Still waiting for the "right time" to buy? At some point, the better question may be what it would cost to recreate what is already sitting in front of you. Welcome to 2769 Michelle Park, offered at $299,000. This 3-bedroom, 2-bath ranch offers 1,371 square feet of one-level living, an attached 2-car garage, a privacy-fenced backyard and a deck, all in an established Lexington location. Here is where the value gets interesting. Go find the lot, pour the foundation, frame the house, add the garage, roof, HVAC, electrical, plumbing, kitchen, two bathrooms, flooring, appliances, driveway, fencing and deck, then try to put the finished product in this part of Lexington for $299,000. Recreating this combination of home, improvements and location at this price point would be extremely difficult in today's construction environment. Sometimes the smartest way to get the house you want is to buy the one that is already built. And this one is ready for its next owner. The home has been completely repainted and recently pressure washed, while a roof replaced in April 2025 and a water heater approximately nine months old take care of two of the bigger-ticket items. Inside, the vaulted great room with gas-log fireplace opens into an eat-in kitchen with plenty of cabinet space. The first-floor primary suite, two additional bedrooms and second full bath keep everything conveniently on one level. Out back, the setting gets even better. The home backs up to green space, so there are no neighbors directly behind you, giving the backyard a little more privacy and breathing room. There is also a nearby park, adding to the everyday livability of the location. This is not a house trying to be something it is not. It is clean, move-in ready and gives the next owner a solid home they can enjoy now and make their own over time. Go price the lot. Ask a builder what it would cost to reproduce it. Then come take a look at 2769 Michelle Park. At some point, waiting for the "perfect market" starts costing more than simply buying a good house that already exists.
Based on the average sale price from the Hurstbourne, KY office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
2769 Michelle Park Lexington, KY is a Single Family Home for sale at $299000 with 1371 sqft and a lot size of 0.09 Acres Acre(s). 2769 Michelle Park Lexington has 3 bedrooms, 2 baths and was built in 2003. The property's zip code is 40511 which is in Lexington, KY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.