Mark Phillips

1116 Shagbark Lane

Lexington, KY
$ 449,000 Beds 5 Baths 3.5 Sq 3,609
Monthly Estimate* How much can I afford?

Welcome home to this spacious two-story residence situated on a desirable corner lot in the sought-after Tanbark subdivision—perfect for a growing or multi-generational family. Step inside the impressive two-story foyer, where a custom-crafted wood staircase creates a warm and elegant first impression. The main level features gleaming hardwood floors throughout and an open, functional layout designed for both everyday living and entertaining. The spacious kitchen boasts granite countertops, custom cabinetry, and a large island with a flat cooktop, offering abundant prep space and the perfect gathering spot for family and friends. Upstairs, you'll find four generously sized bedrooms, beautiful hardwood flooring, and two beautifully updated full bathrooms. The spacious primary suite is a true retreat, featuring a double-bowl vanity and an impressive walk-in tiled shower. The finished walkout basement provides exceptional flexibility with a large bonus room ideal for a media room, recreation area, home office, or private retreat. A fifth bedroom and full bath make the lower level perfect for guests or extended family. Outdoor living is just as inviting, with a deck off the kitchen overlooking the backyard and stairs leading down to the lower-level patio. Additional highlights include updated energy-efficient windows for enhanced comfort and long-term value. Don't miss this opportunity to own a beautifully updated home offering space, style, and versatility in one of the area's most desirable neighborhoods.

Active

  • Price
  • $ 449,000
  • City
  • Lexington
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • FAYETTE
  • Half Bathrooms
  • 1
  • Area
  • 003 - Fayette County SE
  • Lot Size
  • 0.26 Acres
  • Zip
  • 40515
  • Sqr Footage
  • 3,609
  • Year Built
  • 1989
  • Style
  • Single Family Residence
  • MLS#
  • 26019849
Listed By: United Real Estate Bluegrass - 859-800-7355
Data Source: ImagineMLS

Features

General

Sewer Public Sewer
Heating Forced Air,Zoned
Cooling Ceiling Fan(s),Central Air,Electric,Zoned
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Water Connected,Underground Utilities
Possession Close Of Escrow
Roof Dimensional Style
Appliances Cooktop,Dishwasher,Microwave,Oven,Refrigerator
HOA Fee 175.0
Garage Spaces 2.0
Association Fee Includes Other
Patio/Porch Features Deck,Porch,Front Porch
Construction Materials Brick Veneer,HardiPlank Type
Year Built 1989
Levels Two
Property Subtype Single Family Residence
Parcel Number 20053280
Assoc Fee Paid Per Annually
County Fayette
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name Tanbark
Garage Y/N Yes
Total Rooms 14
Full Baths 3
Status Active
Directions Tates Creek Rd outbound,1st left outside Man o War onto Shagbark. Home is on the right. Latitude: 37.966075 Longitude: -84.493938
High School Tates Creek
City Lexington
High School District Fayette County - 1
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 11299.0
Carport Y/N No
Elementary School Millcreek
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Tates Creek
MLS Area Minor 003 - Fayette County SE
Lease Considered Y/N No
Rent Control Y/N No
Structure Type House
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Sewer_co_Public_sp_Sewer True
Utilities_co_Cable_sp_Available True
Utilities_co_Underground_sp_Utilities True

Interior Features

Interior Amenities Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Walk-In Closet(s)
Basement Finished,Walk-Out Access
Flooring Carpet,Ceramic Tile,Hardwood
Total Fireplaces 1
Fireplace Features Family Room,Masonry,Wood Burning
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Insulated Windows,Screens
Fireplace Y/N Yes
Above Grade Finished Area 2644.0
Half Baths 1
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 965.0
LivingAreaSource Public Records
Total Baths 4
Heating-Forced Air True

Exterior Features

Fencing None
Parking Features Other,Attached Garage,Driveway,Garage Faces Rear,Off Street
Water Source Public
Lot Size Area 0.26
Foundation Details Concrete Perimeter
Building Area Total 3609.0
Lot Size Acres 0.26
Lot Size Source Public Records
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lexington, KY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Millcreek Elementary School
Middle School Tates Creek Middle School
High School Tates Creek High School

Price History

7/25/2026 Listed $489,000
8/8/2026 3% - $479,000
8/26/2026 3% - $469,000
9/8/2026 3% - $459,000
9/21/2026 3% - $449,000

Property vs Zip Code Average in 40515

Price
AVG $680K
$450K
Year Built
AVG 2000
1989

In The Neighborhood

Areas That We Cover

1116 Shagbark Lane Lexington, KY is a Single Family Home for sale at $449000 with 3609 sqft and a lot size of 0.26 Acres Acre(s). 1116 Shagbark Lane Lexington has 5 bedrooms, 3 baths and was built in 1989. The property's zip code is 40515 which is in Lexington, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mark Phillips

Mark Phillips

859-459-0925

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