OFF MARKET

Off Market Feb 2024 for $447K

$547,889

Est. refi paymentEst. refi $1,881/mo

•

3,420

sq ft

4784 Rhema Way, Lexington, KY 40514

About this home

Great all brick family home in sought-after Dogwood Trace neighborhood! Could use some cosmetic updates and priced accordingly but well taken care of and ready for new owners. If you're looking for a more affordable home in a great neighborhood or a large home that you can put your own touch on, this is it! This home features large bedrooms, ample living space, great storage, basement garage, and large deck. The finished basement area could be used as a 5th bedroom with full bath and closet. Selling as-is but inspections are welcome!

Single-familyProperty Type

1988Year Built

0.27 acresLot Size

$160Est. Price/Sq.Ft.

2 car garageParking

Listed by Philip Wood • Keller Williams Bluegrass Realty

Bought with Mary Brown • United Real Estate Bluegrass

Redfin checked: a minute ago

•Source:ImagineMLS #24001030

Redfin Estimate

$547,889

$100K since sold in February 2024$18K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0% lower than the average sale price ($548K) of 6 comparable homes.

SOLD AUG 7, 2026
$490,000
A
4 beds2.5 baths2,411 sq ft
2417 Vale Dr, Lexington, KY 40514
SOLD NOV 18, 2025
$624,900
B
4 beds3 baths3,408 sq ft
2412 Creekview Ct, Lexington, KY 40514
SOLD JUN 23, 2026
$492,500
C
4 beds2.5 baths2,494 sq ft
4704 Bud Ln, Lexington, KY 40514
SOLD MAR 6, 2026
$690,000
D
4 beds3.5 baths4,721 sq ft
2432 La Cross Ct, Lexington, KY 40514
SOLD JUN 1, 2026
$431,500
E
4 beds2.5 baths2,294 sq ft
4804 Trillium Pl, Lexington, KY 40514
SOLD JAN 30, 2026
$560,000
F
4 beds3.5 baths3,611 sq ft
4728 Matthew Ct, Lexington, KY 40514

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Earn from this home

Sell

$173,355

Est. take-home

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Refinance

Est. cash available

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Rent

$2,679/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 4784 Rhema Way

Tax history for 4784 Rhema 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

0.27 Acres

Year renovated

—

Sq. Ft.

2,640

Year built

1988

Style

Single Family Residential

County

Fayette County

APN

20070530

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, Basement, Garage Faces Rear

Garage Information
Has Garage

Interior

Bathroom Information
Bathrooms (Full): 3
Bathrooms (1/2): 1

Heating & Cooling
Has Heating
Heating: Forced Air
Cooling: Electric

Interior Features
Below Grade Finished Area: 780
Interior Features: Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
Appliances: Dryer, Dishwasher, Gas Range, Refrigerator, Washer
Flooring: Carpet, Hardwood, Vinyl
Window Features: Insulated Windows
Laundry Features: Electric Dryer Hookup, Washer Hookup

Room Information
Basement: Full, Partially Finished, Walk-Out Access
Fireplace: Yes

Exterior

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

Lot Information
Lot Size Square Feet: 11,674
Lot Size Acres: 0.268
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: 3,420

Financial

Tax Information
Parcel Number: 20070530

Utilities

Utility Information
Sewer: Public Sewer

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 Lexington take Harrodsburg Road outbound, turn left on Dogwood Trace Blvd just before crossing into Jessamine County, turn left on Rhema Way, home is on the right.
Subdivision Name: Dogwood Trace

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,640
Stories: 2.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: Fayette County
APN: 20070530

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 • 3.1mi

8/10

Paul Laurence Dunbar High School

Public 9-12 • Assigned • 2.0mi

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

$521,000 – $631,000

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Nearby similar homes

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NEW CONSTRUCTION3D 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

577 Goldon Trophy Trl, Lexington, KY 40514

Home values near 4784 Rhema Way

Data from public records.

Address	Redfin Estimate
4769 Rhema Way, Lexington, KY - Beds \| 2.5 Baths \| 2416 Sq. Ft.	$466,346
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

Address	Redfin Estimate
4772 Rhema Way, Lexington, KY 4 Beds \| 2.5 Baths \| 2700 Sq. Ft.	$534,281
4785 Rhema Way, Lexington, KY - Beds \| 2.5 Baths \| 2602 Sq. Ft.	$469,510

Property information provided by ImagineMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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