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For sale
  • Price cut: $4K (7/24)
    $534,900

    1147 Grimball Trce, Lexington, KY 40509

    4beds
    2,421sqft
    : 
    $3,478/mo
    Get pre-qualified
    Single Family Residence
    Built in 2016
    7,623 Square Feet Lot
    $534,600 Zestimate®
    $221/sqft
    $25/mo HOA

    What's special

    Welcome to this beautifully maintained, one-owner home in the highly desirable Summerfield Subdivision! Tucked away at the end of a quiet cul-de-sac with minimal traffic, this property offers the perfect blend of privacy, convenience, and family-friendly living. Finished in 2017 by respected local builder Steve Miller Construction, known for quality craftsmanship, integrity, and attention to detail, this 2,400+ square-foot home has been lovingly cared for and is truly move-in ready. The thoughtfully designed floor plan features 4 spacious bedrooms, a large office/flex space, and 2.5 bathrooms. Hardwood flooring flows throughout the main level, while new high-grade laminate flooring enhances the entire upstairs. A custom modification enclosed the original loft area, creating an expanded fourth bedroom that offers greater versatility and functionality for growing families, guests, or hobby space. Step outside and discover one of the home's most exceptional features—a private, park-like backyard retreat. Over the past decade, the owners have invested extensively in landscaping, planting more than 30 trees to create a serene oasis rarely found within Lexington city limits. Enjoy peaceful mornings and relaxing evenings from the screened-in porch, complete with upgraded tile flooring, while overlooking your own beautifully landscaped sanctuary. Located just minutes from Hamburg Pavilion, Winchester Road, I-75, and Man O' War Boulevard, this home offers unmatched convenience for shopping, dining, healthcare, and commuting. The University of Kentucky campus is only a 10-minute drive away, making this an ideal location for professionals, families, and university employees alike. If you've been searching for a home that combines quality construction, thoughtful updates, exceptional privacy, and a prime Lexington location, 1147 Grimball Trace delivers the best of both worlds—a peaceful retreat close to everything Central Kentucky has to offer.
    38 days
    |
    1,058
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris M Johnson 859-382-9398,

    Plum Tree Realty

    Source: Imagine MLS,MLS#: 26014025MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Bathroom 1
      • Description: 1/2 Bath
      • Level: First
      Bathroom 2
      • Description: Primary bathroom
      • Level: First
      Bathroom 3
      • Description: Full bath
      • Level: Second
      Foyer
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Utility room
      • Description: Laundry
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Range
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
      • Flooring: Hardwood
      • Windows: Insulated Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas Starter, Living Room
      Interior area
      • Total structure area: 2,421
      • Total interior livable area: 2,421 sqft
      • Finished area above ground: 2,421
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, Driveway, Off Street
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Fencing: Privacy
      Lot
      • Size: 7,623 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: 38260550

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Stone, Vinyl Siding
      • Foundation: Slab
      • Roof: Dimensional Style
      Condition
      • Year built: 2016

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Summerfield
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: Maintenance Grounds
      • HOA fee: $300 annually
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $221/sqft
      • Tax assessed value: $393,700
      • Annual tax amount: $4,868
      • Date on market: 6/17/2026

        Estimated market value

        $534,600

        $508,000 - $561,000

        $2,806/mo

        Price history

        DateEventPrice
        7/24/2026Price change$534,900-0.7%$221/sqft
        Source: Imagine MLS #26014025 Report a problem
        7/9/2026Price change$538,900-0.2%$223/sqft
        Source: Imagine MLS #26014025 Report a problem
        6/22/2026Price change$539,900-1.8%$223/sqft
        Source: Imagine MLS #26014025 Report a problem
        6/20/2026Price change$549,900-1.8%$227/sqft
        Source: Imagine MLS #26014025 Report a problem
        6/17/2026Listed for sale$560,000+82.3%$231/sqft
        Source: Imagine MLS #26014025 Report a problem
        2/27/2017Sold$307,110+399.4%$127/sqft
        Source: Public Record Report a problem
        6/23/2016Sold$61,500$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,868 $393,700
        2023$4,868 +24.1%$393,700 +28.2%
        2022$3,923 $307,100
        2021$3,923 $307,100
        2020$3,923 $307,100
        2019$3,923 $307,100
        2018$3,923 +132.6%$307,100 +90.2%
        2017$1,686 $161,500
        2015-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40509

        Getting around

        20 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Liberty
        • Middle: Crawford
        • High: Frederick Douglass

        Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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