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Ashland Park

Ashland Park

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40502
$755,063 Average Value
$195 Average Price per Sq Ft
4 Homes For Sale

Lexington neighborhood blending natural and historic charm

Catalpa Road in Ashland Park becomes one of the most picturesque and photogenic spots in Lexington during the fall. The many gingko trees along the roadway begin to shed almost all at once when the season hits a certain temperature, a natural shift that leads to bright yellow leaves blanketing the streetscape. “It’s very magical,” says Meredith Walker, an agent with Bluegrass Sotheby’s International Realty, who’s made just under 10 sales in Ashland Park. Located just a couple miles east of downtown Lexington, the neighborhood forms the Ashland Park Historic District. The neighborhood gets its name from the farm estate of Kentucky statesman Henry Clay, the “Great Compromiser” whose achievements included helping negotiate the treaty that ended the War of 1812. The Clay family in the early 1900s hired famed landscape architects, the Olmsted Brothers, to draw up plans for a residential neighborhood. The brothers’ notable works included the U.S. Capitol and White House grounds, as well as the Chicago World’s Fair 1893. “I think, even more importantly, is the heirs of Henry Clay, to do it right, they wanted to have a neighborhood everyone would be very proud of,” says Zach Davis, president of Kirkpatrick & Co and an Ashland Park native. “All of the streets, even the intersections, have very gentle curves. Then, you have large trees lining each street, which make for an environment and surroundings that just put you at ease.” Typical scenes today include joggers meeting up near the Starbucks early in the morning for runs and neighbors socializing on their front porches. “The neighborhood is diverse with young couples just waiting for the older residents to decide they need to downsize,” says Becky Reinhold, managing broker at Bluegrass Sotheby’s International Realty, who’s sold nearly 20 homes in Ashland Park. “It’s a convenient location near downtown Lexington, the University of Kentucky, UK HealthCare, Chevy Chase shopping and local restaurants, which all just make Ashland Park that much more popular.”
The Peony Garden in the Ashland neighborhood is open for anyone who would like to stroll through and enjoy the grounds.
The Peony Garden in the Ashland neighborhood is open for anyone who would like to stroll through and enjoy the grounds.
The Ashland neighborhood is situated next to Downtown Lexington.
The Ashland neighborhood is situated next to Downtown Lexington.
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Many pre-World War II homes with range of styles

In addition to the many trees and abundant green space, a distinct feature that came from the Olmsteds is streets with no 90-degree or right-angled turns and intersections. In addition to the well-known gingkos, oaks, maples and sycamores help make up the natural canopy. These tree-shaded blocks can feature homes along narrow roads that are themselves separated by wide and lengthy lawns. This community had more than 500 contributing buildings — and consisted almost entirely of residential structures — when it was entered into the National Register of Historic Places in the 1980s. Many of the homes here, which were built prior to World War II, can feature traits like stone and brick siding and reflect a wide variety of styles. Craftsmen, colonial revivals and bungalows are common, but there are also a notable number of other builds with Cape Cod, Tudor, prairie, Spanish, French eclectic and Italianate touches. The single-story or smaller two-story builds like the Craftsmen, bungalows and Cape Cods can run between $400,000 and $600,000. The prairie home are a little higher and can run between $700,000 and $800,000. And the stately two-story properties with features like limited or full-height porches with columns can go well over $800,000 and reach up to $1.5 million. Ashland Park also has a number of quadlexes or condos, with price points ranging from around $200,000 for one-bedroom units to just over $300,000 for two-bedroom units.
Colonial Revival Estates are the gems found in the Ashland neighborhood.
Colonial Revival Estates are the gems found in the Ashland neighborhood.
You find an eclectic mix of architecture in the Ashland neighborhood.
You find an eclectic mix of architecture in the Ashland neighborhood.
Ashland Park has a variety of single-story and 1.5 story homes.
Ashland Park has a variety of single-story and 1.5 story homes.
Ashland Park features craftsman-style homes built in the early 1900's.
Ashland Park features craftsman-style homes built in the early 1900's.
Residents in Ashland Park looking for a larger footprint can find many four square homes.
Residents in Ashland Park looking for a larger footprint can find many four square homes.
Many homes in Ashland Park have been renovated with an updated craftsman/bungalow style.
Many homes in Ashland Park have been renovated with an updated craftsman/bungalow style.
Ashland Park has many colonial revival homes with brick exteriors.
Ashland Park has many colonial revival homes with brick exteriors.
Ashland Park is home to many early-1900's craftsman homes.
Ashland Park is home to many early-1900's craftsman homes.
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Breakfast at Josie’s, Cajun at Bourbon n’ Toulouse and dessert at Graeter’s

