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535 Twin Lakes Dr, Lancaster, KY, 40444

4beds
4baths
3,368sqft
$914,900
$272price/sqft
$5,887/moest. monthly cost
$235,480/yrincome needed

About This Home

Welcome to a rare opportunity to own an exceptional property where modern comfort meets serene country living. This completely updated 4 bedroom, 3 1/2 bathroom ranch, wood siding home is perfectly positioned on 14 breathtaking acres, featuring a 3.6 acre, stocked pond that creates a peaceful, private retreat unlike any other. The main level offers thoughtfully updated living with quality finishes throughout, like beautiful hardwood floors, an open concept, living, dining and kitchen with white shaker cabinets, granite countertops with an expansive island and GE Cafe stainless appliances, along with a stone fireplace, providing both style and functionality. The primary and a second bedroom is conveniently located on main level. The primary with en-suite serves as a true retreat, featuring a luxurious tile shower with glass door, double vanity sink and a spacious walk in closet complete with custom built in storage. The main level laundry room is thoughtfully designed with quartz countertops, a utility sink, and overhead cabinetry. An additional laundry area, with laundry unit, in the finished basement adds flexibility. The full, finished basement significantly expands the living space and includes a complete second kitchen, featuring GE profile appliances, and includes the third and fourth bedrooms and 2 full bathrooms with tile showers with tile floors, ideal for entertaining, recreation, or multigenerational living. An additional room with a closet, but no window provides flexible space for a home office, fitness room or hobby area. Every detail has been carefully considered, allowing this home to be truly move-in ready. Step outside and enjoy panoramic views, open green space and the tranquil waters of the pond, with a floating dock, perfect for fishing, relaxing or simply taking in the beauty of nature. Whether you are seeking a private escape, a hobby farm, or a unique estate property, this home offers endless possibilities. Rarely does a property combine extensive acreage, a fully updated home, and a picturesque pond setting in one remarkable offering. An extraordinary place to call home. Outdoors, the property continues to impress with a 2 car shed with electric, an additional outbuilding for storage or workspace and a dedicated 32x14 storm shelter for peace of mind. Whether you are looking for a primary residence or an Airbnb investment, this home checks all the boxes, as a great option for income producing possibilities!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
5/10
Garrard Middle SchoolGrades 6-84.0 mi
8/10

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Concrete Perimeter,Stone
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup,Lower Level,Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access,Walk-Up Access

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bathroom3

  • Level: Lower

Bathroom4

  • Level: Lower

Bedroom2

  • Level: First

Bedroom3

  • Level: Lower

Bedroom4

  • Level: Lower

Bedroom5

  • Level: Lower

Bedrooms & Bathrooms

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

Family Room

  • Level: Lower

Features

  • Eat-in Kitchen,In-Law Floorplan,Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room,Propane,Ventless
  • Fireplace: Yes
  • Finished area below ground: 1,684
  • Finished area above ground: 1,684

Heating & Cooling

  • Heating features: Heat Pump,Ductless
  • Cooling features: Central Air,Ductless,Electric,Heat Pump

Interior Area

  • Total structure area: 3,368
  • Total interior livable area: 3,368 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 4211

Features

  • Levels: Two
  • On waterfront: Yes
  • Waterbody name: Other
  • Horses can be raised: Yes

Lot

  • Lot size: 14 Acres
  • Features: Wooded

Parking

  • Parking features: Detached Carport,Driveway
  • 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

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather

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 $4,626$55,512
Home Insurance *$583$6,996
Property Taxes $413$4,956
Electricity $265$3,191
Total$5,887$70,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$201,840/yr
40% on housing$176,610/yr
45% on housing$156,986/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 40444$143
Garrard County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 40444
Garrard County$153

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
2026-05-04Price change$850,000
2026-03-04Price change$899,000
2025-12-19Listed for sale$950,000

For Sale by Agent

AgentKaren Amon
BrokerageDanny Ayres Realty & Auction

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