625 Severn Way, Lexington, KY 40503 (MLS# 26021687)

625 Severn Way, Lexington, KY 40503

$380,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,785 Lot Size (sq. ft.): 8,682 Status: Closed
Current Price: $380,000 List Date: 8/11/2026 Last Modified: 9/11/2026

Overview

Description

A highly desirable RANCH on a BASEMENT in 40503 with the possibility to expand! This very well-maintained home has had several recent updates by the sellers (including the major systems) making it a perfect purchase for the buyer looking for low maintenance & time to solely focus on making it their own. The basement has a large, finished, multi-use space AND an additional 750+ unfinished sq. ft. that offers huge potential... perhaps a 4th bedroom, 3rd full bathroom, bonus space, theatre room, you name it! Right now it provides an abundance of storage AND workshop space with its own exterior door to backyard. The first floor features a large, open living room with hardwood floors carried throughout into the bedrooms. The kitchen boasts updated appliances, granite counters, tile floors, and eat-in dining space OR potential for a large island w/ seating. You've also got a secondary dining space between the kitchen and living room for a larger table to host family and friends! The primary ...

Listing Details MLS# 26021687

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Status Change Timestamp
2026-09-11
Purchase Contract Date
2026-08-12
Close Date
2026-09-11
Close Price
380000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Fayette
Street Number
625
Street Name
Severn
Street Suffix
Way
State
KY
Zip Code
40503
Zip +4
2833
Directions
Pasadena to Ark Royal right on Severn
Parcel Number
17272950

Contract

Original List Price
375000
Start Showing Date
2026-08-11
Listing Contract Date
2026-08-11
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
210.08
Sold Price/SqFt
212.89
SP/LP
1.01

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Open Gates
High School District
Fayette County - 1

Interior

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
1269
Below Grade Finished Area
516
Below Grade Unfinished Area
753
Living Area
1785
Living Area Source
Appraiser
Basement YN
Yes
Fireplace YN
No

More Information

Parking Information

Garage YN
Yes
Garage Spaces
Yes
Carport YN
No

Building

Year Built
1968
Accessibility Features YN
No

Lot

Lot Size Source
Public Records
Lot Size Acres
0.199
Lot Size Square Feet
8682
Pool Private YN
No
Waterfront YN
No
Water Body Access YN
No
Horse YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
A highly desirable RANCH on a BASEMENT in 40503 with the possibility to expand! This very well-maintained home has had several recent updates by the sellers (including the major systems) making it a perfect purchase for the buyer looking for low maintenance & time to solely focus on making it their own. The basement has a large, finished, multi-use space AND an additional 750+ unfinished sq. ft. that offers huge potential... perhaps a 4th bedroom, 3rd full bathroom, bonus space, theatre room, you name it! Right now it provides an abundance of storage AND workshop space with its own exterior door to backyard. The first floor features a large, open living room with hardwood floors carried throughout into the bedrooms. The kitchen boasts updated appliances, granite counters, tile floors, and eat-in dining space OR potential for a large island w/ seating. You've also got a secondary dining space between the kitchen and living room for a larger table to host family and friends! The primary bedroom has its own full bathroom that was completely remodeled by sellers. Other recent notable updates: the privacy fence, back deck & patio, radon mitigation system, new roof, leaf filter system w/ warranty, new A/C unit, underground termite system, interior & exterior painting, crown molding, and more! Please see full update list attached to listing. This home is positioned perfectly between Nicholasville Road and Harrodsburg Road - close to Stonewall Commons Shopping Center, Wellington Dog Park, Southland Park, Lexington Catholic, and the Southland Drive corridor. Districted for Clays Mill, Jessie Clark & Lafayette. Don't miss out on this one!

Amenity Fee Details

Amenity Fee YN
No

Room Types

Bathroom 1 Level
First
Bathroom 2 Level
First
Bedroom 1 Level
First
Bedroom 2 Level
First
Bedroom 3 Level
First
Bonus Room Level
Lower
Den Level
Lower
Family Room Level
First
Foyer Level
First
Kitchen Level
First
Primary Bathroom Level
First
Primary Bedroom Level
First
Utility Room Level
Lower

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Electricity Connected; Natural Gas Connected; Sewer Connected Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Architectural Style: Ranch Attic Features: Access Only Basement: Concrete; Exterior Entry; Full; Interior Entry; Partially Finished; Walk-Up Access Community Features: Park Construction Materials: Brick Cooling: Electric Exterior Features: Storm Door(s) Fencing: Privacy; Wood Flooring: Hardwood; Tile Foundation Details: Block Heating: Electric; Forced Air; Heat Pump Interior Features: Ceiling Fan(s); Eat-in Kitchen; Primary First Floor Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One Lot Features: Few Trees Other Structures: Shed(s) Parking Features: Attached Garage; Driveway; Garage Door Opener; Garage Faces Front Patio And Porch Details: Rear Patio; Front Porch Patio And Porch Features: Deck; Patio; Porch Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Structure Type: House Water Heater: Gas Water Source: Public Window Features: Blinds Showing Requirements: Call Listing Agent; Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bedroom 3; Bonus Room; Den; Dining Room; Family Room; Foyer; Kitchen; Primary Bathroom; Primary Bedroom; Utility Room

Room Information

Room Name Level
Foyer First
Kitchen First
Family Room First
Primary Bedroom First
Primary Bathroom First
Bedroom 2 First
Bedroom 3 First
Bathroom 2 First
Bonus Room Lower
Den Lower
Utility Room Lower
Listing Office: The Brokerage
Last Updated: September - 11 - 2026
Information deemed reliable but not guaranteed.