Fayette County Homes under $250,000

Fayette County Homes under $250,000

Welcome to Fayette County, Kentucky, where the charm of Lexington meets the allure of affordable living! Nestled in the heart of the Bluegrass region, Fayette County boasts a rich history, vibrant culture, and a friendly community atmosphere that makes it an ideal place to call home.

Lexington, often referred to as the "Horse Capital of the World," is renowned for its stunning horse farms, beautiful landscapes, and a strong sense of community. The county offers a unique blend of urban amenities and rural tranquility, making it perfect for families, young professionals, and retirees alike. With a variety of parks, recreational facilities, and cultural attractions, there’s always something to explore in this dynamic city.

For those seeking affordable housing options, Fayette County has a delightful selection of homes available for under $250,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment property, you’ll find a range of charming residences that fit your budget. From cozy bungalows to modern townhomes, each property offers unique character and potential.

Living in Fayette County means enjoying a lower cost of living without sacrificing quality. With excellent schools, diverse dining options, and a thriving local economy, you’ll find that your dollar stretches further here. Plus, the community spirit is palpable, with local events and farmers' markets bringing neighbors together throughout the year.

Discover your dream home in Fayette County today, and embrace the wonderful lifestyle that Lexington has to offer!

Newest Fayette County Homes under $250,000

562 Sandalwood Dr, Lexington
$225,000
3 Beds ⋅ 1 Baths ⋅ 26027434 MLS
Welcome to 562 Sandalwood Drive, a charming 2-bedroom, 1-bath ranch nestled in the Deep Springs neighborhood of Masterson Station. This inviting home offers comfortable one-level living with a practical layout and a warm, welcoming feel. Solar panels on the roof offer an added energy-efficiency feature that may help reduce monthly utility costs, providing potential savings for the next homeowner. Conveniently located near shopping, dining, parks, schools, and major Lexington roadways, this home is a great opportunity for a first-time buyer, downsizer, or investor. Enjoy the ease of ranch-style living with the added benefit of solar energy! *3rd bedroom does not have doors, seller has a quote to have doors put on.

562 Sandalwood Dr, Lexington
750 Shaker Dr Unit 207, Lexington
$220,000
2 Beds ⋅ 3 Baths ⋅ 26027286 MLS
Welcome home to low-stress living just minutes from downtown. This two-bedroom, two-and-a-half-bath condo offers the perfect lock-and-leave lifestyle, with fresh paint throughout and brand new flooring on the main level, already done for you. All bedrooms are privately situated upstairs, giving you a clear separation between living and resting space. Did we mention is it has ample bonus great creating or any hobbies you might have. And you'll love the multiple sliding doors front and back, bringing in great natural light and easy indoor-outdoor flow. Enjoy maintenance-free living in a super convenient location close to downtown energy, but without the noise and hassles. This is easy living, done right. Buyer to verify all aspects of the sale.

750 Shaker Dr Unit 207, Lexington
2537 Lindenhurst Loop, Lexington
$160,000
2 Beds ⋅ 2 Baths ⋅ 26027265 MLS
Come see this beautifully updated Lexington townhome offering a convenient location and an inviting, functional layout. Just minutes from Jacobson Park, Raven Run Nature Sanctuary, Hamburg shopping, dining, and more, this home puts everyday amenities and outdoor recreation close at hand. Inside, you'll find a bright, open main level featuring a spacious family room, well-appointed kitchen, first-floor half bath, and convenient laundry room. Upstairs offers two generously sized bedrooms and a full bath, providing comfortable living space with a practical floor plan. New privacy fence added as well with a cute outdoor area! Whether you're looking for a primary residence or an investment opportunity, this well-maintained townhome offers versatility, convenience, and easy access to all that Lexington has to offer. Schedule your showing today!

2537 Lindenhurst Loop, Lexington
1040 Hudson Ave, Lexington
$230,000
3 Beds ⋅ 1 Baths ⋅ 26027204 MLS
Enjoy comfortable living in this inviting 3-bedroom, 1-bath brick ranch. The home features a living room, separate family room, and a kitchen with a convenient bar and newer appliances. Plenty of space to relax and gather. separate utility room/cellar lower level. Step outside to a cozy covered front porch or for more privacy enjoy the back covered patio. Parking and projects are a breeze with an attached one-car garage plus a detached 24' x 24' two-car garage with 10-foot ceilings and a separate driveway. Conveniently located near parks, restaurants, and shopping, this home offers a great blend of comfort, storage, and location. Situated on a cute, fenced lot with 8X10 storage shed. Hardwood floor under carpet in living room & hall per seller. Property being sold "AS IS" "WHERE IS" with no warranties expressed or implied. Inspections welcome.

