Lancaster Homes with Walkout Basement

Lancaster Homes with Walkout Basement

Welcome to Lancaster, Kentucky – a charming city nestled in Garrard County, where Southern hospitality meets picturesque landscapes. Known for its rich history and vibrant community, Lancaster is a delightful blend of small-town charm and modern conveniences. With its friendly neighborhoods, local shops, and stunning scenery, this city is perfect for families, retirees, and everyone in between.

Lancaster is surrounded by the breathtaking beauty of the Kentucky Bluegrass region, offering residents ample opportunities for outdoor adventures. Parks, trails, and nearby lakes provide the perfect backdrop for hiking, fishing, and picnicking. The city is also steeped in history, with notable sites and landmarks that tell the story of its past, making every stroll through the streets feel like a step back in time.

For those considering a move to this lovely city, homes with walkout basements are a fantastic option. These properties not only provide additional living space but also create seamless access to the outdoors, perfect for entertaining or simply enjoying the serene surroundings. Imagine a cozy family room that opens up to a beautifully landscaped yard, where children can play or where you can unwind after a long day.

Whether you’re searching for your first home or looking to downsize, Lancaster’s real estate market has something for everyone. With its inviting atmosphere, strong sense of community, and homes designed for modern living, Lancaster is not just a place to live – it’s a place to thrive. Come explore the possibilities and discover why so many are proud to call Lancaster home!

Newest Lancaster Homes with Walkout Basement

$569,900
3 Beds ⋅ 4 Baths ⋅ 26019694 MLS
Near Herrington Lake and approximately 700 feet from Sunset Marina, this completely renovated property offers over 3,100 finished square feet, an income-producing accessory dwelling unit (ADU), and the perfect blend of modern comfort and lake-area living. The extensively renovated home features 2,255 square feet above grade plus a beautifully finished 928-square-foot walkout basement, offering more than 3,100 finished square feet of living space. Renovated throughout in 2024-2025, recent improvements include a stunning new kitchen with new appliances, beautifully updated bathrooms, new flooring, drywall, plumbing, electrical, HVAC, lighting, fixtures, insulation, and more, creating a truly move-in-ready home. Situated on approximately 1.6 acres, you'll enjoy privacy, multiple decks, and plenty of outdoor space to relax, entertain, or simply enjoy the peaceful surroundings. One of the property's standout features is the 672-square-foot accessory dwelling unit (ADU) above the detached two-car garage. This income-producing apartment is currently leased and offers incredible flexibility for generating rental income, accommodating guests or extended family, creating a private home office, or providing additional living space. Whether you're searching for a full-time residence, a weekend lake retreat, or a property with built-in income potential, this home checks all the boxes. Enjoy quick access to Sunset Marina, boating, fishing, kayaking, and everything Herrington Lake has to offer while coming home to a beautifully updated property designed for today's lifestyle. Rarely do you find a home that combines extensive renovations, over 3,100 finished square feet, a finished walkout basement, an income-producing ADU, and a prime location just moments from Herrington Lake. Schedule your private showing today and experience everything this exceptional property has to offer!

197 Sunset Lodge Rd, Lancaster
$779,000
4 Beds ⋅ 4 Baths ⋅ 26019169 MLS
LAKE LIFE PERFECTED! Every thoughtful detail carefully designed and executed in this Craftsman style beauty! Open concept, luxury kitchen, fully finished basement with wet bar, ventless gas stacked stone fireplaces on both floors, tankless gas water heater, screened patio areas, upper and lower outdoor entertaining areas plus outdoor fire pit, hot tub, walkable access to the calmest water on Herrington Lake, +2 acre lot. The Herrington Hills subdivision welcomes you to a neighborhood that has no overhead powerlines, a private boat ramp, recreation shelter, playground, boat/trailer/RV storage creating a serene, rural dreamscape. A MUST SEE!!!

