Cheap homes for sale & real estate in 40516, KY

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ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Discover your dream homesite on this rare 10.3 acre estate lot located in one of Lexington's premier gated communities. Offering unmatched privacy, natural beauty, and luxurious amenities, this expansive property is the ideal canvas for your custom-built home. The lot gently slopes and backs directly to a picturesque neighborhood lake, providing breathtaking water views, peaceful reflections, and the perfect setting for outdoor living. Offering serenity and seclusion, while the open spaces provide plenty of room for your visionâ€”whether it's a private retreat, equestrian estate, or entertainer's paradise. Enjoy the security of a gated entrance, well-maintained roads, and a

$389,898

— beds— baths— sq ft

4175 Ambergy Ct, Lexington, KY 40516

10.3 acre estate lot • Outdoor living • Lakefront acreage

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
One week price special!!!THE BEST WATER VIEW CLOSE TO THE GATED ENTRY IN GLENNLAKE ESTATES READY NOW!! PRICED TO SELL!!! Perfectly situated 10 acres at the front of a prestigious, gated subdivision, this homesite offers breathtaking, panoramic views of your very own shimmering lake—where sunlight dances across the water by day and golden reflections of the sunset ripple into dusk. Whether you're sipping morning coffee or hosting evening gatherings, the water becomes a stunning natural centerpiece, offering serenity and spectacle in equal measure. Newly paved roads wind gently through the community, flanked by fresh fencing and thoughtfully designed common areas that enhance the charm

$349,000

— beds— baths— sq ft

4540 Wilson Lake Ln, Lexington, KY 40516

Fresh fencing • Common areas • Gated entry

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
* * * CHRISTMAS SALE * * * SELLER will pay closing costs with acceptable offer. One of a kind exclusive subdivision on 10 acre tracts, 3 private lakes and gorgeous views. Bring your horse and get started on your dream home today! You can bring your own builder with board approved plans. Seller has already paid both an architect and builder 25k for plans and will happily convey to buyer saving you the cost. This is the only lot with your choice of two entrances on either Garner or Ambergy. There is no other subdivision like this in Central Kentucky.

$365,000

— beds— baths— sq ft

4322 Ambergy Ct, Lexington, KY 40516

Gorgeous views • Private lakes • 10 acre lot

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Introducing a rare gem nestled within the prestigious Glennlake Estates: a stunning lot spanning 10 acres of Fayette County's pristine landscape. This unparalleled property offers a unique opportunity to own a piece of paradise, where tranquility meets convenience. You will have access to 3 lakes located on the property! Don't miss out on this one of kind lot in Fayette County.

$360,000

— beds— baths— sq ft

2248 Garner Ln, Lexington, KY 40516

10 acres • 3 lakes • 10.1 acre lot

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
5 Spectacular 10 acre lots available - $325,000.00/lot at Glennlake Estates. Decompress as you drive through horse country into the gated estate of Glennwood Lakes. Build your dream home and enjoy quiet evenings and starlit nights. Property boundaries are not warranted, please refer to recorded plat.

$325,000

— beds— baths— sq ft

3948 Wilson Lake Ln #25, Lexington, KY 40516

10 acre lots • Gated estate • 10.2 acre lot

Property at 4300 Oscar Dr #6, Lexington, KY 40516

$325,000

— beds— baths— sq ft

4300 Oscar Dr #6, Lexington, KY 40516

Property at 4575 Wilson Lake Ln, Lexington, KY 40516

$385,000

— beds— baths— sq ft

4575 Wilson Lake Ln, Lexington, KY 40516

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NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Outstanding rare find! Thoughtfully designed layout with quality finishes throughout. Well appointed kitchen, Open family area, Impressive first floor owners suite, Massive finished walk out basement (ideal for home office), Fenced lawn, Perfect for family & entertaining. Excellent location. Schedule your private showing today. Priced to Sell-Hurry!

$439,900

5 beds4 baths3,317 sq ft

3373 Royal Troon Rd, Lexington, KY 40509

Open family area • Fenced lawn • 5,662 sq ft lot

NEW 20 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Welcome home to this inviting corner-lot townhome featuring 3 bedrooms and 1.5 baths. Relax on the covered back porch or host gatherings on the spacious rear deck. Inside, enjoy fresh, updated paint and stylish vinyl flooring throughout. A newer HVAC system provides added comfort and efficiency. Conveniently located near New Circle Road with quick access to shopping and dining, this move-in-ready home offers the perfect blend of comfort, style, and location. An opportunity you won't want to miss!

$149,900

3 beds1.5 baths1,080 sq ft

292 Osage Ct, Lexington, KY 40509

Corner-lot townhome • Spacious rear deck • Covered back porch

OPEN SUN, 1PM TO 3PM

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Adorable all-brick ranch located on a quiet cul-de-sac in Lexington! This well-maintained 4-bedroom, 1-bath home is in great condition and offers hardwood floors throughout, a convenient carport, and a screened porch perfect for enjoying the outdoors. The spacious yard provides plenty of room to relax, play, or entertain. Ideal for first-time homebuyer or an investor looking to add a solid property to their portfolio. Convenient location with easy access to shopping, dining, and schools.