1040 Hudson Ave, Lexington
404 Bainbridge Ct Unit 4D, Lexington
$159,999
2 Beds ⋅ 2 Baths ⋅ 26027190 MLS
More photos to come. Spacious 2-bedroom, 2-bathroom condo in Lexington's highly desirable Bainbridge subdivision! While unit is in very good condition, selling As-Is, including most all of the furniture and other contents. The inviting living room features tall ceilings that create an open atmosphere, connecting to a private outdoor deck through large sliding doors—perfect for relaxing. This second-floor unit offers a functional layout and is perfect for investors looking for a strong rental opportunity, students needing close proximity to campus, or anyone seeking affordable, low-maintenance living. Conveniently located just minutes from Hamburg Pavilion shopping, Richmond Road dining, and quick I-75 access, this property offers incredible convenience in Northeast Fayette County. Schedule your private viewing today to explore the potential of this great space!

404 Bainbridge Ct Unit 4D, Lexington
209 Simpson Ave Unit 208, Lexington
$237,000
3 Beds ⋅ 2 Baths ⋅ 26027129 MLS
Live where Lexington comes alive! Less than a mile from the University of Kentucky campus and just 1 mile from downtown Lexington, this 3-bedroom, 2-full-bath condo in Campus Downs puts you close to so much of Lexington. Kroger Field, Rupp Arena, W.T. Young Library, UK's medical, dental and pharmacy schools, and a neighborhood full of eateries are all nearby. Transylvania University is less than 2 miles away, and the University of Kentucky and St. Joseph hospitals are both nearby. Baptist Health Lexington is about 1.8 miles away. Inside, you'll find a comfortable open living and dining area with laminate flooring throughout the main living spaces. The kitchen has plenty of cabinet and counter space, a larger pantry cabinet, stainless steel appliances and a breakfast bar that opens to the dining area. The primary bedroom is a good size and features a large walk-in closet, with two additional bedrooms and a second full bath. A sliding door off the living room leads to a private balcony — a handy spot to step outside for some fresh air or enjoy your morning coffee. The HOA takes care of the exterior maintenance and snow removal, making life a little easier and leaving you less to worry about. With UK, Transylvania, downtown Lexington, Kroger Field, the Red Mile, major hospitals and plenty of places to eat all close by, this is a great opportunity to enjoy convenient Lexington living. Come take a look!

209 Simpson Ave Unit 208, Lexington
2312 Remington Way Unit 1202, Lexington
$220,000
2 Beds ⋅ 2 Baths ⋅ 26027018 MLS
Welcome home to carefree condo living at Citation Pointe! This spacious 2-bedroom, 2-bath condominium offers 1,457 sq. ft. and features the largest floor plan available. The open, inviting layout includes a large living room, dining room, dedicated office, and walk-in closets. Enjoy your morning coffee or evening unwind on the private deck, with the convenience and security of secured building entry and an intercom system for guest access. The condo also includes a designated parking space (#6) conveniently located near the main entrance, plus a 1-car detached garage (#8). Residents of Citation Pointe have access to the community's inground pool and fitness/exercise facility. The location is hard to beat, just minutes from the Legacy Trail, Publix, Kroger, restaurants, shopping, Downtown Lexington, New Circle Road, Georgetown Road, and I-75. Seller is offering $5,000 toward the buyer's closing costs with an accepted offer! Don't miss your opportunity to make this spacious, conveniently located condo your new home!

2312 Remington Way Unit 1202, Lexington
528 Henry Clay Blvd, Lexington
$225,000
2 Beds ⋅ 1 Baths ⋅ 26026973 MLS
Opportunity awaits with this Lexington property! This home has great bones and tons of potential for the buyer with a vision. Whether you're an investor searching for your next renovation project or a buyer ready to put your own personal touch on a home, this property offers an excellent opportunity to bring new life to a well-established home. With its convenient Lexington location and solid foundation to work from, this home is ready for someone to see beyond the updates needed and recognize its possibilities. Bring your ideas, your creativity, and your plans to make this property shine again! Property is being sold AS-IS. Seller will make no repairs. Inspections are welcome for the buyer's knowledge, but buyers should be prepared to purchase the property in its current condition. Great bones. Great potential. Ready for its next chapter!

