Masterson Station Homes under $500,000

Welcome to Masterson Station, a vibrant and welcoming subdivision nestled in the heart of Lexington, Kentucky. This charming community is a hidden gem within Fayette County, offering an ideal blend of suburban tranquility and urban convenience. With its picturesque streets, lush green spaces, and family-friendly atmosphere, Masterson Station is the perfect place to call home.

One of the standout features of this neighborhood is its diverse range of homes, many of which are available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of styles and layouts to suit your needs. From cozy single-family homes to more spacious properties, Masterson Station provides options that cater to every lifestyle and budget.

Residents of Masterson Station enjoy easy access to an array of amenities. The community boasts well-maintained parks, playgrounds, and walking trails, making it perfect for outdoor enthusiasts and families alike. Additionally, you'll find excellent schools, shopping centers, and dining options just a short drive away, ensuring that everything you need is within reach.

As a community that values connection and engagement, Masterson Station hosts various events throughout the year, fostering a sense of belonging among neighbors. With its friendly atmosphere and beautiful surroundings, it’s no wonder that Masterson Station is a sought-after destination for those looking to settle in Lexington.

Explore the possibilities that await you in Masterson Station, where your dream home is just a visit away!

Newest Masterson Station Homes under $500,000

$375,000

3 Beds ⋅ 3 Baths ⋅ 26030377 MLS

Welcome to this beautiful Laurel Square floor plan from Ball Homes' Trend Collection, built in 2022! With its open-concept first floor and thoughtfully designed spaces, this home offers the perfect blend of style, comfort, and functionality. The spacious kitchen serves as the heart of the home, featuring beautiful granite countertops, a large island, ample cabinet space, a generous pantry, and a large eat-in dining area. The kitchen flows seamlessly into the living room, creating an inviting space for both entertaining and everyday living. Just off the main living area, enjoy the privacy of a fenced backyard and relax on the covered back porch. Upstairs, you'll find a spacious primary suite complete with a vaulted ceiling, large walk-in closet, and generous bathroom. Two additional bedrooms, a full hall bath, and a versatile loft area just off the bedrooms provide plenty of room to spread out. The loft is the perfect flex space to make your own, whether you envision a playroom, home office, gaming area, cozy reading nook, or anything else that fits your needs. Enjoy the feel of a like-new home without the wait of building! Conveniently located near everyday amenities, restaurants, and Publix, with easy access to I-75, this home offers the space, convenience, and lifestyle you've been looking for.

1293 Barleys Pass, Lexington

Listing courtesy of Rachael Helm of ERA Select Real Estate.

$410,000

3 Beds ⋅ 3 Baths ⋅ 26029991 MLS

Located in the desirable Masterson Station neighborhood of Lexington, this home has been extensively updated inside and out. Exterior improvements include a freshly pressure-washed and painted exterior, new gutters, a refurbished deck with new decking and railings, freshly painted entrance posts and garage door, updated exterior lighting, and professional landscaping that enhances curb appeal. Inside, the entire home has been freshly painted, including walls and ceilings. The kitchen features new cabinetry, updated fixtures, new appliances, and beautiful Taj Mahal quartz countertops. Additional upgrades include new flooring, carpet, door hardware, ceiling fans, and granite surrounds at the fireplace. The bathrooms have been renovated with new vanities, matching Taj Mahal quartz countertops, updated mirrors, and a remodeled primary bath featuring a new soaking tub and tiled shower. Major mechanical improvements include the replacement of two HVAC units and all smoke detectors, providing added comfort, efficiency, and peace of mind. Seller has had a home inspection done after all home improvements were made. Seller made all repairs from home inspection list.

925 Winding Oak Trl, Lexington

Listing courtesy of Philip PJ Elder of Omega Real Estate Brokerage LLC.

$299,000

3 Beds ⋅ 2 Baths ⋅ 26029663 MLS

Nestled in the heart of Masterson Station Neighborhood, a few blocks from Masterson Station Park walking path access and the Masterson Station Clubhouse & Pool, this 3 bedroom, 2 bath home awaits its next owner! Featuring new carpet, granite counter tops, and interior shutters in every room, this home is move in ready! If gardening is in the plans and enjoying the sun are appealing to you, this home features raised beds and a large back deck off the home office to host family and friends! This home is conveniently located close to the Leestown Road corridor, the VA Leestown Campus, and Citation Boulevard! Get your daily steps in and enjoy all the amenities of Masterson Station Park! Come and see all that his home has to offer!

236 Gateway Park Cir, Lexington

Listing courtesy of Lucy Jett Waterbury of Rector Hayden Realtors.

