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Fairway Homes for Sale

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  • /26

    $467,500

    • 2 Beds
    • 2 Baths
    • 1,496 Sq Ft

    404 Henry Clay Blvd, Lexington, KY 40502

    This cape cod style stone beauty in the heart of Fairway subdivision is for sale. It has two bedrooms and two full baths. It blends timeless charm with modern updates. The kitchen has been opened up and has granite countertops and stainless appliances. A great sunroom is ideal for morning coffee or evening entertaining. It looks out to a lush, private backyard with mature landscaping and is

    Melinda Drake The Brokerage

    404 Henry Clay Blvd, Lexington, KY 40502
  • /23

    $639,000

    • 3 Beds
    • 1.5 Baths
    • 1,942 Sq Ft

    403 Holiday Rd, Lexington, KY 40502

    403 Holiday Road offers an outstanding location in Lexington's desirable Fairway neighborhood. This classic home/site is ready for your vision.The one-story brick residence includes 3 BR & 1.5 baths, with sunny views from the large windows. Adjoining living and dining rooms are ideal for entertaining, while original hardwoods and midcentury tile enhance its vintage charm. A partially-finished

    Zach Davis Kirkpatrick & Company

    403 Holiday Rd, Lexington, KY 40502
  • /8

    $285,000

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft

    1802 Carolyn Dr Unit 3, Lexington, KY 40502

    Updated condo in highly sought after 40502 area. The condo features hardwood floors, updated bathroom and kitchen, wonderful new light fixtures and tile work, storage area in the basement, and lots of parking in the private lot and on a quiet street. The patio area is in the process of being expanded.

    Hill Parker Turf Town Properties

    1802 Carolyn Dr Unit 3, Lexington, KY 40502
  • /23

    $299,000

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft

    1802 Carolyn Dr Unit 4, Lexington, KY 40502

    Updated condo in highly sought after 40502 area. The condo features hardwood floors, updated bathroom and kitchen, wonderful new light fixtures and tile work, storage area in the basement, and lots of parking in the private lot and on a quiet street. The patio area is in the process of being expanded. A similar unit is coming in March if you want to pick your own colors and cabinets.

    Hill Parker Turf Town Properties

    1802 Carolyn Dr Unit 4, Lexington, KY 40502

Why Live in Fairway

Fairway, a suburban enclave located about 3 miles southeast of downtown Lexington, is known for its refined atmosphere and stately, classically inspired homes. The neighborhood is bordered by the prestigious Idle Hour Country Club, which features an 18-hole golf course, tennis courts, a fitness center, and a swimming pool. Fairway's tree-lined streets, spacious lawns, and professionally landscaped gardens create a picturesque setting where residents often engage in outdoor activities and socializing. The neighborhood's homes, primarily built in the 1940s, include classical-revival styles with red brick construction and ornate doorways, as well as newer, larger builds replacing older structures. Students in Fairway attend highly rated schools such as Ashland Elementary and Henry Clay High, which boasts a Liberal Arts Academy and Lexington’s only Army JROTC program. Local attractions include the Henry Clay Estate in Ashland Park, Woodland Park with its tennis and basketball courts, and the Ginkgo Tree Café. Dining options nearby include Pasta Garage Italian Cafe and Kenwick Table, while grocery needs are met by Thriftway Food Mart and Kroger on Euclid Avenue. Fairway also hosts community events like the Woodland Art Fair and Jazz on the Lawn at the Henry Clay Estate. The neighborhood's central location provides easy access to downtown Lexington, Richmond Road, New Circle Road, and Interstates 64 and 75, with Blue Grass Airport just over 8 miles away.

Frequently Asked Questions

Is Fairway a good place to live?
Fairway is a good place to live. Fairway is considered car-dependent and somewhat bikeable with some transit options. Fairway is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Fairway has 11 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 44. The average household income is $121,836 which is above the national average. College graduates make up 70.5% of residents. A majority of residents in Fairway are home owners, with 21% of residents renting and 79% of residents owning their home. A local real estate agent serving Fairway can help you decide if this neighborhood is the right one for you. Learn more on our Fairway neighborhood guide.
Is Fairway, KY a safe neighborhood?
Fairway, KY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Fairway?
The median home price in Fairway is $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Fairway. The average household income in Fairway is $122K.
What are the best public schools in Fairway?
The best public schools that serve Fairway are:
What are the best private schools in Fairway?
The best private schools that serve Fairway are:
What are the most popular zip codes in Fairway, Lexington, KY?
The most popular zip codes in Fairway, Lexington, KY include 40502, 40505, 40508, 40507 and 40509.
What are the most popular neighborhoods near Fairway, Lexington, KY?
The most popular neighborhoods near Fairway, Lexington, KY are Kenwick, Shriners, Liberty Area, Idle Hour and Ashland Park.
Are home prices dropping in Fairway?
Yes, home prices in Fairway are down 37% in the last 12 months.

Home Trends in Fairway, KY

Housing Trends

Median Sale Price
$298,840
Median Single Family Sale Price
$359,990
Median Townhouse Sale Price
$322,000
Median 2 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$184
Number of Homes for Sale
5
Last 12 months Home Sales
44
Months of Supply
1.40
Median List Price
$325,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-38%
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