A rating for the building relative to other buildings of the same type throughout the country.Learn more
108Units
3Stories
1969Year Built
$99.3K - $166KValue Range
Available Units
For Sale
No Units Available
For Rent
No Units Available
Highlights
In Ground Pool
Glendover Elementary School Rated A-
Neighborhood Views
Balcony
Controlled Access
Public Transportation
Comfortable Living in a Convenient Location
Malabu Terrace Condominiums, a three-story building constructed in 1969, offers a welcoming community with 108 units. Located in the Zandale neighborhood of Lexington, this condominium provides a practical living option for those seeking proximity to the University of Kentucky and the city's commercial district. The building's straightforward design focuses on functionality and comfort, making it a suitable choice for a variety of residents.
Diverse Layouts with Modern Touches
Malabu Terrace offers a range of unit sizes, from cozy studios to spacious three-bedroom layouts. Studio units range from 595 to 701 square feet, featuring one bathroom and efficient use of space. One-bedroom units, also between 595 and 701 square feet, are priced around $120,000. Two-bedroom units, spanning 911 to 1,009 square feet, offer ample living space. The largest three-bedroom units, approximately 1,300 square feet, include two bathrooms. Some units feature updated kitchens with marble countertops and stainless steel appliances, while others offer modern conveniences like recessed lighting and motorized window blinds. Each unit is designed to maximize comfort and functionality, with options for in-unit laundry and generous closet space.
Essential Amenities for Everyday Living
Residents of Malabu Terrace enjoy a variety of shared amenities that enhance daily life. The building features a refreshing pool and a gazebo set within a common green space, perfect for relaxation and social gatherings. Controlled access ensures security, while on-site coin-operated laundry facilities provide convenience. Each unit benefits from air conditioning, heating, and a fully equipped kitchen with modern appliances. The building's courtyard and balconies offer additional outdoor space, and ample parking is available for residents. These amenities cater to a comfortable and practical lifestyle.
Vibrant Community with Easy Access to Essentials
Located in the Zandale neighborhood, Malabu Terrace is surrounded by a mix of residential and commercial offerings. The area is known for its mature trees and walkable streets, providing a pleasant environment for residents. Nearby, the Fayette Mall offers extensive shopping options, while Trader Joe's and other grocery stores are conveniently close. Dining options abound, with local favorites like El Rancho Tapatio and Old San Juan within walking distance. The neighborhood is also home to several parks, including the Arboretum, offering green spaces for recreation and relaxation. With its proximity to the University of Kentucky and various cultural venues, Zandale provides a dynamic and accessible living experience.
Accessible Transit Options for Easy Commuting
Malabu Terrace benefits from its strategic location within Lexington's New Circle Road, providing easy access to the city's main thoroughfares. Public transportation is readily available, with a bus stop at Nicholasville & Larkin just a short walk away, offering routes to the University of Kentucky and downtown. For those traveling further afield, Blue Grass Airport is approximately 20 minutes by car. The neighborhood's walkable nature and bike-friendly streets make it convenient for residents to navigate the area without relying solely on a car.
Was this overview helpful?
Building Details
Recreation
In Ground Pool
Community Pool
Amenities
Neighborhood Views
Public Transportation
Controlled Access
Parking
Off-Street Parking
Condo Association
$322 Monthly HOA Fees
Monthly HOA Fees Range from $280 - $396
Association fees include central cooling, central heating, snow removal, trash
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Bikeable
Bike Score®
66/ 100
Very Walkable
Walk Score®
76/ 100
Some Transit
Transit Score®
31/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Zandale Park
14 min walk
Pensacola Park
3 min drive
Hill N Dale Park
4 min drive
Kirklevington Park
4 min drive
Southland Park
4 min drive
Wellington Park
4 min drive
Shillito Park
5 min drive
Meadowbrook Golf Course and Park
5 min drive
Lansdowne-Merrick Park
6 min drive
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
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
