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314 Hillcrest Ave, Lexington, KY, 40505

3beds
4baths
1,804sqft
$309,000
$171price/sqft
$2,201/moest. monthly cost
$88,040/yrincome needed

About This Home

Perfect Family Home: Fully Renovated Turnkey Gem on Hillcrest! Welcome to 314 Hillcrest, a beautifully updated residence designed for effortless family living and entertaining. This spacious home features 3 bedrooms and 3.5 bathrooms, offering the ultimate layout for a growing family. Every single bedroom includes its own private, dedicated bathroom, ensuring maximum privacy and convenience for everyone. Step inside to an inviting main floor boasting pristine new ceilings and gorgeous, highly durable LVP flooring built to handle busy family life. The kitchen features premium granite countertops and sleek stainless-steel appliances. For maximum comfort, one of the bedrooms features plush carpeting. The living space extends outdoors to a fantastic deck, perfect for weekend family barbecues, morning coffee, or relaxing outside. Best of all, this home offers total peace of mind and low utility bills thanks to complete, top-to-bottom system upgrades: * All-new HVAC system for perfect climate control * All-new plumbing for worry-free maintenance * All-new electrical wiring for modern safety and efficiency. Every major component is brand new, allowing your family to move right in without lifting a finger. Owner/Agent.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

3/10
Yates Elementary SchoolGrades PK-50.8 mi
4/10
Crawford Middle SchoolGrades 6-82.0 mi
7/10

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Block
  • Roof: Dimensional Style
  • Construction materials: HardiPlank Type,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s)
  • Window features: Blinds
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,804

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Ductless
  • Cooling features: Ductless,Heat Pump,Multi Units

Interior Area

  • Total structure area: 1,804
  • Total interior livable area: 1,804 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 12496900

Features

  • Levels: Two
  • Fencing: Partial

Lot

  • Lot size: 6,250 sqft
  • Features: Landscaped

Parking

  • Parking features: Driveway
  • 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 WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather

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 $1,562$18,744
Home Insurance *$165$1,980
Property Taxes $320$3,840
Electricity $154$1,850
Total$2,201$26,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,462/yr
40% on housing$66,030/yr
45% on housing$58,693/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

$171This listing

vs Other Active Listings

Avg $/sqft

ZIP 40505$157
Fayette County$246

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
2026-08-05Price change$299,000
2026-07-23Listed for sale$309,000
2025-09-08Sold$45,000
2010-07-09Sold$57,000
2010-03-16Sold$56,667

For Sale by Agent

AgentR Chad Crouch
BrokerageBluegrass Property Exchange

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