$425,000

1981 Favell Court, Lexington, KY 40503

4 beds |
3 baths |
2,152 sqft

Single-Family Home
Built in 1976
0.27acre lot
2 car garage
$197/sqft
Listed 10 days ago

Property Description

Some opportunities are defined by their potential. Others by their setting. This home offers both. Perfectly positioned in sought-after Grasmere, this tri-level enjoys one of the neighborhood's most coveted views—overlooking a picturesque four-board fenced horse farm, a setting that rarely becomes available, especially at this price point. Lovingly cared for by the same owners for decades, the home reflects years of pride in ownership. While many buyers may choose to update the kitchen and baths over time, there's no need to tackle everything at once. Stainless steel appliances have already been updated, the home has been well maintained, and it's comfortable and move-in ready from day one. The versatile tri-level floor plan offers multiple living spaces, generous room sizes, and an in-ground pool, creating plenty of room to relax, entertain, and make memories for years to come. Some features can be renovated. A setting like this cannot. If you've been waiting for the chance to own a home with an extraordinary view in one of the area's most established neighborhoods, this is an opportunity worth seeing.

Listing Status:: Pending
Date Added:: June 25, 2026
Data Last Updated:: July 5, 2026 at 6:38AM
Listing Office:: ERA Select Real Estate : 859-296-1525
MLS ID:: 26014992

General: Breakfast BarEat-in KitchenCeiling Fan(s)
Appliances: DishwasherMicrowaveRefrigeratorRange
Laundry: Electric Dryer HookupWasher Hookup
Basement: Bath/StubbedFinished
Flooring: CarpetCeramic TileHardwood
A/C: Heat Pump
Heating: Heat Pump
Fireplace: Family RoomFireplaceFireplaces: 1

Pool: In Ground
Parking: Attached GarageDrivewayGarage Door Opener

Roofing: Dimensional Style
General: Brick VeneerWood SidingThree Or MoreMulti/SplitBlock

Originating MLS: Imagine MLS (Bluegrass REALTORS®)
School District: Fayette County - 1
County: Fayette

Zoning: 26166688
View: FarmView
Fencing: PrivacyWood

Water: Public
Sewer: Public Sewer

Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of ERA Select Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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