$255,571Average Value$181Average Price per Sq Ft1Home For Sale
Walk to the Horse Capital of the World's best attractions
Named after the famous gaming and horse racing facility within the neighborhood, Red Mile is a residential area less than 2 miles from downtown Lexington and all its amenities. “It’s a great location with a lot of history and a great blend of communities,” says Realtor John Dabney with Rector Hayden Realtors, who is a lifelong resident of Lexington. Sitting right on the edge of the city, as well as the immensely popular University of Kentucky, Red Mile residents have no shortage of public events and entertainment. "Plus, it also borders a golf course, making Red Mile one of the most active areas for things to do in Lexington," says Dabney. And, despite being within walking distance of so many different attractions, residents of Red Mile still enjoy a peaceful, suburban vibe at home, with the sprawling greens of Picadome Golf providing a serene backdrop to daily life. "People come to the course from all over town, so it's really nice for residents who can just walk here and enjoy getting some fresh air and exercise," says Sal Page, manager at Picadome Golf. With the University of Kentucky continuing to grow larger and larger, bringing more opportunity and growth to the area, Red Mile residents enjoy the best that Lexington has to offer, just steps from the comfort of their own homes.
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Heading outdoors for horse racing and golf in Red Mile
Perhaps the most unique and largest attraction of the neighborhood is Red Mile Gaming & Racing itself, which is known for harness racing, rather than thoroughbred racing. Instead of riding on the horses' backs, jockeys gear up and get ready to race down the 1-mile red clay track, while being pulled in a two-wheeled cart called a sulky. In addition to races and gambling, Red Mile is also a venue for large, city-wide events like the Railbird Festival, where world-class musical artists take the stage for two days in June. Another option for getting out and about is Picadome Golf, a public golf facility that's home to the Gay Brewer, Jr. Course. "The course was named after Gay Brewer Jr, who used to live next door in the Red Mile neighborhood, after he won the 1967 Masters Tournament," says Page. Owned by the City of Lexington, the course turns 100 years old in 2026 and features narrow fairways and small greens that provide a fun challenge for any level of golfer. There are also a few green spaces in the area for non-golfers wanting to get some fresh air. Addison Park has a playground for little ones and a large grassy field for college students to pass a frisbee or take a break from classes while laying out in the sun. Those looking to get sporty can also play basketball or tennis with some friends, or jog along the park's paved trails. Just west of Red Mile, Westover Farm is another peaceful spot where locals clear their heads while walking amongst hundred-year-old trees or watching ducks swimming in the pond.
Play basketball, tennis or football at Addison Park in Red Mile of Lexington.
Red Mile Gaming & Racing is located in the Red Mile neighborhood of Lexington.
Horse racing events are hosted in Red Mile.
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Kentucky cottages with midcentury charm and affordable pricing
Walking through Red Mile, residents will find the neighborhood to be grassy and spacious, with mature oaks cooling homes under their shady leaves and narrow stretches of woods bordering developed areas. Wide streets and quaint cul-de-sacs accommodate on-street parking, though most homes also have driveways leading to built-in garages or rear parking. In addition to apartments and student housing in the area, homes in Red Mile vary between mid-century cottages, ramblers and popular suburban styles built in the 1960s and '70s like split-levels. The average sales price for the neighborhood is $240,000, which is $100,000 dollars less than the average for the Lexington area. Two-bedroom cottages can sell for as low as $180,000, while homes with larger plans sell closer to $300,000 dollars. More expansive options with over 2,000 square feet, often built in later decades and featuring refurbished interiors, typically sell from $350,000 to $500,000 dollars. For something with less space, a smaller selection of two-to-three-bedroom townhouses can also be found lining Red Mile's streets, selling for around $170,000 dollars.
Cozy ranch style homes can be found in Red Mile of Lexington, KY.
Red Mile has affordable homes as well as beautiful dream homes.
Homes and apartments are available in Red Mile.
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Local restaurants and distilleries in Lexington
In addition to being close to some of Lexington's biggest attractions, Red Mile also has plenty of commercial areas nearby for shopping and dining. Just southeast of the neighborhood on South Broadway, residents will find a shopping plaza with several local and name-brand restaurants. First Watch is a great way to start the day with its healthy breakfast options, or folks can head over to Kentucky Sports Bar & Grille to catch up on the latest sports over beer and burgers. For other chain options, residents can also try Zaxby’s, Buffalo Wild Wings or Sir Pizza of Kentucky. Half a mile away on Alexandria Drive, a shopping center with Hispanic retail also provides flavorful alternatives. Wander into La Princesa Super Mercado to peruse their selection of international ingredients, or stop by El Sabroso for traditional Mexican eats like tacos, beans and tortas served alongside colorful murals and a family-friendly environment. Kroger can also be found right on Alexandria Drive for a more expansive selection of groceries and household necessities. On weekends, residents often head downtown to dine at popular attractions like the Distillery District on Old Frankfort Pike. Barrel House Distilling Company, Ethereal and Old Pepper Distillery all have different whiskeys and bourbons to try, while Goodfellas Pizzeria doubles as a bar and pizza joint to give folks dining options.
Red Mile residents can get fresh produce at Kroger.
