Do you want a pool within walking distance without the headache of keeping up with it? Welcome to 4196 Watertrace Dr—a spacious two-story home offering nearly 4,000 sqft of comfortable living space! Step into a foyer with vaulted ceilings and a stunning double-sided gas fireplace that adds warmth and charm to both the living and kitchen areas.
This home boasts 5 bedrooms and 4 full bathrooms, including a finished walkout basement with 9-foot ceilings, a full bath, and a massive storage area that could easily be converted into a 6th bedroom, home gym, or theater room.
Enjoy the perks of a corner lot location, just steps away from the clubhouse and community pool. Whether you're entertaining guests or just relaxing, the layout and location make this home a standout.
Sellers are offering up to $1,000 towards buyers choice of home warranty
Sold for $502,000
$502,000
4196 Watertrace Dr, Lexington, KY 40515
5beds
3,934sqft
Single Family Residence
Built in 1995
10,149 Square Feet Lot
$515,600 Zestimate®
$128/sqft
$3,778 Estimated rent
Home value
$515,600
$474,000 - $557,000
$3,778/mo
Zestimate® history
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$3,624/mo
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List your homeWhat's special
Finished basementDual-sided fireplaceNew carpetHigh vaulted ceilingsCorner lot
Zillow last checked:
Listing updated:
Listed by:
Jacob Tellman 859-806-3403,
Marshall Lane Real Estate - Lexington,
Meredith Tellman 859-619-6675,
Marshall Lane Real Estate - Lexington
Bought with:
Tisha Monte, 196449
Bluegrass Properties Group
Source: Imagine MLS,MLS#: 25014223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Lower
Bathroom 1
- Description: Full Bath
- Level: Second
Bathroom 2
- Description: Full Bath
- Level: Second
Bathroom 3
- Description: Full Bath
- Level: Lower
Bathroom 4
- Description: Half Bath
- Level: First
Dining room
- Level: First
Dining room
- Level: First
Family room
- Level: First
Family room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Living room
- Level: First
Other
- Description: Storage
- Level: Lower
Other
- Description: Storage
- Level: Lower
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Entrance Foyer, Walk-In Closet(s), Ceiling Fan(s)
- Flooring: Carpet, Hardwood, Laminate
- Windows: Blinds, Screens
- Basement: Finished,Sump Pump,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas Log, Kitchen, Living Room
Interior area
- Total structure area: 3,934
- Total interior livable area: 3,934 sqft
- Finished area above ground: 2,815
- Finished area below ground: 1,119
Property
Parking
- Parking features: Attached Garage, Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Deck, Porch
- Fencing: Privacy
- Has view: Yes
- View description: Suburban
Lot
- Size: 10,149 Square Feet
Details
- Parcel number: 19301930
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Dimensional Style
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: Waterford
HOA
- Services included: Snow Removal, Maintenance Grounds
- HOA fee: $550 annually
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $330,200
- Annual tax amount: $4,083
- Date on market: 7/2/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $502,000-6.2%$128/sqft |
Source:  Imagine MLS #25014223 Report a problem | ||
| 7/30/2025 | Pending sale | $535,000$136/sqft |
Source: Imagine MLS #25014223 Report a problem | ||
| 7/14/2025 | Price change | $535,000-2.7%$136/sqft |
Source: Imagine MLS #25014223 Report a problem | ||
| 7/2/2025 | Listed for sale | $550,000+73%$140/sqft |
Source: Imagine MLS #25014223 Report a problem | ||
| 6/4/2014 | Sold | $318,000+15.2%$81/sqft |
Source: Public Record Report a problem | ||
| 5/13/2011 | Sold | $276,000-3.5%$70/sqft |
Source: Public Record Report a problem | ||
| 2/12/2011 | Price change | $286,000-3%$73/sqft |
Source: Prudential A.S. de Movellan Real Estate #1013737 Report a problem | ||
| 10/21/2010 | Price change | $294,900-3.3%$75/sqft |
Source: Prudential A.S. de Movellan Real Estate #1013737 Report a problem | ||
| 9/25/2010 | Price change | $304,900+2%$78/sqft |
Source: Prudential A.S. de Movellan Real Estate #1013737 Report a problem | ||
| 7/17/2010 | Price change | $298,900-0.4%$76/sqft |
Source: Prudential A.S. de Movellan Real Estate #1013737 Report a problem | ||
| 6/26/2010 | Listed for sale | $300,000+6%$76/sqft |
Source: Prudential Real Estate #1013737 Report a problem | ||
| 6/13/2005 | Sold | $283,000+12.3%$72/sqft |
Source:  Imagine MLS #503640 Report a problem | ||
| 10/31/2003 | Sold | $252,000+8.7%$64/sqft |
Source: Imagine MLS #311449 Report a problem | ||
| 9/13/2001 | Sold | $231,900$59/sqft |
Source: Imagine MLS #2107746 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,083 | $330,200 |
| 2023 | $4,083 -3.2% | $330,200 |
| 2022 | $4,218 | $330,200 |
| 2021 | $4,218 | $330,200 |
| 2020 | $4,218 | $330,200 |
| 2019 | $4,218 | $330,200 |
| 2018 | $4,218 +9% | $330,200 +3.8% |
| 2017 | $3,871 +22.2% | $318,000 |
| 2015 | $3,167 | $318,000 +15.2% |
| 2014 | $3,167 | $276,000 |
| 2012 | $3,167 | $276,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $283,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 40515
Nearby homes
- $478,500-- bd2 ba2.3k sqft4104 Clearwater Way, Lexington, KY 40515Off Market
- $720,0005 bd4 ba3.9k sqft4192 Watertrace Dr, Lexington, KY 40515For Sale
- $526,5004 bd3 ba3.3k sqft4108 Clearwater Way, Lexington, KY 40515Off Market
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Nearby schools
GreatSchools rating
- 9/10Veterans Park Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Southern Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Tates Creek High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Veterans
- Middle: Southern
- High: Tates Creek
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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- Kentucky
- Fayette County
- Lexington
- 40515
- 4196 Watertrace Dr
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