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3348 Malone Dr, Lexington, KY, 40513

6beds
4baths
5,327sqft
$949,000
$178price/sqft
$6,574/moest. monthly cost
$262,960/yrincome needed

About This Home

Welcome to 3348 Malone Drive, a beautifully updated home offering exceptional space, thoughtful improvements, and a highly desirable first-floor primary suite. With 6 bedrooms and 3.5 baths, this home provides a flexible layout ideal for everyday living and entertaining. The current owners have made extensive updates throughout, including fresh interior paint, updated light fixtures, hardwood flooring on the second floor and additional hardwood flooring on the first floor, custom closet outfitting, an expanded dining room, and the addition of a stylish coffee bar and walk in pantry. The first-floor primary suite has been transformed with an all-new primary bath, creating a private and relaxing retreat. Additional improvements include two newer HVAC units, a radon mitigation system, and surround sound. Head outside to the covered deck and enjoy the pool, which features a new heat pump and cover, creating the perfect setting for warm-weather entertaining and relaxation. The finished basement features a wet bar, rec room, bedroom and full bath. With generous living spaces, extensive updates, and a versatile 6 bedroom floor plan, 3348 Malone Drive is ready for its next owner to enjoy!

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
8/10
Beaumont Middle SchoolGrades 6-81.2 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Gas Range,Microwave,Refrigerator,Range,Self Cleaning Oven,Vented Exhaust Fan
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Entrance Foyer,Walk-In Closet(s),Ceiling Fan(s),Soaking Tub
  • Door features: Storm Door(s)
  • Window features: Blinds
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Den
  • Fireplace: Yes
  • Finished area below ground: 2,205
  • Finished area above ground: 3,122

Heating & Cooling

  • Heating features: Electric,Humidity Control,Natural Gas
  • Cooling features: Central Air,Electric,Heat Pump,Multi Units,Zoned

Interior Area

  • Total structure area: 5,327
  • Total interior livable area: 5,327 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 38023110
  • Other equipment: Irrigation Equipment,Home Theater

Features

  • Levels: One and One Half
  • Private pool: Yes
  • Pool features: In Ground
  • Fencing: Privacy,Wood

Lot

  • Lot size: 0.30 Acres
  • Features: Wooded,Many Trees

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Hail
Heat Wave
Ice Storm

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 $4,798$57,576
Home Insurance *$371$4,452
Property Taxes $985$11,820
Electricity $420$5,048
Total$6,574$78,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$225,394/yr
40% on housing$197,220/yr
45% on housing$175,306/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

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 40513$625
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40513$177
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
2026-07-06Listed for sale$949,000
2020-04-17Sold$588,950
2020-03-21Pending sale$599,900
2020-03-20Listed for sale$599,900
2007-01-25Sold$438,500
2003-05-28Sold$385,000
2002-05-29Sold$360,000
2000-08-15Sold$337,200

For Sale by Agent

AgentLaura Eaves
BrokerageBerkshire Hathaway de Movellan Properties

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