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243 Preston Ave, Lexington, KY, 40502

4beds
4baths
2,022sqft
$749,000
$370price/sqft
$5,058/moest. monthly cost
$202,320/yrincome needed

About This Home

To be built. Proposed construction- a beautiful Craftsmen home in the Heart of Kenwick. Now is a rare opportunity to pick your finishes, your design, your colors, you name it. This builder has plenty of experience in Kenwick and is ready to bring your Craftsmen aesthetic to life. This home will have all the hallmarks of a modern, custom home. Including - first floor primary with large walk-in closet, marble floors and walls in the shower with smart shower system, double vanity, and a soaking tub. 10' ceilings first floor, 9' ceilings 2nd. Engineered white oak floors, hardie board and batten siding painted to the color of your choice, covered front porch with barrel vault, black Marvin windows, and a two car detached garage. Three other sizable bedrooms, ventless linear gas fireplace, sprinkler system that is controlled by your smartphone, and many other neat features. Kitchen will feature white shaker cabinets, quartz countertops, shaker black island, shaker black range hood, and a full suite of Bosch appliances. Estimated completion in 8-10 months from start date. Please call with any questions!

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

9/10
5/10
7/10
Henry Clay High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: To Be Built
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Gas Range,Microwave,Refrigerator,Cooktop,Oven

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bathroom4

  • Level: First

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,Ceiling Fan(s)
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,022

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,022
  • Total interior livable area: 2,022 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 46087000

Features

  • Levels: One and One Half
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,492 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
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 $3,787$45,444
Home Insurance *$227$2,724
Property Taxes $885$10,620
Electricity $159$1,916
Total$5,058$60,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$173,417/yr
40% on housing$151,740/yr
45% on housing$134,880/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

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 40502$238
Fayette County$245

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
2026-03-17Price change$869,000
2026-02-27Listed for sale$889,000
2025-12-27Listing removed$889,000
2025-07-21Listed for sale$889,000
2025-05-29Sold$160,000
2025-03-15Pending sale$142,000
2025-03-14Listed for sale$142,000
2000-04-22Sold$15,000

For Sale by Agent

AgentThomas M Harper
BrokerageTom Harper and Associates

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