$250,000
 $1,419 est/mo Sourced by Back At You

1749 Russell Cave Road,Lexington, KY 40505

Lexington, KY 40505

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Description

Stone Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic property offers an excellent opportunity to meet Lexington's growing demand for housing bieng Zoned R-1E with utilities available. According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need. Please call Travis Rose at 859-806-1591 or Email travis.rose@svn.com for more information or to see the property.

Details

MLS #26015331
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site81
Listing Provided ByStone Real Estate | Matthew Stone

Features

ZoningOther
Acreage1.40

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40505
Area002 Fayette County NE
SubareaFayette County NE
Community NameKenawood
Listing VS Median (in Kenawood)
Price:
$250,000
low | high
Med:
$339,900
14.04% of Average
On site:
81
low | high
Med:
22
100% of Average
Sourced by Back At You

Market Activity 40505

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Learn More About This Property

StateKY
CountyFayette
CityLexington
Zip Code40505
Area002 Fayette County NE
SubareaFayette County NE
Community NameKenawood
Listing VS Median (in Kenawood)
Price:
$250,000
low | high
Med:
$339,900
14.04% of Average
On site:
81
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: June 29, 2026 at 3:29:41 PM PDT