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Open Gates Homes for Sale

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  • /33

    $400,000

    • 3 Beds
    • 2 Baths
    • 1,503 Sq Ft

    401 Coventry Ct, Lexington, KY 40503

    A rare find in this price range and quality of a home inside New Circle. The home sits on a quiet cul-de-sac with a large and private lot. Home is well sited on the lot to maximize back yard space. Home needs some cosmetic updates, but is well maintained and has lots of pluses, including granite, newer appliances, hardwood throughout, new roof, recently updated HVAC, and a lovely sunporch.

    Mike Inman Coldwell Banker McMahan

    401 Coventry Ct, Lexington, KY 40503
  • /36

    $310,000

    • 3 Beds
    • 1.5 Baths
    • 1,377 Sq Ft

    590 Ashley Way, Lexington, KY 40503

    Charming ranch in a peaceful, highly sought-after neighborhood! This beautifully maintained home blends comfort and style with Italian tile, maple cabinetry, tiled countertops, and a deep stainless sink in the kitchen perfect for everyday living and entertaining. The main bath features a stylish designer vanity, while all bedrooms are outfitted with custom closet organizers. Throughout the home,

    Ryan Wilkins Rector Hayden Realtors

    590 Ashley Way, Lexington, KY 40503
  • /5

    $995,000

    • 5 Beds
    • 4.5 Baths
    • 3,000 Sq Ft

    557 Pasadena Dr, Lexington, KY 40503

    *Proposed construction* Presenting this beautiful, modern French home in a wonderful location. Ideally situated to Southland, Harrodsburg Rd corridor, Nicholasville Rd. corridor, and downtown, finding quality new construction in this location is nearly impossible. This wonderful floorplan features an open kitchen, dining room, study, and 1/2 bath. Upstairs you will find three sizable bedrooms and

    Thomas Harper Tom Harper and Associates

    557 Pasadena Dr, Lexington, KY 40503
  • /50

    $435,000

    • 4 Beds
    • 4 Baths
    • 2,501 Sq Ft

    2912 Jason Ct, Lexington, KY 40503

    Conveniently located inside New Circle Road in the desirable Open Gates neighborhood, this charming home on a quiet cul-de-sac is ready for its next chapter. Inside, you'll find fresh new carpet, a bright sitting room, a cozy living room with wood beam accents, built-ins, and a wood-burning fireplace, plus a formal dining room, granite countertops, and a guest powder room. Upstairs offers four

    Amanda Marcum Berkshire Hathaway HomeServices Foster Realtors

    2912 Jason Ct, Lexington, KY 40503
  • /44

    $425,000

    • 3 Beds
    • 2.5 Baths
    • 1,930 Sq Ft

    452 Pasadena Dr, Lexington, KY 40503

    Presenting this wonderful family home in an ideal location that has been updated with a new kitchen, new baths, new flooring, new paint, new HVAC system, new light fixtures, and so much more. The kitchen has white shaker cabinets with stainless steel appliances that leads to a generous-sized living room with built-in cabinetry. Brand new roof, gutters, exterior paint, and windows. This home also

    Thomas Harper Tom Harper and Associates

    452 Pasadena Dr, Lexington, KY 40503
  • /30

    $278,900

    • 3 Beds
    • 2 Baths
    • 1,388 Sq Ft

    321 Chase Place, Lexington, KY 40503

    Welcome to 321 Chase Place, a well-maintained 3-bedroom, 2-bath home nestled on a quiet cul-de-sac in one of Lexington's most sought-after neighborhoods. This inviting Cape Cod offers a flexible floor plan with a spacious first-floor bedroom that can function as a primary suite with direct access to a full bath. Upstairs, you'll find two additional generously sized bedrooms and a second full

    Cole Guthrie Belmont Realty Group

    321 Chase Place, Lexington, KY 40503

Why Live in Open Gates

Open Gates, located on the southwest side of Lexington within the New Circle Road beltline, offers a blend of suburban tranquility and urban convenience. The neighborhood features mid-century ranch-style homes, split-levels, and townhomes, many showcasing new traditional and colonial architectural influences. Residents enjoy proximity to downtown Lexington, just 4 miles northeast, and the University of Kentucky, 3 miles away. The area is home to highly rated schools, including Clays Mill Elementary, Jessie Clark Middle, Lafayette High, and Lexington Catholic High. For dining, Southland Drive and Nicholasville Road offer a variety of options such as Winchell's, Southland Bagel, and Zundo Izakaya. Shopping is convenient with nearby Kroger, Trader Joe’s, Target, and Fayette Mall. Outdoor enthusiasts can visit Wellington Park and Shillito Park, which provide amenities like walking trails, a dog park, and sports facilities. Entertainment options include Malibu Jack’s, Champs Entertainment Complex, and the Tahlsound concert series. While Open Gates is safer than the national average, potential residents should be aware of peak hour traffic on major roads and possible noise near New Circle Road. Flood insurance may be necessary for homes near Stone Road and Big Run Road.

Frequently Asked Questions

Is Open Gates a good place to live?
Open Gates is a good place to live. Open Gates is considered car-dependent and somewhat bikeable with minimal transit options. Open Gates is a suburban neighborhood. Open Gates has 9 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 42. The average household income is $96,422 which is below the national average. College graduates make up 52.8% of residents. A majority of residents in Open Gates are home owners, with 21.2% of residents renting and 78.8% of residents owning their home. A local real estate agent serving Open Gates can help you decide if this neighborhood is the right one for you. Learn more on our Open Gates neighborhood guide.
How much do you need to make to afford a house in Open Gates?
The median home price in Open Gates is $489,240. If you put a 20% down payment of $97,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $109K a year to afford the median home price in Open Gates. The average household income in Open Gates is $96K.
What are the best public schools in Open Gates?
The best public schools that serve Open Gates are:
What are the best private schools in Open Gates?
The best private schools that serve Open Gates are:
What are the most popular zip codes in Open Gates, Lexington, KY?
The most popular zip codes in Open Gates, Lexington, KY include 40503, 40517, 40513, 40504 and 40514.
What are the most popular neighborhoods near Open Gates, Lexington, KY?
The most popular neighborhoods near Open Gates, Lexington, KY are Hill N Dale, Pasadena, Rosemill, Wellington and Deerfield.

Home Trends in Open Gates, KY

Housing Trends

Median Sale Price
$429,900
Median Single Family Sale Price
$429,900
Median Townhouse Sale Price
$764,999
Median 2 Bedroom Sale Price
$575,000
Median 1 Bedroom Sale Price
$355,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
7
Last 12 months Home Sales
23
Months of Supply
3.70
Median List Price
$489,240
Median Change From 1st List Price
3%
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