Fayette County Homes under $400,000

Fayette County Homes under $400,000

Welcome to Fayette County, a vibrant gem nestled in the heart of Kentucky, where the charm of small-town living meets the dynamic energy of Lexington. Known for its rich history, picturesque landscapes, and a strong sense of community, Fayette County offers an ideal setting for families, professionals, and retirees alike.

Lexington, the county seat, is often referred to as the "Horse Capital of the World," and for good reason. With its lush horse farms, thoroughbred racing, and equestrian events, the area boasts a unique blend of rural beauty and urban sophistication. Residents enjoy easy access to a variety of cultural attractions, including museums, theaters, and a thriving culinary scene that showcases local flavors.

For those looking to call Fayette County home, you'll be delighted to discover a diverse selection of homes available for under $400,000. Whether you’re seeking a charming single-family home, a cozy townhouse, or a modern condo, there’s something for everyone in this price range. Many of these properties feature spacious yards, updated interiors, and are conveniently located near schools, parks, and shopping centers.

The real estate market in Fayette County is thriving, making it an opportune time to invest in your dream home. With a blend of affordability, quality, and community spirit, Fayette County is not just a place to live; it’s a place to flourish. Come explore the possibilities and discover why so many have chosen to make this enchanting area their home!

Newest Fayette County Homes under $400,000

3475 Lyon Dr Unit 50, Lexington
$324,900
3 Beds ⋅ 3 Baths ⋅ 26027306 MLS
Welcome home to Quail Run, a beautifully landscaped, professionally managed Lexington townhome community. A pool, tennis, clubhouse and other recreational facilities await you. This 3 bedroom, 2 full and 1 half bath unit also has a bonus second floor room (no closet) that can be used as an additional guest room. With over 2100 square feet, 2 private patios and a 1 car garage, this one is sure to check all of the boxes. Huge first floor living room features a beautiful fireplace - just in time from crisp fall temperatures; with a new chimney ( 4 years old.) On the first floor also find a large dining room - connected conveniently to the kitchen. A half bath, laundry room and a breakfast nook with another private patio - round out the first floor. PLUS, plenty of room to enjoy the outdoor with 2 private patios - one off of the living room and one off of the breakfast nook. On the second floor find the huge primary bedroom with a full bath and a walk-in closet, plus 2 additional bedrooms and a full bathroom PLUS a bonus room ideal for guests or a home office/craft room. Pride in ownership is evident with a new roof (2026), new custom 6" gutters (2026), water heater (2022), some replacement windows, a new screen door (front) and new gate leading to the front patio. This is an opportunity not to be missed. Professional photographs 10-7-26

3475 Lyon Dr Unit 50, Lexington
3276 Mount Foraker Dr, Lexington
$249,000
4 Beds ⋅ 2 Baths ⋅ 26027675 MLS
Welcome to 3276 Mount Foraker Drive — a beautifully updated 1,800-square-foot home offering 4 bedrooms and 2 full bathrooms, plus a finished basement for even more living space. Conveniently located central to all of Lexington's amenities, this home combines comfort, style, and an unbeatable location. The kitchen is a true standout, featuring quartz countertops, stainless steel appliances, and all new plumbing and light fixtures. New light and plumbing fixtures continue throughout the rest of the home, adding a fresh, cohesive feel in every room. Both bathrooms have been beautifully updated with tile showers and tile flooring for a polished, modern look. Outside, you'll love the massive backyard — plenty of space for entertaining, play, or simply enjoying the outdoors. With quality updates throughout and a location that puts you close to everything Lexington has to offer, this home is a must-see. Schedule your showing today! Buyer to verify sq ft.

3276 Mount Foraker Dr, Lexington
3804 Mcgarry Dr, Lexington
$324,900
3 Beds ⋅ 1 Baths ⋅ 26027660 MLS
Welcome home! This charming 3-bedroom, 1-bath home offers comfortable living spaces, thoughtful updates, and plenty of storage. The spacious living room, kitchen, and dining area feature large vaulted ceilings, creating an open and airy feel throughout the main living spaces. The kitchen includes a convenient dining area, while the tall cabinetry provides exceptional storage, complemented by a pantry for even more functionality. Enjoy your morning coffee or unwind in the inviting heated and cooled sunroom, providing a wonderful additional living space to enjoy year-round. The bathroom features a new walk-in shower designed with both comfort and convenience in mind. Every detail was thoughtfully considered, including the faucet placement for easy access before entering the shower, a built-in bench, a hands-free glass door for easy entry, and a sturdy grab handle for added stability when needed. The spacious primary suite offers a peaceful retreat with beautiful views of the backyard, creating a private and relaxing atmosphere. A generously sized walk-in closet provides an abundance of storage and functionality, offering plenty of room to keep everything organized while adding to the comfort and convenience of this inviting space. Outside, the new privacy fence creates a wonderful private setting for pets, entertaining, gardening, or simply enjoying your outdoor space. With its spacious vaulted ceilings, functional kitchen, year-round sunroom, thoughtful bathroom updates, and new privacy fence, this home offers a wonderful combination of comfort, character, and convenience and is ready for its next owner!

