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Malabu Terrace Condominiums

Malabu Terrace Condominiums

Malabu Terrace Condominiums
Condominium Building
175 Malabu Dr
Lexington, KY 40503
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

108 Units
3 Stories
1969 Year Built
$89K - $169K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Outdoor 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.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Outdoor Pool
  • Community Pool

Amenities

  • Neighborhood Views
  • Public Transportation
  • Controlled Access

Parking

  • Off-Street Parking

Condo Association

  • Property has a Home Owners Association
  • Association fees include pool maintenance, insurance, common area maintenance, management, central heating/cooling, trash collection, snow removal
  • Malabu Terrace Subdivision

Unit Features

  • Balcony

Unit Information

Unit
77
Beds
1 Bed
Baths
1 Bath
Sq Ft
604
Price
$110,000
Price / Sq Ft
$182 / Sq Ft
List Date
05/05/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
595 - 1,009
Est. Values
$105,186 - $132,628
1 Bedroom Units
Sq Ft Range
595 - 939
Est. Values
$96,667 - $123,602
2 Bedroom Units
Sq Ft Range
911 - 1,009
Est. Values
$88,676 - $147,616
3 Bedroom Units
Sq Ft Range
1,287
Est. Values
$168,717
All Units
Sq Ft Range
595 - 1,287
Est. Values
$88,676 - $168,717

Map

Area Factors

Low Crime

Crime Score®

4 / 10

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.

Environmental Factors

Active

Sound Score®

76 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

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

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.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$60K - $125K
Range of Taxes in Building
$260 - $1,546
Range of Taxes per Sq Ft
$0.37 - $1.85

Property Tax History

Source: Public Records
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.