Palomar Homes for Sale

/46
$775,000
- 5 Beds
- 3.5 Baths
- 4,390 Sq Ft
2229 Shannawood Dr, Lexington, KY 40513

This stunning home in the desirable Palomar neighborhood offers beautiful hardwood floors throughout the main level (as well as stairs and partially on the second floor), classic dentil molding, large kitchen island, tons of cabinetry, a gas range, walkout basement, enclosed sunroom off the family room, private yard and so much more! This home is the perfect blend of comfort, character and

Mary Ann Morris

Bluegrass Properties Group

(859) 517-5365

2229 Shannawood Dr, Lexington, KY 40513
Explore Palomar
/42
$690,000 New Construction
- 3 Beds
- 3.5 Baths
- 2,500 Sq Ft
4161 Cocos Way, Lexington, KY 40513

BUILDER INCENTIVE: builder will install continue wood floors into upstairs bedrooms (instead of carpet) + install white faux wood blinds if under contract by 12/15/25. Weeks from completion! Conveniently located near Palomar with walkable access to restaurants and coffee shops, this luxury townhome offers both convenience and sophisticated design. The main level boasts soaring (upgraded) 10-foot

Lauren Ball

Deborah Ball Realty

(859) 535-8960

4161 Cocos Way, Lexington, KY 40513
/43
$805,000 New Construction
- 4 Beds
- 4.5 Baths
- 2,940 Sq Ft
4159 Cocos Way, Lexington, KY 40513

Builder will continue wood flooring into the upstairs bedrooms (instead of carpet) and install white faux wood blinds if under contract by 12/10/25. Very end unit! Less than 30 days until completion. Conveniently located near Palomar with walkable access to restaurants and coffee shops, this luxury townhome offers both convenience and sophisticated design. The main level boasts soaring (upgraded)

Lauren Ball

Deborah Ball Realty

(859) 695-2262

4159 Cocos Way, Lexington, KY 40513
/31
$783,000 New Construction
- 3 Beds
- 3.5 Baths
- 2,650 Sq Ft
4163 Cocos Way, Lexington, KY 40513

BUILDER INCENTIVE: builder will continue wood flooring into the upstairs bedrooms (instead of carpet) + install white faux wood blinds if under contract by 12/15/25. Almost complete luxury townhome in 40513. Conveniently located near Palomar with walkable access to restaurants and coffee shops - offers both convenience and sophisticated design. The main level boasts soaring (upgraded) 10-foot

Lauren Ball

Deborah Ball Realty

(859) 328-2142

4163 Cocos Way, Lexington, KY 40513
/42
$439,900
- 3 Beds
- 2.5 Baths
- 2,320 Sq Ft
2265 Stone Garden Ln, Lexington, KY 40513

Discover the charm of this immaculate 3-bedroom, 2 and half bathroom townhome nestled in the sought-after Palomar Hills community of Lexington, KY. Spanning 2,320 square feet and built in 1989, this rare find features a convenient first-floor primary suite with a beautifully remodeled bathroom featuring a walk-in shower and custom vanity. The open layout is perfect for modern living, with a

Eric Smith RE/MAX Creative Realty

2265 Stone Garden Ln, Lexington, KY 40513
/40
$479,999
- 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
/30
$399,900
- 3 Beds
- 2.5 Baths
- 1,690 Sq Ft
2308 Stone Garden Ln, Lexington, KY 40513

Welcome to this 3-bedroom, 2.5-bath home located in the highly desirable Palomar neighborhood. This well-designed residence offers a first-floor primary suite and convenient first-floor laundry, perfect for easy everyday living. Step into the spacious two-story great room, featuring abundant natural light and a cozy fireplace — ideal for relaxing or entertaining. The open layout connects

Carla Brown The Brokerage

2308 Stone Garden Ln, Lexington, KY 40513
/53
$515,000
- 4 Beds
- 4 Baths
- 3,218 Sq Ft
2228 Mangrove Dr, Lexington, KY 40513

Beautifully Maintained One-Owner Home in Desirable Palomar Hills. Tucked away on the peaceful backside of Mangrove, this beautifully cared-for two-story home in sought-after Palomar Hills is ready to welcome its next chapter of owners. Thoughtfully maintained and completely carpet-free, this home offers timeless quality, comfort, and flow. Step inside to find an inviting formal living room that

Casey Weesner Weesner Properties, Inc.

2228 Mangrove Dr, Lexington, KY 40513
/35
$679,000 New Construction
- 3 Beds
- 3.5 Baths
- 2,500 Sq Ft
4167 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 3-bedroom townhomes

W Tyce McCullough Rector Hayden Realtors

4167 Cocos Way, Lexington, KY 40513
/34
$739,000 New Construction
- 3 Beds
- 3.5 Baths
- 2,650 Sq Ft
4165 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 3-bedroom townhomes

W Tyce McCullough Rector Hayden Realtors

4165 Cocos Way, Lexington, KY 40513
/30
$629,000 Open Sun 2PM - 4PM
- 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 along with sophisticated

W Tyce McCullough Rector Hayden Realtors

4181 Cocos Way, Lexington, KY 40513

Kentucky Fayette County Lexington Palomar

Why Live in Palomar

Palomar, located near Lexington's southwest corner, is a neighborly community where families and friends meet up at the local rec center and pool. The area boasts highly-rated schools, including Rosa Parks Elementary School, Beaumont Middle School and Paul Laurence Dunbar High School. The community clubhouse offers a venue for gatherings, swimming, sports and strolling on paths next to landscaped ponds. Traditional and ranch-style homes between 2,500 and 7,000 square feet in size, set on spacious quarter-acre lots, sell for $360,000 to $815,000. The neighborhood offers convenient access to shopping and dining at the Fountains of Palomar and Palomar Centre, which hosts the local Starbucks, Orangetheory Fitness and the Papi's at Palomar Mexican restaurant. 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 Fourth of July kids parade, and concerts in the park, fostering a close-knit community feel.

Learn more about living in Palomar

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 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.

Is Palomar, KY a safe neighborhood?

Palomar, KY is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.

How much do you need to make to afford a house in Palomar?

The median home price in Palomar is $517,000. If you put a 20% down payment of $103,400 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $2,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Palomar. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Palomar is $155K.

What are the best public schools in Palomar?

The best public schools that serve Palomar are:

Paul Laurence Dunbar High School has an A Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
Beaumont Middle School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 3.5.
Rosa Parks Elementary School has an A Niche grade and a student teacher ratio of 16:1.

What are the best private schools in Palomar?

The best private schools that serve Palomar are:

The Lexington School has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 5.0.
Christian Light Academy has a student teacher ratio of 5:1.

What are the most popular zip codes in Palomar, Lexington, KY?

The most popular zip codes in Palomar, Lexington, KY include 40513, 40514, 40503, 40356 and 40504.

What are the most popular neighborhoods near Palomar, Lexington, KY?

The most popular neighborhoods near Palomar, Lexington, KY are Southwest Lexington, Harrods Hill, Stonewall, Beaumont and Firebrook.

Are home prices dropping in Palomar?

Yes, home prices in Palomar are down 2% in the last 12 months.

Home Trends in Palomar, KY

On average, homes in Palomar, Lexington sell after 27 days on the market compared to the national average of 53 days. The median sale price for homes in Palomar, Lexington over the last 12 months is $480,000, down 13% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$480,000

Median Single Family Sale Price

$506,750

Median Townhouse Sale Price

$639,000

Average Price Per Sq Ft

$212

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.20

Median List Price

$517,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-13%

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Palomar Types of Homes for Sale

Palomar Townhouses for Sale

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