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Chevy Chase

Chevy Chase

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40502
$746,444 Average Value
$311 Average Price per Sq Ft
7 Homes For Sale

What makes Chevy Chase one of Lexington’s most desirable areas

If you’re looking for a Lexington neighborhood with character, walkability and highly rated schools, look no further than Chevy Chase. Located just 2 miles from downtown, the community is in a sweet spot: You’re not far from city amenities or the University of Kentucky, yet you have well-maintained early-1900s homes in a peaceful setting. The locally owned restaurants and shops along Euclid Avenue are within walking distance, as are two public schools and one private school. Spend a day strolling Chevy Chase’s tree-lined streets or hanging out at one of its restaurants, and you’ll see why this neighborhood is so sought-after.

Character-rich architecture with unique details

Though many of the homes in Chevy Chase could be categorized as Cape Cod, Colonial Revival or ranch-style, each has special details that set it apart, such as stone exteriors, gabled entryways or front-facing chimneys. “People love the area because of the charm these homes express. They are a far cry from the typical homes we see today,” says Jeremy Perryman, a Realtor with United Real Estate. Most were built between the 1920s and ‘50s, and spacious, landscaped yards, mature trees and paved driveways add to the curb appeal. Most have been well-maintained or remodeled, making them move-in ready.

Streets in Chevy Chase are lined with Cape Cod homes.
Streets in Chevy Chase are lined with Cape Cod homes.
Most homes in Chevy Chase were constructed between the 1920s and '50s.
Most homes in Chevy Chase were constructed between the 1920s and '50s.
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How much it costs to live in Chevy Chase

The median home sale price in Chevy Chase is in the lower $800,000s, above Lexington’s overall median and that of surrounding neighborhoods like Ashland Park and Lansdowne Shadeland East, but below that of Shriners. “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. Prices typically range from the lower $600,000s to around $1.2 million.

Euclid Avenue is home to dining, shopping and nightlife

Along Euclid Avenue is a commercial district of locally owned restaurants and shops, all within walking distance of Chevy Chase. “You're close to some hip dining,” says Victoria Byrd, a Realtor with Indigo and Co. Realty. Popular spots here include:

  • Bear and the Butcher, a two-story sports bar and restaurant serving classic pub fare
  • Josie’s Restaurant, the go-to spot for a hearty breakfast
  • Omakase Sushi & Sake Bar, a Japanese restaurant that Byrd says offers an omakase-style meal that’s unique in Kentucky
  • Bourbon n’ Toulouse, a colorful spot specializing in Creole and Cajun cuisine
  • Chevy Chase Inn, the oldest continuously operating bar in the city
The area is also home to businesses like clothing boutiques, specialty stores and hair salons, and you can get your grocery shopping out of the way at Kroger. For national retailers and big-box stores, you can head to Hamburg, around 5 miles away.

Chevy Chase provides a number of options for late night diners.
Chevy Chase provides a number of options for late night diners.
Diners enjoy authentic Cajun cuisine at Bourbon n' Toulouse in the Chevy Chase neighborhood.
Diners enjoy authentic Cajun cuisine at Bourbon n' Toulouse in the Chevy Chase neighborhood.
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Nearby parks offer trails, sports and community events

While Chevy Chase’s spacious yards and scenic streets help keep you connected to green space, there are also several parks and recreational areas nearby. These include:

  • Woodland Park, which has pickleball courts, a playground and an outdoor swimming pool
  • Ecton Park, which has tennis courts, baseball fields and a concert space that hosts the Big Band & Jazz concert series in July and August
  • The Arboretum, State Botanical Garden of Kentucky, which offers miles of trails through native plant gardens
  • Idle Hour Country Club, which has an 18-hole course and tennis courts that are open to club members

Woodland Park features courts for tennis and basketball.
Woodland Park features courts for tennis and basketball.
The Arboretum is a popular destination for active residents and nature lovers.
The Arboretum is a popular destination for active residents and nature lovers.
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Highly rated schools are within walking distance

The highly rated Fayette County Public Schools district serves the area. Kids are within walking distance of Cassidy Elementary School and Morton Middle School, which both get high ratings. Older students can go to the highly rated Henry Clay High School in Lakeview Estates. In addition to address-based enrollment, the district offers application-based magnet schools like the highly rated Maxwell Spanish Immersion Elementary School in Aylesford Place. If you’re interested in private schools, Christ the King School is in the neighborhood’s center.

Cassidy Elementary School serves the area.
Cassidy Elementary School serves the area.
Morton Middle School is in the neighborhood.
Morton Middle School is in the neighborhood.
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A close-knit community united by local restaurants and events

Strolling down tree-lined streets and dining with friends at hip restaurants are part of daily life here. “That's why Chevy Chase is the neighborhood you take your friends from out of town to,” Perryman says. “It is a community filled with history and class, something you only see in storybooks.” The neighbors here are close, and they celebrate that community bond at the Chevy Chase Street Fair each August. The event shuts down Euclid Avenue for a day of live music, vendors and kids’ activities.

Commuters have quick access to downtown, UK and major roads

Commuters can drive the 2 miles to Downtown Lexington in around 10 minutes, depending on traffic. High Street is the most direct route there, though you could also take nearby Richmond Road. The University of Kentucky is around a mile away, putting it within walking distance for some. New Circle Road, which loops around the city, is around 2 miles away.

Annie Franklin
Written By
Annie Franklin
Ryan Minion
Photography Contributed By
Ryan Minion
Timothy Cerva
Video By
Timothy Cerva

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

19 min drive

Bus

Fontaine & Chinoe Outbound

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Chevy Chase US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
652
Number of Homes for Sale
7
Median Year Built
1940
Months of Supply
2.50
Average Single Family Home Size Sq Ft
3,291
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

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,800
Median Single Family Home Rent
$2,800
Median 3 Bedroom Single Family Home Rent
$2,800

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
$79,597
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

Fairly bikeable

Bikeability®

50 / 100

Moderately walkable

Walkability®

70 / 100

Limited public transit

Transit®

30 / 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
Chevy Chase