40517 Homes with Walkout Basement

40517 Homes with Walkout Basement

Welcome to the vibrant and inviting community of Lexington, KY, specifically in the charming 40517 zip code. Nestled in Fayette County, this area is known for its beautiful landscapes, rich history, and a warm sense of community that makes it a perfect place to call home.

The 40517 area is characterized by its diverse neighborhoods, offering a blend of modern amenities and traditional Southern charm. Residents enjoy easy access to a variety of parks, shopping centers, and dining options, making it a hub for both leisure and convenience. With its close proximity to downtown Lexington, you can experience the excitement of urban living while still enjoying the tranquility of suburban life.

One of the standout features of homes in this area is the availability of properties with walkout basements. These unique spaces not only enhance the functionality of your home but also provide an excellent opportunity for additional living areas, entertainment spaces, or even a cozy home office. Imagine stepping out into your backyard from your lower level, seamlessly blending indoor and outdoor living. Whether you’re hosting summer barbecues or enjoying quiet evenings under the stars, walkout basements add an extra layer of enjoyment to your home.

With a rich array of housing options, from charming single-family homes to modern townhouses, the 40517 zip code is a fantastic choice for families, professionals, and retirees alike. Discover the perfect blend of comfort, convenience, and community in Lexington, KY, and experience all that this delightful area has to offer!

Newest 40517 Homes with Walkout Basement

$250,000
3 Beds 3 Baths 26017225 MLS
Whether you're searching for your first home, a smart house-hacking opportunity, or a flexible layout for multi-generational living, this move-in ready townhome offers possibilities that are hard to find, at an affordable price point! The thoughtfully designed floor plan features 3 spacious bedrooms, each with direct access to an en-suite bathroom and generous closet space. Two bedrooms are located on the upper level, while the third is tucked away on the lower level, separated by the home's main living area for additional privacy. The walkout basement functions as its own private suite, complete with a separate side entrance, family room, and bedroom with an en-suite full bathroom. It's an ideal setup for extended family, long-term guests, house-hackers with roommates, or anyone looking for additional flexibility under one roof. On the main level, there is a spacious living room, half bathroom, and an eat-in kitchen that offers plenty of cabinet space and sleek updated appliances. Another rarity for this townhome is the outdoor space; you won't have to compromise here! Situated on a large corner lot, the property features a deep, fully fenced backyard along with covered front and back porches that make relaxing or entertaining easy. Best of all, there are no pesky HOA or condo fees! The location provides quick access to New Circle Road, the University of Kentucky, downtown Lexington, and Hamburg, putting shopping, dining, and everyday conveniences just minutes away.

1415 Ridgecrest Dr, Lexington

$298,000
3 Beds 3 Baths 26014381 MLS
Tucked away in the highly desirable Forest Ridge community, this beautifully maintained townhome offers an exceptional blend of privacy, space, and convenience just off Tates Creek Road. Positioned on one of the premier lots in the neighborhood, the home features over 2,200 square feet of thoughtfully designed living space across three levels, with serene wooded views from most windows. The main level welcomes you with a spacious great room highlighted by soaring vaulted ceilings and a cozy woodburning fireplace--perfect for both relaxing evenings and entertaining guests. A bright dining area flows seamlessly into the galley-style kitchen, complemented by a convenient half bath. Upstairs, you'll find two generously sized bedrooms connected by a Jack-and-Jill bathroom, along with a conveniently located laundry closet. The walkout lower level provides incredible flexibility, featuring a second living area, a third bedroom, and a large full bathroom with a whirlpool tub--ideal for guests, a home office, or multi-generational living. Recent updates (April 2026) include new granite countertops and new kitchen stove, new flooring throughout the main level, updated lighting in the living and dining areas, new blinds, and fresh paint throughout. Additional improvements include a new hot water heater (2026) and a newer HVAC system (2023), Kitchen Refrigerator and Microwave less than 2 yrs old, offering true move-in-ready peace of mind. Enjoy outdoor living on the private deck or brick patio, both surrounded by mature trees for added tranquility. A one-car attached garage completes this exceptional home. One Year Home Warranty with accepted offer. Don't miss this rare opportunity--schedule your private showing today.

3410 Spangler Dr Unit 20, Lexington

$399,000
4 Beds 3 Baths 26013135 MLS
Welcome to 3508 Arden Place, a beautifully remodeled ranch on a walk-out basement in the highly sought-after Gainesway neighborhood. Thoughtfully updated from top to bottom, this home has a trendy, artistic edge while still holding onto its classic charm, blending character with modern designer finishes throughout. The remodeled kitchen features butcher block countertops, a farmhouse sink, stainless steel appliances, a low-profile microwave, and a timeless checkered tile floor. The wall between the kitchen and living room has been opened up, creating a brighter, more connected layout that feels perfect for everyday living and entertaining. The main level offers three bedrooms and a stunning fully remodeled hallway bathroom with floor-to-ceiling 2x4 tile, a white oak double-bowl mitered vanity, two free-mounted mirrors, designer sconces, a soaking tub, a walk-in tile shower, and champagne bronze fixtures. The remodeled half bath adds even more style with a checkered tile floor and a single-bowl mitered vanity. Downstairs, the finished walk-out basement provides incredible additional living space, featuring a spacious recreation room with its own fireplace, an adjacent bedroom or flex room, a full bathroom with a new tile surround, and convenient access to the backyard. The laundry room includes a new tankless water heater. With a newer roof, newer HVAC system, updated finishes, multiple living spaces, and a highly desirable Gainesway location, this home is truly move-in ready. Homes with this level of style and updates do not come along often — do not delay.

3508 Arden Pl, Lexington

$360,000
4 Beds 2 Baths 26012554 MLS
Welcome home to this beautifully updated 4-bedroom, 2-bath Cape Cod nestled in one of Lexington's very desirable and convenient locations! Situated on a rare lot of nearly 3/4 of an acre—significantly larger than most homes in the neighborhood—this property offers the perfect blend of character, modern updates, and outdoor living. Step inside and immediately appreciate the warmth of the real hardwood flooring, abundant natural light, and spacious room sizes throughout. The thoughtfully updated kitchen features granite countertops, subway tile backsplash, updated cabinetry, and newer appliances, creating a stylish and functional space for everyday living and entertaining. Recent improvements provide peace of mind for years to come, including a new roof and professionally sealed attic (2021), professionally anchored and reinforced foundation wall with a transferrable warranty, French drain and sump pump installation, updated bathrooms, refinished hardwood flooring on both levels, updated lighting, and the removal of the chimney with the addition of gas logs for enhanced safety and comfort. The flexible floor plan offers four generously sized bedrooms, two full baths, abundant storage throughout, and the convenience of laundry accommodations on either the lower level or upstairs. A partial unfinished basement provides even more storage space, or even more potential for an additional finished space if needed. Outside, you'll find a fully fenced backyard retreat with a secluded feel, mature landscaping, a spacious deck, and a patio area perfect for entertaining, relaxing, or enjoying quiet evenings outdoors. Location truly sets this home apart. Enjoy easy access to shopping, dining, and entertainment with Target, The Summit at Fritz Farm, and Fayette Mall just minutes away. Outdoor enthusiasts and pet owners will love being near Shillito Park and Kirklevington Park, while nearby schools add to the home's everyday convenience. Finding a well-maintained 4-bedroom, 2-bath home with this level of updates, storage, lot size, and location is increasingly rare in this area. Selling as-is with time of sale contingent on Seller finding next permanent place of residence which is actively being searched for. Don't miss your opportunity to make this exceptional Lexington property your next home!

222 Wilson Downing Rd, Lexington

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