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2428 Lorenzo Way, Lexington, KY, 40509

5beds
5baths
3,278sqft
$1,015,000
$310price/sqft
$6,717/moest. monthly cost
$268,680/yrincome needed

About This Home

Want new construction without the wait? This stunning 5-bedroom, 4.5-bath ranch in desirable Tuscany offers the feel of a custom-built home, with only 4 years of age and extensive upgrades throughout. Featuring a highly functional layout with 10-foot ceilings throughout the main level and soaring 12-foot coffered ceilings in the living room, this home offers exceptional space, detail, and craftsmanship. The open living area features custom built-ins and a gas log fireplace, while the kitchen is designed to impress with an oversized mitered-edge quartz island, polished black granite perimeter countertops, marble-look tile backsplash, custom vent hood, custom cabinetry, and stainless appliances, including a gas cooktop, oven, microwave, and double-door refrigerator. The home also offers both a formal dining room and an eat-in kitchen area, creating ideal spaces for entertaining and everyday living. The primary suite features a luxurious ensuite bath complete with custom tile shower, soaking tub, double vanities, bidet, automatic toilet, and an enormous custom walk-in closet with extensive built-ins, dressing area with three-way mirrors, and direct access to the laundry room for added convenience. The spacious laundry room is thoughtfully designed with abundant custom cabinetry, folding space, utility sink, and extensive storage. In addition to the primary suite, the first floor also offers a secondary bedroom with private ensuite bath, plus two additional bedrooms connected by a Jack-and-Jill bath. Upstairs, a large bonus bedroom with full ensuite bath provides the perfect guest suite, teen retreat, or flex space. Additional features include hardwood flooring throughout the main living areas, double front doors with hammered glass, 3-car garage, fenced backyard, covered and screened rear patio, newer Trex deck, extensive landscaping with landscape lighting, and sprinkler system. Located with convenient access to I-75, downtown Lexington, and the Hamburg area, this home is just minutes from shopping, dining, entertainment, grocery stores, restaurants, and Baptist Health Hamburg.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
4/10
Crawford Middle SchoolGrades 6-81.4 mi
7/10

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Block
  • Roof: Dimensional Style,Shingle
  • Construction materials: Brick Veneer,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Cooktop,Oven,Vented Exhaust Fan
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bathroom3

  • Level: First

Bathroom4

  • Level: Second

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: First

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Entrance Foyer,Eat-in Kitchen,Walk-In Closet(s),Ceiling Fan(s)
  • Window features: Blinds
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,278

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,278
  • Total interior livable area: 3,278 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: 38287750
  • Other equipment: Irrigation Equipment

Features

  • Levels: One
  • Fencing: Privacy,Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 10,454 sqft

Parking

  • Total spaces: 3
  • Parking features: Attached Garage,Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,132$61,584
Home Insurance *$367$4,404
Property Taxes $960$11,520
Electricity $258$3,106
Total$6,717$80,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$230,297/yr
40% on housing$201,510/yr
45% on housing$179,120/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 40509$193
Fayette County$245

vs Homes Sold Last Month

Median $/sqft

ZIP 40509$195
Fayette County$186

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$1,015,000
2026-07-07Price change$1,050,000
2026-06-30Listed for sale$1,100,000
2026-06-16Contingent$1,100,000
2026-05-26Listed for sale$1,100,000
2022-10-10Sold$889,900
2021-01-19Sold$120,500

For Sale by Agent

AgentTerra Long
BrokerageKeller Williams Commonwealth

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