$209,900

4 beds1 bath1,249 sq ft

1909 Deep Glen Ct, Lexington, KY 40505

7,318 sq ft lot • Parking • Built 1963

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Fully renovated and thoughtfully updated, this 2-bedroom, 1-bath home offers move-in-ready living. Inside, the space feels fresh and welcoming with new luxury vinyl flooring, updated lighting and fixtures, and a neutral color palette that complements any style. The kitchen has been completely refreshed with new cabinetry, granite countertops, and brand-new stainless steel appliances. Major improvements include a new roof covering, New Luxury vinyl flooring, new HVAC system, brand-new windows, and new entry doors. An unfinished Basement with washer and dryer hookup and an exit to the back yard along with a storage shed for added convenience. The unfinished Basement and attic have potential f

$209,000

2 beds1 bath800 sq ft

841 E Loudon Ave, Lexington, KY 40505

Fully renovated • New cabinetry • Updated lighting

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Investment Opportunity. This one story home has 3 bedrooms and 2 baths. It has nice size backyard and is close to Downtown, Winchester Rd, etc. The property will need a complete renovation.

$129,900

3 beds2 baths1,240 sq ft

635 Breckenridge St, Lexington, KY 40508

One story home • Nice size backyard • Complete renovation

ABOUT THIS HOME
Cheap Home for sale in 40516, KY:
Looking for investors!!! Property is leased until Oct 2026. Renting for $1,850 a month. This cape cod is on a cut-de-sac with 4 bedrooms and 2 full bathrooms. The main level offers a living room with hardwood floors and eat in kitchen with stove and refrigerator. One car detached garage and spacious yard.

$265,000

4 beds2 baths1,190 sq ft

2457 Butternut Hill Ct, Lexington, KY 40509

7,405 sq ft lot • Garage • Built 1968

Property at 2089 Falling Leaves Ln, Lexington, KY 40509, 3 beds, 3.5 baths

$445,000

3 beds3.5 baths2,294 sq ft

2089 Falling Leaves Ln, Lexington, KY 40509

Property at 1952 Belhurst Way, Lexington, KY 40509, 4 beds, 2.5 baths

$436,262

4 beds2.5 baths2,498 sq ft

1952 Belhurst Way, Lexington, KY 40509

Property at 329 Larkwood Dr, Lexington, KY 40509, 3 beds, 1 bath

$199,000

3 beds1 bath1,025 sq ft

329 Larkwood Dr, Lexington, KY 40509

Property at 1015 Pennebaker Dr, Lexington, KY 40511, 3 beds, 2 baths

$229,000

3 beds2 baths1,440 sq ft

1015 Pennebaker Dr, Lexington, KY 40511

Property at 2101 St Christopher Dr, Lexington, KY 40502, 3 beds, 1 bath

$199,900

3 beds1 bath1,073 sq ft

2101 St Christopher Dr, Lexington, KY 40502

Property at 816 Statesman Way, Lexington, KY 40505, 3 beds, 2.5 baths

$264,000

3 beds2.5 baths1,291 sq ft

816 Statesman Way, Lexington, KY 40505

Property at 916 Meadow Ln, Lexington, KY 40505, 3 beds, 1 bath

$245,000

3 beds1 bath1,545 sq ft

916 Meadow Ln, Lexington, KY 40505

Property at 330 Richmond Ave, Lexington, KY 40502, 3 beds, 1 bath

$284,950

3 beds1 bath1,149 sq ft

330 Richmond Ave, Lexington, KY 40502

Property at 1841 Wayland Dr, Lexington, KY 40505, 4 beds, 2.5 baths

$330,000

4 beds2.5 baths1,751 sq ft

1841 Wayland Dr, Lexington, KY 40505

Property at 1104 Oak Hill Dr, Lexington, KY 40505, 3 beds, 1 bath

$285,000

3 beds1 bath1,746 sq ft

1104 Oak Hill Dr, Lexington, KY 40505

Property at 934 Dayton Ave, Lexington, KY 40505, 4 beds, 1.5 baths

$139,900

4 beds1.5 baths1,190 sq ft

934 Dayton Ave, Lexington, KY 40505

Property at 744 Pioneer Ln, Lexington, KY 40505, 3 beds, 2.5 baths

$294,900

3 beds2.5 baths1,402 sq ft

744 Pioneer Ln, Lexington, KY 40505

Property at 1699 Bryan Station Rd, Lexington, KY 40505, 2 beds, 1 bath

$205,000

2 beds1 bath945 sq ft

1699 Bryan Station Rd, Lexington, KY 40505

Property at 3443 Samuel Ln, Lexington, KY 40511

$50,000

— beds— baths— sq ft

3443 Samuel Ln, Lexington, KY 40511

Cheap Homes for Sale in 40516

There are currently 7 cheap homes for sale in 40516 at a median listing price of $270K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 40516 stay on the market for 41 days. This map is refreshed with the newest listings in 40516 every 15 minutes.

In the past month, 3 homes have been sold in 40516. In addition to houses in 40516, there were also 0 condos, 2 townhouses, and 0 multi-family units for sale in 40516 last month. 40516 is a not walkable zip code in Kentucky with a Walk Score of 5. 40516 is home to approximately 2,432 people and 1,726 jobs. Find your dream home in 40516 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 40516 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 40516. If you're looking to sell your home in the 40516 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 40516 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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