$302,955Average Value$220Average Price per Sq Ft4Homes For Sale
Conveniently located neighborhood with respected schools and affordable homes
When one thinks of Gainesway, one thinks of convenience. After making a left on Tates Creek Road, residents are just minutes from New Circle Road, the gateway to the best of Lexington. Residents are less than 10 minutes from the University of Kentucky and downtown Lexington. While convenience is a plus of living here, residents enjoy the peace this established neighborhood affords them. “Gainesway is a great place to find an affordable home, with a nice sized yard with mature trees,” Chris Johnson, a Realtor with Plum Tree Realty, says. “If you are looking for a peaceful, well-established neighborhood within 10 minutes of everything you will ever need, Gainesway is for you.”
Gainesway
Gainesway
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Mid-20th century ranch styles, split-levels and colonials
Most homes within Gainesway were built in the mid-20th century, with most residents living in ranch-style, split-level and colonial houses. Being an established neighborhood is part of its appeal. These homes have sold for between $230,000 and $420,000. “Gainesway is an older subdivision,” Johnson says. “This means you have mature trees, bigger yards, with more space between lots that you wouldn’t find with newer developments.” Townhouses are also available in the neighborhood and have sold in the mid $200,000s. Sidewalks line most neighborhood streets in Gainesway, but residents still utilize their cars to get around. As for crime, the CAP Index gave Gainesway a 6 out of 10 Crime Score, higher than the national average.
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Students attend Fayette County Public Schools
Students living in Gainesway attend Fayette County Public Schools. As a part of that district, children would attend Tates Creek Elementary for Pre-K through fifth grade and Tates Creek Middle School for sixth through eighth grade. Both schools earned a B grade from Niche. In ninth grade, students would attend Tates Creek High, which received a B-minus grade from Niche. At Tates Creek High, students can participate in the Academies of Lexington program. Interests include business and education, design and engineering, information technology and medical services. As for private schools, Trinity Christian Academy is nearby and earned an A grade from Niche. The University of Kentucky is just 4 miles north of the neighborhood if residents want to stay close to home for college.
Tates Creek High School offers students extra curricular activities, such as Band and Game Club.
The student population of Tates Creek Middle School is 737 and the school serves 6-8.
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Plethora of parks to play in
There are a few notable parks that residents have quick access to near the neighborhood. Gainesway Park gives residents exposure to a bit of Lexington's wildlife. Visitors will see a pond as they walk across the footbridge and look below. Native plants beautify the pond, with butterflies and bees fluttering and buzzing around them. Fish, turtles, ducks and frogs live in the pond. Residents can fish in the pond and will mostly find bass fish and bluegills. In addition to the pond, the park features basketball courts, a walking trail and sports fields. Kirklevington Park features the only pickleball court complex in Lexington. Along with pickleball, park patrons can use the baseball and soccer fields and the basketball and tennis courts. The park also has a skatepark friendly to skaters of all levels. Residents looking to achieve their daily goal of steps can take advantage of the 1.4-mile trail at Lansdowne-Merrick Park.
Jacobson Park is a popular destination for Gainesway families on warm sunny days.
Gainesway skaters hop over to Berry Hill Skate Park on a warm day.
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From fried chicken at The Merrick Inn to steak at Malone’s
There are a few notable restaurants within a few minutes of Gainesway. The Merrick Inn is a Lexington staple, only a few minutes from the neighborhood. For dinner, customers enjoy ordering the Southern Fried Chicken, which comes with a choice of hand-breaded white or dark meat. For brunch, some order the hearty Lansdowne Breakfast with two eggs, a choice of sausage, a toasted English muffin and breakfast potatoes. Malone's is known for their premium steak. Customers can order the filet mignon or one of their twin filets for dinner. For sandwich lovers, they have the Steakhouse Kobe Burger, which is premium American Wagyu beef made with Gruyère, crispy onion, lettuce, tomato and Parmesan-garlic mayo. For groceries, residents head to the Kroger on Tates Creek Centre Drive, 3 miles away. For residents looking to spend a weekend afternoon shopping, Fayette Mall is 4 miles from Gainesway and features stores like Macys, Old Navy and Forever 21.
