About 481 Severn Way
For the first time since it was built in 1974, this one-owner Open Gates home is ready for its next chapter! Located in one of Lexington's most convenient established neighborhoods, you'll have quick access to Nicholasville Road, Harrodsburg Road, downtown Lexington and the University of Kentucky. The split-foyer design provides comfortable living space across both levels. Upstairs, the living room flows into the dining area, where glass doors extend the space onto the rear deck overlooking the fenced backyard. Three bedrooms and a full bath complete the main level, while downstairs offers a second gathering space anchored by a brick fireplace with gas logs. A fourth bedroom and full bath add flexibility for guests, a home office or additional living space, with the utility room and oversized one-car garage rounding out the lower level. This is a home with the space, layout and location to become something special. Bring your ideas, choose the finishes and make the updates that fit your style rather than paying for someone else's choices. With a fenced backyard, four-bedroom, two-bath layout and a sought-after Open Gates location, the foundation is here. Now it's ready for someone with a vision to make it their own.
Residential property for sale in Lexington, KY at 481 Severn Way. This 4 bedroom Residential property is priced at $153/sqft
Facts & Features of 481 Severn Way
| MLS® # | 26021990 |
|---|---|
| Price | $335,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,190 |
| Acres | 0.21 |
| Year Built | 1974 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Split Level, Raised Ranch |
| Status | Active |
Community Information of 481 Severn Way
| Address | 481 Severn Way |
|---|---|
| Area | 004 - Fayette County SW |
| Subdivision | Open Gates |
| City | Lexington |
| County | Fayette |
| State | KY |
| Zip Code | 40503 |
Amenities of 481 Severn Way
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Attached Garage, Basement, Driveway, Garage Faces Front |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior of 481 Severn Way
| Interior Features | Entrance Foyer, Eat-in Kitchen, Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Microwave, Refrigerator, Range |
| Heating | Electric, Heat Pump |
| Cooling | Electric, Heat Pump |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Basement, Family Room, Gas Log, Masonry |
| Stories | Multi/Split |
| Basement | Full, Partially Finished |
| Primary Suite On Main floor | No |
Exterior of 481 Severn Way
| Lot Description | Few Trees |
|---|---|
| Windows | Blinds |
| Roof | Shingle |
| Construction | Brick Veneer |
| Foundation | Block |
School Information On 481 Severn Way
| District | Fayette County - 1 |
|---|---|
| Elementary | Clays Mill |
| Middle | Jessie Clark |
| High | Lafayette |
Additional Information On 481 Severn Way
| Date Listed | August 5th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 481 Severn Way
| Office | Real Broker, LLC - Lexington |
|---|
