Backup offers
$6,293 Closing Credit¹
#25010039, Listing office: The Local Agents
$489,000 List price
5029 Magnolia Gardens Pl Lexington, KY 40515
$5,807
Closing credit¹
4 beds
2 full, 1 partial
0.3 acres
House
Property details
About 5029 Magnolia Gardens Pl
Nestled in the desirable Carolina Place neighborhood, this well-maintained 2-story brick home has so much to offer! With no mandatory HOA fees but an optional membership to the Charleston Gardens park and Cumberland Hills community pool, you get the best of both worlds! With an abundance of natural light and neutral paint colors throughout, you will find it easy to envision your own personal touches on this home. The main floor offers formal living and dining rooms, a roomy kitchen, a cozy family room with gas fireplace, and a recently built (2025) sunroom with its own mini-split heating and cooling system. Just outside of the sunroom is a newly built (2025) covered patio overlooking the 1/3 acre yard. The second floor offers a spacious master suite, three additional bedrooms, a separate bathroom, laundry room, and recently finished bonus space in the attic. This clean, freshly painted home is truly turnkey and ready for you to call home. Its location in a quiet neighborhood within a great school district and accessibility to shopping, dining, and entertainment means it won't last long! Schedule your showing today!
Highlights
Home typeSingle Family Residence
HeatingElectric, Other, Heat Pump, Forced Air, Natural Gas
StatusActive
CoolingHeat Pump, Electric, Other
Lot size0.32 Acres
Year built2005
ParkingDriveway
MLS #25009588
FireplaceGas Log
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Disposal, Gas Water Heater, Oven, Gas Range, Washer, Microwave, Dishwasher, Dryer
- Flooring Type: Carpet, Tile, Hardwood
- Interior: Dining Area, Entrance Foyer - 2 Story, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
- Fireplace: Gas Log
- Total Bedroom Count: 4
- Parking: Driveway
- Exterior: Patio, Porch, Storm Door(s)
- Architectural Style: Contemporary
- Heating: Electric, Other, Heat Pump, Forced Air, Natural Gas
- Cooling: Heat Pump, Electric, Other
- List Price: $489,000
- Annual Tax Amount: $3,400
- Tax Year: 2023
- Directions: Tates Creek Road to Charleston Gardens Blvd. Take a right onto Magnolia Gardens Pl. Home is on the left.
- Year Built: 2005
- Stories: 2
- Lot Size: 0.32 Acres
- MLS Number: 25009588
- Office Name: NextHome Custom Realty
- Office Phone: (502) 223-3553
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 7:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$489,000
5029 Magnolia Gardens Pl
$5,807
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 31, 2019 | Home Sold | $275,000 |
| Jul 15, 2009 | Home Sold | $235,000 |
| Apr 04, 2007 | Home Sold | $235,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $275,000 | $3,400 |
| 2022 | $275,000 | $3,512 |
| 2021 | $275,000 | $3,512 |
| 2019 | $235,000 | $3,001 |
| 2018 | $235,000 | $3,001 |
History based on county public records data.
Nearby schools
7
Veterans Park Elementary School
Public District KG-5
1.2 mi
•4351 Clearwater Way
3
Millcreek Elementary School
Public District PK-5
2.1 mi
•1212 Reva Ridge Way
6
Squires Elementary School
Public District PK-5
2.3 mi
•3337 Squire Oak Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $114,024. The most common annual income of people living in Lexington, KY is between $100k-200k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
30%
35k-100k
46%
100k-200k
16%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
17%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
PGA/LPGA
Where do the neighbors shop?
Nordstrom
Bloomingdales
Chico's
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Starbucks
What do the neighbors drive?
BMW
Lexus
Cadillac
What do the neighbors listen to?
Talk/Personality
News
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lexington, KY
Lexington's transport infrastructure supports both private and public transit options, with a public bus system that operates on a set schedule, facilitating movement around the city. While specific ride-sharing statistics are not mentioned, such services are available to complement the public transportation system. The city features areas that are pedestrian-friendly, particularly in the downtown region, and efforts have been made to improve bikeability. A network of roads and highways, including the New Circle Road and major routes like I-75 and I-64, aid in efficient commuting and travel to and from Lexington.
The community benefits from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school. Lexington also hosts a number of private educational institutions, some with religious affiliations, offering additional choices for residents. Healthcare facilities are comprehensive, with major hospitals providing a range of services from urgent care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining experiences are plentiful, with options that mirror the local culture and cuisine.
Lexington is celebrated for its vibrant equestrian culture and is often referred to as the 'Horse Capital of the World.' The community prides itself on its picturesque landscapes, with rolling hills and horse farms defining much of the area's character. Local events such as the annual Kentucky Three-Day Event showcase the city's deep connection to horse racing and equestrian activities, reflecting the unique identity and values of the community.
The housing landscape in Lexington is characterized by a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and contemporary designs that cater to modern preferences. The market also includes a selection of apartments and townhouses, providing alternatives for those seeking different living arrangements. The homeownership rate in Lexington is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.
About 5029 Magnolia Gardens Pl
The listing price of 5029 Magnolia Gardens Pl property is $489,000.
The property 5029 Magnolia Gardens Pl is a house located in Lexington, Kentucky, 40515.
Active Listing: 5029 Magnolia Gardens Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5029 Magnolia Gardens Pl are: Veterans Park Elementary School (GreatSchools Rating 7/10), Millcreek Elementary School (GreatSchools Rating 3/10), Squires Elementary School (GreatSchools Rating 6/10), Southern Middle School (GreatSchools Rating 4/10), Tates Creek Middle School (GreatSchools Rating 3/10), Edythe J. Hayes Middle School (GreatSchools Rating 8/10), Tates Creek High School (GreatSchools Rating 4/10), Henry Clay High School (GreatSchools Rating 6/10), Opportunity Middle College (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $3,400 (source: MLS/based on county public records data).
The last sale was on May 31, 2019 for $275,000 (source: MLS/tax record).
The property at 5029 Magnolia Gardens Pl has 4 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 5029 Magnolia Gardens Pl is 2005.
This home is located at 5029 Magnolia Gardens Pl in Lexington, KY and zip code 40515. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $489,000.
Lexington, KY housing market in May 2025 saw over 106 listings sold above listed price, more than 104 sold at listed price and over 159 sold below. Between April and May 2025, Lexington, KY real estate market has seen increase in the number of listings by 8.6%. The median list price of listings available in May 2025 was $330,208, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.