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Hutchinson-Monterey

Hutchinson-Monterey

$496,373 Average Value
$190 Average Price per Sq Ft
3 Homes For Sale

Space for the whole family just north of Lexington

Hutchinson-Monterey is a rural neighborhood located between Lexington and Paris, a small town of about 10,000 people in Kentucky horse country. People often move here to escape the city and to spread out on more land. EMS Major Jason Taylor III did just that 10 years ago when he and his wife moved from Lexington in search of more space. His one specific request: to find a home where both his family and his in-laws could live. “We found a property where someone before us had the same thought and had built a smaller house for their aging parents on the property,” he says. “I knew it was a good community when I went to the grocery store and everyone and their brother asked if I was the person who bought the Walters’ place. Everyone here knows each other.” Taylor reiterates that living in Hutchinson-Monterey has been enjoyable, and that he and his family were able to integrate seamlessly into the community despite being a transplant. “After we moved here, my wife’s best friend moved down, and then her aunt did, and then my aunt did. They’re all staying, and so are we,” he says. “That says a lot about a community when people come to visit and decide they want to move out there.”
Homebuyers looking in Hutchinson-Monterey can expect to spend around $216 per square foot.
Homebuyers looking in Hutchinson-Monterey can expect to spend around $216 per square foot.
Homebuyers wanting extra living space can opt for a split-level home in Hutchinson-Monterey.
Homebuyers wanting extra living space can opt for a split-level home in Hutchinson-Monterey.
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City parks, Houston Oaks Golf Course and horse country

Four miles north, downtown Paris has several parks, including Bourbon County Park and American Legion Park. Bourbon County Park has a playground and paved walking paths, while American Legion Park has the same amenities, plus a dog park. Paris’ only 18-hole golf course is Houston Oaks, which is public but also offers memberships and is considered one of Kentucky’s top five golf courses per Golf Advisor. Hutchinson-Monterey is true Kentucky horse country, with many horse farms within the neighborhood. “A lot of the people around the area spend their time either farming or on horseback,” says Realtor Donna Thwaites. Residents can board their horses at Hickory Manor Farm’s stables and develop their riding skills at the Concord Equestrian Center. Nearby, Claiborne is one of Kentucky’s most famous Thoroughbred breeding farms. Visitors can book tours to learn more about the state’s history and the topics of horse breeding and racing, or to visit the memorial for the legendary Triple Crown winning horse, Secretariat.
Horse race enthusiasts of Hutchinson-Monterey can visit nearby Secretariat Park in Paris.
Horse race enthusiasts of Hutchinson-Monterey can visit nearby Secretariat Park in Paris.
Houston Oaks is an 18-hole golf course open to all Hutchinson-Monterey residents.
Houston Oaks is an 18-hole golf course open to all Hutchinson-Monterey residents.
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Buyers find or build their dream homes on large lots near Lexington

Real estate listings in Hutchinson-Monterey vary greatly. A quarter-acre lot lists for around $50,000, while 10 acres may list for $500,000. “Land alone is a big thing around here,” Thwaites says. “Many people want to build their own home and have private space for horse farms and big yards.” Those looking for an already developed property can sometimes find a more modest ranch-style or a New Traditional home on less than an acre for $250,000 to $450,000. Most of the neighborhood’s listings, however, consist of large single-family homes, or farmhouses on 10 or more acres. Prices for these homes start around $1 million and can get as high as $3 million.
Hutchinson-Monterey features New Traditional homes with golf course frontage.
Hutchinson-Monterey features New Traditional homes with golf course frontage.
Colonial Revivals with brick facades are prevalent in Hutchinson-Monterey.
Colonial Revivals with brick facades are prevalent in Hutchinson-Monterey.
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Bourbon County Schools

Students in Hutchinson-Monterey attend Bourbon County Schools. “We’re pretty proud of our school system,” Taylor says. “I’ve been impressed with it. They have a special needs system through the county that takes care of kids that other districts would turn away. They go above and beyond in that sense.” Parents can first enroll their children in the Bourbon County Preschool Head Start program, while afterward, they may attend one of three elementary schools: Cane Ridge, Bourbon Central or North Middletown. Cane Ridge and Bourbon Central receive C-plus grades from Niche and North Middletown gets a C rating. From there, students may then continue on to C-rated Bourbon County Middle School and the B-minus-rated Bourbon County High School. On the 2023-2024 Kentucky Summative Assessment, Bourbon County High School scored above the state average for student performance in science, social studies and combined writing; quality of school climate and safety; and postsecondary readiness.
Bourbon County High School offers Advanced Placement classes.
Bourbon County High School offers Advanced Placement classes.
Bourbon Central Elementary School is in Paris, Kentucky.
Bourbon Central Elementary School is in Paris, Kentucky.
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Getting to Paris, Lexington and Winchester

“Hutchinson-Monterey is conveniently located,” Thwaites says. “Winchester, Lexington and Paris are all maybe 10 to 15 minutes away.” Residents can take Kentucky 627 south for 20 miles to get to Winchester, Interstate 68 south for 20 miles to Lexington and Interstate 68 north for 4 miles to downtown Paris. There is no public transportation in Hutchinson-Monterey and the neighborhood is not walkable, so residents rely on cars to get around. The nearest medical center is the Bourbon Community Hospital, 7 miles north. The Blue Grass Airport is 25 miles southwest.

