Lexington Homes under $400,000

Welcome to Lexington, Kentucky – a vibrant city steeped in rich history and Southern charm. Known as the "Horse Capital of the World," Lexington boasts a unique blend of equestrian culture, stunning landscapes, and a thriving arts scene. Nestled in Fayette County, this picturesque city offers residents the perfect balance of urban amenities and rural beauty, making it an ideal place to call home.

For those seeking affordable housing options, Lexington is a treasure trove of homes under $400,000. With a diverse range of neighborhoods, you’ll find everything from charming historic homes to modern developments. Whether you’re a first-time buyer, a growing family, or looking to downsize, Lexington has something for everyone.

Imagine waking up in a cozy bungalow adorned with classic architecture or a spacious family home complete with a backyard oasis. Many of these properties are conveniently located near top-rated schools, parks, and local attractions, ensuring that you’re never far from the action. Plus, with a strong sense of community and friendly neighbors, you’ll quickly feel at home in your new surroundings.

Lexington also offers a plethora of recreational activities, from exploring the beautiful Kentucky Horse Park to enjoying a leisurely stroll through the scenic parks and nature trails. With a vibrant dining scene and numerous shopping options, you’ll find everything you need right at your fingertips.

Discover the charm and affordability of Lexington, KY, where your dream home awaits! Explore our listings today and take the first step towards making this welcoming city your own.

Newest Lexington Homes under $400,000

$360,000

2 Beds ⋅ 2 Baths ⋅ 26027351 MLS

Improved price! Great opportunity to secure a turn-key condo in a highly sought-after Lexington neighborhood.This 2 bedroom 2 bath condo offers modern architectural bones with it's 11ft metal deck ceilings, open layout, ample bedroom sizes, and beautiful, sweeping natural light through the floor to ceiling window that frames the unit. This condo is perfect for those seeking a sophisticated primary residence or a refined, lock-and-leave lifestyle, the property features easy access to the rooftop patio, steps away from the elevator to the parking garage where you will have one numbered space and a parking sticker for a second vehicle on adjacent parking lot. Rest easy knowing that there is on-site management, a room designated for package delivery (no missed deliveries), and a fully equipped fitness center. Enjoy the absolute best of downtown Lexington living with numerous dining spots, parks, and shopping just outside your door.

350 E Short St Unit 211, Lexington

Listing courtesy of Sara M Morken of Bluegrass Sotheby's International Realty.

$350,000

3 Beds ⋅ 3 Baths ⋅ 26027345 MLS

3 bedroom 2 1/2 bath in the desirable Clemens Heights neighborhood. New 15 x 15 deck in 2025. Hvac 2020. Windows replaced in 1999.

4368 Clemens Dr, Lexington

Listing courtesy of Susan Kennedy of Bluegrass Sotheby's International Realty.

$325,000

3 Beds ⋅ 3 Baths ⋅ 26027324 MLS

This charming brick and wood siding ranch home on a finished basement can be yours! Situated on a quiet, dead-end street in desirable East Lake Subdivision. The first level includes a living room with a large bay window, eat-in kitchen with full array of appliances and pantry, master bedroom with adjoining full bath, two additional bedrooms and a second full bath. Lower level has a cozy family room to include a brick fireplace with gas logs (propane). Lower level also includes a bonus room, with a closet, that can be used as a bedroom, work-out room or storage, a full bath with new shower insert, and a separate utility room to include washer and dryer. The 2-car basement garage is over-sized (627 Sq Ft)and contains built-in shelving for storage and a work bench. Recent improvements are the roof (2021), HVAC (2023), and newer carpet on the stairs and basement. Conveniently located just minutes to New Circle Rd, Jacobson Park and I-75.

3236 Hunters Point Dr, Lexington

Listing courtesy of Vicki J VanWinkle of ERA Select Real Estate.

$220,000

2 Beds ⋅ 3 Baths ⋅ 26027286 MLS

Welcome home to low-stress living just minutes from downtown. This two-bedroom, two-and-a-half-bath condo offers the perfect lock-and-leave lifestyle, with fresh paint throughout and brand new flooring on the main level, already done for you. All bedrooms are privately situated upstairs, giving you a clear separation between living and resting space. Did we mention is it has ample bonus great creating or any hobbies you might have. And you'll love the multiple sliding doors front and back, bringing in great natural light and easy indoor-outdoor flow. Enjoy maintenance-free living in a super convenient location close to downtown energy, but without the noise and hassles. This is easy living, done right. Buyer to verify all aspects of the sale.

750 Shaker Dr Unit 207, Lexington

Listing courtesy of Danielle Despard of In House Real Estate.

