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Palomar Homes for Sale

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  • /78

    $895,000

    • 4 Beds
    • 3 Baths
    • 4,665 Sq Ft

    4128 Amberwood Ct, Lexington, KY 40513

    RARE FIND in Palomar Hills Fully Updated Ranch with Finished Walkout Basement! Homes like this don't come around often in Palomar Hills especially not fully updated ranches with walkout basements and designer-level finishes throughout. Tucked away at the end of a quiet cul-de-sac, this stunner combines timeless architecture with all the features today's buyers are looking for. Step through the

    Casey Weesner Weesner Properties, Inc.

    4128 Amberwood Ct, Lexington, KY 40513
  • /41

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,776 Sq Ft

    3904 Lyon Dr, Lexington, KY 40513

    Located in the highly desirable Palomar neighborhood this open concept three-bedroom ranch sits adjacent to the Palomar Hills clubhouse, where optional recreational amenities include three pools, a clubhouse, basketball, pickleball, tennis, & volleyball. Step inside and you will be greeted with soaring ceilings and multiple living areas that seamlessly flow and create the ideal space for family

    Kim Morris Berkshire Hathaway de Movellan Properties

    3904 Lyon Dr, Lexington, KY 40513
  • /44

    $520,000 Open Sat 12PM - 2PM

    • 4 Beds
    • 3.5 Baths
    • 2,800 Sq Ft

    4301 Gum Tree Ln, Lexington, KY 40513

    This stunning 4-bedroom, 3.5-bath Colonial offers timeless charm with modern updates, including a brand-new roof for peace of mind. Nestled in one of Lexington's most desirable and up-and-coming areas, this home combines classic architecture with an unbeatable location.Inside, you'll find spacious living areas, a functional layout perfect for entertaining, and room for both relaxation and

    Phillip Neeley-Morrison Bluegrass Home Group

    4301 Gum Tree Ln, Lexington, KY 40513
  • /37

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,271 Sq Ft

    2037 Glade Ln, Lexington, KY 40513

    Location! Location! Location! Original One Owner Home in Palomar offers 3 Bedrooms and 2 Full Baths, Living room with vaulted ceilings and a newer vent less gas fire place with remote. It has a nice private patio out back and new dimensional shingles put on last year. The HOA fee covers access to the Palomar pool, clubhouse, as well as tennis and basketball courts.

    Abe Karam RE/MAX Elite Lexington

    2037 Glade Ln, Lexington, KY 40513
  • /46

    $799,000

    • 5 Beds
    • 3.5 Baths
    • 4,390 Sq Ft

    2229 Shannawood Dr, Lexington, KY 40513

    Come see this stunning home in the desirable Palomar neighborhood! Offering beautiful hardwood floors, classic dentil molding, large kitchen island, tons of cabinetry, a gas range, walk out basement, private yard and so much more! This home is the perfect blend of comfort, character and functionality. The 2nd floor primary suite includes an attached flex space—perfect for a nursery, office, or

    Marry Ann Morris Bluegrass Properties Group

    2229 Shannawood Dr, Lexington, KY 40513
  • /34

    $499,998

    • 4 Beds
    • 2.5 Baths
    • 2,974 Sq Ft

    2248 Valencia Dr, Lexington, KY 40513

    Welcome to this beautifully updated home located in the exclusive Palomar neighborhood—one of South Lexington's most desirable communities! With 4 spacious bedrooms and nearly 3,000 sq ft of living space, this home offers a fantastic floorplan that includes a finished full basement—perfect for entertaining, a home office, or additional living quarters. Recent updates provide peace of mind and

    Jaryd Brady Southern Charm Realty

    2248 Valencia Dr, Lexington, KY 40513
  • /37

    $669,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,500 Sq Ft

    4171 Cocos Way, Lexington, KY 40513

    Welcome to The Brownstones at Ethington Heights!Here's your chance to enjoy maintenance-free luxury living at its finest! Situated on the very desirable southwest side of town next to Palomar Hills just a few minutes from the Airport, Keeneland and some of the best Golf Courses around. This upscale development has a modern design along with sophisticated finishings. These

