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294 Inverness Trl, Richmond, KY, 40475

5beds
4baths
2,869sqft
$599,000
$209price/sqft
$3,956/moest. monthly cost
$158,240/yrincome needed

About This Home

SELLER IS WILLING TO GIVE $5000 TOWARDS CARPET REPLACEMENT WITH AN ACCEPTABLE OFFER. Nestled in the gated community of Boone's Trace, this immaculately cared for home can be yours today. Situated on hole one of the golf course is this spacious one owner family home with sweeping views. As you pull up to the front, you'll notice two separate driveways for ample parking. The two-story foyer greets you as you enter the front door. Fresh paint is showcased throughout and hand scraped hardwood is on the main floor. The formal living room exudes natural light throughout. The eat in kitchen has plentiful cabinetry, stainless steel appliance package, and granite countertops. The eat in kitchen is open to both the dining room and family room. Off the eat in kitchen area is the covered screened in porch. The screen was recently replaced as well as deck boards restained. Additional entertaining space greets you on the uncovered deck area. Expansive views of the golf course provide a tranquil setting worthy of mentioning. As you head back inside, you'll find the family room with a cozy gas fireplace. The first floor primary retreat is equipped with three closets and tray ceilings. The en-suite was just remodeled and provides a spa-like experience. The vanity has his and her sinks and granite countertops. The floor to ceiling tiled shower is spacious. The standalone tub is a great place to unwind after a long day. The water closet finishes out the bathroom. The laundry room is conveniently located on the main floor with plentiful shelving. The powder room is just off of the garage entrance. The home is outfitted with a two-car garage on the side as well as a separate one car garage out back. Heading upstairs, you will find three large bedrooms. There is no shortage of storage as they each have an abundance of closet space. The full bathroom provides ease of access for all upstairs residents. It is furnished with a shower/tub surround and oversized vanity. The walkout lower level is a blank canvas. The hard work has already been completed as it's outfitted with a third full bathroom that's newly remodeled. Additionally, there's a fifth bedroom that could make a great space for guests. There are too many updates not to mention. A new roof was installed in 2023. The upstairs furnace was just replaced in May 2026. Both AC units were replaced in 2022. The majority of the windows were upgraded in 2020. New carpeting was installed in both the primary suite and the lower level in 2026. See the full list of updates for more details. You won't find a better community with established trees and green spaces. The neighborhood provides resort like living with amenities galore. Schedule your showing today.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
Boonesborough ElementaryGrades PK-53.6 mi
7/10

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Wood Frame,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Unfinished,Walkout Unfinished

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 254
  • Finished area above ground: 2,615

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Basement

Half Bathroom

  • Level: First

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 2,615
  • Total interior livable area: 2,869 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Other

  • Level: Basement

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 002500010065

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Association,Community,In Ground
  • Patio & porch: Screened Porch,Deck,Patio
  • Fencing: None

Lot

  • Lot size: 0.40 Acres
  • Features: Covt/Restr,See Remarks

Parking

  • Total spaces: 3
  • Parking features: Attached,Entry Rear,Entry Side,Lower Level,Driveway
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Hail
Strong Wind
Tornado

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$297$3,564
Property Taxes $405$4,860
Electricity $226$2,718
Total$3,956$47,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,634/yr
40% on housing$118,680/yr
45% on housing$105,493/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 40475$165
Madison County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 40475$175
Madison County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$599,000
2026-08-10Contingent$599,000
2026-06-29Listed for sale$599,000
2000-12-08Sold$257,000

For Sale by Agent

AgentKenley L Mattingly
BrokerageSemonin Realtors

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