$387,000

705 Dawson Springs Way Lexington, KY 40511

$4,596
Closing credit¹
3 beds
2 full, 1 partial
0.2 acres
House

Property details

About 705 Dawson Springs Way

Welcome to 705 Dawson Springs Way, a spacious and adaptable home situated in a desirable Newtown Springs neighborhood. This residence offers a blend of comfort and potential, perfect for those seeking a home that can evolve with their needs. The main floor features a well-designed layout with ample living space, including a comfortable living room, first floor primary bedroom, a functional kitchen, and dining areas that cater to both everyday living and entertaining. The two bedrooms on the second level are generously sized, providing restful retreats for family members or guests. A standout feature of this home is the expansive bonus room on the second floor. This versatile space offers endless possibilities--it can be transformed into additional bedrooms, a home office, a playroom, or even a spacious walk-in closet, depending on your lifestyle needs. The property also boasts a sizable backyard, offering outdoor space for relaxation, gardening, or hosting gatherings. Its location provides convenient access to local amenities, a new Kroger Supermarket to open in the fall of 2025, schools, and major roadways, make your daily commute a breeze.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Lot size0.179 Acres
Year built2007
ParkingDriveway
MLS #25012384

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Disposal, Oven, Refrigerator, Range, Microwave, Dishwasher
  • Flooring Type: Carpet, Vinyl, Tile
  • Interior: Dining Area, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
  • Total Bedroom Count: 3
  • Parking: Driveway
  • Exterior: Deck, Porch
  • Architectural Style: Contemporary
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • List Price: $387,000
  • Annual Tax Amount: $3,813
  • Tax Year: 2023
  • Directions: North on Newtown Pike, right on Citation, right on Silver Springs, right on Dawson Springs.
  • Year Built: 2007
  • Stories: 2
  • Lot Size: 0.179 Acres
  • MLS Number: 25012384
  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365
  • Office Email: Greg@TheBrokerageKY.com

IDX 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: 6/12/2025, 10:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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705 Dawson Springs Way, Lexington, KY 40511 - traditional-style home with brick siding, an attached garage, concrete driveway, and covered porch

$387,000

705 Dawson Springs Way

$4,596

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$308,400$3,813
2022$308,400$3,939
2021$224,800$2,871
2019$224,800$2,871
2018$224,800$2,871

History based on county public records data.

Nearby schools

3

Booker T. Washington Elementary School

Public District PK-5

1.2 mi

707 Howard St

2

Arlington Elementary School

Public District PK-5

1.6 mi

122 Arceme Ave

4

Northern Elementary School

Public District PK-5

1.7 mi

340 Rookwood Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,114. Typical income of Lexington, KY residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
40%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
21%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 705 Dawson Springs Way

The listing price of 705 Dawson Springs Way property is $387,000.

The property 705 Dawson Springs Way is a house located in Lexington, Kentucky, 40511.

Active Listing: 705 Dawson Springs Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 705 Dawson Springs Way are: Booker T. Washington Elementary School (GreatSchools Rating 3/10), Arlington Elementary School (GreatSchools Rating 2/10), Northern Elementary School (GreatSchools Rating 4/10), Winburn Middle School (GreatSchools Rating 2/10), Bryan Station Middle School (GreatSchools Rating 3/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Fayette County Learning Center (GreatSchools Rating 2/10), Bryan Station High School (GreatSchools Rating 2/10), Steam Academy (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $3,813 (source: MLS/based on county public records data).

The property at 705 Dawson Springs Way has 3 bedrooms and 2 full and 1 half bathrooms.

The year of construction for 705 Dawson Springs Way is 2007.

This home is located at 705 Dawson Springs Way in Lexington, KY and zip code 40511 in the District 1 neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $387,000.

In May 2025 more than 106 listings in Lexington, KY were sold above the asking price. During the same period more than 104 listings were sold at asking price, while more than 159 were sold below. Between April and May 2025, Lexington, KY real estate market has seen increase in the number of listings by 8.6%. While the average time on the market in May 2025 was 23 days, the median list price was $330,208.

From Rocket Homes Real Estate and based on county public records data.

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