1981 Favell Court Lexington, KY 40503
Listing Courtesy of: MLS LogoImagine MLS / Listed By: Amy Diamond-Kiper, ERA Select Real Estate

  1981 Favell Court Lexington, KY 40503

Contingent (13 Days)
$425,000 (USD)
4
BED
3
BATH
2,152
SQFT

Description

Some opportunities are defined by their potential. Others by their setting. This home offers both. Perfectly positioned in sought-after Grasmere, this tri-level enjoys one of the neighborhood's most coveted views—overlooking a picturesque four-board fenced horse farm, a setting that rarely becomes available, especially at this price point. Lovingly cared for by the same owners for decades, the home reflects years of pride in ownership. While many buyers may choose to update the kitchen and baths over time, there's no need to tackle everything at once. Stainless steel appliances have already been updated, the home has been well maintained, and it's comfortable and move-in ready from day one. The versatile tri-level floor plan offers multiple living spaces, generous room sizes, and an in-ground pool, creating plenty of room to relax, entertain, and make memories for years to come. Some features can be renovated. A setting like this cannot. If you've been waiting for the chance to own a home with an extraordinary view in one of the area's most established neighborhoods, this is an opportunity worth seeing.

MLS #:
26014992
Lot Size
0.27 acres
Type
Single-Family Home
Year Built
1976
Views
Farm
School District
Fayette County - 1
County
Fayette County
Community
Grasmere

Listed By

Amy Diamond-Kiper, ERA Select Real Estate
Source
Imagine MLS
Last checked Jul 8 2026 at 7:16 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Ceiling Fan(s)
  • Appliances: Dishwasher
  • Appliances: Microwave
  • Appliances: Range
  • Appliances: Refrigerator
  • Eat-In Kitchen
  • Breakfast Bar
  • Laundry Features: Washer Hookup
  • Laundry Features: Electric Dryer Hookup
Subdivision
  • Grasmere
Lot Information
  • Landscaped
  • Few Trees
Property Features
  • Fireplace: Family Room
  • Foundation: Block
Heating and Cooling
  • Heat Pump
Basement Information
  • Finished
  • Bath/Stubbed
Pool Information
  • In Ground
Flooring
  • Ceramic Tile
  • Hardwood
  • Carpet
Exterior Features
  • Brick Veneer
  • Wood Siding
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Stonewall
  • Middle School: Jessie Clark
  • High School: Lafayette
Parking
  • Garage Door Opener
  • Driveway
  • Attached Garage
Stories
  • Multi/Split
  • Three or More
Living Area
  • 2,152 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 28, 2026
Price Changed
$425,000
-5%
-$24,000
Jun 25, 2026
Listed
$449,000
-
-
Location
   
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Disclaimer: Copyright 2026 Imagine MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/8/26 00:16