$329,750

3 Beds ⋅ 2 Baths ⋅ 26029535 MLS

New roof, new water heater, and newer HVAC system! Welcome home to this inviting ranch featuring an open floor plan, 3 bedrooms, and 2 full bathrooms! The home offers a warm, comfortable feel with a cozy fireplace perfect for cooler months and a variety of updates throughout. The kitchen features granite countertops and a stylish backsplash, complemented by modern light fixtures and custom contemporary barn doors. Fresh paint throughout gives the home a clean, refreshed look. The HVAC system was replaced in summer 2021, with additional recent improvements including a new roof installed in October 2026 and a new water heater. Step outside to enjoy the fully fenced backyard, covered porch, and private firepit area—perfect for relaxing, entertaining, or unwinding around the fire on a cool evening. With its open layout, inviting outdoor spaces, and recent improvements, this home is ready for its next owner to make it their own!

456 Lucille Dr, Lexington

Listing courtesy of Marcus D Hammond of Bluegrass Sotheby's International Realty.

$234,900

2 Beds ⋅ 3 Baths ⋅ 26029247 MLS

Welcome to 351 Furlong View Court! This beautifully updated, move-in-ready townhome offers 2 bedrooms, 2.5 bathrooms, and approximately 1,324 square feet of comfortable living space in Lexington's Masterson Station area. The main level features warm hardwood-style flooring, a fresh neutral color palette, and an inviting, open layout. The spacious living room is filled with natural light and features a ceiling fan and a tiled fireplace with a crisp white mantel. The updated kitchen offers granite countertops, a glossy subway tile backsplash, updated fixtures, matching black appliances, and a convenient breakfast bar overlooking the dining area. A refreshed half bath completes the main level. Step outside to your private rear patio overlooking a peaceful wooded tree line, offering a relaxing outdoor retreat with no immediate rear neighbors. Upstairs, you'll find two generously sized bedrooms with brand-new carpeting, each featuring its own refreshed en suite full bathroom. The conveniently located second-floor laundry room makes everyday living easier, and the washer and dryer convey with the property! Additional improvements include updated black hardware and lighting throughout, a digital thermostat, and a newer exterior A/C unit. Convenient parking is located just steps from the front door. Ideally located near shopping, dining, and exciting new development, including the nearby Publix grocery store, this low-maintenance townhome is perfect for first-time buyers, those looking to downsize, or investors seeking a move-in-ready rental property. With tasteful updates, a functional floor plan, and a private wooded backdrop, this one checks all the boxes. Schedule your private showing today! **Owner/Agent**

351 Furlong View Ct, Lexington

Listing courtesy of T. Scott Pennebaker of Rebuilt Brokerage, LLC.

$395,000

4 Beds ⋅ 3 Baths ⋅ 26029177 MLS

Step inside this beautiful, well-maintained home offering all the right spaces for comfortable living and entertaining! A versatile front room welcomes you and is perfect for a formal sitting area, home office, or playroom. Just around the corner, the impressive open floor plan is sure to wow! The bright, inviting kitchen features crisp finishes and a spacious walk-in pantry, while the generously sized great room offers plenty of space for those oversized, cozy sectionals. Upstairs, you'll find four spacious bedrooms and the convenience of a second-floor laundry room. Step outside to enjoy the fenced backyard and expanded patio, perfect for relaxing, grilling, or gathering with others. This home has so much to offer—don't miss your opportunity to make it yours! *Kitchen Refrigerator does not convey

928 Thomas Park, Lexington

Listing courtesy of Katie Feola of The Agency.

$380,000

5 Beds ⋅ 4 Baths ⋅ 26028934 MLS

Approximately 3,300 square feet of finished living space, 5 bedrooms, 3.5 baths, a finished walk-out basement, and a 2-car garage, this home provides plenty of room. Open Floor plan with lots of natural Light. The open kitchen offers room for a table or island, Lots of cabinets and a pantry. There is also a formal dining room and a bonus room on the main level. Upstairs, you'll find three generously sized bedrooms, including a huge primary suite with a private bath, garden tub, and large walk-in closet. The additional bedrooms also offer excellent space and storage. The finished walk-out basement features a full bathroom, kitchenette, and spacious family room—an ideal setup for guests, extended family, a mother-in-law suite, or a private recreation area. $120 Year HOA is mandatory but pool membership is optional. The HVAC upstairs is not working. We have an $8400 quote to replace it with a Trane unit. This cost may be added to the offer price. Sold As-Is. Inspections are welcome.

919 Winding Oak Trl, Lexington

Listing courtesy of Roger Browning of Four Seasons Realty.

