About This Home

This 2-bedroom, 1-bathroom condo at 175 Malabu Drive #40 in Lexington, KY is listed for $145,000 ($159 per sqft). Built in 1969, the home offers 911 sqft of living space on a N/A lot.

Key Features

  • Built in 1969
  • Private pool

Property Details

1 story
1 full
#40
1969

Amenities

PoolA/C
Listing Description

LOW-MAINTENANCE LIVING IN MALABU TERRACE, INSIDE NEW CIRCLE ROAD! This move-in ready 2-bedroom, 1-bath lower-level condo in Lexington, KY 40503 offers 911 sq ft of updated, single-level living just off Nicholasville Road, minutes from downtown Lexington, the University of Kentucky (UK), restaurants, grocery stores, shopping, and major roadways.

The HOA covers all utilities except Wi-Fi, making monthly expenses simple and predictable. HOA amenities and services also include lawn maintenance, snow removal, trash service, and access to the community in-ground pool, giving you more time to enjoy your home and less time worrying about maintenance.

Inside, this updated condo features new flooring, fresh paint throughout, insulated windows, and recent HVAC improvements, including new coils and a new blower for added comfort and efficiency. The kitchen comes equipped with a refrigerator, range/oven, and dishwasher, and a separate dining area opens to the living room.

A washer/dryer combo adds convenience, while on-site laundry is also available. The brick building offers off-street parking and landscaped grounds. Located in Fayette County's southeast area, this home is zoned for Glendover Elementary, Morton Middle, and Henry Clay High School.

(Buyer to verify schools Its central location along the Nicholasville Road corridor provides quick access to UK's campus, downtown dining and entertainment, and easy commutes throughout Lexington. Ideal for first-time homebuyers, downsizers, anyone seeking a low-maintenance condo near UK, or investors looking for a convenient Lexington property. Schedule your showing today! *Seller has a quote to have closet doors installed throughout the property. *Photos have been virtually staged. Buyer to verify all info.

Monthly Cost Estimate

$1,191/mo

20% down · 6.5% · 30 years

Principal$105
Interest$628
Insurance$42
HOA$416

Estimates only. Actual payments may vary.

Location

175 Malabu Drive #40

Lexington, KY 40503

Malabu Terrace

Property Details

Flooring

LaminateTile

Construction

Brick Veneer

Pool Features

Pool

Parking

Off Street

Heating

Hot Water(Heating)Forced AirNatural Gas

Cooling

Central Air

Appliances

DryerDishwasherRefrigeratorWasherOvenRangeDryerDishwasherRefrigeratorWasherOvenRange

Questions & Answers

This 2-bedroom, 1-bathroom condo at 175 Malabu Drive is listed at $145,000 ($159/sqft). The estimated monthly payment is $1,191 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $416/month.

Key features include: Built in 1969, Private pool.

This property is listed by Isaac Manis.

IM

Isaac Manis

Agent at Keller Williams Bluegrass Realty

Listed by Keller Williams Bluegrass Realty · Broker phone: (859) 260-1444 · View on Broker Site · Broker website

MLS# 26014238· Source: ImagineMLS· 125 days on PropertySimple

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

175 Malabu Drive #40, Lexington, KY 40503

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