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Meadowthorpe Home for Sale

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    $225,000

    • 3 Beds
    • 1 Bath
    • 973 Sq Ft

    284 Taylor Dr, Lexington, KY 40511

    A move-in ready RANCH in Meadowthorpe! This freshly painted home is perfect for a first time home buyer, investor or down-sizers looking for one level living in a convenient location right inside New Circle Road. It features a huge, fenced backyard for all your gardening and recreational needs. The original hardwood floors are carried throughout each of the 3 bedrooms. Updated bathroom shower

    Lauren Haggard The Brokerage

    284 Taylor Dr, Lexington, KY 40511

Why Live in Meadowthorpe

Meadowthorpe in north Lexington is known for its walkability and established feel. Developed in the late 1940s and early 1950s, it features mostly brick Cape Cod homes with first-floor bedrooms, formal dining rooms and bonus sunrooms, along with some ranch-style houses. Many properties have updated kitchens and bathrooms, detached two-car garages and fully fenced backyards, set along tree-lined streets with mature landscaping. Apartment complexes near Leestown Road add rental options alongside single-family homes for rent. Meadowthorpe Elementary School, Leestown Middle School and Paul Laurence Dunbar High School are all highly rated, which is a draw for families. Commuters use New Circle Road and Leestown Road for quick access around Lexington, with downtown only 2 miles away, and Blue Grass Airport about 5 miles away. Nearby parks and attractions give residents plenty of things to do, from Meadowthorpe Park’s playground and tennis courts to indoor play at Pickleball Kingdom Lexington Commons and Battle Axes. The neighborhood association hosts monthly meetings, volunteer events and a June yard sale, while downtown entertainment at Rupp Arena, Central Bank Thursday Night Live and Distillery District music venues is a short trip away. Along Leestown Road, antique shops, cafes, restaurants and everyday stores like Kroger cover daily needs.

Meadowthorpe Home Prices vs. Nearby Lexington, KY Neighborhoods

Meadowthorpe Mentelle Picadome Pensacola Park
Median Home Price
$442,500
$467,000
$310,000
$379,000
Median Sale Price
$440,000
+50% YoY
$392,500
-18% YoY
$316,000
+13% YoY
$357,500
+1% YoY
Median Single Family Price
$440,000
$367,450
$345,250
$357,500
Median Townhouse Price
--
$499,950
$255,225
$475,000
Total Active Listings
1 listings
2 listings
4 listings
5 listings
Market Conditions
1 Month of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market

Frequently Asked Questions

Is Meadowthorpe a good place to live?
Meadowthorpe is a good place to live. Meadowthorpe is considered somewhat walkable and somewhat bikeable with some transit options. Meadowthorpe is a suburban neighborhood. Meadowthorpe has 10 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 42. The average household income is $77,660 which is below the national average. College graduates make up 46.9% of residents. A majority of residents in Meadowthorpe are renters, with 52% of residents renting and 48% of residents owning their home. A local real estate agent serving Meadowthorpe can help you decide if this neighborhood is the right one for you. Learn more on our Meadowthorpe neighborhood guide.
Is Meadowthorpe, KY a safe neighborhood?
Meadowthorpe, KY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Meadowthorpe?
The median home price in Meadowthorpe is $442,500. If you put a 20% down payment of $88,500 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $2,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $97K a year to afford the median home price in Meadowthorpe. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Meadowthorpe is $78K.
What are the best public schools in Meadowthorpe?
The best public schools that serve Meadowthorpe are:
What are the best private schools in Meadowthorpe?
The best private schools that serve Meadowthorpe are:
What are the most popular zip codes in Meadowthorpe, Lexington, KY?
The most popular zip codes in Meadowthorpe, Lexington, KY include 40511, 40508, 40504, 40507 and 40505.
What are the most popular neighborhoods near Meadowthorpe, Lexington, KY?
The most popular neighborhoods near Meadowthorpe, Lexington, KY are Georgetown, West Lexington, Cardinal Valley, Sandersville and Northside.
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