Masterson Station
View homesListing data updated July 26, 2026
About the Neighborhood
Living in Coletown
Coletown is a laidback rural community in the heart of the Bluegrass, about ten miles southeast of Lexington — the kind of place where you get multi-acre lots, large homes, and genuine country quiet without giving up access to the city. It's the balance a lot of buyers are looking for: room to breathe, a slower pace, and Lexington still only a short drive away.
Coletown carries real Kentucky history. The area takes its name from Milley Cole, a formerly enslaved woman who inherited land here in the early nineteenth century. It grew slowly — as recently as 1971 there were only about 30 residents — and today it's home to more than 1,300 people who value exactly what drew them: space, scenery, and a friendly, go-with-the-flow way of life.
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Homes for Sale in Coletown
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Neighborhood guide
Inside Coletown
- Coletown's roughly 518 homes sit on substantial parcels — the median lot is a full acre (around 43,560 square feet) — with single-family homes averaging about 3,250 square feet. Most were built from the late 1970s onward. This is the appeal: real acreage, large homes, and the privacy of a rural setting, all within ten miles of downtown Lexington.
- Character: Rural and spacious, with a balance of country living and city access. Expect larger homes on multi-acre lots, scenic Bluegrass surroundings, and the unhurried feel that makes this side of town a favorite for people escaping denser neighborhoods.
The outdoors: Coletown's best-known destination is Raven Run Nature Sanctuary — 700 acres of preserved Kentucky bluegrass with miles of hiking trails and abundant wildlife. Add in the area's scenic restaurants and wineries, and the lifestyle here is genuinely tied to the landscape.
Schools
Schools in Coletown
Coletown is served by Fayette County Public Schools, with assignments made by address. Rural addresses can have less obvious school assignments, so before committing to a home let's confirm its exact elementary, middle, and high school together using the FCPS SchoolSite Locator.
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