2985 Montavesta Rd, Lexington, KY, 40502
About This Home
On an established lot in the heart of Lansdowne Merrick, 2985 Montavesta Road is an offering that rewards vision. This property carries the space, structure, and setting that are increasingly hard to find at this price point and location, and it is ready for a new owner to bring it fully back to life. At 4,240 square feet, the floor plan lives large, with four bedrooms, four full baths, and two half baths. Generous formal and everyday living spaces flow across the main part of the home, and an updated primary bathroom is already complete. A separate section of the home could easily become a second residence complete with its own family room, kitchen and laundry well suited to extended family or guests. Outside, a fenced rear yard offers real privacy, anchored by an in-ground pool and mature landscaping that give the grounds a quiet, resort-like feel with the right attention. This home is remarkably convenient to so much - just a short distance from the University of Kentucky, the Arboretum, neighborhood parks, and the shops and restaurants of Chevy Chase, in one of Lexington's most durable established corridors. The property is offered as part of an estate, sold as-is, and a pre-listing inspection is already completed. This is a genuine opportunity to restore a substantial home in a fantastic location. Bring your vision and make it your own.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Block
- Roof: Dimensional Style
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Disposal,Dishwasher,Microwave,Refrigerator,Washer,Range
- Laundry features: Electric Dryer Hookup,Washer Hookup,Upper Level
Basement
- Has basement: Yes
- Basement: Bath/Stubbed,Concrete,Crawl Space,Finished,Partial
Bathroom2
- Level: Second
Bathroom3
- Level: Second
Bathroom4
- Level: Lower
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Dining Room
- Level: First
Family Room
- Level: Second
Features
- Breakfast Bar,Entrance Foyer,Eat-in Kitchen,In-Law Floorplan,Wet Bar,Walk-In Closet(s),Ceiling Fan(s),Soaking Tub
- Window features: Insulated Windows,Blinds
- Flooring: Carpet,Hardwood,Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Factory Built,Masonry
- Fireplace: Yes
- Finished area below ground: 577
- Finished area above ground: 3,663
Heating & Cooling
- Heating features: Forced Air,Heat Pump,Natural Gas,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 4,240
- Total interior livable area: 4,240 sqft
Kitchen
- Level: First
Kitchen
- Level: First
Living Room
- Level: First
Master Bathroom
- Level: Second
Master Bedroom
- Level: Second
Property
Details
- Parcel number: 15230450
Features
- Levels: Multi/Split
- Private pool: Yes
- Pool features: In Ground
- Fencing: Privacy,Wood
Lot
- Lot size: 0.32 Acres
- Features: Landscaped
Parking
- Total spaces: 2
- Parking features: Attached Garage,Garage Door Opener,Garage Faces Front
- 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
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
- Hail
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $159 | $1,908 |
| Property Taxes | $549 | $6,588 |
| Electricity | $334 | $4,018 |
| Total | $3,696 | $44,352 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $495,000 |
| 2026-07-31 | Listed for sale | $525,000 |
| 2017-03-31 | Sold | $390,000 |
| 2017-02-09 | Pending sale | $419,900 |
| 2017-01-26 | Price change | $419,900 |
| 2016-12-20 | Listed for sale | $429,900 |
| 2016-10-13 | Listing removed | $449,500 |
| 2016-09-15 | Price change | $449,500 |
| 2016-08-19 | Price change | $459,500 |
| 2016-07-14 | Price change | $470,000 |
| 2016-05-02 | Price change | $465,000 |
| 2016-04-19 | Listed for sale | $485,000 |
| 2012-12-23 | Listing removed | $1,000 |
| 2012-10-19 | Price change | $1,000 |
| 2012-09-18 | Listed for rent | $900 |
For Sale by Agent
View on Zillow