704 Rainwater Drive, Lexington, KY 40515 (MLS# 26001664)

704 Rainwater Drive, Lexington, KY 40515

New Listing
$485,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,760 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $485,000 List Date: 1/29/2026 Last Modified: 1/30/2026

Description

Come live in a neighborhood where people grow up and then move back to it as adults because they love it so much. A neighborhood with an atmosphere of genuine community. This home gets you into to Waterford Subdivision at a great price. The 1st floor has an eat in kitchen with breakfast bar and a spot for seating. The kitchen is open to the living area - who doesn't love an open floor plan!? There are built in book shelves and a fireplace as well. Formal dining area and formal living / home office. Great flexible spaces for you to use as needed whether it is offices or playrooms. 4 bedrooms on the 2nd floor and 2 full bathrooms. Recently renovated kitchen and baths. The primary bedroom is large and has a spacious closet. Ensuite bath with double vanity, tiled shower and attractive tile floors. The basement and recreational space and has a full bath and rough in for a kitchenette or wet bar. There is an exterior walkout entrance as well off the garage. Fenced backyard. 2 Car Garage. This neighborhood has a community pool, playground, tennis / pickleball courts and a clubhouse that is great for events. They also do awesome events like Food Truck Friday and more. Less that .25 of a mile from one of Lexington's best public parks - Veterans Park! Zoned for Veteran's Park Elementary. (Buyer to verify schools/all info.) For more info on the HOA you can look at Waterford Subdivision and find their webpage. Be sure to check this home out on the map because it is SO close to everything you need! The Summit at Fritz Farm, Brannon Crossing, Nicholasville Rd and Tates Creek Center. Food, shopping, groceries and more within a 1 mile radius or less. The convenience is awesome! Come make Waterford your new home! Zoned to Veterans Park Elementary - verify at fcps.net. Be sure to view the virtual tour. Be sure to be the virtual tour for this home that allows you to see layout and floor plan.

Supplements: ********

More Information MLS# 26001664

Listing Information

Comp Sale YN: No Property Sub Type: Single Family Residence

Address

Directions: Tates Creek Road to Clearwater Way, right on Rainwater. Man O War to Clearwater Way, left on Rainwater Parcel Number: 20127580 County: Fayette Street Number: 704 Street Name: Rainwater Street Suffix: Drive State: KY Zip Code: 40515

Contract

Start Showing Date: 2026-01-29 Listing Agreement: Exclusive Right To Sell Occupant Type: Occupied Office Exclusive YN: No List Price/SqFt: 175.72 Current Price: $485,000 Original List Price: 485000 Status: Active Listing Contract Date: 2026-01-20 List Price: $485,000

Currently Not Used

List Price/Acre: 2309523.81

Tax & Legal

Elementary School: Veterans Middle Or Junior School: Southern High School: Tates Creek Tax Rate: 1.2638 Design Review District YN: No Inside New Circle Road YN: No

Association/Community

Association YN: Yes Association Mandatory YN: Yes Association Fee: 550 Association Fee Frequency: Annually

Interior

Living Area: 2760 Living Area Source: Public Records Bathrooms Half: 1 Above Grade Finished Area: 2310 Below Grade Finished Area: 450 Basement YN: Yes Fireplace YN: Yes Fireplaces Total: 1 Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 3

Parking Information

Garage YN: Yes Garage Spaces: 2 Carport YN: No

Building

Accessibility Features YN: No Year Built: 1993

Lot

Lot Size Source: Public Records Lot Size Acres: 0.21 Lot Size Square Feet: 9147.6 Pool Private YN: No View YN: Yes Waterfront YN: No Water Body Access YN: No Horse YN: No

