500 Laketower Dr

A low-rise townhouse community developed in 1977, composed of multi-level end units and mid-block townhomes arranged around a small lake and landscaped common areas. Units are primarily three- and four-bedroom floorplans with features commonly found in suburban townhome construction of the late 1970s, updated over time with modern finishes. Interiors typically include open living areas, fireplaces, eat-in kitchens with breakfast bars and stone counters, recessed lighting, crown molding, primary suites on the ground floor in some layouts, and walk-in closets. Exterior amenities emphasize outdoor living: private patios or decks, community gardens, grills, a lakeside clubhouse with a swimming pool and pool deck, picnic areas, and direct lake access with boat/canoe storage and a small dock. Parking is provided via designated carports and covered spaces, with supplemental storage units adjacent to some patios; roofing, HVAC, and window systems have been replaced on many units in recent years. Pet and rental policies are governed by the homeowners association, which also maintains landscaping and the common recreational facilities. Situated in Lexington’s 40502 corridor, the community sits near neighborhoods like Chevy Chase and Ashland Park and offers quick access to downtown Lexington, the University of Kentucky, and local shopping and dining, promoting a relaxed, lake-oriented suburban lifestyle within city reach.