$360,000

3 Beds ⋅ 3 Baths ⋅ 26027279 MLS

A spacious layout, inviting covered front porch and expansive fenced backyard make this 3-bedroom, 2.5-bath home stand out! Conveniently located approximately 10 minutes from downtown Lexington and 15 minutes from downtown Georgetown, this home puts dining, shopping and entertainment in both cities within easy reach. The main level features a bright, generously sized open living room. The eat-in kitchen offering light cabinetry, stainless steel appliances, subway tile backsplash, granite countertops, an island and plenty of cabinet and counter space. Upstairs, a versatile loft provides additional space for a home office, playroom or second living area. The oversized primary suite features a walk-in closet and private bath with a double vanity, soaking tub and separate shower. Two additional bedrooms complete the upstairs living spaces. Outside, a new roof, plus the large patio and fully fenced backyard offer plenty of room for entertaining, gardening or simply enjoying the outdoors. An attached two-car garage adds everyday convenience. Enjoy room to spread out, inside and out, with a location that keeps you connected to both Lexington and Georgetown!

968 Applecross Dr, Lexington

Listing courtesy of Cheri Shaffer of Lifstyl Real Estate.

$160,000

2 Beds ⋅ 2 Baths ⋅ 26027265 MLS

Come see this beautifully updated Lexington townhome offering a convenient location and an inviting, functional layout. Just minutes from Jacobson Park, Raven Run Nature Sanctuary, Hamburg shopping, dining, and more, this home puts everyday amenities and outdoor recreation close at hand. Inside, you'll find a bright, open main level featuring a spacious family room, well-appointed kitchen, first-floor half bath, and convenient laundry room. Upstairs offers two generously sized bedrooms and a full bath, providing comfortable living space with a practical floor plan. New privacy fence added as well with a cute outdoor area! Whether you're looking for a primary residence or an investment opportunity, this well-maintained townhome offers versatility, convenience, and easy access to all that Lexington has to offer. Schedule your showing today!

2537 Lindenhurst Loop, Lexington

Listing courtesy of Autumn Johannes of National Real Estate.

$279,900

3 Beds ⋅ 2 Baths ⋅ 26026642 MLS

"SOLVE THE INTEREST RATE PROBLEM". Seller is offering a PAID 2-1 INTEREST RATE BUYDOWN with accepted FULL-PRICE OFFER! Example: IF the buyer's 30-yr fixed note rate is 7%, the rate could be-5% Year 1, 6% Year 2, and 7% thereafter. BuyDown subject to lender approval/terms. MOVE-IN READY! BEAUTIFULLY RENOVATED-3-brm/2-full bath -OPEN FLOOR PLAN-2-STORY FOYER, 1-car garage and 3-car driveway parking- Get ready to be impressed by this beautifully renovated two-story home, where abundant natural light, an inviting open floor plan, woodburning fireplace custom design with dental molding all the thoughtfully selected updates come together to create a home that feels fresh, welcoming, and ready to enjoy! Featuring 3-bedrooms and 2-full bathrooms, this home has been refreshed with today's lifestyle in mind. Step inside through the impressive 2-story foyer and experience an open-concept design that creates an effortless flow between the main living, dining, and kitchen areas, ideal for everyday living as well as entertaining family and friends. Mostly hardwood flooring adds warmth and character throughout, while generous natural light enhances the home's bright and inviting atmosphere. The sellers' thoughtful investment in this property is evident throughout, with numerous upgrades and carefully selected improvements incorporated during the renovation. The attention to detail extends well beyond what can be captured in photos or a brief description. The generosity of the sellers is demonstrated with upgrade choices throughout the home with the multiple upgrades during renovation like the modern bathroom mirror with touch lighting and defogging selection, 2- Modern Blade hideaway ceiling fans, chandeliers and more. See the complete list of renovations and improvements. With the work already completed, you can skip the renovation projects and simply move in, settle in, and make it your own. Offering a wonderful combination of style, comfort, functionality, and thoughtful updates, this turn-key home is ready for its next chapter. This is one you'll want to experience in person, be ready to fall in love when you walk through the door! Buyer to verify schools, taxes, square footage, lot size, and all information deemed important to Buyer.

2812 Kasey Ct, Lexington

Listing courtesy of Janet L Jones of RE/MAX Elite Lexington.

$300,000

3 Beds ⋅ 2 Baths ⋅ 26026866 MLS

Welcome home to Spicewood near Masterson Station! This well-maintained 3-bedroom, 2-bath home offers over 1,200 square feet of comfortable living space and is ready for its next owner. From the moment you arrive, you'll appreciate the attractive landscaping and welcoming curb appeal. A newer roof adds valuable peace of mind, while the home's overall condition makes it easy to move in and make it your own. Conveniently located near Masterson Station, this home offers a great combination of comfort, convenience, and neighborhood appeal. Whether you're a first-time buyer, looking for more space, or ready to settle into a well-cared-for home, this one is worth seeing! Schedule your showing today and come see why this Spicewood home could be the perfect fit for you!