The Bourbon County Fair and Horse Show and The Bourbon Drive-In

Each June, the Bourbon County Fair and Horse Show is a weeklong celebration featuring live music, family-friendly parties, livestock shows, tractor pulls and more. Throughout the year, the Bourbon Drive-In, established in 1956, plays first-run movies on weekends. “The drive-in is pretty popular,” Taylor says. “It was nice during COVID - if you wanted to go to the movies, it’s the perfect way to do it. People will sit in their cars or pull chairs out. It’s a big community event.” He notes that aside from Caronero’s Cigar & Bourbon Bar in downtown Paris, there isn’t much nightlife in the area, and even that establishment (which is owned by the chief of police) doesn’t get too crazy. “They joke around here that they roll up the sidewalks at 10 p.m.,” he says. “There’s not much nightlife, but where it’s located, you can be in Lexington in half an hour, so you get the best of both worlds. It’s far enough away to where it’s quiet where you’re at.”

Farm-to-table restaurants and running errands in downtown Paris

Windy Corner Market welcomes visitors into horse country as they travel north out of Lexington. This market and corner store uses ingredients from Kentucky farmers to craft American fare, including their specialty po-boy sandwiches and other seafood dishes. The store also sells fresh baked goods, soft-serve ice cream and wine and beer from local producers. To the north, Jerry’s Family Restaurant, founded in 1961, is a franchise-turned-family-owned restaurant serving country-style breakfast, lunch and dinner. In downtown Paris, “There’s a large Walmart, some mom-and-pop grocery stores and some smaller local businesses,” says Taylor. We have about 10 Mexican restaurants. Most are smaller, family-owned and very authentic.” He elaborates on the dining scene: “We have a few restaurants that are almost always busy. One is located in a converted old train station – it’s called Trackside. I go there once a month at least. They have really good fried chicken and a Kentucky hot brown, which you have to have in Kentucky.”
Hutchinson-Monterey residents can order the famous Hot Brown at Trackside Restaurant in Paris.
Hutchinson-Monterey residents can order the famous Hot Brown at Trackside Restaurant in Paris.
Residents of Hutchinson-Monterey find a couple of local eateries on the road to Paris.
Residents of Hutchinson-Monterey find a couple of local eateries on the road to Paris.
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Crime

Hutchinson-Monterey has a 1 out of 10 CAP Index crime score, which is the lowest possible rating and well below the national average of 4.
Ellen Daly
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Ellen Daly
Ryan Minion
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Ryan Minion
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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

Interested in learning more about homes in this area? Reach out to Clay Thomas, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Blue Grass

36 min drive

Hutchinson-Monterey Demographics and Home Trends

Housing Trends

Median List Price
$469,990
Median Sale Price
$469,990
Median Single Family Sale Price
$499,999
Median Townhouse Sale Price
$370,923
Median Change From 1st List Price
0%
Last 12 months Home Sales
21
Median Home Sale Price YoY Change
24%
Average Price Per Sq Ft
$190

Neighborhood Facts

Number of Homes in Neighborhood
529
Number of Homes for Sale
3
Median Year Built
1999
Months of Supply
1.70
Average Single Family Home Size Sq Ft
2,463
Above the national average
1,924
Median Lot Size Sq Ft
13,503

Distribution of Home Values

Source: Public Records

Homes for Sale

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
2,597
Median Age
46
Population Density
1 person/acre
Population under 18
23%
On par with the national average
23.8%
Population over 65
22.7%
On par with the national average
19.1%

Finances

Median Household Income
$69,230
On par with the national average
$71,702
Average Household Income
$101,189

Education and Workforce

High School Graduates
91%
College Graduates
28.9%
Below the national average
34.1%
Advanced Degrees
11.3%
% Population in Labor Force
58.7%
Below the national average
65.1%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
21°F
Average Summer High Temperature
86°F
Annual Snowfall
20''

Area Factors

Somewhat Bikeable

Bike Score®

18 / 100

Car-Dependent

Walk Score®

0 / 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.

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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
Hutchinson-Monterey