$345,596Average Value$185Average Price per Sq Ft45Homes For Sale
Masterson Station blends modern suburban living with rural roots
Located on the northwestern edge of Lexington, Masterson Station is where the city’s suburbs give way to the rolling pastures of the Bluegrass region. The area is one of the largest neighborhoods in Lexington, and buyers are drawn to its modern homes that are within walking distance of the expansive Masterson Station Park. This part of the city continues to grow with new residential developments, but the park helps the neighborhood stay connected to its rural roots with equestrian facilities, horseback riding lessons and the annual Bluegrass Fair. With Downtown Lexington only 5 miles away, Masterson Station bridges city convenience, suburban comfort and rural recreation.
The stonework entrance welcomes residents to Masterson Station.
Masterson Station is located northeast of downtown Lexington.
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What home styles, prices and HOA fees to expect in Masterson Station
Most homes were built in the early 2000s and reflect the New Traditional styles of that time. Two-story houses are common, featuring open-concept kitchens with center islands, connected living areas and main-level primary suites. Some ranch-style homes are also available, and new houses continue to be built. The neighborhood is deed-restricted, so homeowners will need to get the HOA’s approval for new landscaping and exterior renovations. The median home sale price in Masterson Station is in the lower $300,000s, below Lexington’s overall median and that of Sandersville, but above that of McConnell's Trace and Greendale. Prices generally range from the lower $200,000s to the mid-$500,000s, plus an annual HOA fee of $120 that covers community events and maintenance.
Rows of nicely landscaped lawns with updated homes are common in Masterson Station.
The Masterson Station neighborhood sits on the edge of horse country.
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Kids attend Fayette County schools with engineering programs
Families are served by the Fayette County Public Schools district. Depending on where they live, kids might start at Coventry Oak Elementary School or Sandersville Elementary School, which gets an A rating from Niche. They can then go to the B-plus-rated Leestown Middle School, which has a pre-engineering program with courses in coding, robotics and digital art. Older students can attend the B-rated Bryan Station High School, which has career-focused pathways in fields like engineering and medicine.
Leestown Middle School serves the area.
Older students can go to Bryan Station High School.
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Downtown Lexington is 5 miles from Masterson Station.
How long it takes to reach downtown Lexington and major roads
Masterson Station is a car-dependent neighborhood. Leestown Road and Citation Boulevard border the area, and New Circle Road, which loops around the city, is about 2 miles away. The drive to downtown Lexington can take about 15 minutes, and the University of Kentucky, the city’s largest employer, is about 6 miles, or 20 minutes, away. To access interstates 64 and 75, it’s a 4-mile trip.
Masterson Station Park’s horse facilities and green space
Outdoor recreation revolves around the over 650-acre Masterson Station Park. “A lot of families with younger kids really enjoy going there in the summer,” says Sheridan Sims, a Realtor and co-owner of The Catalyst Group at Keller Williams Commonwealth and a life-long Lexington resident. The park has soccer fields, sand volleyball courts and a splash pad, plus a fenced-in area for dogs. Horseback riding lessons are available at the park's equestrian facility, which has indoor and outdoor arenas and a dressage complex. Masterson Hills Park is a smaller neighborhood park with a playground and walking trails. Residents can choose to join the HOA’s pool, which has a separate fee.
There is a small basketball court at the Masterson Station clubhouse.
Masterson Station Park has trails for walking and horseback riding.
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Festivals and fairs at Masterson Station Park
Masterson Station Park is the site of regular events that attract people from all over the city. Here are some popular ones:
The Bluegrass Fair, a 10-day county fair with rides, agricultural exhibits and a variety of entertainment
Yappy Hour, a dog-friendly event with food trucks and drinks
Kite Fest, a free event with bounce houses, live music and kite flying
Kentucky Sheep and Fiber Festival, a two-day festival celebrating fiber artists and offering workshops
Families flood Masterson Station Park during Kite Fest.
Kite Fest at Masterson Station Park has live music.
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Leestown Road restaurants and nearby grocery stores
Masterson Station has a solid dining scene, with neighborhood options and additional choices on Leestown Road. “There’s a lot of new things constantly opening up out here, and the city is investing a lot of money to really expand this side of town,” Sims says. You can sit down for a meal at these places:
Ramsey’s Diner, a Lexington staple for Kentucky dishes like hot browns and meat-and-three plates
Thoroughbred Restaurant, a casual spot serving American comfort food
The Service Station, a bar in a converted gas station with a dog-friendly patio and food trucks
Osaka, a Japanese restaurant serving sushi rolls and hibachi-style entrees
For groceries, Crossroads IGA is in the neighborhood, and Kroger and Publix are nearby.
