Why Live in Lakeview Estates
Lakeview Estates in Lexington is a neighborhood characterized by its mature oaks and pines, manicured gardens, and a variety of home styles, including brick Colonial Revivals, contemporary designs, large ranch-styles, and Cape Cods. Many properties feature private docks and lakefront views. The area is known for its outdoor attractions, with residents enjoying activities like kayaking, swimming, and boating on the reservoirs. Lakeview Park offers walking and biking trails, a playground, and picnic areas. The nearby Lexington Ice Center and Sports Complex provides indoor activities, including ice skating. For golfers, the private Idle Hour Country Club is just a couple of miles away. Dining options in the area include Miyako Sushi and Grill, Shamrock Bar & Grill, KPOT Korean BBQ & Hot Pot, Hola Havana Cuban Restaurant, and Mr. Kabab, along with chain restaurants like Sir Pizza of Kentucky. Shopping centers and a Kroger grocery store are conveniently located nearby. The neighborhood is about 4 miles from downtown Lexington, accessible via Richmond Road, and 14 miles from Blue Grass Airport. Schools in Lakeview Estates are highly rated, with students attending Cassidy Elementary School, Morton Middle School, and Henry Clay High School. The area has a low crime risk compared to the national average, making it a safer place to live. Public transportation is available through Lextran bus stops on the neighborhood’s outskirts, although most residents prefer driving.
Frequently Asked Questions
Is Lakeview Estates a good place to live?
Lakeview Estates is a good place to live. Lakeview Estates is considered very car-dependent and somewhat bikeable with minimal transit options. Lakeview Estates is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lakeview Estates has 11 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 38. The average household income is $100,681 which is above the national average. College graduates make up 50% of residents. A majority of residents in Lakeview Estates are renters, with 55.3% of residents renting and 44.7% of residents owning their home. A
local real estate agent serving Lakeview Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Lakeview Estates neighborhood guide.
Is Lakeview Estates, KY a safe neighborhood?
Lakeview Estates, 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 Lakeview Estates?
The median home price in Lakeview Estates is $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Lakeview Estates. The average household income in Lakeview Estates is $101K.
What are the best public schools in Lakeview Estates?
The best public schools that serve Lakeview Estates are:
What are the best private schools in Lakeview Estates?
The best private schools that serve Lakeview Estates are:
What are the most popular zip codes in Lakeview Estates, Lexington, KY?
What are the most popular neighborhoods near Lakeview Estates, Lexington, KY?
Are home prices dropping in Lakeview Estates?
Yes, home prices in Lakeview Estates are down 26% in the last 12 months.
Home Trends in Lakeview Estates, KY
On average, homes in Lakeview Estates, Lexington sell after 68 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeview Estates, Lexington over the last 12 months is $369,950, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$369,950
Median Single Family Sale Price
$399,900
Median Townhouse Sale Price
$471,222
Median 2 Bedroom Sale Price
$305,000
Median 1 Bedroom Sale Price
$1,270,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
2
Last 12 months Home Sales
100
Median List Price
$399,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
16%