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3508 Arden Pl, Lexington, KY, 40517

4beds
3baths
2,167sqft
$379,000
$175price/sqft
$2,660/moest. monthly cost
$106,400/yrincome needed

About This Home

Welcome to 3508 Arden Place a beautifully reimagined ranch on a walk-out basement, tucked into one of Gainesway's most sought-after pockets. Renovated from top to bottom, this home strikes a rare balance: an artful, of-the-moment edge layered over timeless character, with designer finishes that feel both fresh and enduring. At the heart of it all is the kitchen, where butcher block countertops, a farmhouse sink, and classic checkered tile ground the space, while stainless steel appliances and a sleek low-profile microwave keep it current. The wall once separating the kitchen and living room is gone, opening the main level into a bright, connected layout made for everyday life and easy entertaining. Three bedrooms round out the main floor, along with a showstopping hallway bath dressed in floor-to-ceiling 2x4 tile. A white oak double-bowl mitered vanity, two free-mounted mirrors, and designer sconces set the tone, while a soaking tub, walk-in tile shower, and champagne bronze fixtures deliver a spa-like finish. Even the half bath earns a second look, with its checkered tile floor and single-bowl mitered vanity. Downstairs, the finished walk-out basement adds a whole second layer of living. A spacious recreation room anchored by its own fireplace flows to an adjacent bedroom or flex space and a full bath with a new tile surround with the backyard just steps away. The laundry room comes complete with a new tankless water heater. Add a newer roof, newer HVAC, thoughtful updates throughout, and that coveted Gainesway address, and you have a home that's genuinely move-in ready. Style and craftsmanship like this don't come around often don't wait to make it yours.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
4/10
3/10
Tates Creek High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1959

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Refrigerator,Range
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup,Lower Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Partially Finished,Walk-Out Access

Bathroom1

  • Level: First

Bathroom2

  • Level: Lower

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Lower

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • Eat-in Kitchen,Ceiling Fan(s),Soaking Tub
  • Window features: Insulated Windows
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Basement,Living Room,Masonry
  • Fireplace: Yes
  • Finished area below ground: 846
  • Finished area above ground: 1,321

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Electric,Other

Interior Area

  • Total structure area: 2,167
  • Total interior livable area: 2,167 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Recreation Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 16187550

Features

  • Levels: One
  • Fencing: Chain Link

Lot

  • Lot size: 0.26 Acres
  • Features: Landscaped,Few Trees

Parking

  • Total spaces: 1
  • Parking features: Attached Garage,Basement,Driveway,Off Street,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Inland Flooding
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 $1,916$22,992
Home Insurance *$180$2,160
Property Taxes $393$4,716
Electricity $171$2,053
Total$2,660$31,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,200/yr
40% on housing$79,800/yr
45% on housing$70,933/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 40517$136
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40517$188
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
2026-08-14Contingent$379,000
2026-08-04Price change$379,000
2026-07-29Price change$394,000
2026-07-19Price change$399,000
2026-07-10Price change$409,900
2026-06-23Price change$414,900
2026-06-09Listed for sale$424,900
2014-03-21Sold$138,000
2014-02-07Price change$144,900
2013-10-16Price change$149,900
2013-09-17Listed for sale$159,900

For Sale by Agent

AgentJeremy Perryman
BrokerageSimpliHOM

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