$792,556Average Value$319Average Price per Sq Ft5Homes For Sale
Fairway is a picturesque and close-knit community
Fairway is an established Lexington neighborhood known for its stately Colonial Revival homes and tree-lined streets. It’s a place where neighbors gather at community ice cream socials and wave to each other on their evening strolls. The private Idle Hour Country Club is next door, and the popular restaurants and shops of Chevy Chase and the Warehouse Block are nearby. Highly rated schools attract families to the area, and Downtown Lexington is a 3-mile drive away.
Fairway is a tree-filled neighborhood 3 miles from Downtown Lexington.
Homes in Fairway have classic architecture.
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Homebuyers looking for a historic style can purchase a Colonial Revival home in Fairway.
Character-rich Colonial Revivals and Cape Cods
The homes in Fairway are mostly Colonial Revival houses built between the 1930s and ‘50s. But just because they share a similar aesthetic doesn’t mean they’re all the same. “The homes are all different and have lovely, unique features,” says Suzanne Elliott, a Realtor with Berkshire Hathaway De Movellan Properties who’s sold homes here for 40 years. “It’s a beautiful, tree-filled area with nice, mature landscaping.” You’ll also see Cape Cods, Tudor Revivals and some ranch-style homes. Most have brick exteriors, but there are plenty with fully stone exteriors or stone details. Yards are large enough for houses to have driveways and detached garages.
How much you can expect to pay for a home in Fairway
The median home sale price in Fairway is in the upper $600,000s, above Lexington’s overall median and that of nearby neighborhoods like Kenwick, Idle Hour and Ashland Park. Most homes cost between the lower $400,000s and the upper $800,000s, but houses with over 3,000 square feet can go for $1.1 million to $1.5 million.
Henry Clay High School gets high ratings.
Which nearby schools serve the neighborhood
The highly rated Fayette County Public Schools district serves the area, offering address-based enrollment and application-based magnet schools. Kids can start at the highly rated Ashland Elementary School in Mentelle, then go to Lexington Middle School in North Limestone. Older kids can head to the highly rated Henry Clay High School in Lakeview Estates. The Hearing and Speech Center in the neighborhood offers an early learning center for kids from six weeks old to kindergarten. The nonprofit specializes in helping kids with hearing loss or speech challenges, though it welcomes all kids into its inclusive classrooms.
Quick access to downtown, Chevy Chase and UK
Fairway’s central location is one of its biggest selling points. “Residents have great, central proximity to downtown, Chevy Chase and Euclid Avenue,” says Becky Reinhold, a Broker with Sotheby’s International Realty. Commuters can drive 3 miles to Downtown Lexington in around 10 minutes. Chevy Chase, which is known for its shops and restaurants on Euclid Avenue, is just over a mile away, and the University of Kentucky, which is one of the city’s top employers, is around 2 miles away.
A quiet, friendly neighborhood with regular events
Fairway is in a prime location, but the neighborhood’s layout makes it feel far away from the city. Its tree-lined streets and park-like atmosphere give it a peaceful feel, and it’s common to see neighbors walking their dogs or pushing strollers along the sidewalks and down its quiet streets. “It's also a very friendly community with people who enjoy walking and socializing in the neighborhood,” Elliott says. There are plenty of opportunities to meet your neighbors at events like food truck nights, ice cream socials and the annual Halloween parade. “The community is made up of generations of people who truly care about the area they live in,” Reinhold says.
Fairway diners can enjoy fresh pasta made in-house at the Pasta Garage Italian Cafe.
Nearby dining hubs offer restaurants, shops and groceries
The neighborhood is conveniently close to two of the city’s dining hotspots: Chevy Chase and the Warehouse Block on National Avenue, and there are more dining options within walking distance in Kenwick. Popular nearby restaurants include:
Kenwick Table, a wine bar and coffee shop with outdoor seating and regular live music
Pasta Garage Italian Café, a casual restaurant that makes its pasta from scratch
Epping’s on Eastside, an upscale restaurant that serves food made from locally sourced ingredients
Josie’s Restaurant, a popular breakfast spot
Bourbon n’ Toulouse, a Cajun and Creole restaurant with a funky vibe
Each area also has locally owned shops and boutiques. For groceries, you can stop by the Lexington Farmers Market on National Avenue during the warmer months, or head to Kroger on Euclid Avenue.
Parks, golf and outdoor spaces are close by
When you want to get outside, there are plenty of options nearby. These include:
Idle Hour Country Club, which has an 18-hole golf course, a clubhouse and tennis courts for members
Ashland, The Henry Clay Estate, which has garden trails and tours of Henry Clay’s preserved home
Woodland Park, which has a skate park, a playground and plenty of green space
Clay’s Spring Park, which has a historic spring surrounded by pollinator gardens
Woodland Park features a skatepark.
Each hole at Idle Hour Country Club was named after a famous horse.
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
Are you familiar with the Fairway neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Fairway
US
Homicide
3
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Fairway Demographics and Home Trends
On average, homes in Fairway, Lexington sell after 14 days on the market compared to the national average of 58 days. The median sale price for homes in Fairway, Lexington over the last 12 months is $682,500, up 15% from the median home sale price over the previous 12 months.
365 Henry Clay Boulevard is a distinguished 1941 brick home in the heart of Fairway, one of Lexington's most coveted 40502 addresses. Featuring 4 bedrooms, 2 full baths, and 2 half baths, the residence offers timeless proportions, mature surroundings, and enduring architectural character. Ideally located within walking distance to Idle Hour Country Club and Kenwick Table, and moments from
Welcome to 221 Holiday Road, a beautifully renovated home in the popular Fairway subdivision, perfect for entertaining! This thoughtfully designed residence features an open floor plan that seamlessly connects the living room and dining room, showcasing hardwood floors, built-in cabinetry, and updated lighting. The redesigned, eat-in kitchen offers lovely cabinetry, with newer appliances, and
Becky ReinholdBluegrass Sotheby's International Realty
Seller is selling 1/2 of this Duplex in the popular Fairway neighborhood. So much character in this 2 bedroom 1 1/2 bath home with hardwood flooring throughout and substantial crown molding. First floor includes an eat in kitchen, family room , and 1⁄2 bath. 2nd floor you will find 2 bedrooms and the full bathroom. There is a permanent staircase accessed from the larger bedroom that leads to a
Tucked away on a quiet cul-de-sac in the ever-popular Fairway neighborhood, this handsome brick home has been renovated and thoughtfully reimagined for modern living and effortless entertaining. A bright, open floor plan anchors the main level, where gleaming hardwood floors flow through elegant formal living and dining rooms and into the heart of the home - a stunning new eat-in kitchen designed
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Don't miss this incredible investment opportunity! This well-maintained duplex offers the perfect blend of charm, functionality, and income potential. Featuring beautiful hardwood floors throughout, the property exudes warmth and character while providing durable, low-maintenance living spaces. The upstairs unit has been thoughtfully remodeled, showcasing modern updates that appeal to today's
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The Prather Team - Michael PratherKeller Williams Bluegrass Realty
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.
