Diamonds in the Rough - Under 300,000, These 2 Lexington Hot Spots for sale Deserve A Serious Look
Over the last day, I feel like I have truly stumbled on two sweet home buys here in the Lexington Kentucky real estate market. I have been calling and emailing every buyer I know looking in this price range, or simply looking for a unique home with a big sales tag attached to it!
Now both of these homes need some attention to detail. And I’m not just taking the small things like vacuuming and dusting. Both of these hidden jewels need some good ole fashion TCL and sweat. And if that is your game, one of these homes should be your new home court.
Listed for 249,900, this 3 bedroom sprawling ranch in the Tahoma Terrace neighborhood sits on nearly ¾ acre lot, probably worth as much as the asking price itself. Just minutes from Central Baptist Hospital and downtown Lexington, Tahoma Terrace is a sought-after older established Lexington neighborhood with large lots, tree lined streets and a picturesque setting of peace and quiet all neatly placed in the middle of the city. Located off of Nicholasville Road, this gem area is within walking distance to the University of Kentucky Arboretum. It has even been reported that one out of state buyer bought a home sight unseen, just to be in the neighborhood.
So I am sure you would agree with me on this diamond in the rough, it is a great location! The home still retains its beautiful oak hardwood floors. Your expense would come in the areas of plumbing and electrical, as it needs to be brought up code. The bathrooms and kitchen could also use a more modern touch. Recent improvements include new paint and the water proofing of the basement. I especially like the covered back porch, a good place to sip your Kentucky beverage of choice and listen to the birds sing. Homes on this street see values between 500,000-700,000 even on a rainy day. If you can do the work, you will appreciate this Tahoma beauty and your sweat equity will certainly pay off!
Fresh on the Lexington KY real estate market as of, oh, 5 hours ago, this 260,000 Andover Hills home can call itself the Price is Right! Homes of similar size normally hit the market with asking prices of 350,000 and above. Easy on the eyes, this charming 2-story has 5 large bedrooms and spans over 4,600 square feet. Situation on a walk up basement, you will have plenty of room to host those Kentucky Derby parties and all the fun events for the year. Andover Hills is located off of Todds Road. Andover is one of my favorite areas of the Lexington real estate scene. What I love so much about Andover is the real sense of community. There are a ton of children of all ages and every time I am in the area, kids are out in droves riding bikes, playing an old fashion game of hopscotch or out catching lighting bugs at dusk. This is a wonderful area to start and raise a family.
This Andover Hill abode has the community feel and all it needs is for you to give it a little makeover. New paint, carpet, and some minor detailing will go a long.
Stay tuned to my blog as later this week, I will provide you with the most important tips and things to look for before jumping in feet first on a fixer upper. Have any questions or interested in taking a live tour of one of these homes or any home on the Lexington KY real estate market? Call/text or email me anytime to setup your private showing. Reporting live in Lexington, KY -KimSoper.com
Lexington KY is always #1 in my book! Whether you want to buy a downtown condo, a custom walkout ranch on a golf course, or a horse farm in the country, I can help find the perfect home for you – as well as help you sell your home. In addition to Lexington Real Estate, I specialize in the nearby towns of Paris, Midway, Georgetown, and Versailles.