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Shetland

Shetland

Neighborhood in Versailles, Kentucky

Woodford County 40383

$414,963 Average Value
$194 Average Price per Sq Ft
13 Homes For Sale

Mixing suburban and peaceful rural living

The neighborhood of Shetland once included Huntertown, a small village established in 1817 by U.S. Colored Troops veteran Jerry Gatewood, as a community for African Americans following the Civil War. A neighborhood park pays homage to the former village and also serves as a convenient spot for relaxing or holding a picnic. Located along the outskirts of Versailles, today Shetland is a peaceful rural community with proximity to amenities like the largest Kroger in the state of Kentucky. The neighborhood is also home to the highly rated Huntertown Elementary School and features extensive walking paths that provide residents with scenic farmland views. Nearby, Versailles' historic downtown is also under 2 miles away. “We love it. It’s a great place to raise kids, and it has a very friendly community. A lot of the houses here have decent lot sizes, where you’re not right on top of your neighbor,” says Lauren Jacobs, a 26-year resident of the community and owner of the Cheerful Baker.
Shetland offers large, higher-end homes with contemporary construction.
Shetland offers large, higher-end homes with contemporary construction.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
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Late 20th-century ranch-style houses and contemporary Traditionals

Shetland has mature oaks and maple trees that blanket lawns and sidewalks with their colorful leaves during the fall. And although the neighborhood has its share of new housing options, the developers have left the trees intact. “I love the outdoors, the trees, the beautiful rolling hills. When there’s new construction, that’s usually wiped out,” Jacobs says about the scenery she continues to enjoy here. Shetland is primarily comprised of single-family homes featuring ranch-styles, contemporary Traditionals and Colonial Revivals built between the mid-1990s and today. A few modern houses also feature English Tudor and Queen Anne architectural influences, but these are the outliers. Single-family homes under 2,000 square feet can cost between $130,000 and $250,000, while many larger more contemporary builds run between $400,000 and $700,000.
Some Shetland subdivisions features single-story and 1.5 story homes.
Some Shetland subdivisions features single-story and 1.5 story homes.
The Shetland neighborhood features family-sized, luxury homes with newer construction styles.
The Shetland neighborhood features family-sized, luxury homes with newer construction styles.
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Relaxing views at Huntertown park and sports at Falling Springs Center

In addition to the beautiful views and walkability, dog owners enjoy bringing their pets out to the Huntertown Community Interpretive Park. While at the park, visitors may spot the iron placard which details the history of the Huntertown community. A few miles east, is the Falling Springs Center, a 72,000-square-foot recreational facility that also includes a performing arts center. Basketball players will find a few courts for pickup games, while an elevated track gives joggers a place to run during inclement weather. Swimmers can also get some practice in at the center’s 8-lane pool. The facility also neighbors the Graviss McDonald’s Disc Golf Course.
Shetland dog-owners enjoy a cool Autumn day.
Shetland dog-owners enjoy a cool Autumn day.
Shetland readers can visit the Woodford County Library in downtown Versailles.
Shetland readers can visit the Woodford County Library in downtown Versailles.
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Served by highly rated Woodford County schools

Huntertown Elementary and Southside Elementary schools are within this community, and both get A-minus grades from ratings site Niche. Jacobs praises Huntertown Elementary, in particular, saying "The neighborhood has what I think is the best elementary school right there, and you can walk to it from my house.” In addition to its strong grade, Niche ranks Huntertown as the best public elementary school in Woodford County. Students here may then go on to Woodford County Middle and High schools, which, respectively, receive A and B-plus grades from Niche. The ratings site also ranks the middle school among the 15 best public middle schools in the state. At the high school level, the Woodford County boys’ club lacrosse team not only went undefeated but also won its first-ever state championship in the spring of 2024.
Woodford County Middle School in Versailles, Kentucky.
Woodford County Middle School in Versailles, Kentucky.
Southside Elementary School, where great minds meet.
Southside Elementary School, where great minds meet.
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Within minutes of Versailles and Woodford County festivals

Shetland is minutes from Versailles’ many annual celebrations, like the Versailles Twilight Festival. Held in early September, hundreds flock to this city’s downtown to browse artist booths, jump in the bounce house, ride the mechanical bull or participate in the hay bale tossing contest. Shetland is also a few miles from the Jack Kain Ford dealership, the site of the area’s annual Fall Festival held in late October. This relatively new event showcases vintage cars, food trucks and live music. For the Fourth of July, the Falling Springs Center hosts the Versailles and Woodford County Independence Day celebrations, and the center also neighbors the site of the Woodford County Fair, a nearly seven-decade-old festivity that occurs over several days every May and June. Fair events include everything from beauty pageants to livestock shows.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
The Woodford County Farmers Market now has vendor space outside, under the pavilion and indoors.
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U.S. Highway 60 commuter route to Lexington and Frankfort