3804 Mcgarry Dr, Lexington
2540 Lindenhurst Loop, Lexington
$339,800
4 Beds ⋅ 4 Baths ⋅ 26027650 MLS
Investment opportunity featuring two adjoining townhomes being offered together as one package. 2540 and 2542 Lindenhurst Loop are separately deeded properties, each offering approximately 1,000 sq. ft. with 2 bedrooms and 1.5 baths. Both units are currently tenant occupied, providing immediate rental income for the new owner. Conveniently located near Richmond Road, Hamburg, Man O' War Boulevard and I-75, with easy access to shopping, dining and employment centers. An excellent opportunity to acquire two rental units in one transaction while retaining the flexibility of two separately deeded properties.

2540 Lindenhurst Loop, Lexington
225 Mousas Way, Lexington
$179,900
2 Beds ⋅ 3 Baths ⋅ 26027643 MLS
Well-located 2-bedroom, 2.5-bath townhouse offering 1,088 sq. ft. of living space in the Todds Station area. Conveniently located near Richmond Road and New Circle Road with easy access to shopping, dining and major roadways. The roof was replaced approximately 3 years ago, providing an important recent improvement. This property offers an opportunity for an owner-occupant looking for an affordable home or an investor seeking a rental property in a convenient Lexington location.

225 Mousas Way, Lexington
3905 Sundart Dr, Lexington
$340,000
2 Baths ⋅ 26027632 MLS
Welcome home to this beautifully updated 3-bedroom, 2-bath story-and-a-half situated on a spacious corner lot on the south side of Lexington! From the moment you arrive, you'll appreciate the home's fresh curb appeal, welcoming front porch, and large yard. Inside, you'll find fresh paint and new flooring throughout the main level and finished walkout basement, creating a move-in-ready space. The remodeled kitchen is the heart of the home, featuring stylish cabinetry, stainless steel appliances, quartz countertops, a large center island, and plenty of workspace for cooking and entertaining. The kitchen flows seamlessly into the impressive vaulted family room, where exposed wood beams, a wood-burning fireplace, and abundant natural light create a warm and inviting atmosphere. The first-floor primary bedroom offers the convenience of main-level living, while two additional bedrooms and a full bath upstairs provide comfortable accommodations for family or guests. The finished walkout basement adds a tremendous amount of flexible living space, perfect for a recreation room, home office, gym, or media room. Step outside to enjoy the large, privacy-fenced backyard with plenty of room for pets, play, gardening, or entertaining. Conveniently located just minutes from Man o' War Boulevard, shopping, dining, parks, and schools, this home combines updated finishes, functional living space, and an excellent location. Don't miss your opportunity to make this one yours!

3905 Sundart Dr, Lexington
3509 Mellinocket Ct, Lexington
$350,000
4 Beds ⋅ 2 Baths ⋅ 26027616 MLS
Welcome home to this inviting split-foyer tucked away on a quiet cul-de-sac in Robinwood! Featuring 4 bedrooms and 2 full baths, this home offers a comfortable layout with hardwood flooring beneath the carpet on the main level and a cozy fireplace in the basement. Enjoy the convenience of a 1-car attached garage along with a deck that provides a great spot for relaxing or entertaining outdoors. With its peaceful setting and desirable features, this home is ready for its next chapter. Schedule your showing today!

