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Lakeview Estates

Lakeview Estates

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40502

$840,226 Average Value
$213 Average Price per Sq Ft
7 Homes For Sale

Million-dollar homes and waterfront views

Lexington’s Lakeview Estates distinguishes itself as a neighborhood by its three large reservoirs and small communities of million-dollar homes. Throughout the year, residents here enjoy outdoor activities like spotting wildlife or taking the boat out for a spin. Lakeshore Drive serves as a landbridge between the area's many communities and treats walkers and runners to scenic waterfront views. “You see walkers, runners, bikers and everybody back there. It blends luxury homes and a little bit of nature,” says Jack Sheroan, the director of marketing for the Landing at Lakewood Harbour, a luxury apartment complex in Lakeview Estates. While limited access from the city’s major roads buffers the community from a lot of passing traffic, Lakeview Estates is only a few miles from destinations like downtown Lexington. “You’re close to downtown, but you still have a secluded area. The waterfront views and just living by a lake in Lexington is such a commodity,” says Jenn Pullins-Seitz, a real estate associate with Bluegrass Sotheby’s International Realty.

The average household income in Lakeview Estates is around $112,125.
The average household income in Lakeview Estates is around $112,125.
There are 839 homes in the Lakeview Estates neighborhood.
There are 839 homes in the Lakeview Estates neighborhood.
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Stately Colonials and mansions with lake access

Although the median lot size here is about a half-acre, properties have enough room for mature oaks and pines and garden beds filled with professionally manicured hedges. Dense groupings of trees along the community's roads provide shade for residents during daytime strolls. Many homes here — as well as the Landing Apartments and adjacent Lakeshore Village townhouse complex — come with private docks, and some homeowners enjoy peaceful lakefront views. The architecture here consists of many brick Colonial Revivals, some of which come with Greek touches. Other homes include mansions, 20th-century contemporary designs, large ranch-styles and Cape Cods. Smaller homes with footprints of up to about 3,500 square feet can cost roughly between $450,000 and $800,000; while the larger properties go for between $1 million and $3 million, with many waterfront properties falling into the higher price range.

Cozy colonial style homes can be found in Lakeview Estates in Lexington.
Cozy colonial style homes can be found in Lakeview Estates in Lexington.
Find a home with an incredible view in Lakeview Estates.
Find a home with an incredible view in Lakeview Estates.
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From runs to swimming and boating on reservoirs

Lakeview Estates offers a wide range of outdoor activities. “It’s still very much an active community. I’m a runner, and it’s my favorite area in Lexington to run,” Sheroan says. The reservoirs are also a convenient option for outdoor recreation. The lakes attract kayakers, swimmers and parties sharing pontoon boats and other watercraft. The neighborhood’s Lakeview Park has a large open field and walking and biking trails that wind through the surrounding woodlands. Children can enjoy the playground, while others prefer picnics. The nearby Lexington Ice Center and Sports Complex offers indoor activities and includes a facility for ice skaters of all levels. Although they'll need an invitation and board approval to join, avid golfers are also only a couple of miles from the private Idle Hour Country Club's 18-hole course.

Lakeview Park is a great location for nature lovers.
Lakeview Park is a great location for nature lovers.
The Lexington Ice Center is a 10 minute drive for Lakeview Estates residents.
The Lexington Ice Center is a 10 minute drive for Lakeview Estates residents.
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Irish pub fare at Shamrock Bar & Grill and Korean hot pot meals

Lakeview Estates is close to several shopping centers filled with chain brands and a few local staples. Miyako Sushi and Grill provides a Hibachi-style dining experience. While at the Shamrock Bar & Grill, patrons can dine on Irish-inspired pub fare like Reuben sandwiches and shepherd’s pie alongside their draft beers. KPOT Korean BBQ & Hot Pot specializes in a distinct style of Asian cooking, and its guests can have fun preparing foods on their own using the tabletop grills. Fans of Caribbean and Latin fare can stop by the Hola Havana Cuban Restaurant, while Mr. Kabab serves Mediterranean dishes. Chain restaurants in this area include Sir Pizza of Kentucky. Kroger provides a nearby grocery store.

