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2221 Patchen Lake Ln, Lexington, KY, 40505

4beds
4baths
2,430sqft
$669,900
$276price/sqft
$4,602/moest. monthly cost
$184,080/yrincome needed

About This Home

Enjoy low-maintenance living in the desirable Patchen Wilkes community, where a well-kept setting and select lake views create a peaceful environment. This spacious townhome offers four bedrooms and three-and-a-half bathrooms, along with convenient access to downtown Lexington, Hamburg, shopping, dining, and more. The main level features an open-concept layout that connects the living room, dining area, and kitchen, along with a welcoming foyer and a laundry closet. The first-floor primary suite provides the option for single-level living and includes a walk-in shower. The kitchen is equipped with stainless steel appliances and a breakfast bar, while the living room offers a gas fireplace that adds warmth and functionality. Upstairs, a second primary suite, two additional bedrooms, and a Jack-and-Jill bathroom provide flexible space for guests or additional living needs. A dedicated laundry room on the second floor adds convenience. Step outside to a covered balcony, offering a comfortable space to relax and enjoy the surroundings. Exterior maintenance, landscaping, and common areas are managed for you, supporting a low-maintenance lifestyle. With its spacious layout, thoughtful design, and convenient location, this townhome offers a comfortable and easy living experience. Schedule your private showing to see all it has to offer.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Yates Elementary SchoolGrades PK-51.1 mi
4/10
Crawford Middle SchoolGrades 6-80.7 mi
7/10

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Dimensional Style
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup,Upper Level

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Breakfast Bar,Eat-in Kitchen,In-Law Floorplan,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log,Ventless
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,430

Heating & Cooling

  • Heating features: Natural Gas,Zoned
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,430
  • Total interior livable area: 2,430 sqft

Kitchen

  • Level: First

Master Bathroom

  • Level: First

Master Bathroom

  • Level: Second

Master Bedroom

  • Level: Second

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 38280890

Features

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

Lot

  • Lot size: 3,179 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Door Opener,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

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

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 $3,387$40,644
Home Insurance *$358$4,296
Property Taxes $666$7,992
Electricity $191$2,302
Total$4,602$55,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,782/yr
40% on housing$138,060/yr
45% on housing$122,720/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

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 40505$154
Fayette County$245

vs Homes Sold Last Month

Median $/sqft

ZIP 40505$170
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
2026-07-06Listed for sale$669,900
2020-06-26Sold$439,729

For Sale by Agent

AgentDonna H Mattox
BrokerageChristies International Real Estate Bluegrass

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