321 Preston Ave, Lexington, KY, 40502
About This Home
Beautifully Remodeled Home in Highly Sought-After Kenwick Welcome to this beautifully updated 3-bedroom, 2-bathroom home in Lexington's highly desirable Kenwick neighborhood. Offering 1,505 square feet of thoughtfully renovated living space, this home combines modern finishes with an unbeatable central location. Step inside to find luxury vinyl plank flooring throughout, creating a seamless and stylish look. The completely updated kitchen features brand-new cabinetry and plenty of space for cooking and entertaining. Both bathrooms have been fully remodeled with tile showers, new vanities, and contemporary finishes. In addition to the major upgrades, the home boasts numerous other updates throughout, providing a move-in-ready experience for its next owner. The spacious layout offers comfortable living areas, well-sized bedrooms, and functional spaces designed for everyday living. Located in the heart of Lexington, Kenwick is one of the city's most sought-after neighborhoods, known for its charm, walkability, and convenient access to downtown, dining, shopping, parks, and the University of Kentucky. Whether you're looking for a primary residence or an investment opportunity, this home delivers the perfect combination of location, style, and value.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1932
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Oven
- Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup
Basement
- Basement: Crawl Space
Bathroom1
- Level: First
Bathroom2
- Level: First
Bedroom2
- Level: First
Bedroom3
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Breakfast Bar,Eat-in Kitchen,Soaking Tub
- Window features: Insulated Windows
- Flooring: Tile
- Finished area below ground: 0
- Finished area above ground: 1,488
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Utility Room
- Level: First
Property
Details
- Parcel number: 46234000
Features
- Levels: One and One Half
- Fencing: Partial
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: Driveway
- 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
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $121 | $1,452 |
| Property Taxes | $415 | $4,980 |
| Electricity | $154 | $1,850 |
| Total | $2,712 | $32,544 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Pending sale | $399,900 |
| 2026-07-27 | Price change | $399,900 |
| 2026-07-15 | Price change | $420,000 |
| 2026-06-24 | Listed for sale | $435,000 |
| 2026-02-10 | Listing removed | -- |
| 2026-02-07 | Pending sale | $230,000 |
| 2025-11-01 | Listed for sale | $230,000 |
| 2022-06-03 | Sold | $123,500 |
| 2009-12-18 | Sold | $41,000 |
| 2006-09-01 | Sold | $69,900 |
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