The neighborhood is less than 2 miles from downtown Versailles. Many here drive and commute throughout the region via major routes like Lexington Road — also known as U.S. Highway 60. The highway stretches all the way to downtown Lexington, which is about 13 miles east of Versailles. U.S. 60 also goes to Frankfort, the state capital, about 15 miles north of Versailles. Neighborhood residents planning to go on out-of-state flights are about 8 miles or 15 minutes from the Blue Grass Airport. Versailles’ Bluegrass Community Hospital is the nearest major health care facility. The hospital has a Wound Care Center and recently grew its cardiology team. Versailles residents can also travel to Lexington institutions like the Albert B. Chandler Hospital to receive medical care.
Shetland residents visit downtown Versailles for a place to socialize, shop and eat.
Shetland residents visit downtown Versailles for a place to socialize, shop and eat.
Shetland is a bedroom neighborhood with quick access to Lexington and downtown Versailles.
Shetland is a bedroom neighborhood with quick access to Lexington and downtown Versailles.
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Doughnuts, Tex-Mex and craft beers on Lexington Road

Shetland is also close to several lunch and dining spots along Lexington Road. Morning commuters heading into Lexington can stop by Doughdaddy’s Doughnuts, which is run out of a convenience store. In addition to conventional doughnuts, the shop makes eclair-style pastries and muffins. Callie’s Homestyle Restaurant is a local staple serving hearty options like cheeseburgers and fried fish served with sides of onion rings and coleslaw. El Tapatio serves Tex-Mex fare and stays busy during the lunch and dinner hours. Versailles Brewing Company features ales and menu options like the pretzel and beer cheese platter, fish and chips and burgers served with beer-battered onion rings. Kroger is the nearest grocery store.
Visitors find a spot to socialize and relax at The Amsden, near Shetland.
Visitors find a spot to socialize and relax at The Amsden, near Shetland.
Ricardo's Grill & Pub is a converted train station near Shetland.
Ricardo's Grill & Pub is a converted train station near Shetland.
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Important to know

Shetland has an overall CAP Index crime score of 2 out of 10, which is half the national average.
Yann Ranaivo
Written By
Yann Ranaivo
Ryan Minion
Photography Contributed By
Ryan Minion
Austin Lewis
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Austin Lewis

Agents Specializing in this Area

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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 David Humes, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Blue Grass

13 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Shetland US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Shetland Demographics and Home Trends

Housing Trends

Median List Price
$422,450
Median Sale Price
$398,203
Median Single Family Sale Price
$407,500
Median Townhouse Sale Price
$413,450
Median Change From 1st List Price
0%
Last 12 months Home Sales
101
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$194

Neighborhood Facts

Number of Homes in Neighborhood
1,427
Number of Homes for Sale
13
Median Year Built
2007
Months of Supply
1.50
Average Single Family Home Size Sq Ft
2,553
Above the national average
1,933
Average Townhouse Size Sq Ft
2,073
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, Jun 14
    1 - 3pm

    478 Mission Dr, Versailles, KY 40383

    $639,000

    • 3 Beds
    • 3.5 Baths
    • 2,790 Sq Ft
    • 478 Mission Dr
    • New 2 days ago

    Move in Ready, this stunning 3-bed, 3.5-bath home blends modern Southern charm with timeless design. Built in 2022, it features Hardie board siding, black windows, a deep covered front porch, and one-level living with an added bonus second floor. Inside, enjoy hardwood floors, natural light, and an open concept layout connecting the living, dining, and kitchen spaces. The oversized kitchen

    Melia Hord Keller Williams Bluegrass Realty

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  • Saturday, Jun 14
    1 - 5pm

    630 Wroughton Dr, Versailles, KY 40383

    $508,359

    • 3 Beds
    • 2 Baths
    • 2,418 Sq Ft
    • 630 Wroughton Dr

    The Marshall plan is an open layout ranch with three bedrooms and two baths. Main living areas include a flex room open to the entry and a large family room with fireplace. The kitchen features a serving/dining counter, breakfast area, and pantry. A covered patio is included at the rear of the home and sheltered by the breakfast area and primary bedroom wings of the house for maximum privacy. The

    Benjamin Brown Christies International Real Estate Bluegrass

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Distribution of Home Values

Source: Public Records

Homes for Sale

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

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,716
Median Age
43
Population Density
4 ppl/acre
Population under 18
26.3%
On par with the national average
23.8%
Population over 65
19.9%
On par with the national average
19.1%

Finances

Median Household Income
$95,513
Above the national average
$71,702
Average Household Income
$103,379

Education and Workforce

High School Graduates
90.8%
College Graduates
47.9%
Above the national average
34.1%
Advanced Degrees
21.6%
Above the national average
13.3%
% Population in Labor Force
68.7%

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®

30 / 100

Car-Dependent

Walk Score®

2 / 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
Shetland