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4848 Chelmsbury Ln, Lexington, KY, 40515

5beds
7baths
9,470sqft
$2,300,000
$243price/sqft
$15,698/moest. monthly cost
$627,920/yrincome needed

About This Home

Experience unparalleled luxury in this exquisite English Manor, a Schaefer Homes masterpiece in the prestigious, gated Hartland Estates. The grand two-story entry, featuring a curved staircase and stone-with-wood-inlay flooring, sets a stately tone that continues throughout. While the home retains its magnificent original woodwork—including mahogany and knotty pine cabinetry, beams, and trusses—it has been thoughtfully elevated with a completely reimagined gourmet kitchen and a stunningly updated primary retreat. The lavish first-floor primary suite now boasts a modern, spa-like bath and vaulted sitting room with fireplace. The expansive floor plan includes six fireplaces, a walk-out basement with a pub-style bar, home theatre, and gym, all situated on a lush .67-acre lot. Modern efficiencies like geothermal HVAC and a 4-car garage complete this one-of-a-kind estate.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

4/10
4/10
3/10
Tates Creek High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Dimensional Style,Shingle
  • Construction materials: Brick Veneer,Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Double Oven,Dishwasher,Gas Range,Microwave,Refrigerator,Cooktop,Self Cleaning Oven,Vented Exhaust Fan
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup,Upper Level

Basement

  • Has basement: Yes
  • Basement: Concrete,Exterior Entry,Full,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Entrance Foyer,In-Law Floorplan,Wet Bar,Walk-In Closet(s),Ceiling Fan(s),Soaking Tub
  • Window features: Insulated Windows,Window Treatments,Screens
  • Flooring: Hardwood,Marble,Tile
  • Number of fireplaces: 6
  • Fireplace features: Dining Room,Living Room,Master Bedroom,Outside,Recreation Room,Den
  • Fireplace: Yes
  • Finished area below ground: 2,910
  • Finished area above ground: 6,560

Heating & Cooling

  • Heating features: Electric,Geothermal
  • Cooling features: Electric,Geothermal

Interior Area

  • Total structure area: 9,470
  • Total interior livable area: 9,470 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 38023620
  • Other equipment: Irrigation Equipment,Home Theater

Features

  • Levels: Three Or More
  • Exterior features: Basketball Court,Other
  • Fencing: None

Lot

  • Lot size: 0.61 Acres
  • Features: Landscaped,Few Trees

Parking

  • Total spaces: 4
  • Parking features: Attached Garage,Detached Garage,Driveway,Garage Faces Front,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $11,630$139,560
Home Insurance *$988$11,856
Property Taxes $2,333$27,996
Electricity $747$8,974
Total$15,698$188,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$538,217/yr
40% on housing$470,940/yr
45% on housing$418,613/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 40515$207
Fayette County$245

vs Homes Sold Last Month

Median $/sqft

ZIP 40515$179
Fayette County$186

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)

Price History

DateEventPrice
2026-05-26Listed for sale$2,300,000
2026-05-06Listing removed$2,300,000
2026-04-11Listed for sale$2,300,000
2019-03-20Sold$1,430,000
2019-01-23Pending sale$1,559,000
2018-08-17Listed for sale$1,559,000
2012-06-26Sold$1,550,000
2010-10-29Sold$1,550,000
2010-05-08Price change$1,675,000
2009-09-16Price change$1,750,000
2009-08-12Price change$1,795,000
2009-08-02Price change$1,895,000
2009-07-02Listed for sale$1,795,000

For Sale by Agent

AgentMichael H McNeill
BrokerageBluegrass Sotheby's International Realty

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