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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Masterson Station Demographics and Home Trends
On average, homes in Masterson Station, Lexington sell after 28 days on the market compared to the national average of 55 days. The median sale price for homes in Masterson Station, Lexington over the last 12 months is $345,000, up 3% from the median home sale price over the previous 12 months.
Located in the desirable Masterson Station neighborhood of Lexington, this home has been extensively updated inside and out. Exterior improvements include a freshly pressure-washed and painted exterior, new gutters, a refurbished deck with new decking and railings, freshly painted entrance posts and garage door, updated exterior lighting, and professional landscaping that enhances curb appeal.
This well maintained 3-bedroom 2-full bath 2-full car garage home is truly move-in ready. The spacious living room, anchored by a cozy fireplace, flows seamlessly into the kitchen--perfect for entertaining. The kitchen as a bar-top counter, and an inviting eat-in area. The primary bedroom features a walk-in closet, large windows offering backyard views and a private ensuite bathroom.
Now offered at $435,000 and with a NEW ROOF, 697 Lucille Drive is a 4-bedroom, 3.5-bath single-family home in the Greendale subdivision of Lexington, Kentucky 40511. Located in northwest Fayette County near Citation Boulevard and Leestown Road, this Central Kentucky property offers 3,333 finished square feet, a newly installed roof, a finished walk-out basement, a fenced backyard and an attached
Exceptional new construction multi-family property in Lexington's established Masterson Station area. 3104 Daly Pl offers modern construction, functional design, and low-maintenance ownership in a high-demand rental corridor with convenient access to downtown Lexington, New Circle Road, I-64/I-75, the University of Kentucky, shopping, dining, and major employers. Designed with long-term value in
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Matt GerwinChristies International Real Estate Bluegrass
Meticulously maintained and offering exceptional square footage, this 3-bedroom, 4-bath home in Lexington's Greendale subdivision combines generous living spaces with thoughtful updates and a flexible floor plan. The main level open concept area features a fireplace—one of the few homes in the neighborhood to offer one—along with new granite countertops in the kitchen and access from the living
Kim MorrisBerkshire Hathaway de Movellan Properties
Sellers are giving a $2000 paint allowance. Gorgeous brick-and-vinyl home featuring classic black shutters and beautiful updates throughout! Step inside to a welcoming sitting area on the left, leading into a generously sized dining room perfect for gatherings. The cozy den offers a gas fireplace, creating the ideal spot to relax. The kitchen boasts tiled flooring, granite countertops, and
Welcome to this beautiful Masterson Station home with the rare combination of move-in-ready updates, a fully fenced yard, and no HOA and a BRAND NEW ROOF AND WATER HEATER! Located in the Great Acres section of Masterson Station, this three-bedroom, two-and-a-half-bath home offers comfortable living spaces both inside and out. Freshly painted throughout and featuring brand-new carpet, this home is
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Available now in the Masterson Station neighborhood! This 2-bedroom, 2.5-bath townhome at 2740 Hayden Park Ln offers 1,134 sq ft with a functional layout and convenient location just minutes from shopping, dining, and parks. Inside, you'll find LVP flooring throughout the home, spacious living areas, and an open kitchen with plenty of cabinet space. Both bedrooms are located upstairs, including a
End of Summer Blowout Specials! Move in by 9/10 and enjoy a $1,000 rent credit — plus your application fee refunded at move-in!STACK YOUR SAVINGS: Tour this home and apply within 24 hours to receive an additional $500 rent credit!Welcome to this inviting single-family home in Lexington, Kentucky, where contemporary design meets everyday comfort across two spacious stories. With
**AVAILABLE MID-SEPTEMBER** 3 bedroom, 2 bath ranch style home in the Masterson Station area. The home has a fenced in backyard. Pets welcome with a $50/month per pet fee along with restrictions.
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Welcome to this charming 3 bedroom, 2.5 bathroom home located in Masterson Station. Situated on a quiet cul-de-sac, this house offers a peaceful and private setting. The property backs up to a park, providing a beautiful view and plenty of outdoor space to enjoy. Step inside to find a spacious living area, and bonus room that can be used as an office or playroom. From the dining area are doors
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