out finished basement, you will feel at home from the moment you walk in the door. Sitting on one of the largest lots in The Island, this lake view home features a NEW all weathered dock perfect for Summer entertaining! Updates include: NEW Roof, NEW HVAC units, NEW exterior hardy & shake, NEW Windows, Irrigation system using the lake water, sitting area & fire pit, screened in patio and great deck! NEW Paint Interior & Exterior, Hardwood Flooring, NEW Great Room w/ Stone Fireplace, Upgraded Lighting, Home Theater, Premiere Garage system flooring & cabinets & much more! Lots of windows & doors for lake views from almost every room! The basement features a full kitchen & W/D hookup, great for a second living area. This house is the perfect home, in a perfect location!

Listing Details MLS# 1306326

Listing Information

Property Sub Type
Single Family Residence

Status Change Information

Price Change Timestamp
2013-06-11T15:39:41Z
Status Change Timestamp
2013-06-11
Purchase Contract Date
2013-05-22
Close Date
2013-06-07
Close Price
695000
Buyer Financing
Cash

Address

County
Fayette
Street Number
723
Street Name
Mallard Bay
State
KY
Zip Code
40502
Directions
Richmond Rd. to Lakeshore Dr. Follow back to The Island entrance, pass guard shack, follow back to Mallard Bay turn right, home in cul de sac.
Parcel Number
16804626
Tax District
Yes

Contract

Original List Price
899900
Start Showing Date
2013-04-04
Listing Contract Date
2013-04-04
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
200.51
Sold Price/SqFt
167.91
SP/LP
0.84

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
The Island
High School District
Fayette County - 1

Interior

Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Above Grade Finished Area
4139
Living Area
4139
Basement YN
Yes
Fireplace YN
Yes
Above Grade Unfinished Area
0

More Information

Parking Information

Garage YN
Yes
Garage Spaces
2
Carport YN
Yes
Carport Spaces
Yes

Building

Year Built
1978

Lot

Lot Size Acres
0.91
Lot Size Square Feet
39639.64
Waterfront YN
No

Utilities

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

Remarks

Public Remarks
A rare opportunity to own a beautifully remodeled home, backing to the only real lake neighborhood in Lexington! This meticulously kept home is a complete Jimmy Nash remodel from the inside out. A desirable ranch on a walk out finished basement, you will feel at home from the moment you walk in the door. Sitting on one of the largest lots in The Island, this lake view home features a NEW all weathered dock perfect for Summer entertaining! Updates include: NEW Roof, NEW HVAC units, NEW exterior hardy & shake, NEW Windows, Irrigation system using the lake water, sitting area & fire pit, screened in patio and great deck! NEW Paint Interior & Exterior, Hardwood Flooring, NEW Great Room w/ Stone Fireplace, Upgraded Lighting, Home Theater, Premiere Garage system flooring & cabinets & much more! Lots of windows & doors for lake views from almost every room! The basement features a full kitchen & W/D hookup, great for a second living area. This house is the perfect home, in a perfect location!

Room Types

Bathroom 1 Level
Lower
Bathroom 2 Level
First
Bedroom 1 Level
Lower
Bonus Room Level
Second
Den Level
Lower
Dining Room Level
First
Foyer Level
First
Great Room Level
First
Kitchen Level
Lower
Living Room Level
First
Primary Bedroom Level
First
Utility Room Level
Lower
Bathroom 1
Yes
Bathroom 2
Yes
Bedroom 1
Yes
Bonus Room
Yes
Den
Yes
Dining Room
Yes
Foyer
Yes
Great Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes
Utility Room
Yes

Currently Not Used

List Price/Acre
911978.02

Tax & Legal

Elementary School
Cassidy
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.089
Inside New Circle Road YN
Yes

Association/Community

Association Mandatory YN
Yes
Association Fee
650
Association Fee Frequency
Annually

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes

Attic Features

Floored
Yes
Walk-In Attic
Yes

Basement

Bath/Stubbed
Yes
Finished
Yes
Full
Yes
Walk-Out Access
Yes

Community Features

Park
Yes

Construction Materials

Brick Veneer
Yes
HardiPlank Type
Yes
Wood Siding
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Fireplace Features

Basement
Yes
Family Room
Yes
Gas Log
Yes
Gas Starter
Yes
Masonry
Yes

Flooring

Hardwood
Yes
Tile
Yes

Foundation Details

Block
Yes

Heating

Electric
Yes
Heat Pump
Yes
Natural Gas
Yes

Interior Features

Ceiling Fan(s)
Yes
Central Vacuum
Yes
Eat-in Kitchen
Yes
Entrance Foyer
Yes
In-Law Floorplan
Yes
Primary First Floor
Yes
Walk-In Closet(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Washer Hookup
Yes

Levels

One
Yes

Lot Features

Many Trees
Yes

Other Equipment

Home Theater
Yes
Irrigation Equipment
Yes

Other Structures

Guest House
Yes

Parking Features

Attached Garage
Yes
Garage Door Opener
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Dimensional Style
Yes

Sewer

Public Sewer
Yes

Water Heater

Electric
Yes

Water Source

Public
Yes

Window Features

Blinds
Yes
Insulated Windows
Yes
Screens
Yes
Window Treatments
Yes

Showing Requirements

Call Listing Agent
Yes
CBS Code
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Underground Utilities; Electricity Connected; Natural Gas Connected; Underground Utilities Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Association Fee Includes: Insurance; Maintenance Grounds Attic Features: Floored; Walk-In Attic Basement: Bath/Stubbed; Finished; Full; Walk-Out Access Community Features: Park Construction Materials: Brick Veneer; HardiPlank Type; Wood Siding Cooling: Electric; Heat Pump Fireplace Features: Family Room; Gas Log; Gas Starter; Masonry Flooring: Hardwood; Tile Foundation Details: Block Heating: Electric; Heat Pump; Natural Gas Interior Features: Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Primary First Floor; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: One Lot Features: Many Trees Other Equipment: Home Theater; Irrigation Equipment Other Structures: Guest House Parking Features: Attached Garage; Garage Door Opener Patio And Porch Features: Deck; Patio Possession: Close Of Escrow; Negotiable Roof: Dimensional Style Sewer: Public Sewer Water Heater: Electric Water Source: Public Window Features: Blinds; Insulated Windows; Screens; Window Treatments Showing Requirements: Call Listing Agent; CBS Code Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bonus Room; Den; Dining Room; Foyer; Great Room; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Room Name
Bathroom 1
Bathroom 2
Bonus Room
Bedroom 1
Den
Dining Room
Foyer
Great Room
Kitchen
Living Room
Primary Bedroom
Utility Room
Listing Office: Keller Williams Bluegrass Realty
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.