Masterson Station

(See bottom of page for homes in this area)

Masterson Station is the largest neighborhood on the north end of Lexington (area 1) and is located near Masterson Sation Park, off Leestown Road. [Learn more about the neighborhood on its neighborhood homeowners association Web site.] Some of the main attractions for this neighborhood is the convenient location to downtown as well as the interstate.

Although not the largest neighborhood in all of Lexington, it does have the largest number of homes sold in the entire City.  Much of the turnover is due to the volume of smaller “starter” homes plus continuing expansion through new construction.  Roughly one third of all homes sales in Area 1 takes place in Masterson Station and about a quarter of these homes are less than 1500sq ft in size and priced under $145,000.  Average price per square foot here is $78 but one can have a brand new home built for as little as $88/sf and still possess the desired modern amenities like ceramic tile, hardwood flooring, stainless steel appliances, high efficiency heating & cooling, and more.

If your criteria is to get the best “bang for your buck”, Masterson Station is one of your best bets.  For example, you can buy a 6 year old custom quality 2 story home with all hardwood on the 1st floor, granite countertops, beautiful custom kitchen cabinets, master bath with lots of ceramic tile including shower & whirlpool, 2500sf PLUS unfinished basement, backing to Master Station Park, for only $272K!  Or, you can find a 3700sf home including a finished basement but possessing less of the bells & whistles and pay only $265K.


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lex logoSome of the information contained herein has been provided by the Lexington-Bluegrass Association of REALTORS. This information is from sources deemed reliable but not guaranteed by LBAR. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.