OFF MARKET

Off Market Aug 2025 for $495K

$534,281

Est. refi paymentEst. refi $3,720/mo

•

2,700

sq ft

4772 Rhema Way Way, Lexington, KY 40514

About this home

Welcome to Dogwood Trace! This one owner property is now ready for a new family to call their home. The house features four bedrooms, all upstairs, along with the laundry room. There are two full bath upstairs and half bath on the first floor. On the first floor you a have large living room with a wood burning fireplace, dining room, half bath and an office/flex space. The walk-out basement has a roughed-in full bath and large open area ready to be finished out. The lot is absolutely amazing with a huge backyard and a wooded area that backs up the a creek. The house needs updating to bring it back up to speed and is being sold AS-IS Inspections Welcome. Book your appointment today and bring an offer!!

Single-familyProperty Type

1989Year Built

0.45 acresLot Size

$198Est. Price/Sq.Ft.

Listed by Eric Smith • RE/MAX Creative Realty

Bought with Christian Fielden • Christies International Real Estate Bluegrass

Redfin checked: a minute ago

•Source:ImagineMLS #25016802

Redfin Estimate

$534,281

$39K since sold in August 2025$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.1% higher than the average sale price ($464K) of 5 comparable homes.

SOLD AUG 7, 2026
$490,000
A
4 beds2.5 baths2,411 sq ft
2417 Vale Dr, Lexington, KY 40514
SOLD JUN 23, 2026
$492,500
B
4 beds2.5 baths2,494 sq ft
4704 Bud Ln, Lexington, KY 40514
SOLD JUN 1, 2026
$431,500
C
4 beds2.5 baths2,294 sq ft
4804 Trillium Pl, Lexington, KY 40514
SOLD JUL 23, 2026
$456,000
D
4 beds2.5 baths2,472 sq ft
4320 Southmoor Park, Lexington, KY 40514
SOLD MAY 22, 2026
$450,000
E
4 beds2.5 baths2,468 sq ft
4312 Penshurst Sq, Lexington, KY 40514

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Earn from this home

Sell

$112,529

Est. take-home

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Refinance

Est. cash available

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Rent

$2,638/mo

Redfin rental estimate

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Market trends in 40514, KY

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.0%

+0.6% MoM

Median sale price

$368K

$14K MoM

Avg. days on market

28d

2 days MoM

Recently sold homes

6 MoM

New listings for sale

3D WALKTHROUGH
$224,900
2 beds1.5 baths1,055 sq ft
317 Johns Turn Trl, Lexington, KY 40514
$480,000
3 beds2.5 baths2,374 sq ft
825 Willow Oak Cir, Lexington, KY 40514
$399,900
3 beds2 baths1,662 sq ft
577 Goldon Trophy Trl, Lexington, KY 40514
See all

Provided by Redfin

Sale history for 4772 Rhema Way Way

Tax history for 4772 Rhema Way Way

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

2.5

Stories

Lot width

75 ft.

Lot depth

—

Lot size

0.45 Acres

Year renovated

—

Sq. Ft.

2,700

Year built

1989

Style

Single Family Residential

County

Fayette County

APN

20070500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

R-1C

Single-Family Residential Zone

The intent of this zone is to provide for low density, single family detached residences and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.

Permitted uses

Include but are not limited to:

Housing-Single unit
Park & open space

Property details

Parking

Parking Information
Parking Features: Attached Garage, Driveway, Off Street

Garage Information
Has Garage

Interior

Bathroom Information
Bathrooms (Full): 2
Bathrooms (1/2): 1

Heating & Cooling
Has Heating
Heating: Natural Gas
Cooling: Electric

Interior Features
Interior Features: Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
Appliances: Disposal, Dishwasher, Refrigerator, Range
Flooring: Carpet, Hardwood, Vinyl
Window Features: Insulated Windows, Blinds, Screens
Laundry Features: Electric Dryer Hookup, Washer Hookup

Room Information
Rooms (Total): 14
Basement: Concrete, Partial, Unfinished, Walk-Out Access
Fireplace: Yes

Exterior

Exterior Features
Foundation Details: Concrete Perimeter
Roof: Dimensional Style
Construction Materials: Brick Veneer, Vinyl Siding

Lot Information
Lot Size Square Feet: 19,602
Lot Size Acres: 0.45
Lot Size Source: Public Records
Water Source: Public
On Waterfront: No
Has View: Yes
View: Trees/Woods, Neighborhood

Property Information
Structure Type: House
Levels: Two

Building Information
Building Area Total: 2,700

Financial

Tax Information
Parcel Number: 20070500

Lease/Rent Information
Owner Pays: Management

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Location

HOA Information
Association Fee Frequency: Annually

School Information
Elementary School: Garden Springs
Middle Or Junior School: Beaumont
High School: Dunbar
High School District: Fayette County - 1

Location Information
County Or Parish: Fayette
Directions: From New Circle take Harrodsburg Rd West away from town. Travel about 3-4 miles to Dogwood Trace Blvd and tun left. Go straight at the stop sign at Agape and Rhema is the 2nd left after Agape. House is on the right 4 house from the end of the street
Subdivision Name: Dogwood Trace

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,700
Stories: 2.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: Fayette County
APN: 20070500

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Garden Springs Elementary School

Public K-5 • Assigned • 3.2mi

5/10

Beaumont Middle School

Public 6-8 • Assigned • 3.0mi

8/10

Paul Laurence Dunbar High School

Public 9-12 • Assigned • 1.9mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lexington, KY • 40514

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.2 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$508,000 – $615,000

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3D WALKTHROUGH

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New listings for sale in 40514

3D WALKTHROUGH

$224,900

2 beds1.5 baths1,055 sq ft

317 Johns Turn Trl, Lexington, KY 40514

$480,000

3 beds2.5 baths2,374 sq ft

825 Willow Oak Cir, Lexington, KY 40514

$399,900

3 beds2 baths1,662 sq ft

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Home values near 4772 Rhema Way Way

Data from public records.

Address	Redfin Estimate
4769 Rhema Way, Lexington, KY - Beds \| 2.5 Baths \| 2416 Sq. Ft.	$466,346
4784 Rhema Way, Lexington, KY 4 Beds \| 3.5 Baths \| 3420 Sq. Ft.	$547,889

Address	Redfin Estimate
4756 Rhema Way, Lexington, KY 5 Beds \| 3.5 Baths \| 3722 Sq. Ft.	$608,944
4781 Rhema Way, Lexington, KY 4 Beds \| 2.5 Baths \| 2766 Sq. Ft.	$484,394

Address	Redfin Estimate
4765 Rhema Way, Lexington, KY 4 Beds \| 2.5 Baths \| 2707 Sq. Ft.	$506,998
4776 Rhema Way, Lexington, KY 4 Beds \| 3.5 Baths \| 3939 Sq. Ft.	$594,185

Property information provided by ImagineMLS when last listed in 2025. This data may not match . Learn more.

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