See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3504 Cheddington Ln, Lexington, KY, 40502

3beds
2baths
2,828sqft
$534,900
$189price/sqft
$3,566/moest. monthly cost
$142,640/yrincome needed

About This Home

First time on the market and built by Mike Cravens! This well-loved home is conveniently located inside New Circle Road, just minutes from Hartland Shopping Center, dining, and everyday conveniences. Featuring 3 bedrooms and 2 full baths, this home offers a functional and flexible layout. The main floor includes two bedrooms, a spacious kitchen with ample cabinet storage, and a light-filled sunroom perfect for relaxing year-round and a large family room with a fireplace. Upstairs, you'll find a private primary bedroom retreat with a large adjoining bathroom. The full basement provides abundant unfinished space ideal for storage, a workshop, hobby area, or future expansion. Side-entry garage adds convenience and curb appeal. A rare opportunity in a prime location.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
7/10
Morton Middle SchoolGrades 6-81.9 mi
7/10
Henry Clay High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1987

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

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

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Breakfast Bar,Entrance Foyer,Eat-in Kitchen,Walk-In Closet(s),Soaking Tub
  • Window features: Blinds
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Basement,Family Room
  • Fireplace: Yes
  • Finished area below ground: 336
  • Finished area above ground: 2,492

Foyer

  • Level: First

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,828
  • Total interior livable area: 2,828 sqft

Kitchen

  • Level: First

Master Bathroom

  • Level: Second

Master Bedroom

  • Level: Second

Other

  • Level: First

Property

Details

  • Parcel number: 24716502

Features

  • Levels: One and One Half
  • Fencing: Chain Link

Lot

  • Lot size: 10,585 sqft
  • Features: Few Trees

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Faces Side
  • 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
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tornado
Winter Weather
Hail
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 $2,704$32,448
Home Insurance *$162$1,944
Property Taxes $477$5,724
Electricity $223$2,679
Total$3,566$42,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,262/yr
40% on housing$106,980/yr
45% on housing$95,093/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

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 40502$241
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40502$271
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
2026-03-25Price change$549,900
2026-03-03Listed for sale$575,000

For Sale by Agent

AgentTisha Monte
BrokerageBluegrass Properties Group

Similar Homes