Chevy Chase
Suburban Neighborhood in Lexington, Kentucky
Fayette County 40502
Early 20th-century homes with unique Kentucky architecture
Looking at the early 20th-century Cape Cod, ranch-style and colonial revival homes that sit along Chevy Chase's narrow streets and beautifully landscaped lawns, it isn't hard to see the appeal of this Lexington neighborhood. “People love the area because of the charm these homes express. They are a far cry from the typical homes we see today. The overall vibe is historic, high-end and desirable,” says Jeremy Perryman, Realtor with United Real Estate. Beneath the gently swaying canopies of leafy oak and maple trees, homes in Chevy Chase all have their own character and styles, from stylistically slanted eves and exposed timber to stone facades or dormer windows peeking out from second stories. Folks can often be seen greeting neighbors from front porches, relaxing in spacious backyards, or ambling beneath the neighborhood's hundred-year-old trees. With such unique architecture and an air of peace and quiet that can be felt throughout the neighborhood, "Property values in Chevy Chase appreciate more consistently than almost any other zip code in Lexington," says Rick Pannell, a local resident and Broker who sells homes with his wife and partner Realtor, Whitney Pannell. The average sales price of the neighborhood is about $640,000 dollars, which is almost twice the average for the Lexington metro. From about $450,000 to $750,000 dollars, homebuyers can find ramblers, cottages and colonial revivals offering three to four bedrooms, while larger designs with over 3,500 square feet of space tend to sell from about $900,000 to $1.2 million dollars.
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Heading outdoors around Chevy Chase
Chevy Chase is only a few minutes from Woodland Park, which is one of the oldest parks in Lexington. For active residents, Woodland Park is a go-to destination. Folks from across the area come to play tennis with friends or make fun memories while playing with their kids at the playground. In addition to sports facilities like a baseball diamond and plenty of green space where dogs can often be seen running around or playing fetch, Woodland is also home to a skate park where visitors can practice dropping down the bowl, grinding on ledges, doing tricks or just taking it slow and practicing their balance. Another main feature of the park is the aquatic center, where people can enjoy lap swimming for exercise, jumping off diving boards or exploring the child-friendly play pool, which includes climbing structures, fountains and lots of spraying water. Just west of Chevy Chase, the State Botanical Garden of Kentucky's arboretum is another popular spot for getting outdoors. Walking along the peaceful trails of this quiet retreat, visitors can appreciate the subtle beauty of nature while learning about different tree species across 100 curated acres of grassy lawns and horticultural gardens. Housed in an expansive colonial revival facility and featuring a full 18-hole golf course, the Idle Hour Country Club is another nearby option where residents can practice aiming for a hole-in-one, socialize with friends or get active at the club's tennis courts, fitness center and swimming pool.
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Top-rated Fayette County schools right in the neighborhood
Tucked right into the calm residential streets of Chevy Chase, students can walk to nearby schools like Cassidy Elementary and Morton Middle, both of which receive an A rating on Niche. Students at Cassidy Elementary have the opportunity to take periodic classes in the visual arts, tumbling and performance workshops hosted by The Lexington Children’s Theater. After graduating from Cassidy Elementary and Morton Middle, students can attend Henry Clay High, which also has an A rating and is home to Lexington’s only Army JROTC program. This school also features a Liberal Arts Academy, which is designed for students who are gifted in language arts, mathematics and academic performance. Students in this program are encouraged to participate in community service, academic mentoring and seminars. According to GreatSchools, Henry Clay High has a graduation rate of 91 percent, which is above the Kentucky state average of 90 percent.
