$335,000
 $1,798 est/mo Sourced by Back At You

481 Severn Way,Lexington, KY 40503

Lexington, KY 40503

Share:

Description

For the first time since it was built in 1974, this one-owner Open Gates home is ready for its next chapter! Located in one of Lexington's most convenient established neighborhoods, you'll have quick access to Nicholasville Road, Harrodsburg Road, downtown Lexington and the University of Kentucky. The split-foyer design provides comfortable living space across both levels. Upstairs, the living room flows into the dining area, where glass doors extend the space onto the rear deck overlooking the fenced backyard. Three bedrooms and a full bath complete the main level, while downstairs offers a second gathering space anchored by a brick fireplace with gas logs. A fourth bedroom and full bath add flexibility for guests, a home office or additional living space, with the utility room and oversized one-car garage rounding out the lower level. This is a home with the space, layout and location to become something special. Bring your ideas, choose the finishes and make the updates that fit your style rather than paying for someone else's choices. With a fenced backyard, four-bedroom, two-bath layout and a sought-after Open Gates location, the foundation is here. Now it's ready for someone with a vision to make it their own.

Details

MLS #26021990
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1974
Days On Site23
Listing Provided ByReal Broker, LLC - Lexington | Nicholas Ratliff

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,190
Garage1
BasementY
Acreage0.21

Interior

Rooms Total12
CoolingElectric, Heat Pump
HeatingElectric, Heat Pump
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesCeiling Fan(s), Eat-in Kitchen, Entrance Foyer
Window FeaturesBlinds
AppliancesDishwasher, Microwave, Range, Refrigerator

Exterior

RoofShingle
Construction MaterialsBrick Veneer
Foundation DetailsBlock
Lot FeaturesFew Trees
FencingChain Link, Wood

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo
Parking FeaturesAttached Garage, Basement, Driveway, Garage Faces Front

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40503
Area004 Fayette County SW
SubareaFayette County SW
Community NameOpen Gates
School DistrictFayette County
Elementary SchoolClays Mill
High SchoolLafayette
Listing VS Median (in Open Gates)
Price:
$335,000
low | high
Med:
$365,000
41.044776119403% of Average
sqft:
2,190
low | high
Med:
1,295
90.867579908676% of Average
$ / sqft:
$153
low | high
Med:
$282
34.256324554832% of Average
On site:
23
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 40503

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Elite Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

StateKY
CountyFayette
CityLexington
Zip Code40503
Area004 Fayette County SW
SubareaFayette County SW
Community NameOpen Gates
School DistrictFayette County
Elementary SchoolClays Mill
High SchoolLafayette
Listing VS Median (in Open Gates)
Price:
$335,000
low | high
Med:
$365,000
41.044776119403% of Average
sqft:
2,190
low | high
Med:
1,295
90.867579908676% of Average
$ / sqft:
$153
low | high
Med:
$282
34.256324554832% of Average
On site:
23
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $251K - $418K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
344 Stonegate Way Property Photo 1
$1,895
344 Stonegate Way
Lexington, KY 40503
Listing Updated: August 14, 2026 at 3:16:39 AM PDT