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888 Cypress Point Way, Lexington, KY, 40509

2beds
2baths
1,384sqft
$359,900
$260price/sqft
$2,476/moest. monthly cost
$99,040/yrincome needed

About This Home

LOCATION! Come see this adorable ranch house on a .26 acre corner lot in the desirable Hamburg area in the Walnut Ridge community! Some features include 2 bedrooms with en-suite bathrooms, hardwood floors, & a wood burning fireplace! Step outside onto your large patio with an additional wood burning fireplace, hot tub, above ground pool & a privacy fenced backyard! This house won a makeover and was on HGTV! HURRY! You don't want to miss this one! Close access to Interstate, Downtown, UK, and all the shops and restaurants in the Hamburg area that you could want or need!

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1992

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,Walk-In Closet(s),Ceiling Fan(s)
  • Window features: Insulated Windows,Blinds,Screens
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Outside,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,384

Heating & Cooling

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

Interior Area

  • Total structure area: 1,384
  • Total interior livable area: 1,384 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 20097160

Features

  • Levels: One
  • Private pool: Yes
  • Pool features: Above Ground
  • Fencing: Privacy,Wood

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Door Opener,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
  • 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 $1,819$21,828
Home Insurance *$130$1,560
Property Taxes $373$4,476
Electricity $154$1,850
Total$2,476$29,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,891/yr
40% on housing$74,280/yr
45% on housing$66,026/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

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 40509$194
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40509$195
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
2026-07-22Price change$359,900
2026-07-15Listed for sale$364,900
2021-11-08Sold$250,000
2021-10-02Pending sale$235,000
2021-10-01Contingent$235,000
2021-09-30Price change$235,000
2021-09-20Pending sale$230,000
2021-09-17Listed for sale$230,000
2012-06-29Sold$146,000
2012-05-16Listed for sale$149,900
2004-09-20Sold$136,500

For Sale by Agent

AgentJennifer P Jordan
BrokerageUnited Real Estate Bluegrass

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