$589,000
4 bd · 2.5 ba · 2,542 sqft
5072 Middleton Place, Lexington, KY 40515
Courtesy of The Local Agents
Listing data updated August 4, 2026
About the Neighborhood
Living in Waterford & South Point
Waterford and South Point anchor far south Lexington's family core — established cul-de-sac neighborhoods where the city meets horse-country pasture, with Veterans Park and two retail corridors within minutes. It's the part of town people choose for space and settle into for good.
These neighborhoods built out from the late 1960s through the 2010s as Lexington grew south between Nicholasville Road and Tates Creek Road. The result is a family district with genuine range — starter streets from the '70s alongside larger homes from the '90s and 2000s — that has stayed steadily in demand.
On the market now
Homes for Sale in Waterford & South Point
$584,900
3 bd · 3.5 ba · 5,002 sqft
404 Manitoba Lane, Lexington, KY 40515
Courtesy of Redfin
$582,000
5 bd · 3.5 ba · 3,767 sqft
4752 WINDSTAR Way, Lexington, KY 40515
Courtesy of Calumet Realty
$549,000
3 bd · 3 ba · 3,050 sqft
453 Spencer Park, Lexington, KY 40515
Courtesy of Kirkpatrick & Company
$493,900
3 bd · 3 ba · 2,396 sqft
493 Madison Point Drive, Lexington, KY 40515
Courtesy of Bluegrass Home Group
$484,900
4 bd · 2.5 ba · 2,616 sqft
385 Whitfield Drive, Lexington, KY 40515
Courtesy of Rector Hayden Realtors
Neighborhood guide
Inside Waterford & South Point
- Life here runs on cul-de-sacs and school calendars. The streets are settled and welcoming, the yards are real, and the southern edge looks out at the hilly pastures that remind you Lexington is still horse country.
It's the classic trade of far-south living: a few extra minutes of drive in exchange for space, quiet, and neighborhoods that hold together. - Homes in the area: about 4,749.
Era: median year built 1997.
Typical single-family size: around 2,579 square feet, well above the national average, on median lots over 8,000 square feet.
Figures as-published by homes.com's Lexington local guide (extracted August 2026); housing stock, not asking prices. The live market is at the top of this page. - Veterans Park is the crown jewel — one of Lexington's largest green spaces, with ball fields, playgrounds, wooded trails, and a mountain-bike trail for the ambitious.
Shillito Park and Jacobson Park are both an easy drive, and the Brannon Crossing corridor just south adds more everyday options. Families here rarely run out of outside. - The neighborhoods sit between Nicholasville Road and Tates Creek Road, which means two full retail corridors are your daily options — including The Summit at Fritz Farm's shopping and dining a few minutes north.
Downtown Lexington is about seven miles. Most residents barely notice: nearly everything a week requires sits within the south-side loop.
Schools
Schools in Waterford & South Point
Assigned Schools
The typical path (ratings are Niche's, as reported by homes.com's guide): Veterans Park Elementary — rated A — then Southern Middle School (B) and Tates Creek High School (B), which opened its new campus in 2022 and offers an International Baccalaureate program.
Veterans Park Elementary's reputation is a genuine draw for the neighborhood — it comes up in nearly every family conversation I have about this part of town.
Veterans Park Elementary's reputation is a genuine draw for the neighborhood — it comes up in nearly every family conversation I have about this part of town.
Explore nearby
Neighborhoods Near Waterford & South Point
Questions
Waterford & South Point Home-Buying FAQ
The combination is hard to beat: A-rated Veterans Park Elementary, one of the city's largest parks in Veterans Park itself, established cul-de-sac streets, and two retail corridors within minutes. It's a neighborhood people move to on purpose and stay in.
About seven miles up either Nicholasville Road or Tates Creek Road — usually fifteen to twenty minutes. Many residents find they rarely need to make the trip, since the south side's shopping and dining cover the everyday.
Established single-family homes built mostly from the late 1960s through the 2010s, with typical sizes well above the national average and real yards. The live listings above show the current mix.
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