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Open Gates Homes for Sale

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  • /31

    $425,000

    $25K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,744 Sq Ft

    520 Andrea Dr, Lexington, KY 40503

    This brick american traditonal ranch with full walkout basement, your piece of the block, great area centrally located on a street amist prestigious older homes and community, 4 bedrooms, 3 full baths, hardwood floors, fireplace, dining, living, family room, kitchen, large laundry room, two car garage, lot is .78 of an acre, lined with trees, great place with small amount of updating this is your

    Mila Ensor Ensor Real Estate, LLC

    520 Andrea Dr, Lexington, KY 40503
  • /3

    $249,000

    • Land
    • 13,808 Sq Ft
    • $785,489 per Acre

    557 Pasadena Dr, Lexington, KY 40503

    Excellent building lot in the Heart of South Lexington. Perfect for a basement lot, this is the final lot in a row of beautiful homes. Convenient to UK, Southland, Clays Mill Rd, Beaumont, Palomar, and so much more. This is also a deep lot with several mature trees around the perimeter, but is cleared and ready for building. Lots like this rarely come along so come see today.

    Thomas Harper Tom Harper and Associates

    557 Pasadena Dr, Lexington, KY 40503
  • /14

    $899,000

    $96K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,535 Sq Ft

    557 Pasadena Dr, Lexington, KY 40503

    To be built. *Proposed Construction* Discover a rare opportunity to build a luxury modern French home in the heart of Lexington—an area where new construction of this caliber is nearly impossible to find. Ideally situated near Southland Drive, the Harrodsburg Road corridor, Nicholasville Road corridor, and downtown, this proposed custom build offers timeless European charm with steep rooflines,

    Thomas Harper Tom Harper and Associates

    557 Pasadena Dr, Lexington, KY 40503
  • /18

    $335,000

    • 4 Beds
    • 2 Baths
    • 2,190 Sq Ft

    481 Severn Way, Lexington, KY 40503

    For the first time since it was built in 1974, this one-owner Open Gates home is ready for its next chapter! Located in one of Lexington's most convenient established neighborhoods, you'll have quick access to Nicholasville Road, Harrodsburg Road, downtown Lexington and the University of Kentucky. The split-foyer design provides comfortable living space across both levels. Upstairs, the living

    Nicholas Ratliff Real Broker, LLC - Lexington

    481 Severn Way, Lexington, KY 40503

Why Live in Open Gates

Open Gates in south Lexington is a peaceful neighborhood known for its midcentury architecture, mature trees and spacious yards, offering a suburban feel amidst a bustling area. The community mostly has brick ranch-style homes from the 1950s to the 1980s, with many updated to include modern kitchens and renovated bathrooms. Split-level houses and Colonial Revivals are also present. The neighborhood is served by highly rated schools, including Clays Mill Elementary School, Jessie M. Clark Middle School and Lafayette High School, with private options like Lexington Catholic High School and Lexington Christian Academy nearby. Open Gates is conveniently located near key roads such as New Circle Road, Clays Mill Road and Nicholasville Road, providing easy access to Downtown Lexington, 4 miles away, and the University of Kentucky, 3 miles away. For shopping and dining, residents can visit Southland Drive and Nicholasville Road, featuring local favorites like Ramsey's Diner and Winchell's Restaurant and Bar, as well as national retailers at Fayette Mall, just 2 miles away. For outdoor recreation, residents can enjoy Wellington Park's trails and dog park or Shillito Park's extensive facilities.

Open Gates, Lexington, KY Home Prices vs. Nearby Neighborhoods

Open Gates Southwest Lexington Pasadena Hill N Dale
Median Home Price
$362,450
$370,000
$340,000
$332,450
Median Sale Price
$345,500
0% YoY
$364,500
+4% YoY
$326,500
0% YoY
$310,000
-5% YoY
Median Single Family Price
$352,200
$379,000
$329,999
$310,000
Median Townhouse Price
$300,000
$281,500
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$489,900
Total Active Listings
3 listings
25 listings
4 listings
2 listings
Market Conditions
1 Month of Supply
Seller's Market
2 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Open Gates a good place to live?
Open Gates is a good place to live. Open Gates is considered somewhat walkable and 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 5.0 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% of residents renting and 79% 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 $362,450. If you put a 20% down payment of $72,500 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $80K a year to afford the median home price in Open Gates. Learn how much home you can afford with our Home Affordability Calculator. 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, 40502, 40504 and 40513.
What are the most popular neighborhoods near Open Gates, Lexington, KY?
The most popular neighborhoods near Open Gates, Lexington, KY are Stonewall, Deerfield, Wellington, Lansdowne and Zandale.
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