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520 Ridgewater Ct, Lexington, KY, 40515

4beds
3baths
2,546sqft
$469,500
$184price/sqft
$3,167/moest. monthly cost
$126,680/yrincome needed

About This Home

FAMILY FRIENDLY is the very best description of this house, street and neighborhood. A beautiful property, located on a quiet cul-de-sac is less than a 10th of a mile from the Waterford Clubhouse, tennis courts and pool. The level, fenced back yard, largely private with a number of maturing trees and lush perennials bordering the perimeter, is well suited for all kinds of outdoor activities and containment of your canine family member too. A large screened in porch is perfect for outdoor meals, morning coffee, becoming engrossed in your latest book or an evening refuge from the bother of mosquitoes and insects. But the real gem is the house itself! Plenty of comfortable spaces await inside for gathering, relaxing, hosting holiday events, preparing delicious meals and coming together as a family to eat in the kitchen or large adjoining dining room. Four bedrooms are upstairs with a mammoth Primary Bedroom, redone and sophisticated Primary Bath and well designed, large walk in closet for hanging, and shelf and drawer placement of clothes and shoes, There is even a built in clothes hamper and the laundry room right off the hallway is conveniently located in the center of the bedrooms. In addition to the thoughtful design of the house with an attractive and handsome front, plenty of closet space will accommodate all of your storage needs. And a very large, floored attic space beyond the primary bedroom walk in closet gives you plenty of space for out of season items and holidays decorations. Don't delay seeing this gem: fantastic, family oriented neighborhood, quiet street with little traffic, and well cared for house that will give you many years of comfort, security and everyday use!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
Southern Middle SchoolGrades 6-80.9 mi
3/10
Tates Creek High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Brick Veneer,HardiPlank Type

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Range,Self Cleaning Oven
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Breakfast Bar,Entrance Foyer,Eat-in Kitchen,Walk-In Closet(s),Ceiling Fan(s)
  • Door features: Storm Door(s)
  • Window features: Blinds
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log,Masonry
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,546

Heating & Cooling

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

Interior Area

  • Total structure area: 2,546
  • Total interior livable area: 2,546 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: Second

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 20113120

Features

  • Levels: Two
  • Fencing: Chain Link,Wood

Lot

  • Lot size: 10,323 sqft
  • Features: Landscaped,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Door Opener,Off Street,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
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm
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 $2,374$28,488
Home Insurance *$201$2,412
Property Taxes $391$4,692
Electricity $201$2,412
Total$3,167$38,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,582/yr
40% on housing$95,010/yr
45% on housing$84,453/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

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 40515$208
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40515$179
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
2026-06-20Listed for sale$469,500
2026-06-17Contingent$469,500
2026-06-07Listed for sale$469,500
1994-06-30Sold$148,000

For Sale by Agent

AgentMarkus Cross
BrokerageMcCallie Real Estate

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