Enjoy a unique and delicious hibachi grill dinner at Miyako in Lexington.
Enjoy a unique and delicious hibachi grill dinner at Miyako in Lexington.
Lakeview Estates residents can grab a beer or a glass of bourbon at nearby Patchen Pub.
Lakeview Estates residents can grab a beer or a glass of bourbon at nearby Patchen Pub.
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Served by highly-rated Lexington schools and private Catholic option

Students here may start at Cassidy Elementary School and Morton Middle School, which both receive an A from ratings site Niche. Cassidy’s programs include after-school class offerings with the Lexington Children’s Theater. Students may then complete their secondary education at Henry Clay High School, which also receives an A from Niche. Henry Clay has the district’s only Army JROTC program. Niche ranks Henry Clay among the top five best college prep public high schools in the state. The high school’s academic offerings include over 20 AP courses. There’s also a nearby private option in the Christ the King Catholic School, which serves students from prekindergarten to eighth grade.

The grand entrance to Henry Clay High School
The grand entrance to Henry Clay High School
Morton Middle School is a great school in the Idle Hour area
Morton Middle School is a great school in the Idle Hour area
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Cathedral of Christ the King’s Oktoberfest

Many here travel to neighboring communities for events and festivities. The Cathedral of Christ the King in the Chevy Chase area hosts the annual Oktoberfest festival in September. Over the course of several days, those attending this event can enjoy beers and German cuisine. The entertainment includes activities for children, live music and games like bingo. The performers include musical artists like country singer Tyler Farr. Oktoberfest also serves as a fundraiser for the church and its school.

Located along commuter routes of Richmond and New Circle roads

Although many here drive to commute, the Lextran has a few bus stops on the neighborhood’s outskirts. “The majority of people have a car and drive, and parking is easily accessible,” Pullins-Seitz says. Richmond Road, or U.S. Highway 25, goes directly to downtown Lexington, which is about 4 miles or 11 minutes from Lakeview Estates. New Circle Road also borders the community, providing access to several destinations across the city. New Circle leads out-of-state travelers to the Blue Grass Airport about 14 miles to the west. Lakeview Estates is also about 4 miles from both the Baptist Health Hospital and the Albert B. Chandler Hospital, the latter of which is the flagship institution for the UK HealthCare system.

Important to know

Lakeview Estates has an overall CAP Index crime score of 4 out of 10, putting it on par with the national average.

Yann Ranaivo
Written By
Yann Ranaivo
Ryan Minion
Photography Contributed By
Ryan Minion
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David Fritzson

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Robin Jones, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Blue Grass

22 min drive

Bus

Fontaine & Richmond Inbound

Bus

Fontaine & Dinsmore Outbound

Bus

Fontaine & Lakeshore Inbound

Bus

Richmond & 2420 Outbound

Bus

Richmond & 2234 Outbound

Crime and Safety

1 - Low Crime, 10 - High Crime Lakeview Estates US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$245,000
Median Single Family Price
$1,075,000
Median Townhouse Price
$264,000
Median 2 Bedroom Price
$212,900
Median 1 Bedroom Price
$159,000
Average Price Per Sq Ft
$213
Number of Homes for Sale
7
Last 12 months Home Sales
27
Months of Supply
3.10
Median List Price
$310,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
-44%

Home Facts

Number of Homes in Neighborhood
879
Median Year Built
1976
Avg. Single Family Home Size Sq Ft
5,066
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,413
Average 2 Bedroom Size Sq Ft
1,252
Average 1 Bedroom Size Sq Ft
698
Median Lot Size Sq Ft
22,651

Open Houses

  • Saturday, Apr 26
    12 - 2pm

    2005 Lakeside Dr, Lexington, KY 40502

    $1,750,000

    • 5 Beds
    • 5.5 Baths
    • 4,744 Sq Ft
    • 2005 Lakeside Dr

    Discover a rare chance to own a beautifully reimagined waterfront property in the prestigious Lakeside community. Set on an expansive 0.5+ acre lot, this stunning home has been thoughtfully re-mastered to embody a sophisticated modern organic aesthetic. The main level features an open floor plan with striking floor-to-ceiling windows that seamlessly blend indoor and outdoor living. On the first

    Abby Jones Bluegrass Sotheby's International Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Robin Jones, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,555
Median Age
38
Population Density
5 ppl/acre
Population under 18
20.4%
On par with the national average
23.8%
Population over 65
20.4%
On par with the national average
19.1%

Finances

Median Household Income
$62,788
Below the national average
$71,702
Average Household Income
$100,681

Education and Workforce

High School Graduates
92.4%
College Graduates
50%
Above the national average
34.1%
Advanced Degrees
24.3%
Above the national average
13.3%
% Population in Labor Force
69.2%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''

Area Factors

Somewhat Bikeable

Bike Score®

17 / 100

Car-Dependent

Walk Score®

4 / 100

Minimal Transit

Transit Score®

24 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lakeview Estates