$662,940
Price cut: $74K189 Red Gate Road, Lancaster, KY 40444
- 4
- beds
- 3.5
- baths
- 2,755
- sqft
- Single Family Residence
- Property type
- 2021
- Year built
- 0.5 acres
- Lot size
- $241
- Price / sq ft
- $0/mo
- HOA
Listing Description
- Eat-in Kitchen
- In-Law Floorplan
- Primary First Floor
- Wet Bar
Welcome to your Herrington Lake dream home where lakefront living meets luxury and proven income producing potential. Tucked along a peaceful no wake cove with a private dock, this stunning 4 bedroom, 3.5 bath property offers essentially two homes in one, making it an exceptional opportunity for a primary residence, lake retreat, multigenerational living, or continued income producing property. The main level makes an unforgettable impression with soaring 17 foot ceilings, white oak beams and flooring, elegant chandeliers, a floor to ceiling stone fireplace, built in wet bar, granite countertops, and a beautifully appointed chef's kitchen. The spacious primary suite offers a spa inspired bath with soaking tub and glass tile shower, while a half bath and convenient laundry/mudroom complete the main floor. Upstairs features custom built in bunks for four, a matching window seat, full bath, and generous storage. The finished lower level provides a complete second living space with 9 foot ceilings, its own open concept kitchen, dining and living areas, two bedrooms, full bath, and laundry creating tremendous flexibility while adding to the property's income producing appeal. Outdoor living is just as impressive with a covered screened in porch, fenced grassy area, and full length deck overlooking beautiful Herrington Lake. Your private dock sits in a desirable no wake cove, offering calmer water and a peaceful setting for swimming, fishing, floating, or simply relaxing by the lake. Additional features include two separate 200 amp electric services, two 50 amp RV hookups, ample parking, two heat pumps with three zone thermostats, and a five stage whole house water filtration and softener system. Beautifully designed, meticulously maintained, and already offering the benefit of income production, this is more than a lake home, it's an opportunity to enjoy the Herrington Lake lifestyle while owning a property that can help pay for itself!
Listed by Welchomes Real Estate · Christie@welchomes.com
MLS #26015277 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Single Family Residence
- Year built
- Built in 2021
- Lot size
- 0.5-acre lot
- Price / sq ft
- $241 / sq ft
- HOA
- $0/mo HOA
Interior
- 4 bedrooms
- 3.5 bathrooms
- Three Or More
- Fireplaces: 1
- Carpet, Hardwood, Tile
Property
- Single Family Residence
- 2,755 sq ft
- 0.5-acre lot
Construction
- Built in 2021
- Dimensional Style
- Heating: Heat Pump
- Cooling: Heat Pump
Show all home details
Interior
- Interior features
- Eat-in Kitchen, In-Law Floorplan, Primary First Floor, Wet Bar, Soaking Tub
- Appliances
- Dishwasher, Gas Range, Microwave, Refrigerator, Oven, Range, Vented Exhaust Fan
- Flooring
- Carpet, Hardwood, Tile
- Basement
- Finished, Walk-Out Access, Walk-Up Access
- Levels
- Three Or More
Exterior & parking
- Roof
- Dimensional Style
- Parking features
- Driveway, Off Street
- Architectural style
- Contemporary
Utilities & comfort
- Heating
- Heat Pump
- Cooling
- Heat Pump
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Driveway, Off Street
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 29, 2026 | Listed for sale | $736,600 |
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Property Documents
See what the sellers have done to the property and what known issues they disclose.
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$4,224/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $3,440
- Taxes
- $591
- Other costs
- $193
- $662,940
- Home price
- 20% · $132,588
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $3,440
- Estimated property taxes
- $591
- Home insurance
- $193
- HOA
- $0
- Utilities
- Not included
Estimate only. Utilities not included.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $3,440
- Estimated property taxes
- $591
- Home insurance
- $193
- HOA
- $0
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Garrard Co
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Garrard Co
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Garrard Co
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty