$781,095Average Value$302Average Price per Sq Ft5Homes 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.
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.
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.
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.
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.
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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Chevy Chase Demographics and Home Trends
On average, homes in Chevy Chase, Lexington sell after 32 days on the market compared to the national average of 55 days. The median sale price for homes in Chevy Chase, Lexington over the last 12 months is $828,500, up 11% from the median home sale price over the previous 12 months.
A beautifully renovated Chevy Chase home with a private guest house--an exceptional opportunity rarely found in 40502 in the heart of the coveted Chevy Chase neighborhood. Offering 2,216 square feet in the main residence plus a permitted 479-square-foot detached guest house—2,695 square feet of total finished living space This home is within a short walk to the new Publix which is coming soon,
Truly one of a kind, this remarkable home seamlessly blends the timeless character of a historic stone cottage with the comfort and functionality of a thoughtfully renovated ranch home. Envisioned by its creative owners, the home offers 4,891 square feet of beautifully designed and exceptionally livable space, where historic charm and modern updates come together in a truly special setting. The
Suzanne ElliottBerkshire Hathaway de Movellan Properties
Rare opportunity to own a beautifully updated triplex in Lexington's highly sought-after Chevy Chase neighborhood. 304-306 Ridgeway Drive features three 1BR/1BA units and is being sold partially furnished. Ideally located just steps from the University of Kentucky, downtown Lexington, UK HealthCare, restaurants, shopping, and entertainment. With thoughtful updates and an unbeatable location, this
Robert BrattonBluegrass Sotheby's International Realty
Back on the market and offering a rare second chance to own one of Chevy Chase's standout homes! After purchasing this exceptional property, the current owners made the heartfelt decision to remain in their longtime home of 38 years—creating an unexpected opportunity for the buyer who missed it the first time. This beautifully renovated and expanded Chevy Chase residence blends timeless character
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Suzanne ElliottBerkshire Hathaway de Movellan Properties
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.
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.