A cluster of shops and restaurants can be found in the area where Euclid Avenue, Fontaine Road and East High Street meet. Josie’s, with its horseshoe-shaped counter, is a community go-to for breakfast. Cajun cooking can be found at Bourbon n’ Toulouse, which usually flies in fresh seafood during Mardis Gras time. And Graeter’s Ice Cream serves up scoops of sweet desserts. While not exactly within the neighborhood bounds, the family-owned Wheeler Pharmacy is another popular spot that is reminiscent of classic neighborhood pharmacies. In addition to handling prescriptions, the establishment has a small restaurant with booths and high tables where patrons can enjoy burgers and sodas. Kroger, on Euclid just outside the neighborhood, offers an option for grocery shopping.
Diners in Ashland Park who love a good Cajun meal can stop into Bourbon n' Toulouse.
Diners in Ashland Park who love a good Cajun meal can stop into Bourbon n' Toulouse.
Breakfast lovers can dive into Eggs Benedict Florentine at Josie's Restaurant in Ashland Park.
Breakfast lovers can dive into Eggs Benedict Florentine at Josie's Restaurant in Ashland Park.
Area visitors can fix their sweet tooth cravings at Graeter's Ice Cream in Ashland Park.
Area visitors can fix their sweet tooth cravings at Graeter's Ice Cream in Ashland Park.
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Sports and annual art celebration at Woodland Park

The neighborhood sits between Woodland Park and the smaller Clay’s Spring Park. Woodland, one of the oldest parks in Lexington, offers amenities like tennis and basketball courts, a ball field, an aquatic center and a skate park. The park hosts the annual Woodland Art Fair, a free event often featuring well over 150 artists and artisans. Clay’s Spring Park is most notably home to the historic spring that was once part of the Henry Clay estate, a site that was restored and is now marked by a small stone monument.
In the Ashland neighborhood, skateboarders enjoy a large skate park at Woodland Park.
In the Ashland neighborhood, skateboarders enjoy a large skate park at Woodland Park.
Skateboarders enjoy a large skate park at Woodland Park.
Skateboarders enjoy a large skate park at Woodland Park.
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The Henry Clay Estate the historic home of one of Kentucky’s most notable United State’s Senators.
The Henry Clay Estate the historic home of one of Kentucky’s most notable United State’s Senators.

Neighborhood fun at Henry Clay’s

Each summer, Ashland: The Henry Clay Estate hosts the Lawn Party, a popular community event that also serves as a fundraiser for the national historic landmark. Then on Labor Day weekend, residents can return to the estate to relax or dance to live music at the Jazz on the Lawn.

Highly rated public schools with AP-focused program

Schools that serve Ashland Park include Cassidy Elementary School, Morton Middle School and Henry Clay High School, all of which received A grades from ratings site Niche. The high school students have the opportunity to enroll in the Liberal Arts Academy, which requires certain test scores. The rigorous curriculum requires participants to take a minimum 10 AP classes ranging across disciplines prior to graduation.
Morton Middle School in Chevy Chase enrolls around 750 students each year.
Morton Middle School in Chevy Chase enrolls around 750 students each year.
Henry Clay High School has a modern design.
Henry Clay High School has a modern design.
Cassidy Elementary serves students grades K-5 in Chevy Chase, Lexington KY.
Cassidy Elementary serves students grades K-5 in Chevy Chase, Lexington KY.
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Served by Lextran and close to UK HealthCare

Lextran buses serve Ashland Park. The neighborhood is located about a mile east of UK HealthCare system facilities, including the flagship Albert B. Chandler Hospital.
Yann Ranaivo
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Yann Ranaivo
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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Erica Sardar, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Blue Grass

19 min drive

Bus

Fontaine & 1204 Outbound

Bus

Fontaine & 1014 Outbound

Bus

Main & Ashland Outbound

Bus

Tates Creek & 107 Outbound

Bus

Fontaine & High Inbound

Bus

Richmond & Sycamore

Bus

Fontaine & 1370 Outbound

Ashland Park Demographics and Home Trends

Housing Trends

Median List Price
$485,000
Median Sale Price
$369,000
Median Single Family Sale Price
$349,500
Median Townhouse Sale Price
$390,000
Median 2 Bedroom Sale Price
$425,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
71
Median Home Sale Price YoY Change
-42%
Average Price Per Sq Ft
$195

Neighborhood Facts

Number of Homes in Neighborhood
669
Number of Homes for Sale
4
Median Year Built
1929
Months of Supply
0.70
Average Single Family Home Size Sq Ft
4,184
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,724
Average 2 Bedroom Size Sq Ft
1,061
Average 1 Bedroom Size Sq Ft
955
Median Lot Size Sq Ft
11,107

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Erica Sardar, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,749
Median Age
43
Population Density
8 ppl/acre
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
24.6%
Above the national average
19.1%

Finances

Median Household Income
$76,760
Above the national average
$71,702
Average Household Income
$115,305

Education and Workforce

High School Graduates
98.1%
College Graduates
78.7%
Significantly above the national average
34.1%
Advanced Degrees
40%
Significantly above the national average
13.3%
% Population in Labor Force
67.1%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''

Area Factors

Very Bikeable

Bike Score®

72 / 100

Somewhat Walkable

Walk Score®

67 / 100

Some Transit

Transit Score®

42 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Ashland Park