975 Lakeside Dr, Lancaster
$510,000
4 Beds ⋅ 3 Baths ⋅ 26017715 MLS
Offered for the first time, this one-owner, custom-built ranch is nestled on a peaceful 1.6-acre lot, offering over 3,900 square feet of living space. This exceptional home combines spacious living with the tranquility of the countryside while remaining just a short drive to Danville, Nicholasville, Lexington & Herrington Lake. The open-concept floor plan is filled with natural light and showcases soaring vaulted ceilings, creating an inviting atmosphere for everyday living and entertaining. The well-appointed kitchen features a breakfast bar and flows seamlessly into the dining room, providing the perfect setting for casual meals or holiday gatherings. A desirable split-bedroom design offers added privacy, with a spacious primary suite featuring a walk-in closet and private ensuite bath, while two additional bedrooms and a full bath complete the main level. The fully finished walkout basement greatly expands the home's versatility with a fourth bedroom, two bonus rooms ideal for a home office, fitness room, hobby space, or guest accommodations, plus expansive recreation and gathering areas. Step outside to the covered deck overlooking the picturesque countryside—an ideal place to enjoy your morning coffee or unwind while taking in breathtaking sunrise. With its flexible floor plan, generous living space, and peaceful setting, this exceptional property is ready to welcome you home.

57 Lauren Ln, Lancaster
$699,900
6 Beds ⋅ 5 Baths ⋅ 26005600 MLS
Space, views, and room to actually live. This 6 bedroom, 5 bathroom home at Palisades Point offers a layout that gives everyone their own place while still bringing people together in all the right areas. The main level opens up around a large kitchen with granite countertops, a walk-in pantry, and plenty of room to cook, gather, or just hang out. Natural light carries through the living and dining spaces, all positioned to take in the surrounding countryside. Upstairs, the primary suite stands out with its own private balcony deck, creating a quiet spot to start or end the day. Throughout the home, you'll find flexible spaces that can shift with your needs, whether that's additional living areas, work-from-home setups, or guest space. The finished basement adds even more room to spread out, complete with a wet bar and direct access to the backyard. Step outside and you'll find a fenced yard, outdoor kitchen area, hot tub, and multiple levels of decking designed for relaxing or hosting. A 4+ car garage, wood shed, and generous storage round out the practical side of the property. Set in a country setting close to the Tom Dorman walking trails but within a comfortable drive to Danville, Nicholasville, and Lexington, this home offers space without sacrificing convenience.

202 Palisades Pointe Dr, Lancaster
$349,000
3 Beds ⋅ 2 Baths ⋅ 26015358 MLS
Welcome home to this beautifully maintained 3 Bedroom 2 Bath brick home nestled in a quiet, established neighborhood. Pride of ownership shines throughout, offering a move-in ready home with timeless appeal with thoughtful updates throughout. The functional floor plan features comfortable living spaces that are great for family gatherings. Inside you will find custom plantation shutters enhancing both style and privacy. The spacious kitchen is designed for everyday living featuring granite countertops, a gas stove, with an abundant amount of cabinet space with pull out shelves for easy organization and accessibility. The primary bedroom has a walk in closet with an ensuite bathroom, featuring a walk in shower. There is a main level laundry room for everyday convenience, with an additional laundry hook up in lower level providing extra flexibility. The full, walk out basement has one car garage with lots of storage space and presents an excellent opportunity to expand your living space. It already includes 2 framed rooms that could be easily finished with flooring and ceiling tiles ,creating additional square footage for a 4th bedroom, office, home gym or guest space. The exterior offers a lot of mature landscaping with concrete edging and covered back deck with concrete patio below.

