$422,760Average Value$279Average Price per Sq Ft24Homes For Sale
Impressive schools and spacious parks with excellent access to nearby amenities
Just 7 miles south of Downtown Lexington sits Waterford-South Point, a popular neighborhood for its spacious and peaceful developments. Residents choose this area in Lexington for its combination of excellent schools, sizable parks and location. “It has really easy access to all the amenities between Nicholasville Road and Tates Creek Road,” says Miranda Hinchman, a broker and team leader with Kentucky Home Team Keller Williams Bluegrass Realty and a neighborhood resident. “There’s a really strong sense of community. There are people who grew up in the neighborhood who move back and buy here.”
Ranches, brick colonial and new-traditional homes
Waterford-South Point is a suburb with grand homes and manicured green spaces. Homes range from smaller ranches to larger brick colonial and new-traditional homes. Waterford-South Point homes have sold for anywhere between $205,000 and $715,000. “They’re on rolling lots with a lot of tree-lined backups,” says John Groft, a Realtor at RE/MAX Creative Realty. “There are green spaces that have a lot of wildlife." Townhouses can also be found in the neighborhood and have sold for between $250,000 and $305,000. Sidewalks line most development streets in the neighborhood, but most residents get around using their cars, backed up by the neighborhood’s Walk Score of 11 out of 100. As for crime, Waterford-South Point was given a Crime Score of 3 out of 10 by the CAP Index, which is lower than the national average.
Waterford-South Point is a neighborhood in southeastern Lexington, Kentucky.
The Waterford-South Point neighborhood is just a short drive from downtown Lexington.
Beautiful brick homes line the streets of the Waterford-South Point neighborhood.
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Early career course in Fayette County Schools
Residents of Waterford-South Point may send their children to Fayette County Public Schools. For kindergarten through fifth grade, students may attend Veterans Park Elementary, which earned an A grade from Niche. The school recently unveiled its new playground. From there, students may move on to Southern Middle School, which received a B-plus grade from Niche. Their school mission involved preparing students for advanced courses in high school and exploring career choices. Students can participate in nine sports and 12 clubs and activities outside the books. In ninth grade, students attend Tates Creek High School, which holds a B-minus grade on Niche and provides five academies based on careers and grade levels. Those include Freshman Academy, Academy of Business Entrepreneurship & Education, Academy of Design and Engineering, Academy of IB & Information Technology, and Academy of Medical & Emergency Services. For those looking for private school options, Trinity Christian Academy is nearby, serves Pre-K through 12th grade and earned an A grade from Niche. After graduating high school, residents can choose to stay close to home for college, as the University of Kentucky is just 6 miles north of the neighborhood.
Southern Middle School in Lexington, K.Y. has around 800 students enrolled.
Tates Creek High School is ranked 90th within the state of Kentucky.
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Extensive activities in Veterans Park
A plethora of outdoor activities are within Veterans Park. “The 230-acre park has ball fields, baseball fields, picnic areas, walking trails, a frisbee golf course, and mountain bike trails,” Groft says. Shillito Park is located northwest of the neighborhood and has amenities similar to Veterans Park. Locals can also use the camp programs and their local swimming pool. Kids compete in the Man O War conference with other neighborhoods during summer. “It’s a big draw between the pool and the park,” says Groft. “It’s a huge draw for families because they love the interaction." Kids can also let loose and have fun at the playground.
Veterans Park ihas a mountain bike trail that runs 3.5 miles long.
Veterans Park has four lighted Little League baseball field.
Veterans Park has a 1970's vintage Army tank on display, along with flags of the armed forces.
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Diverse cuisine within a mile radius
Giuseppe’s Ristorante Italian is a fine-dining restaurant with Italian favorites. Folks enjoy the restaurant's attentive service and their lobster and pasta. Zundo Ramen & Izakaya offers authentic Japanese ramen and sushi flavors. Locals love the experience and the plethora of vegetarian options. “My favorite restaurant is J. Alexander’s,” Hinchman says. “The food is great, and the staff is super friendly. The fish tacos are amazing.” J. Alexander’s is known for its quality American food and extensive drink offerings. Those needing to do the weekly grocery haul can do so at the Kroger, Walmart Neighborhood Market or Whole Foods Market. “You’re a half mile from two major areas, Fayette Mall, which is one of the largest malls in the state of Kentucky and Brannon Crossing, which is a development on the back side of Pinnacle,” Groft says. “It’s a ten-minute drive from Hamburg, a huge shopping area of I-75 and Man O War. It’s one of the largest shopping places in the state of Kentucky.”
Condado Tacos specializes in tacos, tequila and margaritas.
The Summit at Fritz Farm is a fun mixed use development.
Whole Foods is a great place for residents of Waterford-South Point to go grocery shopping.
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Community Food Truck Fridays
Waterford puts together multiple events throughout the year, but its signature is Food Truck Fridays. "Typically, there are two to three food trucks. It's a great way to get together, kid-friendly. That's usually about a three-hour event," Groft says.
Accessible commute in and out of Lexington
Residents can hop on Man O War Boulevard, which connects to other major routes towards downtown. From there, it’s about a 7-mile drive. “It’s a very easy commute to Interstate-75 and Interstate-64. You’re in 15 minutes to get on interstate for either family travel or work,” Groft says. “It’s an easy commute for those major employers outside of Fayette County.” Residents can also take advantage of the Lextran bus system, which has stops in the Belleau Woods neighborhood, just north of Waterford-South Point. Those needing to travel outside Kentucky can hop on a flight from the Blue Grass Airport, 8 miles from the neighborhood. Travelers can take a non-stop flight to 16 destinations in the country. For medical attention, residents can head to Baptist Health Lexington, a hospital 5 miles away.
Meadowbrook Golf Course is nearby
Golfers looking to get a quick round in can enjoy the Meadowbrook Golf Course to the north. This is Lexington’s only short course, and it is a walking-only course. Residents looking to play a round are looking at less than $20 for an 18-hole round.
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
Brett Franklin,
an experienced agent in this neighborhood.
Parks in this Area
Veterans Park
Kirklevington Park
Shillito Park
Jacobson Park
Belleau Woods Park
Veterans Park MTB Trail
Meadowbrook Golf Course and Park
River Hill Park
Legacy Trail
Transit
Airport
Blue Grass
22 min drive
Waterford-South Point Demographics and Home Trends
On average, homes in Waterford-South Point, Lexington sell after 72 days on the market compared to the national average of 70 days. The median sale price for homes in Waterford-South Point, Lexington over the last 12 months is $369,000, down 26% from the median home sale price over the previous 12 months.
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Interested in learning more about homes in this area?
Reach out to
Brett Franklin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
14,367
Median Age
40
Population Density
8 ppl/acre
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
18.1%
On par with the national average
19.1%
Finances
Median Household Income
$102,139
Significantly above the national average
$71,702
Average Household Income
$125,268
Education and Workforce
High School Graduates
95.8%
College Graduates
56.6%
Above the national average
34.1%
Advanced Degrees
29.8%
Above the national average
13.3%
% Population in Labor Force
76.5%
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®
39/ 100
Car-Dependent
Walk Score®
13/ 100
Minimal Transit
Transit Score®
5/ 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.
