Listing provided courtesy of Berkshire Hathaway de Movellan Properties- MLS# 26014179MLS Provider

501 Lake Valley DriveLexington, KY 40509

Single Family · 4 Beds · 4 Full Baths · 4,157 Sq. ft. | 0.28 Acres
$649,500 Pending

501 Lake Valley Drive Overview

Time on Site:
8 days
Visits:
0

Welcome to this well-maintained home in the desirable Andover Hills neighborhood! Offering 4 bedrooms and 4 full baths, this spacious home features a versatile main-level bedroom and full bath, along with an additional flex room perfect for a home office, guest room, or playroom. The heart of the home is the inviting kitchen, complete with ample cabinetry, stainless steel appliances, a cozy breakfast nook, and a double-sided fireplace shared with the family room, creating a warm and welcoming atmosphere for everyday living and entertaining. Upstairs, you'll find a spacious primary suite with a private bath and walk-in closets, along with two additional bedrooms connected by a generous landing area and full bath. The finished walkout basement provides even more living space, featuring a media/movie area, wet bar, full bath, and an additional flex room ideal for a home gym, hobby room, or guest space. Those needing extra storage will appreciate both the attached 2-car garage and the utility garage located in the basement. Conveniently located near Hamburg's shopping, dining, and entertainment options, with quick access to I-75, this home combines space, functionality, and an excellent location.

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501 Lake Valley Drive Facts & Features

  • Type Single Family
  • Sq. ft. 4,157
  • Price/Sq.ft. $156
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee: 465.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds
  • Association: true

School Information

  • Elementary School: Athens-Chilesburg
  • Middle Or Junior School: Edythe J. Hayes
  • High School: Frederick Douglass

Building Information

  • Year Built: 1999

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 002 - Fayette County NE
  • MLS Area Minor: 002 - Fayette County NE
  • Subdivision Name: Andover Hills

Community/Development

  • Community Features: Park

General Information

  • Parcel Number: 19998880
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 3006.0
  • Below Grade Finished Area: 1151.0
  • Building Area Total: 4157.0

General Information

  • Appliances: Disposal,Dishwasher,Microwave,Refrigerator,Range
  • Fireplace Features: Family Room,Kitchen,Masonry,Wood Burning
  • Fireplace: true
  • Fireplaces Total: 1
  • Flooring: Carpet,Hardwood,Tile
  • Foundation Details: Concrete Perimeter
  • Interior Features: Breakfast Bar,Eat-in Kitchen,Wet Bar,Walk-In Closet(s),Ceiling Fan(s),Soaking Tub
  • Laundry Features: Electric Dryer Hookup,Main Level,Washer Hookup
  • Levels: Two
  • Living Area: 4157.0
  • Living Area Source: Appraiser
  • Other Equipment: Irrigation Equipment
  • Rooms Total: 13
  • Security Features: Security System Leased
  • Window Features: Blinds

Exterior

Parking Information

  • Parking Features: Attached Garage,Basement,Driveway,Garage Door Opener,Garage Faces Front,Garage Faces Side

Lot Information

  • Lot Features: Landscaped,Few Trees
  • Lot Size Acres: 0.276
  • Lot Size Area: 0.28
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12009.0
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • View: false
  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Colonial
  • Attached Garage: false
  • Construction Materials: Stone,Vinyl Siding
  • Roof: Shingle
  • Structure Type: House

General Information

  • Carport: false
  • Fencing: Wood
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

501 Lake Valley Drive Neighborhood

Community

40509 (Lexington) Demographics

36
Median Age
1,026
Population Density (per sq. mile)
62%
College Educated
$79,977
Estimated Median Income
10,909
Estimated Total Home Owners
6,160
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

501 Lake Valley Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

501 Lake Valley Drive Market Data

Based on the last 30 days in this zip code

$575,979
Average List Price
$213
Average Price per Square Foot
66
Properties Sold
97
Average Days on Market
257
Properties for Sale
Calculations provided by Reliance Network

501 Lake Valley Drive History

Date Event Value Agent
6/24/2026Source: Imagine MLS/Bluegrass Status Change
Pending
6/22/2026Source: Imagine MLS/Bluegrass Added to Database
June 22, 2026