$5,344 Closing Credit¹
#25010189, Listing Office: National Real Estate
$445,000 List price
481 Alderbrook Way Lexington, KY 40515
$5,284
Closing credit¹
4 beds
2 full, 1 partial
0.2 acres
House
Property details
About 481 Alderbrook Way
Well-maintained 4-bedroom, 2.5-bath home offering 2,354 sq ft of comfortable living space, plus a full unfinished basement--perfect for future expansion or added equity. Situated in a quiet cul-de-sac, this home backs to a scenic tree line and a small stream, creating a peaceful and private outdoor setting. The traditional floor plan features an open-concept kitchen and living room with fireplace, a formal dining room, and all bedrooms located on the upper level for added privacy. Enjoy outdoor living on the beautiful deck overlooking the wooded lot. Additional highlights include a two-car garage, ample storage, and a prime location close to local amenities. Move-in ready with tons of potential!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingElectric
BasementYes
Lot size0.17 Acres
Year built2004
ParkingOff Street, Driveway
MLS #25010779
FireplaceLiving Room, Ventless
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Disposal, Gas Water Heater, Refrigerator, Range, Dishwasher
- Basement: Yes
- Flooring Type: Carpet, Tile, Hardwood
- Interior: Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
- Fireplace: Living Room, Ventless
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Off Street, Driveway
- Heating: Natural Gas, Forced Air
- Cooling: Electric
- List Price: $445,000
- Annual Tax Amount: $4,204
- Tax Year: 2023
- Directions: M-O-W turn onto Clearwater (Waterford), Right on Ridgeater, Left on Brookridge, Right on Alderbrook, home is on the Right
- Year Built: 2004
- Stories: 2
- Lot Size: 0.17 Acres
- MLS Number: 25010779
- Office Name: Coldwell Banker McMahan
- Office Phone: (859) 266-1800
- Office Email: knisbet@coldwellbanker.com
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$445,000
481 Alderbrook Way
$5,284
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 07, 2021 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $340,000 | $4,204 |
| 2022 | $340,000 | $4,343 |
| 2021 | $238,600 | $2,530 |
| 2019 | $238,600 | $3,047 |
| 2018 | $238,600 | $3,047 |
History based on county public records data.
Nearby schools
5
Southern Elementary School
Public District PK-5
1.1 mi
•340 Wilson Downing Rd
7
Veterans Park Elementary School
Public District KG-5
1.2 mi
•4351 Clearwater Way
3
Lansdowne Elementary School
Public District PK-5
1.8 mi
•336 Redding Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,222. Residents of Lexington, KY typically earn between $35k-100k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
53%
35k-100k
29%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
21%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
NBA/WNBA
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Qdoba
What do the neighbors drive?
Mazda
Volvo
Infiniti
What do the neighbors listen to?
Rock
Talk/Personality- Active Rock
All data provided by Home Junction and Claritas
Similar homes for sale
$5,700 Closing Credit¹
#25009104, Listing Office: National Real Estate
$4,732 Closing Credit¹
#25010683, Listing Office: The Agency
$4,511 Closing Credit¹
#25004008, Listing Office: RE/MAX Creative Realty
Backup offers
$6,104 Closing Credit¹
#25008685, Listing Office: The Real Estate Group
Backup offers
$6,293 Closing Credit¹
#25010533, Listing Office: Bluegrass Property Exchange
Tour
$4,275 Closing Credit¹
#25009021, Listing Office: Lifstyl Real Estate
$5,581 Closing Credit¹
#25004720, Listing Office: RE/MAX Creative Realty
Backup offers
$5,699 Closing Credit¹
#25007873, Listing Office: Rector Hayden Realtors
Backup offers
$4,571 Closing Credit¹
#25010893, Listing Office: Kenimer Realty
Frequently asked questions
About 481 Alderbrook Way
The listing price of 481 Alderbrook Way property is $445,000.
The property 481 Alderbrook Way is a house located in Lexington, Kentucky, 40515.
Active Listing: 481 Alderbrook Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 481 Alderbrook Way are: Southern Elementary School (GreatSchools Rating 5/10), Veterans Park Elementary School (GreatSchools Rating 7/10), Lansdowne Elementary School (GreatSchools Rating 3/10), Southern Middle School (GreatSchools Rating 4/10), Tates Creek Middle School (GreatSchools Rating 3/10), Jessie M. Clark Middle School (GreatSchools Rating 8/10), Tates Creek High School (GreatSchools Rating 4/10), Opportunity Middle College (GreatSchools Rating 9/10), Lafayette High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $4,204 (source: MLS/based on county public records data).
The last sale was on June 7, 2021 for $340,000 (source: MLS/tax record).
The property at 481 Alderbrook Way has 4 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 481 Alderbrook Way is 2004.
This home is located at 481 Alderbrook Way in Lexington, KY and zip code 40515 in the District 9 neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $445,000.
While more than 106 listings in Lexington, KY in May 2025 were sold above asking price, there were more than 104 listings sold at asking price, and more than 159 were sold below. The number of homes for sale in Lexington, KY increased by 8.6% between April and May 2025. The median list price of listings available in May 2025 was $330,208, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.