Utilities

Cooling YN: Yes Heating YN: Yes

Remarks

Public Remarks: Come live in a neighborhood where people grow up and then move back to it as adults because they love it so much. A neighborhood with an atmosphere of genuine community. This home gets you into to Waterford Subdivision at a great price. The 1st floor has an eat in kitchen with breakfast bar and a spot for seating. The kitchen is open to the living area - who doesn't love an open floor plan!? There are built in book shelves and a fireplace as well. Formal dining area and formal living / home office. Great flexible spaces for you to use as needed whether it is offices or playrooms. 4 bedrooms on the 2nd floor and 2 full bathrooms. Recently renovated kitchen and baths. The primary bedroom is large and has a spacious closet. Ensuite bath with double vanity, tiled shower and attractive tile floors. The basement and recreational space and has a full bath and rough in for a kitchenette or wet bar. There is an exterior walkout entrance as well off the garage. Fenced backyard. 2 Car Garage. This neighborhood has a community pool, playground, tennis / pickleball courts and a clubhouse that is great for events. They also do awesome events like Food Truck Friday and more. Less that .25 of a mile from one of Lexington's best public parks - Veterans Park! Zoned for Veteran's Park Elementary. (Buyer to verify schools/all info.) For more info on the HOA you can look at Waterford Subdivision and find their webpage. Be sure to check this home out on the map because it is SO close to everything you need! The Summit at Fritz Farm, Brannon Crossing, Nicholasville Rd and Tates Creek Center. Food, shopping, groceries and more within a 1 mile radius or less. The convenience is awesome! Come make Waterford your new home! Zoned to Veterans Park Elementary - verify at fcps.net. Be sure to view the virtual tour. Be sure to be the virtual tour for this home that allows you to see layout and floor plan.

Amenity Fee Details

Amenity Fee YN: No

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Range: 1 Refrigerator: 1

Association Amenities

Clubhouse: 1 Playground: 1 Pool: 1 Tennis Court(s): 1

Association Fee Includes

Other: 1

Basement

Exterior Entry: 1 Finished: 1 Full: 1 Partially Finished: 1 Walk-Up Access: 1

Community Features

Park: 1 Pickleball: 1 Pool: 1 Tennis Court(s): 1

Construction Materials

Brick Veneer: 1 Vinyl Siding: 1

Cooling

Heat Pump: 1

Fencing

Privacy: 1 Wood: 1

Fireplace Features

Living Room: 1

Flooring

Laminate: 1 Tile: 1

Foundation Details

Block: 1

Heating

Forced Air: 1 Natural Gas: 1

Interior Features

Breakfast Bar: 1 Ceiling Fan(s): 1 Eat-in Kitchen: 1 Entrance Foyer: 1 Walk-In Closet(s): 1

Levels

Two: 1

Lot Features

Landscaped: 1

Owner Pays

Common Area Maintenance: 1 Management: 1 Pool Maintenance: 1

Parking Features

Attached Garage: 1 Driveway: 1 Garage Door Opener: 1 Garage Faces Side: 1

Patio And Porch Details

Front Patio: 1

Patio And Porch Features

Deck: 1 Patio: 1

Possession

Close Of Escrow: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Structure Type

House: 1

View

Neighborhood: 1

Water Source

Public: 1

Showing Requirements

Showing Service: 1

Showing Information

Showing Instructions: Sentra on front door. Use lockbox.

Room Types

Bathroom 1: 1 Bathroom 1 Level: Lower Bathroom 2: 1 Bathroom 2 Level: First Bathroom 3: 1 Bathroom 3 Level: Second Bathroom 4: 1 Bathroom 4 Level: Second Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Second Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Primary Bedroom: 1 Primary Bedroom Level: Second Recreation Room: 1 Recreation Room Level: Lower

Status Change Information

Status Change Timestamp: 2026-01-29

Tax Legal

MLS Area Major: 003 - Fayette County SE Subdivision Name: Waterford High School District: Fayette County - 1

Property Features

Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Association Amenities: Clubhouse; Playground; Pool; Tennis Court(s) Association Fee Includes: Other Basement: Exterior Entry; Finished; Full; Partially Finished; Walk-Up Access Community Features: Park; Pickleball; Pool; Tennis Court(s) Construction Materials: Brick Veneer; Vinyl Siding Cooling: Heat Pump Fencing: Privacy; Wood Fireplace Features: Living Room Flooring: Laminate; Tile Foundation Details: Block Heating: Forced Air; Natural Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Walk-In Closet(s) Levels: Two Lot Features: Landscaped Owner Pays: Common Area Maintenance; Management; Pool Maintenance Parking Features: Attached Garage; Driveway; Garage Door Opener; Garage Faces Side Patio And Porch Details: Front Patio Patio And Porch Features: Deck; Patio Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Structure Type: House View: Neighborhood Water Source: Public Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 2; Bedroom 3; Bedroom 4; Kitchen; Living Room; Primary Bedroom; Recreation Room

Room Information

Kitchen Level: First Living Room Level: First Primary Bedroom Level: Second Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Second Bathroom 1 Level: Lower Bathroom 2 Level: First Bathroom 3 Level: Second Bathroom 4 Level: Second Recreation Room Level: Lower
Listing Office: Keller Williams Bluegrass Realty
Last Updated: January - 30 - 2026
Information deemed reliable but not guaranteed.