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1117 Oatlands Park, Lexington, KY, 40509

3beds
3baths
1,950sqft
$299,000
$153price/sqft
$2,076/moest. monthly cost
$83,040/yrincome needed

About This Home

Welcome home to this beautifully maintained townhome in Lexington's desirable 40509 area! Conveniently located just minutes from shopping, dining, and easy access to I-75, this move-in-ready property offers the perfect blend of comfort, convenience, and thoughtful updates. Step inside to discover spacious living and updated kitchen designed for both everyday living and entertaining. The main level features a first-floor bedroom, full bath, and laundry area, providing flexibility for guests, a home office, or convenient single-level living. Just outside, enjoy your own private retreat with a fully fenced patio, perfect for relaxing or hosting friends and family. Upstairs, you'll find two generously sized bedrooms, each with its own full bathroom thanks to a recent renovation that transformed the former Jack-and-Jill layout into a more functional and desirable setup. The primary suite has been further enhanced with the addition of a large walk-in closet, creating a true owner's retreat. Ample storage throughout the home adds to its appeal. With its desirable location, updated floor plan, and move-in-ready condition, this home is one you won't want to miss. Buyer to verify all aspects of the property.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Asphalt
  • Construction materials: Brick Siding,Vinyl Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Microwave,Oven

Basement

  • Area: 0

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Tile
  • Finished area above ground: 1,950

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central

Interior Area

  • Total structure area: 1,950
  • Total interior livable area: 1,950 sqft

Kitchen

  • Features: Open

Property

Details

  • Parcel number: 000000000.0000000004.000
  • Lease amount: 0

Features

  • Patio & porch: Open Porch
  • Fencing: Fenced

Lot

  • Lot size: 5,662 sqft
  • Features: Trees

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Winter Weather
Earthquake
Hail
Ice Storm
Lightning
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 $1,511$18,132
Home Insurance *$108$1,296
Property Taxes $303$3,636
Electricity $154$1,850
Total$2,076$24,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,177/yr
40% on housing$62,280/yr
45% on housing$55,360/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

$153This 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
2026-08-03Sold$297,000
2026-08-01Listed for sale$299,000
2026-07-02Contingent$299,000
2026-06-25Listed for sale$299,000
2024-05-07Sold$265,000
2024-04-08Pending sale$269,900
2024-04-05Listed for sale$269,900
2024-04-02Pending sale$269,900
2024-03-29Listed for sale$269,900
2021-04-20Sold$200,000
2021-03-18Pending sale$178,000
2021-03-16Listed for sale$178,000
2017-02-28Listing removed$995
2017-02-03Listed for rent$995
2016-01-15Listing removed$995
2015-12-29Listed for rent$995
2014-11-07Listing removed$965
2014-10-29Price change$965
2014-09-30Listed for rent$925
2006-05-24Sold$144,900

For Sale by Agent

AgentChase Pennington
BrokerageTeam Pannell Real Estate

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