1201 Bel Mar Lane, Lexington, KY 40515 (MLS# 24024928)

1201 Bel Mar Lane, Lexington, KY 40515

$1,025,000

Granite counters and glass tiled back sp

Half bathroom at the entrance of the hou

View of the master bathroom from the mas

Upgraded shower that is wheelchair acces

view of the landing/smaller loft area be

There are two full bathrooms on the seco

Stairs leading to the finished attic/thi

Barn has four stalls with a tack room, l

Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 7,094 Lot Size (sq. ft.): 475,240 Status: Closed

Current Price: $1,025,000 List Date: 12/05/2024 Last Modified: 8/29/2025

Overview

Description

This executive residence, situated on nearly 11 acres in Lexington, is a rare opportunity to own a home brimming with potential. While the house is in need of work to restore its original beauty, it offers an abundance of space and exceptional features that can be brought back to their full glory. The spacious layout includes a partially finished basement, perfect for customizing to suit your needs, and ample living space. The property includes an in-ground pool, ideal for summer relaxation and entertaining, as well as a barn with four stalls and 2 additional parking spaces. The house has two 2 car garages with one containing a car lift. The almost 11-acre property offers a serene country setting with two pastures, a run-in shed and one automatic waterer providing a wonderful environment for horses and outdoor activities. There is also an invisible dog fence to keep your fur babies safe. With some thoughtful updates and renovations, this home can once again shine as a stunning estat ... (Read more)

Listing Details MLS# 24024928

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2024-12-30
Purchase Contract Date: 2024-12-07
Close Date: 2024-12-30
Close Price: 1025000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: None

Address

County: Fayette
Street Number: 1201
Street Name: Bel Mar
Street Suffix: Lane
State: KY
Zip Code: 40515
Directions: Tates Creek outbound. When you pass Talon Winery, Subdivision comes up on the left side. Make a left onto Bel Mar Lane. Property is the first house on the left.
Parcel Number: 19307140

Contract

Original List Price: 1300000
Start Showing Date: 2024-12-05
Listing Contract Date: 2024-11-29
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 183.25
Sold Price/SqFt: 144.49
SP/LP: 0.79

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Bel Mar
High School District: Fayette County - 1

Interior

Bedrooms Total: 6
Bathrooms Total: 7
Bathrooms Full: 5
Bathrooms Half: 2
Above Grade Finished Area: 4501
Below Grade Finished Area: 2593
Above Grade Unfinished Area: 72
Below Grade Unfinished Area: 196
Living Area: 7094
Living Area Source: Listing Agent Measured
Basement YN: Yes
Fireplace YN: Yes

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 4
Carport YN: No

Building

Year Built: 1998

Lot

Lot Size Source: Public Records
Lot Size Acres: 10.91
Lot Size Square Feet: 475240
Pool Private YN: Yes
View YN: Yes
Waterfront YN: No
Water Body Access YN: No
Horse YN: Yes

Utilities

Cooling YN: Yes
Heating YN: Yes

Remarks

Public Remarks: This executive residence, situated on nearly 11 acres in Lexington, is a rare opportunity to own a home brimming with potential. While the house is in need of work to restore its original beauty, it offers an abundance of space and exceptional features that can be brought back to their full glory. The spacious layout includes a partially finished basement, perfect for customizing to suit your needs, and ample living space. The property includes an in-ground pool, ideal for summer relaxation and entertaining, as well as a barn with four stalls and 2 additional parking spaces. The house has two 2 car garages with one containing a car lift. The almost 11-acre property offers a serene country setting with two pastures, a run-in shed and one automatic waterer providing a wonderful environment for horses and outdoor activities. There is also an invisible dog fence to keep your fur babies safe. With some thoughtful updates and renovations, this home can once again shine as a stunning estate, offering a luxurious lifestyle with all the amenities one could desire. Buyers to satisfy themselves with square footage. Property is being sold in AS IS condition.

Amenity Fee Details

Amenity Fee Mandatory YN: No

Showing Information

Showing Instructions: Lockbox is located by the front porch on a stake. Please make sure all doors are locked after showings. Use living room door to access back patio. There will be several crated dogs in the garage and one crated dog on the second floor. Please call Ana with questions.

Currently Not Used

List Price/Acre: 119156.74

Tax & Legal

Elementary School: Squires
Middle Or Junior School: Edythe J. Hayes
High School: Henry Clay
Tax Rate: 1.0833

Association/Community

Association Mandatory YN: Yes
Association Fee: 750
Association Fee Frequency: Annually

Appliances

Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Range: Yes
Refrigerator: Yes

Association Fee Includes

Maintenance Grounds: Yes

Attic Features

Partially Finished: Yes
Walk-In Attic: Yes

Basement

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

Construction Materials

Brick Veneer: Yes
Stone: Yes

Cooling

Electric: Yes
Zoned: Yes

Exterior Features

Other: Yes

Fencing

Invisible: Yes
Wood: Yes

Fireplace Features

Gas Log: Yes
Great Room: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Slate: Yes
Other: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Natural Gas: Yes

Interior Features

Breakfast Bar: Yes
Central Vacuum: Yes
Primary First Floor: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Levels

One and One Half: Yes

Other Equipment

Irrigation Equipment: Yes

Other Structures

Barn(s): Yes
Stable(s): Yes

Parking Features

Driveway: Yes

Patio And Porch Features

Deck: Yes
Patio: Yes

Possession

Close Of Escrow: Yes

Private Pool Features

In Ground: Yes

Roof

Dimensional Style: Yes

Security Features

Security System Owned: Yes

Sewer

Septic Tank: Yes

Structure Type

House: Yes

View

Farm: Yes
Neighborhood: Yes
Rural: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Window Features

Skylight(s): Yes

Showing Requirements

Call Listing Agent: Yes
CBS Code: Yes
Showing Service: Yes

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Range; Refrigerator Association Fee Includes: Maintenance Grounds Attic Features: Partially Finished; Walk-In Attic Basement: Full; Partially Finished; Walk-Out Access Construction Materials: Brick Veneer; Stone Cooling: Electric; Zoned Exterior Features: Other Fencing: Invisible; Wood Fireplace Features: Gas Log; Great Room Flooring: Carpet; Hardwood; Slate; Other Foundation Details: Concrete Perimeter Heating: Forced Air; Heat Pump; Natural Gas Interior Features: Breakfast Bar; Central Vacuum; Primary First Floor; Walk-In Closet(s); Wet Bar Levels: One and One Half Other Equipment: Irrigation Equipment Other Structures: Barn(s); Stable(s) Parking Features: Driveway Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Private Pool Features: In Ground Roof: Dimensional Style Security Features: Security System Owned Sewer: Septic Tank Structure Type: House View: Farm; Neighborhood; Rural Water Heater: Gas Water Source: Public Window Features: Skylight(s) Showing Requirements: Call Listing Agent; CBS Code; Showing Service

Listing Office: Coldwell Banker McMahan

Last Updated: August - 29 - 2025

Information deemed reliable but not guaranteed.