Gainesway
Merrick Inn has an abundance of southern charm for Gainesway residents.
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Lextran bus system to get around Lexington
Residents in Gainesway can use the Lextran bus system from the Tates Creek at Gainesway stop along Tates Creek Road. Blue Grass Airport is a 9-mile drive from the neighborhood for locals looking to get out of town. For medical attention, Baptist Health Lexington is a 4-mile drive.
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Gainesway Festival of Neighbors
Gainesway has an annual summer get-together called the Gainesway Festival of Neighbors. While the event's location changes yearly, the festival’s mission stays the same, bringing the neighborhood together. The event includes free activities for kids and free family resources and is free for attendees.
Tates Creek Golf Course
Novice and veteran golfers will enjoy the 18 holes of the Tates Creek Golf Course. Open to the public, the course is known for its sloping greens. There is also an aquatic center with a slide and a large pool.
Tates Creek Golf Course offers an 18 hole par 72 course on 125 acres in Gainesway.
Tates Creek Golf Course and Aquatic Park offer a relaxing setting for two great past-times.
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
Interested in learning more about homes in this area?
Reach out to
Clay Thomas,
an experienced agent in this neighborhood.
Parks in this Area
Kirklevington Park
Jacobson Park
Belleau Woods Park
Mount Tabor Park
The Arboretum
Gainesway Park
Baseball/Softball
Lake
Playground
Meadowbrook Golf Course and Park
River Hill Park
Legacy Trail
Transit
Airport
Blue Grass
19 min drive
Bus
Tates Creek & Gainesway
Bus
Armstrong Mill & 1100 Outbound
Bus
Armstrong Mill & Greentree
Gainesway Demographics and Home Trends
On average, homes in Gainesway, Lexington sell after 77 days on the market compared to the national average of 70 days. The median sale price for homes in Gainesway, Lexington over the last 12 months is $389,754, down 14% from the median home sale price over the previous 12 months.
Traditional 2 story in the Gainesway neighborhood. This home has been lovingly updated over the past decade by the owners. Three beds, two full baths, and 1 half bath. Primary bedroom with travertine tile bathroom and 2 closets. Renovated kitchen with soft close cabinetry to the ceiling. Separate laundry room. Tiled sunroom with 2 skylight windows. Large back deck and 2 storage sheds. Fully
Home sweet home! This 3 bedroom (possible 4th) 2 bath has charm, curb appeal, great location, 168 sq ft year round sunroom, deck, hardwood floors, partially finished basement with storage area, new windows, new range, beautiful yard, pretty landscaping. This home is truly inviting. Owner has loved living here and you will too.
Charming Updated Condo in Ideal Lexington Location!Welcome to this stylish and low-maintenance condo at 1077 Armstrong Mill Rd! This inviting 2-bed, 2 1/2-bath home offers modern finishes and a smart layout perfect for anyone seeking comfort and convenience. The open concept living area is bright and welcoming, with updated flooring and neutral tones throughout. The kitchen features crisp
Interested in learning more about homes in this area?
Reach out to
Clay Thomas,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,645
Median Age
38
Population Density
6 ppl/acre
Population under 18
24.8%
On par with the national average
23.8%
Population over 65
19.7%
On par with the national average
19.1%
Finances
Median Household Income
$76,407
Above the national average
$71,702
Average Household Income
$82,769
Education and Workforce
High School Graduates
95.7%
College Graduates
52.2%
Above the national average
34.1%
Advanced Degrees
26%
Above the national average
13.3%
% Population in Labor Force
64.1%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Somewhat Bikeable
Bike Score®
35/ 100
Car-Dependent
Walk Score®
26/ 100
Some Transit
Transit Score®
25/ 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.
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.