The Lexington Distillery District is a popular night out location for residents from Red Mile.
Distilleries offers tours and tastings at the Lexington Distillery District.
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Head to highly-rated schools in Fayette County
Families living in the Red Mile neighborhood can send their children to schools within Fayette County Public Schools. James Lane Allen Elementary School may have a C-plus grade on Niche, but it makes up for it with local church and community partnerships. Beaumont Middle School maintains an A grade on Niche, offering 20 student clubs and a required community service project for eighth graders. From there, students can attend Lafayette High School. Ranked No. 2 for Best Public High Schools in Kentucky, Lafayette has an A Niche grade, hosts the School for the Creative and Performing Arts and offers a pre-engineering program.
Beaumont Middle School offers classes to 6th to 8th grade students.
Cheer on the team on the football field at Lafayette High.
Student success is a top priority for teachers and staff at Lafayette High School.
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Living near the University of Kentucky
Only three-quarters of a mile away, the University of Kentucky (UK) is a big driver for the Lexington community and economy. According to Dabney, it brings growth and culture to the area and its expansion is only projected to continue. “The University of Kentucky is a huge draw. Over the years it’s been expanding exponentially, and in this direction. So, Red Mile is a great location for students to live,” Dabney says. In addition to students, Red Mile's other residents also enjoy unparalleled access to campus events. In a town where sports take centerstage, UK's athletics are a particularly large attraction, especially with UK being the winningest collegiate basketball team of all time.
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Walk or ride around town
Less than two miles from downtown Lexington and UK, Red Mile is considered an extremely walkable neighborhood. “The area is also known for being bike rider-friendly,” Dabney says. There are also bus stops along Red Mile Road for those who rely on public transportation. Otherwise, people will use their own vehicles to get around. South Broadway is right next to the neighborhood for a straight shot downtown, while, Blue Grass Airport is just 5 miles west for those traveling out of state. In the case of a medical emergency, St. Joseph Hospital is also nearby, located just outside Red Mile at the end of Mason Headley Road.
Public transportation is accessible to residents in Red Mile.
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Crime
Red Mile receives a CAP Index crime score of 7 out of 10, which is higher than the national average, which is 4. "While this may have been true historically with Red Mile touching on areas of opportunity, it feels that way less and less nowadays," says Dabney.
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
Mike Inman,
an experienced agent in this neighborhood.
Parks in this Area
Woodland Park
Cheapside Park
McConnell Springs
Fifth Third Pavilion
The Arboretum
Davis Park
Addison Park
Pine Meadows Park
Wolf Run Park
Transit
Airport
Blue Grass
15 min drive
Bus
Versailles & 1608 Inbound
Bus
Versailles & Forbes Inbound
Bus
Red Mile & Campus Court Ob
Bus
Red Mile & Nancy Hanks Inbound
Bus
Versailles & 1403 Outbound
Bus
Versailles & 1617 Outbound
Bus
Versailles & 1511 (Christian Towers)
Crime and Safety
1 - Low Crime, 10 - High Crime
Red Mile
US
Homicide
9
4
Sexual Assault
9
4
Assault with Weapon
9
4
Robbery
9
4
Burglary
7
4
Motor Vehicle Theft
8
4
Larceny
6
4
Crime Score
8
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Red Mile, Lexington sell after 10 days on the market compared to the national average of 47 days. The average sale price for homes in Red Mile, Lexington over the last 12 months is $289,300, up 18% from the average home sale price over the previous 12 months.
Welcome Home to Trifecta on Red Mile! Be the first to call Trifecta on Red Mile home, where newly renovated one and two bedroom apartments combine modern features with an unbeatable location.Situated on the outskirts of downtown Lexington and the University of Kentucky, our community is adjacent to the historic Red Mile race track. Each apartment contains all new flooring,
Cute third floor unit, with laminate in kitchen and bathrooms and carpet in the bedrooms. All appliances including washer/dryer. Centrally located to downtown, New Circle Road, and University of Kentucky. 3 parking spaces provided or walk or bike to UK Campus. Available in August 2025. 48 Hour notice to show tenant occupied.
Preserve Lexington apartments offer stylish Lexington, Kentucky homes to match your lifestyle. Here, youll discover the thoughtfully designed one-, two-, and three-bedroom apartments that answer your desire to live well and your need to live close to everyday conveniences. Youll also enjoy access to community amenities like the resort-inspired pool and well-appointed resident clubhouse. An
Interested in learning more about homes in this area?
Reach out to
Mike Inman,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,497
Median Age
29
Population Density
8 ppl/acre
Population under 18
25.2%
On par with the national average
23.8%
Population over 65
9.8%
Below the national average
19.1%
Finances
Median Household Income
$25,344
Significantly below the national average
$71,702
Average Household Income
$35,818
Education and Workforce
High School Graduates
86.2%
College Graduates
37.4%
On par with the national average
34.1%
Advanced Degrees
14.5%
% Population in Labor Force
69.6%
On par with the national average
65.1%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Bikeable
Bike Score®
62/ 100
Car-Dependent
Walk Score®
15/ 100
Some Transit
Transit Score®
34/ 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.
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.
