For Sale
Single family home for sale at 481 Severn Way, Lexington, KY 40503 | MLS# 26021990 | Listing updated on 2026-10-13
Photo 1 of Single family home for sale at 481 Severn Way, Lexington, KY 40503 | MLS# 26021990 | Listing updated on 2026-10-13
Photo 2 of Single family home for sale at 481 Severn Way, Lexington, KY 40503 | MLS# 26021990 | Listing updated on 2026-10-13
Photo 3 of Single family home for sale at 481 Severn Way, Lexington, KY 40503 | MLS# 26021990 | Listing updated on 2026-10-13
Photo 4 of Single family home for sale at 481 Severn Way, Lexington, KY 40503 | MLS# 26021990 | Listing updated on 2026-10-13
14+
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Street View

$335,000

Monthly Est:$1,667

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,190sqft

481 Severn Way, Lexington, KY 40503

$1,667/moEst:

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  • 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 Lexington Bluegrass AOR (Imagine) MLS-KY

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Fayette County

  • City

    Lexington

  • 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

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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

DateEventPrice

08/14/2026

Source: mls_logoLexington Bluegrass AOR (Imagine) MLS-KY #26021990

Listed for Sale

$335,000

$153/sqft

Nearby Homes

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.

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