528 Henry Clay Blvd, Lexington
1145 Appian Crossing Way Unit 201, Lexington
$239,000
2 Beds ⋅ 3 Baths ⋅ 26026898 MLS
This move in ready townhome offers a well designed floor plan with open living space on the main level and bedrooms upstairs. The bright, spacious living room flows into the dining area and kitchen, making everyday living easy. Recent updates include a newer roof, air conditioner, furnace, carpet, and stainless steel appliances. Just minutes from the University of Kentucky, shops, and parks, with easy access to New Circle Road, it offers low-maintenance living in a convenient Lexington location. Homes at this price are few and far between, so don't miss your opportunity!

1145 Appian Crossing Way Unit 201, Lexington
1416 Ridgecrest Dr, Lexington
$227,000
2 Beds ⋅ 2 Baths ⋅ 26026849 MLS
Tucked between New Circle Road and Man o' War Boulevard, this 2-bedroom, 1½-bath Park Hills townhome offers a convenient Lexington location and a standout outdoor space. The oversized, immaculately maintained backyard is fully fenced, with a deck overlooking the lawn and plenty of room to relax or entertain. Inside, cheerful blue kitchen cabinetry adds personality, the dining area opens directly to the deck, and a brick fireplace anchors the living room. Both bedrooms are upstairs, and an attached one-car garage adds everyday convenience. The seller reports an HVAC system and smart thermostat installed in 2020, a refurbished deck in 2022, and crawl space drainage improvements and encapsulation in 2025, along with other improvements.

1416 Ridgecrest Dr, Lexington
602 Freeman Dr, Lexington
$229,900
3 Beds ⋅ 1 Baths ⋅ 26026648 MLS
Welcome to 602 Freeman Drive, a charming 3-bedroom, 1-bathroom home that blends classic character with thoughtful updates and everyday functionality. Step inside to find the warmth and character of original hardwood flooring, complemented by updated LVP flooring in the living room and hallway. The inviting layout offers comfortable living spaces and a practical kitchen with updated tile flooring, along with a convenient combination laundry and pantry area featuring excellent storage. The bathroom offers a beautiful built-in vanity with a granite countertop and a convenient stand-up shower. The home's third bedroom provides flexibility to suit your needs and could easily function as a bedroom, home office, hobby room, or additional living space. Outside, enjoy the spacious, private backyard, offering a peaceful retreat for morning coffee, entertaining, or simply relaxing. The 1-car garage provides convenient parking and additional storage, with a dedicated area that would be perfect for a workshop or hobby bench. For added peace of mind, the home features a new Generac whole-home generator installed in Fall 2025. Nestled in the established Mary Todd / Thoroughbred neighborhood, this move-in ready property offers a versatile floor plan, desirable updates, and plenty of potential—whether you're looking for a comfortable starter home or a turnkey addition to your investment portfolio. Schedule your private tour today and come see all that 602 Freeman Drive has to offer!

602 Freeman Dr, Lexington
750 Shaker Dr Unit 507, Lexington
$189,900
2 Beds ⋅ 2 Baths ⋅ 26026548 MLS
Welcome to Harrdosburg Square! A conveniently located condominium community just off Harrodsburg Rd near hospitals, shopping, UK, Transylvania University, Gatton Park, Rupp Arena, Red Mile and only a mile from Downtown Lexington. This two-bedroom, two-bathroom condo is located on the first floor and offers a nice private patio area. This property offers a nice floorplan with a sizable living space, a gallery kitchen with a full complement of appliances and a laundry area next to the kitchen that includes a washer/dryer combo unit. Additional features include a nice storage area off the patio, HOA fees cover electricity, water, snow removal, trash, clubhouse access, pool access and exterior maintenance. The clubhouse has a nice gathering area, lounge space, game areas and direct access to the pool. Schedule your showing today before this condo is gone!! **T.V./mount convey and all curtains convey with the property.**

750 Shaker Dr Unit 507, Lexington
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