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Coming together for the Chevy Chase Street Fair
In October, the Chevy Chase community gets together for the Chevy Chase Street Fair. A block along Euclid Avenue is closed to through traffic so that residents can get together with their neighbors and families to participate in fun activities and support local food, beverage and retail vendors. Bourbon n' Toulouse and Charlie Brown's Restaurant are just a few of the businesses that open their doors to the public, while folks enjoy exploring the fair or talking with friends in the street. "It's fun because everyone brings their dogs, there are live bands to listen to and kids can do arts and crafts," says Pannell.Getting around the Chevy Chase area
With High Street forming Chevy Chase's northwest border, it's easy for residents to take a short bike or bus ride over to Kroger, Woodland Park, or Lexington's downtown, which is about two miles away. To get around the Lexington area by car, Main Street is just a few blocks north of the neighborhood, while New Circle Road, Interstate 75 and Interstate 64 circulate residents throughout the greater area. When traveling out of state, Blue Grass Airport is about 7 miles to the west, while, in the case of a medical emergency, the University of Kentucky's Good Samaritan Hospital is just two miles away, right off Maxwell Street.Walkable shopping and dining with colorful local flavors
In addition to downtown Lexington being located just two miles away, residents of Chevy Chase are close enough to walk to some of the best restaurants in the city, frequently taking leisurely strolls through the neighborhood to dine with the family or meet some friends at local watering holes like the historic Chevy Chase Inn (open since 1933) and The Beer Trappe. With a cozy cellar featuring lacquered wood and burnished gold trimmings, The Beer Trappe is a locally owned and neighborhood-friendly bar that serves a diverse list of rare craft beers for patrons to enjoy. "The owner is a real beer guy, and very nice. He goes to Belgium a lot, too, so you know it's good stuff," says Pannell. For another option, Josie’s is a Chevy Chase staple and is open for breakfast, lunch and dinner. The horseshoe-shaped counter welcomes patrons with waiters who take pride in their southern hospitality, serving freshly made waffles topped with a choice of fresh blueberries, Georgia pecans or chocolate chips, combined with the sweetness of Maple syrup. Bourbon n' Toulouse is another well-known Chevy Chase establishment that serves authentic Cajun and Creole cuisine and "Just feels very local and unique when you walk in," says Pannell. True to the neighborhood's spirit, this popular restaurant has garnered its great reputation by simply cooking great food and creating a sense of community for the Chevy Chase residents. Folks often enjoy the Chicken Étouffée, which is a spicy roux made with shredded chicken, and traditional Creole entrees like gumbo and jambalaya. When cooking at home, Kroger is also just a walk away, located right on Euclid Avenue.
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Written By
Bayley Malo
Photography Contributed By
Ryan Minion
Video By
Timothy Cerva
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Agents Specializing in this Area
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Andrew Wilson
Andrew Wilson
National Real Estate
(859) 305-3623
41 Total Sales
2 in Chevy Chase
$460K - $482K Price Range
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Becky Reinhold
Becky Reinhold
Responds QuicklyBluegrass Sotheby's Intl Realt
(859) 407-6259
281 Total Sales
15 in Chevy Chase
$405K - $965K Price Range
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James Turek
James Turek
Responds QuicklyBluegrass Sotheby's International Realty
(859) 710-5052
117 Total Sales
3 in Chevy Chase
$701K - $1.1M Price Range
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The Prather Team - Michael Prather
The Prather Team - Michael Prather
Responds QuicklyKeller Williams Bluegrass Realty
(859) 780-5931
365 Total Sales
3 in Chevy Chase
$925K - $1.2M Price Range
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Zach Davis
Zach Davis
Responds QuicklyKirkpatrick & Company
(859) 710-6401
96 Total Sales
4 in Chevy Chase
$620K - $895K Price Range
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Michael McNeill
Michael McNeill
Responds QuicklyBluegrass Sotheby's International Realty
(859) 407-7432
129 Total Sales
1 in Chevy Chase
$675,000 Price
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
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Parks in this Area
Idle Hour Park
Woodland Park
Cheapside Park
Jacobson Park
Thoroughbred Park
Fifth Third Pavilion
The Arboretum
Northeastern Park
Ecton Park
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Chevy Chase | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 2 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 3 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 4 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Chevy Chase Demographics and Home Trends
On average, homes in Chevy Chase, Lexington sell after 17 days on the market compared to the national average of 49 days. The median sale price for homes in Chevy Chase, Lexington over the last 12 months is $741,250, up 9% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$769,000
Median Sale Price
$741,250
Median Single Family Sale Price
$775,000
Median Townhouse Sale Price
$324,950
Median 2 Bedroom Sale Price
$312,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
28
Median Home Sale Price YoY Change
9%
Average Price Per Sq Ft
$304
Neighborhood Facts
Number of Homes in Neighborhood
650
Number of Homes for Sale
5
Median Year Built
1940
Months of Supply
2.10
Average Single Family Home Size Sq Ft
3,465
Significantly above the national average
1,933
Average Townhouse Size Sq Ft
2,262
Median Lot Size Sq Ft
9,147
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,672
Median Age
42
Population Density
8 ppl/acre
Population under 18
21.7%
On par with the national average
23.8%
Population over 65
23.3%
On par with the national average
19.1%
Finances
Median Household Income
$87,500
Above the national average
$71,702
Average Household Income
$118,464
Education and Workforce
High School Graduates
100%
College Graduates
78%
Significantly above the national average
34.1%
Advanced Degrees
42.3%
Significantly above the national average
13.3%
% Population in Labor Force
67.3%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Bikeable
Bike Score®
61
/ 100
Somewhat Walkable
Walk Score®
64
/ 100
Some Transit
Transit Score®
40
/ 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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