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Cardinal Valley

Cardinal Valley

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40504
$230,737 Average Value
$194 Average Price per Sq Ft
6 Homes For Sale

Cardinal Valley offers suburban living near downtown

Cardinal Valley is an established Lexington neighborhood just off Versailles Road with easy access to downtown and comparatively lower prices than much of the area. The community has a suburban feel, with midcentury ranch-style homes and roomy yards, even though Downtown Lexington and the Distillery District are within 2 miles. Local spots like Valley Park and the Marksbury Family Branch Library give the neighborhood a close-knit feel, and you’re close to shopping and dining on Alexandria Drive.

Brick homes are common in Cardinal Valley.
Brick homes are common in Cardinal Valley.
Cardinal Valley is suburban neighborhood only 2 miles from Downtown Lexington.
Cardinal Valley is suburban neighborhood only 2 miles from Downtown Lexington.
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What types of homes you’ll find in Cardinal Valley

Most homes here are ranch-style, raised ranch and Cape Cod houses built in the 1950s and ‘60s. These typically have brick exteriors, though you’ll also see a few with stone exteriors. Some older bungalows and new construction Craftsman-inspired homes are also available. On average, lot sizes are usually around a quarter of an acre, so there’s room for a driveway and a spacious backyard. Townhouses are also common throughout the neighborhood.

You can find some raised ranch homes in Cardinal Valley.
You can find some raised ranch homes in Cardinal Valley.
Brick ranch-style homes are common in Cardinal Valley.
Brick ranch-style homes are common in Cardinal Valley.
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Prices are comparatively more affordable than nearby areas

If you’re looking to buy, the median home sale price in Cardinal Valley is in the mid-$200,000s, below Lexington’s overall median and that of nearby neighborhoods like West Lexington, Red Mile and Garden Springs. Home prices typically range from the upper $100,000s to the upper $300,000s. “Cardinal Valley is probably one of the most affordable places to live in Lexington,” says Austina Bruton, a Realtor with Re/Max Elite Realty who’s sold homes in the area for around five years. “There's a big rental population over there, so a lot of people will buy the houses, update them and then rent them out.”

The Lextran bus stops in the neighborhood.
The Lextran bus stops in the neighborhood.

Easy access to Downtown Lexington and major roads

Cardinal Valley’s location along Versailles Road makes it easy to drive the 2 miles into Downtown Lexington, a trip that can take less than 10 minutes, depending on traffic. Versailles Road also leads to New Circle Road, the primary highway around the city, and to Blue Grass Airport, around 3 miles away. The University of Kentucky and several hospitals are within 3 miles. The Lextran bus is a convenient alternative to driving, and there are multiple stops throughout Cardinal Valley.

Address-based school zoning with magnet school options

The highly rated Fayette County Public Schools district serves the area. Enrollment is primarily address-based, but families can also apply to the district’s magnet schools and specialty programs. Here’s what you need to know:

  • Most of the neighborhood is served by Cardinal Valley Elementary School, the highly rated Leestown Middle School and the highly rated Paul Laurence Dunbar High School.
  • The far eastern portion of the neighborhood is served by Harrison Elementary School, Lexington Middle School and the highly rated Lafayette High School.
  • All families can apply to district-wide magnet schools like the School for the Creative and Performing Arts at Bluegrass, called SCAPA for short, and Maxwell Spanish Immersion Elementary School.

Leestown Middle School serves families in the neighborhood.
Leestown Middle School serves families in the neighborhood.
Cardinal Valley Elementary School is within walking distance.
Cardinal Valley Elementary School is within walking distance.
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The Burl is a Distiller District mainstay with entertainment, drinks and food.
The Burl is a Distiller District mainstay with entertainment, drinks and food.

Nearby restaurants on Alexandria Drive and in the Distillery District

When you want to grab a bite to eat, you’re close to restaurants on Alexandria Drive and the Distillery District on Manchester Street. Some of these nearby eateries include:

  • Tortilleria y Taqueria Ramirez, a popular spot known for its tacos and freshly made tortillas
  • Clamatos, a Mexican seafood restaurant that’s served the area for around 20 years
  • Goodfellas Pizzeria, an industrial-chic pizza restaurant that serves craft cocktails
  • The Burl, an entertainment venue with an arcade, a brewery and a walk-up counter serving pub food
For groceries, La Princesa Supermarket #1, Super Mercado Aguascalientes and Kroger are nearby.

Valley Park and the library are local gathering spots

Valley Park is the community’s gathering place, and it’s usually busy with kids playing soccer or running around the playground. The park also hosts annual events like an Easter egg hunt, a fall festival and a back-to-school rally. Bruton says that the Marksbury Family Branch Library is also a big draw. “It's a state-of-the-art facility,” she says. “They have a makerspace, so they have a Cricut machine and a 3D printer. They also have a machine that will do etching on wood and laser printing. … It's a great place where you could just come and work on some projects.” Nearby, McConnell Springs Park has trails through the woods, and Red Mile Gaming & Racing hosts harness racing and other events.

Valley Park is a popular place to get outside near Cardinal Valley.
Valley Park is a popular place to get outside near Cardinal Valley.
McConnell Springs Park offers walking trails through nature.
McConnell Springs Park offers walking trails through nature.
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Annie Franklin
Written By
Annie Franklin
Ryan Minion
Photography Contributed By
Ryan Minion
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Michael Carey

Agents Specializing in this Area

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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

Parks in this Area

Transit

Airport

Blue Grass

12 min drive

Bus

Oxford & Versailles Outbound

Bus

Oxford & 1915 Outbound

Bus

Versailles & 1617 Outbound

Bus

Versailles & 1511 (Christian Towers)

Bus

Versailles & 1721 Outbound

Bus

Forbes & Versailles Inbound

Bus

Oxford & Versailles Inbound

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Cardinal Valley US
Homicide 7 4
Sexual Assault 8 4
Assault with Weapon 9 4
Robbery 8 4
Burglary 5 4
Motor Vehicle Theft 6 4
Larceny 7 4
Crime Score 8 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
878
Number of Homes for Sale
6
Median Year Built
1960
Months of Supply
2.40
Average Single Family Home Size Sq Ft
1,993
On par with the national average
1,933
Median Lot Size Sq Ft
10,890

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,350
Median Single Family Home Rent
$1,595
Median 4 Bedroom Single Family Home Rent
$1,700
Median Townhouse Rent
$1,350
Median 3 Bedroom Townhouse Rent
$1,350
Median Condo Rent
$800
Median 2 Bedroom Condo Rent
$850

Demographics

Total Population
2,969
Median Age
36
Population Density
9 ppl/acre
Population under 18
27%
On par with the national average
23.8%
Population over 65
15.4%
On par with the national average
19.1%

Finances

Median Household Income
$40,402
Significantly below the national average
$79,597
Average Household Income
$48,348

Education and Workforce

High School Graduates
88.1%
College Graduates
14.6%
Below the national average
34.1%
Advanced Degrees
2.1%
Below the national average
13.3%
% Population in Labor Force
67%

Weather

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

Area Factors

Fairly bikeable

Bikeability®

40 / 100

Moderately walkable

Walkability®

60 / 100

Limited public transit

Transit®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

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
Cardinal Valley