Contingent

$406,000

408 Meadow Valley Rd, Lexington, KY 40511

4beds

2,361sqft

$2,740/mo

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Single Family Residence

Built in 1999

7,884 Square Feet Lot

$403,200 Zestimate^®

$172/sqft

$10/mo HOA

What's special

Covered back patioCozy denConveniently located laundry roomDining roomPrimary suiteFour spacious bedrooms

Welcome to this beautiful 4-bedroom home in the desirable Masterson Station area! The main floor offers a formal living room, dining room, kitchen, and cozy den. Upstairs you'll find four spacious bedrooms including the primary suite and a conveniently located laundry room. The basement includes an approximately 200 sq. ft. finished room, perfect for an office, gym, or playroom, plus about 796 sq. ft. of unfinished space ready to make your own. Enjoy a covered back patio and an oversized garage with plenty of extra storage. Conveniently located near Masterson Station Park, shopping, restaurants, Leestown Road, New Circle Road, downtown Lexington, I-75, and the Kentucky Horse Park. With plenty of space inside and out and a great location, this home is ready for its next owner. Schedule your showing today and come see everything it has to offer!

16 days
780
62

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Second

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bedroom 4

Level: Second

Bathroom 1

Level: First

Bathroom 2

Level: Second

Bathroom 3

Level: Second

Dining room

Level: First

Family room

Level: First

Foyer

Level: First

Kitchen

Level: First

Living room

Level: First

Utility room

Level: Second

Heating

Forced Air, Natural Gas

Cooling

Heat Pump

Appliances

Included: Disposal, Dishwasher, Microwave, Refrigerator, Range
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Features

Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
Flooring: Carpet, Hardwood, Vinyl
Basement: Concrete,Full,Interior Entry,Partially Finished,Unfinished
Number of fireplaces: 1
Fireplace features: Factory Built, Family Room, Gas Log

Interior area

Total structure area: 2,361
Total interior livable area: 2,361 sqft
Finished area above ground: 2,161
Finished area below ground: 200

Property

Parking

Total spaces: 2
Parking features: Attached Garage, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Exterior features: Other
Fencing: Privacy,Wood

Lot

Size: 7,884 Square Feet

Details

Parcel number: 38009110

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Veneer, Vinyl Siding
Foundation: Block
Roof: Composition

Condition

Year built: 1999

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Park, Pool
Subdivision: Masterson Station

HOA

Has HOA: Yes
Amenities included: None
Services included: Maintenance Grounds
HOA fee: $120 annually

Location

Region: Lexington

Financial & listing details

Price per square foot: $172/sqft
Tax assessed value: $250,000
Annual tax amount: $3,092
Date on market: 9/2/2026

Estimated market value

$403,200

$383,000 - $423,000

$2,802/mo

Price history

Date	Event	Price
9/10/2026	Contingent	$406,000$172/sqft
Source: Imagine MLS #26024086 Report a problem
9/2/2026	Listed for sale	$406,000+62.4%$172/sqft
Source: Imagine MLS #26024086 Report a problem
5/30/2019	Sold	$250,000$106/sqft
Source: Imagine MLS #1906917 Report a problem
4/15/2019	Pending sale	$250,000$106/sqft
Source: Rector Hayden, Realtors #1906917 Report a problem
4/8/2019	Listed for sale	$250,000+1.2%$106/sqft
Source: Rector Hayden, Realtors #1906917 Report a problem
8/8/2017	Listing removed	$247,000$105/sqft
Source: Lexington #1713067 Report a problem
7/7/2017	Price change	$247,000-10.2%$105/sqft
Source: Lexington #1713067 Report a problem
6/14/2017	Price change	$275,000-3.5%$116/sqft
Source: Lexington #1713067 Report a problem
6/9/2017	Listed for sale	$285,000+54.9%$121/sqft
Source: Keller Williams Bluegrass #1713067 Report a problem
8/9/1999	Sold	$183,991$78/sqft
Source: Imagine MLS #9904378 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,092	$250,000
2024	$3,092	$250,000
2023	$3,092 -3.2%	$250,000
2022	$3,194	$250,000
2021	$3,194	$250,000
2020	$3,194 +52.8%	$250,000 +23.2%
2019	$2,090 -1%	$202,900
2018	$2,112 +4.9%	$202,900
2017	$2,012 +19.9%	$202,900 +10.3%
2015	$1,679	$184,000 +24.3%
2014	$1,679	$148,000 -19.6%
2012	$1,679	$184,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$152,600
2006	--	--
2005	--	--
2004	--	--