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Open Gates Homes for Sale

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  • /25

    $299,900

    • 4 Beds
    • 2 Baths
    • 2,054 Sq Ft

    2869 Ark Royal Way, Lexington, KY 40503

    Spacious and well-maintained split-foyer home located in a desirable, established neighborhood in Lexington. This property offers 4 bedrooms, 2 full bathrooms, and over 2,000 square feet of finished living space with a functional multi-level layout. The main level features a comfortable living area with ample natural light, while the lower level provides a second living space with a fireplace,

    Susy Esquivel Allied Realty

    2869 Ark Royal Way, Lexington, KY 40503
  • /14

    $975,000

    • 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

Why Live in Open Gates

Open Gates, located at the southwest edge of Lexington's core, offers a blend of suburban living and access to urban entertainment and retail amenities. The neighborhood features mid-century ranch-style homes, split-levels and townhouses, many showcasing New Traditional and Colonial Revival architectural influences. Residents are close 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 School, Jessie Clark Middle School and Lafayette High School. 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. Depending on where they live in Open Gates, residents may contend with traffic noise along the New Circle Road and a risk of flooding.

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 with a crime score of 4, on par with the average neighborhood in the U.S. 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.
Is Open Gates, KY a safe neighborhood?
Open Gates, 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 Open Gates?
The median home price in Open Gates is $366,000. If you put a 20% down payment of $73,200 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K 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, 40504, 40517, 40513 and 40356.
What are the most popular neighborhoods near Open Gates, Lexington, KY?
The most popular neighborhoods near Open Gates, Lexington, KY are Pasadena, Zandale, Lansdowne, Stoneybrook-Brigadoon and West Lexington.

Home Trends in Open Gates, KY

Housing Trends

Median Sale Price
$350,250
Median Single Family Sale Price
$355,000
Median Townhouse Sale Price
$292,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
2
Last 12 months Home Sales
22
Months of Supply
1.10
Median List Price
$366,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
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