$300,000

3 Beds ⋅ 2 Baths ⋅ 26028553 MLS

Fresh updates and inviting outdoor living make this 3-bedroom, 2-full-bath home in Lexington's Masterson Station area worth a closer look. New carpet and fresh paint give the interior a refreshed feel, while the comfortable layout offers a welcoming place to settle in. Enjoy the added appeal of a screened-in, covered back patio, creating an ideal spot to unwind, enjoy your morning coffee, or entertain guests while taking in the outdoors. The home also features a spacious living room with a fireplace, an eat-in kitchen with bar-top seating, and a primary bedroom with a walk-in closet and private en-suite bathroom. Conveniently located near area shopping, dining, and everyday amenities, this home combines fresh interior updates with practical features and a relaxing outdoor space. Schedule your private showing and come see what Green Valley has to offer.

2708 Green Valley Ct, Lexington

Listing courtesy of Nicholas Stark of Omega Real Estate Brokerage LLC.

$401,829

4 Beds ⋅ 3 Baths ⋅ 26027590 MLS

This home is currently at slab/foundation stage. The Sycamore Bend, part of the Trend Collection by Ball Homes, is a two story plan with four bedrooms, including a first floor guest bedroom. The plan offers a versatile flex room off the entry and an open kitchen and family room at the rear of the home. The study and half bath on the first floor are configured as an additional bedroom and full bath. The island kitchen offers both a breakfast area and countertop dining, and a pantry. Upstairs are the primary bedroom suite, two bedrooms, a loft and a hall bath. The loft can also be configured as an optional bedroom. The primary bedroom suite includes a bedroom with vaulted ceiling, huge closet, and spacious bath with tub/shower, window, and linen storage. An upgrade bath offers a garden tub, separate shower, and picture window. Job# 272UI

2945 Lupine Ln, Lexington

Listing courtesy of Ben M Smith-Gulley of Christies International Real Estate Bluegrass.

$323,900

3 Beds ⋅ 2 Baths ⋅ 26026416 MLS

This lovely ranch home is in a quiet cul-de-sac in Masterson Station, and it is even within walking distance to Sandersville Elementary School. It has a spacious open floor plan with 9 -ft ceilings, 3 bedrooms, and 2 baths, and the primary bedroom has a walk-in closet and an ensuite bath. The eat-in kitchen and new deck are perfect for family night. This home is ideal for young families starting out together.

2736 Mill Wood Cv, Lexington

Listing courtesy of Gary Jones of Rector Hayden Realtors.

$399,000

4 Beds ⋅ 3 Baths ⋅ 26026222 MLS

Beautifully maintained and thoughtfully updated, this two-owner Masterson Station home offers an inviting blend of space, comfort, and timeless style on a generous quarter-acre corner lot. With four bedrooms and three full baths, the versatile floor plan includes both formal living and dining rooms, along with a welcoming family room featuring a gas fireplace and custom built-ins. The light-filled kitchen is complemented by new stainless steel appliances and a charming breakfast area overlooking the backyard. A first-floor bedroom and full bath provide an ideal retreat for guests or multi-generational living, while a convenient mudroom entry from the garage creates the perfect everyday drop zone. Upstairs, the spacious primary suite features a private ensuite bath and access to unfinished attic space offering exceptional storage. Two additional bedrooms, a full bath, and conveniently located laundry complete the second floor. Outside, the beautifully landscaped, fully fenced and level backyard offers generous space for gardening, entertaining, play, or simply enjoying the outdoors, while a side-entry garage adds to the home's curb appeal. Fresh paint, new carpet, and numerous thoughtful updates enhance the move-in-ready appeal. Ideally situated just blocks from the Masterson Station pool and approximately one mile from Masterson Station Park, the home also offers convenient access to the growing collection of dining, shopping, and everyday amenities along Leestown Road. A wonderful combination of space, setting, and location in one of Lexington's most dynamic areas. Don't miss the opportunity to make this beautiful home yours! Call today!

312 Mission Hills Ct, Lexington

Listing courtesy of Karen Bishop Saltzman of National Real Estate.

$285,000

3 Beds ⋅ 2 Baths ⋅ 26013718 MLS

Move right into this beautifully maintained ranch home featuring an inviting open-concept layout that makes everyday living and entertaining a breeze. This home has been freshly painted throughout, including all walls, ceilings, trim, windows, and interior doors, giving the entire home a clean, refreshed feel. Offering 3 bedrooms and 2 full bathrooms, including a private primary suite with an attached bath, this home combines comfort and functionality. Luxury vinyl plank flooring flows throughout, creating a modern, low-maintenance living space. Step outside to enjoy the privacy-fenced backyard and rear patio, perfect for grilling, outdoor gatherings, or simply relaxing after a long day. Whether you're a first-time homebuyer, looking to downsize, or searching for the perfect place to call home, this property offers a great blend of convenience, style, and value. Don't let this opportunity pass you by!

217 Woodbrook Pl, Lexington

Listing courtesy of Steve Patterson of The Local Agents.

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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.

Masterson Station Homes under $500,000

Newest Masterson Station Homes under $500,000

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