133 Clover Valley Dr, Lexington

Listing courtesy of Adrean Robinson of United Real Estate Bluegrass.

$352,500

2 Beds ⋅ 2 Baths ⋅ 26027223 MLS

Enjoy effortless one-level living in this beautifully situated seventh-floor condominium at Hanover Towers, overlooking the treetops of coveted Ashland Park. This spacious two-bedroom, two-bath residence features an open floor plan filled with natural light and lovely elevated views. With elevator access and everything conveniently located on one level, this home offers the perfect combination of comfort and ease. The open living and dining areas provide wonderful space for entertaining or simply relaxing above the canopy of one of Lexington's most treasured neighborhoods. Residents of Hanover Towers also enjoy access to a rooftop patio with sweeping views of downtown Lexington—an ideal spot to gather with friends, enjoy an evening cocktail, or take in the city skyline. Step outside and enjoy the charm and convenience of Ashland Park and Chevy Chase, with favorite restaurants, shopping, coffee shops, entertainment, and neighborhood amenities just moments away. Enjoy low-maintenance condominium living, beautiful views, and one of Lexington's most desirable in-town locations.

101 S Hanover Ave Unit 7B, Lexington

Listing courtesy of Becky Reinhold of Bluegrass Sotheby's International Realty.

$315,000

3 Beds ⋅ 2 Baths ⋅ 26027084 MLS

Well-maintained all-brick ranch home awaits! Enjoy easy single-floor living with smart functionality throughout. The open eat-in kitchen overlooks the family room, featuring a masonry brick fireplace and access to the covered 34' x 16' patio—perfect for relaxing or entertaining. A spacious living room with wonderful natural light and a formal dining room that is currently used as an office/den, provide additional flexibility. The LR/den's stunning built-in shelving is ideal for displaying books, treasured collections or favorite décor. The primary suite offers a private bath, while two additional bedrooms and baths provide plenty of space your needs or guests. While you may want to add your own personal touches, you'll appreciate the peace of mind that comes with many important updates already completed, including a roof and HVAC replaced within the past 4-5 years, plus replacement windows and newer sliding glass doors in place. The large side-entry two-car garage is generously sized and features replaced door. An attached rear storage shed, approximately 16' x 6.5', provides excellent additional storage. A well-cared-for home with the big-ticket items already addressed—ready for you to make it your own!

3336 Carriage Ln, Lexington

Listing courtesy of Laura Hayden of Rector Hayden Realtors.

$324,900

3 Beds ⋅ 3 Baths ⋅ 26027206 MLS

Charming, Well-Maintained Home in a Convenient Location! Located just off Harrodsburg Road and Clays Mill Road, this inviting two-story home offers a wonderful combination of comfort, convenience, and charm. The spacious, level fenced rear yard features mature landscaping and provides plenty of room for outdoor entertaining, pets, gardening, or simply enjoying your own private retreat. Inside, the welcoming living room flows seamlessly into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. The kitchen features beautiful oak cabinetry, updated appliances, and an abundance of countertop workspace. A convenient half bath is located just off the laundry area. The first-floor primary bedroom offers the convenience of a private full bathroom and generous closet space. Upstairs, you'll find additional spacious bedrooms along with a full bathroom, providing plenty of room for family, guests, or a home office. Additional highlights include a two-car attached garage with opener and remotes, mature landscaping, and a thoughtfully designed floor plan. This well-maintained home is truly move-in ready and offers a location that is hard to beat--close to shopping, dining, schools, and major roadways. A charming home, a great yard, and an incredibly convenient location--all at a price that makes it a must-see!

3108 Arrowhead Dr, Lexington

Listing courtesy of Maggie C Taylor of RE/MAX Creative Realty.

$230,000

3 Beds ⋅ 1 Baths ⋅ 26027204 MLS

Enjoy comfortable living in this inviting 3-bedroom, 1-bath brick ranch. The home features a living room, separate family room, and a kitchen with a convenient bar and newer appliances. Plenty of space to relax and gather. separate utility room/cellar lower level. Step outside to a cozy covered front porch or for more privacy enjoy the back covered patio. Parking and projects are a breeze with an attached one-car garage plus a detached 24' x 24' two-car garage with 10-foot ceilings and a separate driveway. Conveniently located near parks, restaurants, and shopping, this home offers a great blend of comfort, storage, and location. Situated on a cute, fenced lot with 8X10 storage shed. Hardwood floor under carpet in living room & hall per seller. Property being sold "AS IS" "WHERE IS" with no warranties expressed or implied. Inspections welcome.

1040 Hudson Ave, Lexington

Listing courtesy of Wanda M Smith of WATTS REALTORS & AUCTIONEERS, INC..

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Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.