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Palomar Homes for Sale

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  • /50

    $789,900

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

    4163 Cocos Way, Lexington, KY 40513

    New construction luxury townhome weeks from completion. Experience upscale, low-maintenance living in the heart of 40513. This beautifully designed luxury townhome offers the perfect blend of sophistication, convenience, and lock-and-leave ease just moments from Palomar Centre, dining, shopping, and everyday conveniences. Thoughtfully crafted with high-end finishes and elegant design details

    Agent Photo

    Lauren Ball

    Deborah Ball Realty

    (859) 719-2781

    4163 Cocos Way, Lexington, KY 40513
  • /52

    $705,000

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

    4161 Cocos Way, Lexington, KY 40513

    Experience upscale, low-maintenance living in the heart of 40513. This beautifully designed luxury townhome offers the perfect blend of sophistication, convenience, and lock-and-leave ease just moments from Palomar Centre, dining, shopping, and everyday conveniences. Thoughtfully crafted with high-end finishes and elegant design details throughout, this home is ideal for those seeking a refined

    Agent Photo

    Lauren Ball

    Deborah Ball Realty

    (859) 545-8438

    4161 Cocos Way, Lexington, KY 40513
  • /85

    $1,199,000

    • 4 Beds
    • 3.5 Baths
    • 2,828 Sq Ft

    4287 Captains Ct, Lexington, KY 40513

    This stunning custom-built home offers exceptional craftsmanship, thoughtful design, and high-end finishes throughout. Custom home quality with the convenience of 40513 living, this 4-bedroom, 3.5-bath residence blends refined living with modern efficiency. Recognized for its outstanding design and craftsmanship, the home was awarded 1st Place in the 2022 Grand Tour of Homes for homes priced

    Casey Weesner Weesner Properties, Inc.

    4287 Captains Ct, Lexington, KY 40513
  • /57

    $979,000

    $45K PRICE DROP
    • 5 Beds
    • 6 Baths
    • 3,782 Sq Ft

    4246 Captains Ct, Lexington, KY 40513

    Step into modern luxury in this stunning, newer-construction 3-story gem, perfectly positioned in one of Lexington's most sought-after zip codes. Just minutes from top-rated Dunbar and Rosa Parks schools, the brand-new Publix, trendy restaurants, and convenient shopping—everything you love is right at your doorstep! This beautifully appointed home boasts 5 spacious bedrooms (with flexible options

    Sarah Espinosa RE/MAX Creative Realty

    4246 Captains Ct, Lexington, KY 40513
  • /40

    $470,000

    Open Sat 12PM - 2PM $10K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,974 Sq Ft

    2248 Valencia Dr, Lexington, KY 40513

    Located in the highly sought-after Palomar neighborhood of South Lexington, this updated 4-bedroom home offers nearly 3,000 square feet of well-designed living space, including a fully finished basement ideal for entertaining, a home office, or additional living space. Major improvements provide immediate peace of mind, with a brand-new roof, newer HVAC systems, new flooring, and fresh interior

    Jaryd Brady Southern Charm Realty

    2248 Valencia Dr, Lexington, KY 40513
  • /34

    $749,000

    New Construction $10K PRICE INCREASE
    • 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

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.

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 7.0 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% of residents renting and 97% 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 $579,000. If you put a 20% down payment of $115,800 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $2,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $125K 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:
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, Wellington and West Nicholasville.
Are home prices dropping in Palomar?
Yes, home prices in Palomar are down 3% in the last 12 months.

Palomar Home Prices vs. Nearby Lexington, KY Neighborhoods

Palomar Harrods Hill Andover Forest Shetland
Median Home Price
$579,000
$452,500
$475,000
$470,000
Median Sale Price
$525,000
-4% YoY
$463,750
$463,500
+4% YoY
$435,000
+10% YoY
Median Single Family Price
$512,500
$520,000
$484,000
$467,950
Median Townhouse Price
$665,910
$290,750
$355,000
$434,950
Total Active Listings
6
2
21
66
Market Conditions
2 Months
Seller's Market
1 Months
Seller's Market
2 Months
Seller's Market
8 Months
Buyer's Market
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