

1981 Favell CourtLexington, KY 40503
Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 2,152 Sq. ft. | 0.27 Acres1981 Favell Court Overview
- Time on Site:
- 4 days
- Visits:
- 2
Some opportunities are defined by their potential. Others by their setting. This home offers both. Perfectly positioned in sought-after Grasmere, this tri-level enjoys one of the neighborhood's most coveted views—overlooking a picturesque four-board fenced horse farm, a setting that rarely becomes available, especially at this price point. Lovingly cared for by the same owners for decades, the home reflects years of pride in ownership. While many buyers may choose to update the kitchen and baths over time, there's no need to tackle everything at once. Stainless steel appliances have already been updated, the home has been well maintained, and it's comfortable and move-in ready from day one. The versatile tri-level floor plan offers multiple living spaces, generous room sizes, and an in-ground pool, creating plenty of room to relax, entertain, and make memories for years to come. Some features can be renovated. A setting like this cannot. If you've been waiting for the chance to own a home with an extraordinary view in one of the area's most established neighborhoods, this is an opportunity worth seeing.
1981 Favell Court Facts & Features
- Type Single Family
- Sq. ft. 2,152
- Price/Sq.ft. $197
- Lot 0.27 Acres
Details
General
Association/HOA
- Association: false
School Information
- Elementary School: Stonewall
- Middle Or Junior School: Jessie Clark
- High School: Lafayette
Building Information
- Year Built: 1976
Location/Region
- County Or Parish: Fayette
- MLS Area Major: 004 - Fayette County SW
- MLS Area Minor: 004 - Fayette County SW
- Subdivision Name: Grasmere
General Information
- Parcel Number: 26166688
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: true
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 1
- Bathrooms Total: 3
- Bedrooms Total: 4
Building Interior
- Above Grade Finished Area: 1458.0
- Below Grade Finished Area: 694.0
- Building Area Total: 2152.0
General Information
- Appliances: Dishwasher,Microwave,Refrigerator,Range
- Fireplace Features: Family Room
- Fireplace: true
- Fireplaces Total: 1
- Flooring: Carpet,Ceramic Tile,Hardwood
- Foundation Details: Block
- Interior Features: Breakfast Bar,Eat-in Kitchen,Ceiling Fan(s)
- Laundry Features: Electric Dryer Hookup,Washer Hookup
- Levels: Three Or More,Multi/Split
- Living Area: 2152.0
- Living Area Source: Appraiser
- Rooms Total: 12
Exterior
Parking Information
- Parking Features: Attached Garage,Driveway,Garage Door Opener
Lot Information
- Lot Features: Landscaped,Few Trees
- Lot Size Acres: 0.267
- Lot Size Area: 0.27
- Lot Size Source: Public Records
- Lot Size Square Feet: 11622.0
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- Waterfront: false
Building Exterior/Construction
- Attached Garage: false
- Construction Materials: Brick Veneer,Wood Siding
- Roof: Dimensional Style
General Information
- Carport: false
- Fencing: Privacy,Wood
- Horse: false
- Pool Features: In Ground
- Pool Private: true
- Sewer: Public Sewer
1981 Favell Court Neighborhood
Community
40503 (Lexington) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1981 Favell Court Monthly Cost
1981 Favell Court Market Data
Based on the last 30 days in this zip code
1981 Favell Court History
| Date | Value | Agent |
|---|---|---|
| 6/28/2026Source: Imagine MLS/Bluegrass | $425,000 -5.3% |
|
| 6/25/2026Source: Imagine MLS/Bluegrass | June 25, 2026 |