Skip main navigation
Contingent
  • Price cut: $10K (7/26)
    $364,900

    261 Black Water Ln, Lexington, KY 40511

    3beds
    1,710sqft
    : 
    $2,388/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    5,619 Square Feet Lot
    $363,500 Zestimate®
    $213/sqft
    $8/mo HOA

    What's special

    Sunny bayed dining areaLarge walk-in closetGorgeous covered patioStunning kitchenGe stainless steel appliancesTastefully decoratedSpacious corner lot
    Gorgeous New Listing in McConnell's Trace! You will love this beautiful 3-bedroom, 2.5-bath home on a spacious corner lot! Step inside to discover luxury vinyl plank flooring throughout the first floor, creating a seamless, stylish, and inviting space. The stunning kitchen is the heart of the home, featuring Willow Gray shaker cabinets extended to the ceiling, granite countertops, GE stainless steel appliances, a large walk-in pantry, and a sunny bayed dining area perfect for everyday living and entertaining. The family room is open and bright, highlighted by a beautiful fireplace accented with Bianca Carrara surround, adding both warmth and elegance to the space. Upstairs you will find a spacious primary bedroom featuring an en-suite with double vanities, cultured marble countertops, a relaxing soaking tub, a large walk-in closet, and a bright, spa-like feel. Two additional bedrooms, a full bath and a conveniently located second-floor laundry room complete the upper level. Step outside to enjoy the gorgeous covered patio overlooking the large backyard, enclosed by a 6-foot privacy fence- perfect for relaxing evenings, outdoor dining, entertaining guests and those ever-popular mahjong nights! Tastefully decorated, full of lots of natural light, and truly move-in ready- this McConnell's Trace gem is ready to welcome its new owners! Located just minutes off Leestown Road, it is close to Ramsey's Diner, Osaka, Starbucks, additional shopping areas, and quick access to New Circle Road. *New Publix Super Market and more developments coming soon as well! Schedule your appointment today! It's a beauty!
    37 days
    |
    1,235
    |
    116
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Christy M Pellegrino 859-552-8593,

    The Brokerage

    Source: Imagine MLS,MLS#: 26014884MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bathroom 1
      • Level: First
      Bathroom 2
      • Level: Second
      Bathroom 3
      • Level: Second
      Family room
      • Level: First
      Kitchen
      • Level: First
      Utility room
      • Level: Second
      Heating
      • Electric, Heat Pump
      Cooling
      • Electric
      Appliances
      • Included: Disposal, Dishwasher, Microwave, Refrigerator, Range, Self Cleaning Oven
      • Laundry: Electric Dryer Hookup, Washer Hookup, Upper Level
      Features
      • Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
      • Flooring: Carpet, Vinyl
      • Windows: Insulated Windows, Window Treatments, Blinds, Screens
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Factory Built, Family Room, Propane
      Interior area
      • Total structure area: 1,710
      • Total interior livable area: 1,710 sqft
      • Finished area above ground: 1,710
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, Garage Door Opener, Off Street, Garage Faces Front
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Fencing: Privacy,Wood
      Lot
      • Size: 5,619 Square Feet
      • Features: Few Trees
      Details
      • Parcel number: 38177050

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Brick Veneer, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New Construction
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Underground Utilities

      Community & HOA

      Community
      • Features: Pool
      • Subdivision: McConnell Trace
      HOA
      • Has HOA: Yes
      • Amenities included: Recreation Facilities
      • Services included: Maintenance Grounds
      • HOA fee: $100 annually
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $236,600
      • Annual tax amount: $2,926
      • Date on market: 6/25/2026

        Estimated market value

        $363,500

        $345,000 - $382,000

        $2,335/mo

        Price history

        DateEventPrice
        7/31/2026Contingent$364,900$213/sqft
        Source: Imagine MLS #26014884 Report a problem
        7/26/2026Price change$364,900-2.7%$213/sqft
        Source: Imagine MLS #26014884 Report a problem
        7/9/2026Price change$374,900-1.3%$219/sqft
        Source: Imagine MLS #26014884 Report a problem
        6/25/2026Listed for sale$379,900+69.5%$222/sqft
        Source: Imagine MLS #26014884 Report a problem
        9/20/2018Sold$224,100+460.3%$131/sqft
        Source: Imagine MLS #1813053 Report a problem
        7/9/2018Sold$40,000$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,926 $236,600
        2023$2,926 -3.2%$236,600
        2022$3,022 +5.6%$236,600 +5.6%
        2021$2,863 $224,100
        2020$2,863 $224,100
        2019$2,863 +700.4%$224,100 +700.4%
        2018$358 +4.9%$28,000
        2017$341 +8.8%$28,000
        2015$313 $28,000
        2014$313 $28,000
        2012$313 $28,000
        2011-- --
        2010-- --
        2009-- --
        2008-- $35,000
        2006-- --
        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: McConnells Trace

        Getting around

        7 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Meadowthorpe
        • Middle: Leestown
        • High: Dunbar

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

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes