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3135 Sewanee Ln, Lexington, KY, 40509

5beds
3baths
2,844sqft
$325,000
$114price/sqft
$2,324/moest. monthly cost
$92,960/yrincome needed

About This Home

This 2,844 sq ft home offers a layout you simply don't find in most Lexington properties — and a one-of-a-kind ownership structure to match. Positioned as the only single-family home within its townhouse HOA, it delivers the maintenance benefits of association living with the privacy and footprint of a detached residence. Inside, the flexible floor plan lives large across two finished levels. The main floor features a living room, formal dining room, dedicated laundry room, mudroom, a full bathroom, and a first-floor bedroom — ideal for guests, a home office, or single-level living needs. Upstairs, you'll find four additional bedrooms and two more full bathrooms, including a private en-suite with its own separate entrance to the lower level. That independent-access bedroom opens the door to multigenerational living, long-term guest accommodations, or a private retreat. A 1,422 sq ft unfinished basement (accessed via exterior entry) offers significant expansion potential — finish it out for additional living space, a workshop, storage, or future income-generating square footage. With five bedrooms, three full baths, multiple living zones, and a layout suited to a wide range of occupancy arrangements, this property appeals equally to investors, multigenerational families, and buyers seeking a residence with strong group residential, transitional, or supportive housing potential. Properties offering this combination of size, layout flexibility, and HOA-maintained convenience rarely come available in 40509

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
4/10
Crawford Middle SchoolGrades 6-82.5 mi
7/10

Construction

Materials

  • Foundation: Other
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,844

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,844
  • Total interior livable area: 2,844 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 38095450

Features

  • Levels: Two

Lot

  • Lot size: 9,278 sqft

Parking

  • Parking features: Other

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 WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather

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 $1,643$19,716
Home Insurance *$117$1,404
Property Taxes $340$4,080
Electricity $224$2,695
Total$2,324$27,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,680/yr
40% on housing$69,720/yr
45% on housing$61,973/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

$114This listing

vs Other Active Listings

Avg $/sqft

ZIP 40509$195
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
2026-05-01Listed for sale$375,000
2015-08-13Sold$158,500
2012-12-04Sold$100,000

For Sale by Agent

AgentPatrick Doyle
BrokerageLifstyl Real Estate

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