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Red Mile Homes for Sale

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    $240,000

    • 4 Beds
    • 2 Baths
    • 1,692 Sq Ft

    1697-1699 Hill View Place, Lexington, KY 40504

    Excellent rental income property. Rentals are occupied and leases in place.

    Agent Photo

    Clarissa R Barber

    Berkshire Hathaway de Movellan Properties

    (859) 517-4775

    1697-1699 Hill View Place, Lexington, KY 40504
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    $434,000

    • 5 Beds
    • 2 Baths
    • 2,726 Sq Ft

    1521 Pine Meadow Rd, Lexington, KY 40504

    Welcome to 1521 Pine Meadow Ct, a beautifully updated 5-bedroom, 2 bath home tucked away on .377 acre lot. You will love the new kitchen with stainless steel appliances, new bathrooms, new lighting and fresh paint. The spacious layout offers flexibility for living, working, and entertaining. Outside, you'll love the expansive yard--perfect for gardening, play, or simply enjoying the peaceful

    Kristol Yeager Bluegrass Sotheby's International Realty

    1521 Pine Meadow Rd, Lexington, KY 40504

Why Live in Red Mile

Red Mile in Lexington is a neighborhood known for its proximity to downtown and the University of Kentucky, making it a popular choice for students and long-term residents alike. The area features a mix of housing options, including apartment complexes with amenities like dog parks, swimming pools and fitness centers, as well as single-family homes and townhouses. Homebuyers will find ranch-style and split-level homes from the 1950s and ‘60s, while bungalows and Cape Cod styles are common near Red Mile Road and South Broadway. The neighborhood is anchored by Red Mile Gaming & Racing, a venue for harness racing and casino gaming. Outdoor spaces include the Gay Brewer Jr. Course at Picadome, Addison Park and Pine Meadows Park. There are plenty of restaurants along South Broadway, with popular spots like DV8 Kitchen, First Watch, KSBar and Jeff’s Donuts. The nearby Distillery District offers trendy distilleries, restaurants and venues like Manchester Music Hall. For groceries, residents have access to several international grocery stores and national retailers within 3 miles. The highly rated Fayette County Public Schools serve the area, with options like Picadome Elementary School, Jessie M. Clark Middle School and Lafayette High School. The neighborhood’s central location and variety of things to do make it an attractive place to live.

Frequently Asked Questions

Is Red Mile a good place to live?
Red Mile is a good place to live. Red Mile is considered somewhat walkable and bikeable with some transit options. Red Mile is a suburban neighborhood. Red Mile has 13 parks for recreational activities. It is somewhat dense in population with 7.8 people per acre and a median age of 29. The average household income is $35,818 which is below the national average. College graduates make up 37.4% of residents. A majority of residents in Red Mile are renters, with 84.9% of residents renting and 15.1% of residents owning their home. A local real estate agent serving Red Mile can help you decide if this neighborhood is the right one for you. Learn more on our Red Mile neighborhood guide.
Is Red Mile, KY a safe neighborhood?
Red Mile, KY is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Red Mile?
The median home price in Red Mile is $339,900. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $1,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Red Mile. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Red Mile is $36K.
What are the best public schools in Red Mile?
The best public schools that serve Red Mile are:
  • Scapa At Bluegrass has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.6.
  • Lafayette High School has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 4.0.
  • Beaumont Middle School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 3.5.
What are the best private schools in Red Mile?
The best private schools that serve Red Mile are:
What are the most popular zip codes in Red Mile, Lexington, KY?
The most popular zip codes in Red Mile, Lexington, KY include 40504, 40503, 40508, 40507 and 40511.
What are the most popular neighborhoods near Red Mile, Lexington, KY?
The most popular neighborhoods near Red Mile, Lexington, KY are Cardinal Valley, West Lexington, Picadome, Historic South Hill and Historic Western Suburb.

Home Trends in Red Mile, KY

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$342,500
Median Townhouse Sale Price
$155,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$339,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
12%
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