    W Tyce McCullough Rector Hayden Realtors

    4171 Cocos Way, Lexington, KY 40513
  • /36

    $739,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,650 Sq Ft

    4173 Cocos Way, Lexington, KY 40513

    Welcome to The Brownstones at Ethington Heights!Here's your chance to enjoy maintenance-free luxury living at its finest! Situated on the very desirable southwest side of town next to Palomar Hills just a few minutes from the Airport, Keeneland and some of the best Golf Courses around. This 20-unit development has a modern design along with sophisticated finishings. These

    W Tyce McCullough Rector Hayden Realtors

    4173 Cocos Way, Lexington, KY 40513
  • /30

    $629,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,294 Sq Ft

    4181 Cocos Way, Lexington, KY 40513

    *** Last Unit available until 2026 *** Welcome to The Brownstones at Ethington Heights!Here's your chance to enjoy maintenance-free luxury living at its finest! Situated on the very desirable southwest side of town next to Palomar Hills just a few minutes from the Airport, Keeneland and some of the best Golf Courses around. This upscale development has a modern design

    W Tyce McCullough Rector Hayden Realtors

    4181 Cocos Way, Lexington, KY 40513

Why Live in Palomar

Palomar in Lexington, Kentucky, is a neighborhood known for its strong sense of community and family-friendly atmosphere. The area boasts highly-rated schools, including Rosa Parks Elementary, Beaumont Middle School, and Paul Laurence Dunbar High, which are well-regarded by residents. Palomar features a community clubhouse with rentable gathering spaces, three pools, athletic courts, and paved walking trails around landscaped ponds. Homes in Palomar range from traditional to ranch-style, with sizes between 2,500 and 7,000 square feet, set on spacious quarter-acre lots with well-maintained properties. The neighborhood offers convenient access to shopping and dining at the Fountains of Palomar and Palomar Centre, featuring options like Starbucks, Orangetheory Fitness, and Papi's at Palomar. Fayette Mall, the largest mall in Kentucky, is also just 10 minutes away. For outdoor activities, residents can visit Keene Trace Golf Club, Higbee Mill Park, and Wellington Park, which includes a dog park, walking trails, and a sensory garden. Palomar is conveniently located near major Lexington destinations such as the Keeneland Race Track and Blue Grass Airport, both within 3 miles. Public transportation and highways provide easy access to downtown Lexington, just 6 miles away. The neighborhood hosts various events throughout the year, including an Easter Egg Hunt, a 4th of July kids parade, and concerts in the park, fostering a close-knit community feel.

Frequently Asked Questions

Is Palomar a good place to live?
Palomar is a good place to live. Palomar is considered car-dependent and somewhat bikeable with minimal transit options. Palomar is a suburban neighborhood. Palomar has 8 parks for recreational activities. It is somewhat dense in population with 6.3 people per acre and a median age of 47. The average household income is $154,932 which is above the national average. College graduates make up 65.2% of residents. A majority of residents in Palomar are home owners, with 3.4% of residents renting and 96.6% of residents owning their home. A local real estate agent serving Palomar can help you decide if this neighborhood is the right one for you. Learn more on our Palomar neighborhood guide.
How much do you need to make to afford a house in Palomar?
The median home price in Palomar is $532,400. If you put a 20% down payment of $106,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $113K a year to afford the median home price in Palomar. The average household income in Palomar is $155K.
What are the best public schools in Palomar?
The best public schools that serve Palomar are:
What are the best private schools in Palomar?
The best private schools that serve Palomar are:
What are the most popular zip codes in Palomar, Lexington, KY?
The most popular zip codes in Palomar, Lexington, KY include 40514, 40513, 40503, 40356 and 40504.
What are the most popular neighborhoods near Palomar, Lexington, KY?
The most popular neighborhoods near Palomar, Lexington, KY are Palomar, Southwest Lexington, Stonewall, Firebrook and Harrods Hill.
Are home prices dropping in Palomar?
Yes, home prices in Palomar are down 4% in the last 12 months.

Home Trends in Palomar, KY

Housing Trends

Median Sale Price
$495,000
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$537,000
Average Price Per Sq Ft
$208
Number of Homes for Sale
8
Last 12 months Home Sales
38
Months of Supply
2.50
Median List Price
$532,400
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-12%
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