Gainesway Homes under $400,000

Gainesway Homes under $400,000

Welcome to Gainesway, a vibrant and welcoming subdivision nestled in the heart of Lexington, Kentucky. Known for its picturesque streets and lush green spaces, Gainesway offers a perfect blend of suburban tranquility and urban convenience. With its prime location in Fayette County, residents enjoy easy access to the best that Lexington has to offer, from local shops and restaurants to parks and recreational facilities.

One of the standout features of Gainesway is its diverse range of homes, many of which are priced under $400,000. This makes it an ideal choice for first-time homebuyers, families, and anyone looking to invest in a thriving community without breaking the bank. The homes in Gainesway boast charming architectural styles, spacious layouts, and well-maintained yards, providing a warm and inviting atmosphere for residents.

Families will appreciate the strong sense of community in Gainesway, where neighbors often come together for seasonal events and gatherings. The nearby schools are highly regarded, ensuring that children receive a quality education in a nurturing environment. Additionally, the subdivision is conveniently located near major roadways, making commutes to downtown Lexington and surrounding areas a breeze.

Whether you're seeking a cozy starter home or a place to raise your family, Gainesway offers a variety of options to suit your needs. Embrace the opportunity to live in a friendly neighborhood that perfectly balances comfort, accessibility, and affordability. Come explore Gainesway today and discover the perfect place to call home!

Newest Gainesway Homes under $400,000

1026 Claiborne Way, Lexington
$395,000
4 Beds ⋅ 2 Baths ⋅ 26028444 MLS
Welcome to 1026 Claiborne Way! This charming 1.5-story brick Cape Cod in popular Gainesway offers plenty of finished living space that is packed with several updates! Come inside to find a welcoming entry foyer, hardwood flooring, and cozy wood-burning fireplaces in both the living room and lower level. The main floor features convenient bedroom accommodations and a full bathroom, while upstairs boasts two additional bedrooms and a beautifully remodeled full bathroom (2026). The kitchen comes equipped with a new dishwasher (2024) and opens directly out to a newly replaced deck platform, which leads down to a custom stone patio (2024) and a generous, fenced backyard—ideal for outdoor entertaining! Additional peace of mind comes from a replaced HVAC system (2023) and new gutters (2022). Downstairs, the basement provides a flexible second living area, laundry, dedicated unfinished storage, and a rear-entry 1-car garage. All located just minutes from Tates Creek Road, parks, shopping, and New Circle Road. Schedule your private showing today!

1026 Claiborne Way, Lexington
1046 Elmendorf Dr, Lexington
$389,900
3 Beds ⋅ 3 Baths ⋅ 26027723 MLS
Welcome home to this beautifully updated 3-bedroom, 2.5-bath home, offering plenty of space and thoughtful features throughout! The spacious kitchen is a standout, featuring an abundance of cabinet space, tile backsplash, and stainless steel appliances. The comfortable primary suite includes a private bath, while two additional generously sized bedrooms provide plenty of room for family, guests, or a home office. The home also features a gorgeous tile walk-in shower. The partially finished basement offers even more versatility, with an additional room that could easily serve as a 4th bedroom, home office, playroom, or flex space. The large garage is a true bonus, featuring a separate workshop area complete with cabinets, along with additional unfinished storage space for all your organizational needs. Inside, the inviting living room offers a cozy fireplace with gas logs and a convenient remote for easy operation. Outside, you'll love the large, fully fenced lot, providing plenty of space for entertaining, relaxing, or letting the pets play. Speaking of pets, the home also features a convenient dog wash, which could easily be converted back to a utility sink if desired. Best of all, this home is move-in ready with major updates already taken care of. The roof, furnace, and water heater are all less than a year old, giving you added peace of mind from day one. With its spacious layout, updated features, flexible living spaces, large garage, and expansive fenced yard, this home truly has so much to offer. Schedule your private showing today before it is gone! Special financing available through the Neighborhood Housing Program for this property!

1046 Elmendorf Dr, Lexington
1044 Elmendorf Dr, Lexington
$312,000
3 Beds ⋅ 2 Baths ⋅ 26026845 MLS
Welcome home to this 3 bedroom, 1.5 bathroom ranch just outside New Circle Road, where everyday convenience meets breathing room. The large covered porch with a swing is ready for morning coffee or chats with neighbors, overlooking welcoming and green landscaping. Step inside to an open layout designed for entertaining. The living area flows easily into the surrounding dining and kitchen spaces, so hosting friends and family feels effortless. Brand-new custom built-in bookcases frame the living room, adding warmth, character, and plenty of space for your books, collections, and favorite décor. A versatile bonus room gives you flexibility to fit your lifestyle: home office, playroom, reading nook, or media lounge. Out back, the spacious lot is a rare find. Plant a vegetable garden, cultivate flower beds, or give pets plenty of room to roam. A brand-new, oversized shed on leveled foundation provides ample storage for tools, lawn equipment, and weekend projects. Sellers are leaving everything you need to make the yard your own - electric wheelbarrow, mower, trimmer, and other yard tools, most are less than one year old. Single-level living and outdoor space to spare, all in a convenient location.

