- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$335,000
Monthly Est:$1,667
4 Beds
- 2 Baths
2 full baths
2,190sqft
481 Severn Way, Lexington, KY 40503
$335,000
$1,667/moEst:
Get Pre-Approved
Single Family Residence
Built in 1974
$-- HOA
0.21 acre lot
$153/sq.ft
Description
For the first time since it was built in 1974, this one-owner Open Gates home is ready for its next chapter! Located in one of Lexington's most convenient established neighborhoods, you'll have quick access to Nicholasville Road, Harrodsburg Road, downtown Lexington and the University of Kentucky. The split-foyer design provides comfortable living space across both levels. Upstairs, the living room flows into the dining area, where glass doors extend the space onto the rear deck overlooking the fenced backyard. Three bedrooms and a full bath complete the main level, while downstairs offers a second gathering space anchored by a brick fireplace with gas logs. A fourth bedroom and full bath add flexibility for guests, a home office or additional living space, with the utility room and oversized one-car garage rounding out the lower level. This is a home with the space, layout and location to become something special. Bring your ideas, choose the finishes and make the updates that fit your style rather than paying for someone else's choices. With a fenced backyard, four-bedroom, two-bath layout and a sought-after Open Gates location, the foundation is here. Now it's ready for someone with a vision to make it their own.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 13, 2026 at 11:14 am
- Listing Provided by: Nicholas Ratliff (859) 351-9796 , Nick Ratliff Realty Team - Nicholas Ratliff | Real Broker, LLC - Lexington (855) 554-2075
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26021990

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1974
HOA Fees
-
Finished Area
2,190 sqft
Lot Size
0.21 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26021990
MLS Status
Active
Days on Market
79
Cumulative Days on Market
60

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Flooring
Hardwood, Vinyl, Other
Sewer
Public Sewer
Appliances
Dishwasher, Microwave, Range, Refrigerator
Heating
Electric, Heat Pump
Window Features
Blinds
Cooling
Electric, Heat Pump
Interior Features
Ceiling Fan(s), Eat In Kitchen, Entrance Foyer
Construction
Year Built
Year Built: 1974
Home type
Single Family Residence
Construction Materials
Brick Veneer
Architectural Style
Split Level
Foundation Details
Block
Roof
Shingle
Utilities & Energy
Laundry Features
Electric Dryer Hookup, Washer Hookup
Fireplace Features
Basement, Family Room, Gas Log, Masonry
Water Source
Public
Parking Features
Attached Garage, Basement, Driveway, Garage Faces Front
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Basement
Full, Partially Finished
Other Features
Patio And Porch Features
Deck, Porch, Front Porch
Lot Features
Few Trees
Subdivision Name
Open Gates
Price History
| Date | Event | Price |
|---|---|---|
08/14/2026 Source: | Listed for Sale | $335,000 $153/sqft |
Nearby Homes
Find Homes by Property Features in Lexington, KY
Based on information from the IMAGINE MLS® through Nov 01, 2026, 09:00PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
Advertising Broker: Donna Mink | Mink Realty