102 Dogwood Dr, Lancaster
$698,900
4 Beds ⋅ 4 Baths ⋅ 26014916 MLS
Welcome to 205 Woodside Way, a beautifully updated home tucked at the end of a quiet cul-de-sac on 6.285 private acres in Lancaster, KY. Surrounded by mature trees, this property offers a peaceful setting while remaining convenient to Herrington Lake, Peninsula Golf Resort, Danville, Nicholasville, and Lexington. The home features 4 bedrooms, 4 full bathrooms, and a finished walkout basement with an in-law suite, providing excellent flexibility for guests, extended family, additional living space, or potential short-term rental use. Recent updates include a new concrete driveway, gutters & downspouts, brand-new deck, finished basement, hardwood flooring, and an updated primary bathroom with marble finishes, soaking tub, new vanity, shower, and lighting fixtures. Additional improvements include crawlspace encapsulation, a commercial-grade dehumidifier, and sump pit, helping provide added comfort and confidence for the next owner. An adjoining 2.902-acre lot is also available for purchase, giving buyers the opportunity for additional privacy, acreage, or future use. Private, updated, and full of possibilities. This property offers the space and setting buyers are looking for.

205 Woodside Way, Lancaster
$399,000
3 Beds ⋅ 3 Baths ⋅ 26009739 MLS
Herrington Lake!!! This lake home has it all! Two covered porches, super easy walk down to the water! 3 Bedrooms, 3 Full Baths! Very nice open kitchen, fully applianced, abundance of granite counter space great for entertaining! Grand cathedral ceiling, the living room flows to the covered deck perfect for hosting your friends and family! This property truly features all amenities to enjoy all lake-life has to offer! Carry Nation is conveniently located just a couple miles off Hwy 27 in North Garrard, quick drive from Lexington and minutes to Danville! Ideal location on the lake, sits at the edge of Midlake Marina no-wake! Furnishings included!

1076 Carry Nation Rd, Lancaster
$929,999
4 Beds ⋅ 4 Baths ⋅ 26014862 MLS
Welcome to your private Kentucky retreat. On 14.76 picturesque acres, this fully updated 4-bedroom, 3.5-bath ranch offers a rare combination of luxury living, recreational land, and a stunning 3.6-acre stocked pond. Designed for both everyday comfort and entertaining, the main level features beautiful hardwood flooring, an open-concept living area, a stone fireplace, and a beautifully renovated kitchen with white shaker cabinetry, granite countertops, an oversized island, and GE Café stainless steel appliances. The primary suite serves as a true retreat with a custom walk-in closet, double vanity, and luxurious tiled shower. The finished walkout basement dramatically expands the living space with a second full kitchen featuring GE Profile appliances, two additional bedrooms, two full bathrooms, and flexible bonus space ideal for guests, multigenerational living, recreation, or a home office. Step outside and experience what truly sets this property apart. The 3.6-acre stocked pond, complete with a floating dock, creates an incredible setting for fishing, kayaking, entertaining, or simply enjoying the peaceful views. The surrounding acreage provides exceptional privacy, room to roam, and endless possibilities for outdoor recreation, hobby farming, or future expansion. Additional features include a detached garage with electric, multiple outbuildings for storage or workspace, and a 32' x 14' storm shelter for added peace of mind. Despite its private setting, the property is conveniently located just 30 minutes from Richmond and less than an hour from downtown Lexington, offering easy access to shopping, dining, healthcare, and entertainment while maintaining the peace and privacy of country living. Whether you're searching for a private residence, weekend getaway, or potential short-term rental investment, opportunities like this are exceptionally hard to find. Luxury, land, water, and privacy—all in one remarkable property.

535 Twin Lakes Dr, Lancaster
$240,000
3 Beds ⋅ 2 Baths ⋅ 26013789 MLS
Country living with convenience! This 3-bedroom, 2-bath home offers 1,258 square feet of living space plus an unfinished basement. Located in rural North Garrard County with no known restrictions, this property is ideal for first-time homebuyers, those looking to downsize, or investors. Just seconds from US 27 with easy access to Nicholasville, Lexington, Danville, and Lancaster. Enjoy the freedom, privacy, and flexibility of country living while remaining close to work, shopping, and amenities.