1044 Elmendorf Dr, Lexington
3486 Sutherland Dr, Lexington
$174,500
3 Beds ⋅ 3 Baths ⋅ 26026335 MLS
Rare Find in Gainesway! This spacious 3-bedroom, 2.5-bath townhome offers comfortable, low-maintenance living in Lexington's established Gainesway neighborhood. Well cared for and move-in ready, the home features an HVAC system and water heater both approximately six years old, along with newer French doors at the back of the home that add both style and functionality. The townhome includes two dedicated parking spaces, and the HOA covers lawn care, snow removal, access to the pool, and clubhouse. Even better, the pool is just steps from the back door, making it incredibly convenient to enjoy during the warmer months. With three bedrooms, two full baths plus a half bath, updated mechanicals, newer French doors, community amenities, and a great location within Gainesway, this townhome is a rare opportunity. **Schedule your showing today!**

3486 Sutherland Dr, Lexington
1011 Castleton Way, Lexington
$398,000
3 Beds ⋅ 3 Baths ⋅ 26026323 MLS
Wonderful opportunity on this 3 bedroom 2.5 bathroom home conveniently located in Gainesway Neighborhood offering incredible curb appeal, inviting floorplan with entry foyer, living room, dining room, Kitchen with island, half bath and large family room with fireplace, the upper level offers 3 bedrooms and full bathroom, the lower level offers den, full bathroom, utility area and garage. Numerous updates and amenities including new roof shingles in 2022 (per-sellers). The rear patio overlooks large, fenced yard. First time offer in over 29 years Don't miss this very special home!!

1011 Castleton Way, Lexington
3528 Winding Dr, Lexington
$319,900
3 Beds ⋅ 2 Baths ⋅ 26026174 MLS
Charming Gainesway ranch with inviting spaces and thoughtful updates! This 3-bedroom, 2-bath home welcomes you into the foyer with a convenient drop zone. The separate dining area is perfect for gatherings, while the granite kitchen features under-cabinet lighting and plenty of functionality. New carpet in both guest bedrooms adds a fresh touch. Enjoy relaxing or exercising in the sunroom overlooking the backyard, complete with a ceiling fan for added comfort. Step outside to the patio and beautifully mature landscaping, creating a private and enjoyable outdoor setting. A utility room and separate storage room off the back provide excellent everyday convenience, with plenty of space for lawn equipment, tools, or extra storage. A wonderful opportunity to enjoy comfortable one-level living in an established Lexington neighborhood!

3528 Winding Dr, Lexington
3411 Pimlico Pkwy, Lexington
$379,000
4 Beds ⋅ 3 Baths ⋅ 26025823 MLS
Improved price! This inviting home blends classic character with comfortable, everyday living. Thoughtfully designed and lovingly maintained, this home is being offered to the market for the first time in nearly 50 years! Stately double doors welcome you into the heart of the home. The spacious living room features a striking brick fireplace that creates a warm focal point, while large windows bring in plenty of natural light. The living room is large enough to allow for multiple uses like a game room or home office. The kitchen offers an abundance of rich wood cabinetry, generous granite countertops, and a practical layout with a breakfast bar overlooking the adjoining dining space overlooking the large backyard. A first floor bedroom suite and separate laundry room finish of the first floor. Upstairs you will find three large bedrooms, including the primary suite with walk-in closet, and another full bath that is easily accessible from the hallway or adjoining bedroom. The flexible floorplan offers plenty of options for today's lifestyle, including a dedicated dance room with hardwood floors that could easily serve as a home gym, studio, office, playroom, or creative space. Charming details throughout, including traditional millwork, paneled cabinetry, and distinctive finishes, add personality and timeless appeal. With its comfortable living spaces, welcoming atmosphere, and classic style, this home offers a wonderful opportunity to make it your own. Within walking distance to Tates Creek Golf Course and Tates Creek Aquatic Center, this home has it all!

3411 Pimlico Pkwy, Lexington
3187 Aqueduct Dr Unit A & B, Lexington
$300,000
4 Beds ⋅ 4 Baths ⋅ 26025792 MLS
Investment property just outside New Circle Rd. Each side includes 2 bedrooms and 1 1/2 bathrooms. Vaulted ceilings in the living areas. Bedrooms on lower level. Both units occupied. Current rents, unit A: $1,050, unit B: $1,095.

3187 Aqueduct Dr Unit A & B, Lexington
3255 Sutherland Dr, Lexington
$275,000
3 Beds ⋅ 2 Baths ⋅ 26021339 MLS
Welcome home to this beautifully updated 3-bedroom, 1.5-bathroom home ideally located on a cul-de-sac. Freshly painted and move-in ready, this home features brand-new luxury vinyl plank flooring throughout. The completely updated kitchen is a true standout, featuring brand-new stainless steel appliances, gorgeous granite countertops, and a peninsula offering additional seating options. The updated bathrooms offer a fresh, modern feel, a tiled shower, and new vanities. Step outside to enjoy the brand-new, oversized back deck, providing plenty of space for relaxing, grilling, and entertaining. This home is move-in ready and waiting for you!

3255 Sutherland Dr, Lexington
3527 Greentree Rd, Lexington
$300,000
2 Beds ⋅ 2 Baths ⋅ 26019329 MLS
Beautifully updated brick ranch with private primary suite with attached primary bath, a flexible floor plan, and a backyard oasis. This move-in ready home offers comfort, versatility, and effortless living in one of Lexington's most convenient locations!

3527 Greentree Rd, Lexington
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