3509 Mellinocket Ct, Lexington
1037 Lemon Rue Way, Lexington
$310,000
3 Beds ⋅ 2 Baths ⋅ 26027601 MLS
Charming, polished and truly turn-key, this beautifully updated one-level home is filled with natural light and remodeled to perfection! A gracious front porch framed by fresh new landscaping creates a welcoming first impression and hints at the stylish interior. Inside, the home feels effortlessly fresh, with new paint, new flooring and designer light fixtures complementing beautifully appointed kitchen and baths. The kitchen pairs crisp white cabinetry with gorgeous hardware and elegant marble countertops to create a space that is as pretty as it is practical. A new washer and dryer, new blinds, and new front and back doors add to the list of thoughtful improvements. Perfectly scaled for easy living, this is the kind of home that invites you to settle in, open the windows, pour something cold and enjoy the simple pleasures of home. Adorable, beautifully refreshed and ready for its next chapter. Consider yourself warned—this little charmer won't be on the market for long!

1037 Lemon Rue Way, Lexington
568 Mitchell Ave, Lexington
$389,500
3 Beds ⋅ 2 Baths ⋅ 26027586 MLS
Charming Southland Cape Cod features three bedrooms, two full baths, and an unfinished basement. This classic home showcases hardwood floors, a cozy fireplace, updated kitchen and baths, and a dual-zone HVAC system for year-round comfort. The private second-floor primary suite offers a spacious bedroom, full bath, and walk-in closet. Laundry room is conveniently located on main level. Enjoy outdoor living on the wood deck overlooking the expansive, level, fully fenced backyard, perfect for entertaining, pets, or play. A detached 1.5-car garage provides additional storage and workshop space, while the newer 120-foot concrete driveway offers ample off-street parking. Ideally located within walking distance of Southland shops, restaurants, and Farmer's market, with convenient access to elementary, middle, high and parochial schools. Not far from UK, this move-in ready home seamlessly combines timeless character, thoughtful updates, and a highly sought-after Lexington location.

568 Mitchell Ave, Lexington
3820 Wem Dr, Lexington
$270,000
3 Beds ⋅ 2 Baths ⋅ 26027561 MLS
Location, Location, Location! This super cute ranch home is located in Devondale Subdivision within one mile of The Summit for shopping, eating, and entertainment. Home featuring 3 bedrooms and family area off eat-in kitchen with bar. Newly renovated 2 full bathrooms. Main bedroom suite has walk-in shower and washer dryer off full bathroom. Attached metal carport and additional storage building. Fully fenced yard with patio and firepit graveled area to enjoy special times and fun cookouts.

3820 Wem Dr, Lexington
436 Lindberg Dr, Lexington
$145,999
3 Beds ⋅ 1 Baths ⋅ 26027530 MLS
INVESTMENT OPPORTUNITY or affordable housing option in Lexington! This property offers the opportunity to build equity with several recent improvements already completed. Updates include replaced stairs, reinforced flooring in the front room, new LVP flooring in select areas, a new stove in 2026, and a new water heater in 2026. With additional updates and some vision, this property could make a great investment, rental, or affordable primary residence. Conveniently located near downtown Lexington, shopping, dining, parks, and major roadways. A great opportunity for an investor or buyer looking for an affordable home with improvements already underway!

436 Lindberg Dr, Lexington
3108 Arrowhead Dr, Lexington
$324,900
3 Beds ⋅ 3 Baths ⋅ 26027515 MLS
ASK ABOUT SPECIAL FINANCING OPPORTUNITIES! Seller is offering a 2-1 Buydown program with an acceptable offer if financing is done though their preferred lender! Charming, Well-Maintained Home in a Convenient Location! Located just off Harrodsburg Road and Clays Mill Road, this inviting two-story home offers a wonderful combination of comfort, convenience, and charm. The spacious, level fenced rear yard features mature landscaping and provides plenty of room for outdoor entertaining, pets, gardening, or simply enjoying your own private retreat. Inside, the welcoming living room flows seamlessly into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. The kitchen features beautiful oak cabinetry, updated appliances, and an abundance of countertop workspace. A convenient half bath is located just off the laundry area. The first-floor primary bedroom offers the convenience of a private full bathroom and generous closet space. Upstairs, you'll find additional spacious bedrooms along with a full bathroom, providing plenty of room for family, guests, or a home office. Additional highlights include a two-car attached garage with opener and remotes, mature landscaping, and a thoughtfully designed floor plan. This well-maintained home is truly move-in ready and offers a location that is hard to beat--close to shopping, dining, schools, and major roadways. A charming home, a great yard, and an incredibly convenient location--all at a price that makes it a must-see!

3108 Arrowhead Dr, Lexington
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