1127 Pine Crest Rd, Lancaster
$655,000
5 Beds ⋅ 4 Baths ⋅ 26014296 MLS
If you viewed this home when it was previously on the market, maybe add it back to the list! The sellers have made some improvements including adding a whole home air scrubber on the HVAC systems. This is truly a rare find offering space, style and endless possibilities, all wrapped into one spectacular property. This 3,000+ sf home (with an additional 3,500 sf garage and a pond) has been completely remodeled, blending modern finishes with comfortable, everyday living. The brand-new kitchen is a showstopper, featuring quartz countertops, new cabinetry, and new appliances, perfect for any size gatherings. Fresh paint throughout, new luxury vinyl plank flooring and plush new carpet, plus 4 fully updated bathrooms make this home completely move-in ready. With 5 spacious bedrooms, plus a potential bonus room that could easily serve as a 6th bedroom, there's room for everyone. The primary bedroom is on the main floor and even has its own private balcony that overlooks the pond. If you need an additional living space away from the main floor, enjoy your private area in the basement (could be set up as a bedroom with its own full bathroom). Additional features include a front porch, multiple decks with spectacular views of your pond and neighboring farms, as well as a cozy gas-log fireplace that adds warmth and charm to the living spaces. 2 walk-in attic areas have ample space for storage but if that isn't enough, there is also plenty of room in the 3-car garage areas. What truly sets this property apart is the additional 3,500+ sq ft garage. It is an absolute dream space with unlimited potential. Whether you envision a workshop, mechanic or hobby space, car or boat storage, or even a business setup, this garage delivers flexibility you simply can't find elsewhere. Situated on just over 3 acres, the setting is just as impressive as the home itself. Enjoy sweeping views of open farmland and a peaceful pond with a fountain, creating a private, serene backdrop that feels like a retreat, yet you are still conveniently located 35 minutes to Lexington and 15 minutes to Danville. If you have been waiting for that one-of-a-kind property that truly checks every box...this is it and you have to see it to believe it. Seller has accepted a contingent offer with a 48 hour kick out clause.

143 Royalty Dr, Lancaster
$736,600
4 Beds ⋅ 4 Baths ⋅ 26015277 MLS
The Lakefront Dream Home you've always wanted, complete with income producing potential to help pay the bills. This stunning 4 Bedroom, 3.5 Bath property offers essentially two homes in one, designed with immaculate craftsmanship and attention to detail throughout. The main level features an open concept living area with soaring 17 foot ceilings accented by white oak beams and elegant chandeliers, a floor to ceiling stone fireplace, white oak flooring, granite countertops, built in wet bar, and a chef's kitchen that truly defines luxury. The primary suite includes a spa style bathroom with a soaking tub and glass tile shower, plus a half bath and a convenient laundry/mudroom finish off the main floor. Upstairs, you'll find custom built in bunks for four, a matching window seat, a full bath, and generous storage space. The finished basement offers a complete second home with 9 foot ceilings, open concept living, kitchen, and dining areas, two bedrooms, a full bath, and laundry, ideal for rental income or multigenerational living. Outdoor living shines with a covered screened in porch, fenced grassy area, and a full-length deck overlooking Herrington Lake. Enjoy your private dock located in a no wake zone, complete with storage and space to relax and soak up the views. Additional features include two separate 200 amp electric service, two 50 amp RV charging stations, two heat pumps with three zone thermostats, and a 5-stage whole house water filtration and softener system. Every detail has been thoughtfully designed. This home truly has it all!!!

189 Red Gate Rd, Lancaster
$599,900
5 Beds ⋅ 3 Baths ⋅ 26010291 MLS
Custom-built home in scenic North Garrard County situated on a 1-acre lot with beautiful country views. This 5-bedroom, 3-bath home features a spacious living room with tall ceilings and hardwood flooring, along with a private primary suite that includes a relaxing tub. The split-bedroom floor plan offers spacious rooms including an additional bedroom on the main level, while the centrally located kitchen with breakfast area overlooks the large deck and backyard. The finished basement provides excellent additional living space with 3 more bedrooms, a full bath, sitting area, media/exercise room, and a large multipurpose theater/recreation room. A detached garage/workshop is privately located at the rear of the property, with a concrete driveway extending to the street. The backyard borders farmland, offering a peaceful setting. Newly painted interior. Schedule your showing today.

466 Woodridge Dr, Lancaster
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