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Coletown

Coletown

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40515
$846,194 Average Value
$296 Average Price per Sq Ft
12 Homes For Sale

Coletown is a rural retreat near the Kentucky River

If you’re looking for space and an outdoor lifestyle amid the Bluegrass Region's natural beauty, consider Coletown. This rural community is in far southeast Lexington, where open land and horse farms dominate the landscape. The area is best known for the Raven Run Nature Sanctuary, which has forested trails leading to scenic overlooks above the Kentucky River. Despite Coletown’s country feel, the community is still part of the larger Lexington area, so you’re within a 30-minute drive of shopping, restaurants and Downtown Lexington.

Coletown hikers can explore Raven Run Nature Sanctuary.
Coletown hikers can explore Raven Run Nature Sanctuary.
The Kentucky River borders Coletown.
The Kentucky River borders Coletown.
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What kinds of homes, land and prices you’ll find in Coletown

Homes in Coletown usually sit on several acres, giving you privacy and space to raise horses or have a hobby farm. Here you can find everything from renovated midcentury farmhouses to newer custom builds. Ranch-style and colonial-style houses are common, and newer custom designs often have modern farmhouse elements. Undeveloped land is also available. The median home sale price in Coletown is in the lower $600,000s, above Lexington’s overall median and that of nearby rural communities like Centerville-Nihizertown and Northeast Nicholasville. Prices range widely, depending on acreage and square footage, but you can generally find:

  • Homes on 3 or fewer acres from the mid- $100,000s to the upper $500,000s
  • Houses on over 3 acres from the mid-$500,000s to around $1 million
  • New construction or large estate homes on acreage from around $1.2 million to $1.9 million
  • Undeveloped land of 1 to 15 acres from the lower $200,000s to the upper $300,000s

Huge estates sitting on vast acreage fill the countryside in Coletown.
Huge estates sitting on vast acreage fill the countryside in Coletown.
Coletown offers buyers brick ranch-style homes.
Coletown offers buyers brick ranch-style homes.
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What kind of commute to expect

You’ll need a car to get around the area from Coletown. Interstate 75 runs directly through the community, and other major roads include Tates Creek Road and Old Richmond Road. Commute times will vary, but in general, Downtown Lexington and the University of Kentucky, one of the area’s largest employers, are about 15 miles away, a drive that takes around 30 minutes.

Kids attend highly rated Fayette County schools

The Fayette County Public Schools district serves the area. Depending on where they live, kids might start at Squires Elementary School or Brenda Cowan Elementary School, which both get an A-minus rating from Niche. They can then go to the A-rated Edythe Jones Hayes Middle School and the A-minus-rated Henry Clay High School, home to the Liberal Arts Academy and the district's only Army JROTC program. Since Coletown covers a large area, students might find themselves travelling up to 13 miles to get to school.

Edythe Jones Hayes Middle School serves the area.
Edythe Jones Hayes Middle School serves the area.
Henry Clay High School gets high ratings.
Henry Clay High School gets high ratings.
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Outdoor activities range from riding lessons to hiking

Coletown offers a variety of ways to get outside. Horse culture is a big part of life here, and many residents keep horses on their property or take lessons at one of the area’s stables. Sarah Meier operates Punchestown Stable, which specializes in show hunters and jumpers. “We bring in kids and teach them how to ride,” she says. “It’s a good life for a kid. They get to learn the responsibility of taking care of a horse and become part of a barn family, so to speak.” The over 700-acre Raven Run Nature Sanctuary is a big draw for the area, featuring over 10 miles of wooded trails along the Kentucky River Palisades, a region known for its limestone cliffs. “Raven Run has close to 70,000 visitors annually who come from all over,” says Jennifer Hubbard-Sanchez, the superintendent of natural areas for Lexington Parks & Recreation. “We have lots of local hikers and families who are regulars to the park, some hiking weekly and even a few who visit daily.” Closer to the city, Jacobson Park is a popular spot for its dog park, sprayground and events like free summer movie nights.

Residents can fish at Jacobson Park.
Residents can fish at Jacobson Park.
Raven Run Nature Center services the over 700-acre Raven Run Nature Sanctuary in Coletown.
Raven Run Nature Center services the over 700-acre Raven Run Nature Sanctuary in Coletown.
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Dining options and everyday shopping are within reach

Even though Coletown is rural, you’ll have an easy time finding a place to hang out and grab a bite to eat. “People do go out to eat a lot here,” Meier says. “It’s a very social, nice group of people.” Here are some of the area’s popular spots:

  • Boonedogs, a creative hot dog joint with a spacious outdoor area and a bourbon bar
  • Proud Mary BBQ, a riverside restaurant known for its patio seating and fried catfish
  • Talon Winery, a scenic vineyard with free live music every weekend
The closest grocery store is Kroger in Hartland. For retail shopping, you’re about 13 miles from Hamburg, a shopping hub with big-box retailers, and 14 miles from Fayette Mall, the largest shopping mall in Kentucky.

Annie Franklin
Written By
Annie Franklin
Ryan Minion
Photography Contributed By
Ryan Minion
Mary Desmond
Video By
Mary Desmond

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

38 min drive

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Coletown US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
520
Number of Homes for Sale
12
Median Year Built
1979
Months of Supply
7.60
Average Single Family Home Size Sq Ft
3,393
Significantly above the national average
1,933
Median Lot Size Sq Ft
43,560

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
$11,500
Median Single Family Home Rent
$11,500
Median 4 Bedroom Single Family Home Rent
$11,500

Demographics

Total Population
1,469
Median Age
50
Population Density
1 person/acre
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
27%
Above the national average
19.1%

Finances

Median Household Income
$113,541
Significantly above the national average
$79,597
Average Household Income
$149,440

Education and Workforce

High School Graduates
94.2%
College Graduates
53.3%
Above the national average
34.1%
Advanced Degrees
26.3%
Above the national average
13.3%
% Population in Labor Force
63.4%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
10''

Area Factors

Somewhat bikeable

Bikeability®

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
Coletown