346 Memory Ln, Lexington, KY 40502
Property image
IKEA's shoe bin system fastened to the wall makes for perfect storage. We used it for clothing items, but it's great for art supplies, toys, books, socks, etc.
OFF MARKET

$357,200

Trulia Estimate
as of Sep 7, 2026
  • 4 Beds
  • 3 Baths
  • 1,321 sqft

346 Memory Ln, Lexington, KY 40502

Fairway-Liberty Heights

Home Highlights

Single-Family Home
1,321 sqft
$270/sqft

Local Information

  • Map ViewExplore the area around 346 Memory Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

346 Memory Lane
Welcome to this charming 3-bedroom, 2 full bath home and separate guest house with a bedroom, kitchenette, and a third full bath. The main house is filled with natural light and features custom-built-ins throughout. It boasts a large, custom-designed primary suite upstairs, complete with a private bath, ample storage, and original hardwood floors. The stand-alone guest house (complete with a full bath and kitchenette) is perfect for a mother-in-law, older child, studio, or a home office you've always dreamed of. Step outside to your private oasis with a fenced-in backyard, ideal for entertaining, playing with kids, or relaxing in the sun. You'll love the perennial gardens and no-mow front yard.

Located on a neighborly, dead-end street in the desirable Kenwick/Mentelle Park, you can walk everywhere! From your morning coffee at Kenwick Table, catching the Cats at Mirror Twin Brewing, delicious brisket at Blue Door, multiple fitness and yoga options, a fantastic school district, a stroll to the historic Ashland Estate, Lexington Farmers Market two days a week, and ALL the dining, shopping and entertainment options on National Ave, you'll never want leave! See why Kenwick is the neighborhood everyone wants to be in! Minutes from Chevy Chase, the University of Kentucky, Downtown, and the interstate.

This home has been lovingly cared for and most major units and appliances have been updated, including a brand-new fridge and stackable washer-dryer in the large walk-in laundry/mud room. This home combines thoughtful upgrades with generous living spaces in a charming location.
Main House:
3 bed
2 bath
1,321 square feet

Guest House:
Full bath
Kitchenette
extra 450 feet finished
An additional 200 feet (w/ electric and water) used for utility, garage, and storage

Annual Lease starts June 2.
The tenant will be responsible for:
 -Water
 -Sewer
 -Garbage and trash disposal
 -Electricity
 -Gas
 -Telephone, Internet, Cable
 -Sidewalk snow removal
 - Raking Leaves, mowing back yard (tools and mower included for the
tentatnt's use)
 -alarm monitoring service (if desired)

Security deposit and the non-refundable pet fee are due with the signed lease. We prefer the tenants use Zelle for the security deposit and rent.

Tenant shall be responsible for the following utilities and services in connection with the Premises:
- Water
- Sewer
- Garbage and trash disposal
- Electricity
- Gas
- Telephone, Internet, Cable
- Sidewalk snow removal
- Removing leaves off driveway (leafblower provided)
- Alarm monitoring service (if desired)
- No smoking or vaping in the house
- No more than two animals
346 Memory Ln, Lexington, KY 40502 is a 4 bedroom, 3 bathroom, 1,321 sqft single-family home in Fairway-Liberty Heights. It last sold for $115,000 on Dec 10, 2009 (4,007% above the $2,800 asking price). More recently, it was listed as a rental in April 2025 with an asking price of $2,750 per month. That rental listing was removed on May 9, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $357,200, with a rent estimate of $2,325/month.

Home Details for 346 Memory Ln

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 346 Memory Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
934 Dayton Ave, Lexington, KY
0.26
Single-Family Home
$110,000
04/30/26
4
1.5
1,190 sqft
105 Marne Ave, Lexington, KY
0.09
Single-Family Home
$169,000
03/05/26
3
2
1,000 sqft
110 Hazel Ave, Lexington, KY
0.13
Single-Family Home
$270,000
12/10/25
3
2
1,174 sqft
822 Aurora Ave, Lexington, KY
0.19
Single-Family Home
$260,000
04/27/26
3
2
1,435 sqft
309 Richmond Ave, Lexington, KY
0.07
Single-Family Home
$485,000
03/31/26
4
3.5
2,081 sqft
926 Dayton Ave, Lexington, KY
0.24
Single-Family Home
$96,000
10/21/25
3
1
1,233 sqft
322 Owsley Ave, Lexington, KY
0.15
Single-Family Home
$439,000
04/16/26
3
2
1,571 sqft
909 Aurora Ave, Lexington, KY
0.14
Single-Family Home
$610,000
04/16/26
4
2
1,840 sqft
816 Statesman Way, Lexington, KY
0.55
Single-Family Home
$205,700
01/22/26
3
2.5
1,291 sqft
955 Detroit Ave, Lexington, KY
0.35
Single-Family Home
$135,000
08/18/26
3
1
1,189 sqft

Nearby homes

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Rental Market Trends in Fairway-Liberty Heights

Last updated Sep 2026
Trulia Rent Estimate$2,325/mo
Average rent
$1.8K
Available listings
16
View rental market trends in Lexington, KY

Around this home

Neighborhood Overview

Fairway-Liberty Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairway-Liberty Heights

At least 30 Trulia users voted on each feature.

  • 93 % Say yards are well-kept

  • 93 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 88 % Say car is needed

  • 85 % Say parking is easy

  • 80 % Say kids play outside

  • 79 % Say streets are well-lit

  • 76 % Say there's holiday spirit

  • 72 % Say it's walkable to restaurants

  • 64 % Say people would walk alone at night

  • 62 % Say neighbors are friendly

  • 61 % Say it's quiet

  • 58 % Say there's wildlife

  • 57 % Say they plan to stay for at least 5 years

  • 46 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "this neighborhood is so lovely. neighbors truly care for each other. you can sit on your porch to enjoy a quiet morning and see people walk their dogs, always waving hello. it has been a wonderful time living in this beautiful neighborhood. people care for their homes and for each other. "
    9
    Flag
  • Trulia User
    "I don't have much of a commute since I work from home. however I find that we are able to get anywhere we need to go in Lexington without any issue, because we are somewhat close to New Circle. we feel like we are right in the middle of everything without being too close to downtown. it takes but a few moments on a couple of small neighborhood back roads to get to downtown lex or Richmond rd. "
    3
    Flag
  • Trulia User
    "we have lovely friendly neighbors here who take care of each other. Halloween is always a fun event for the kids! "
    0
    Flag
  • Brett B.
    "A walk could take 10 to 30 minutes. Public transport is very close. Drive to anywhere down town in 5-10"
    13
    Flag
  • Karen C.
    "Great neighborhood with a lot of kids. Near the Speech and Language Center (school for children with hearing impairments) with great playground. "
    4
    Flag
  • Myra F.
    "I just moved here. So I haven't experienced any just yet. The neighbor is relatively friendly and pretty quiet. People are either jogging or walking their dogs. "
    59
    Flag
  • CTP
    "Neighbors watch out for each other. Plenty of green space and very quiet for having so many children constantly playing outside. Respectful people who care of their property."
    0
    Flag
  • Guy A.
    "I live here and it is a tremendous neighborhood with many things nearby (within a few minutes), including shopping, restaurants, recreation, nightlife, and entertainment."
    0
    Flag
  • susan o.
    "This is a great neighborhood for walking. The houses are unique and beautiful, many in bungalow and craftsman style. It feels quite safe and is not far from a few restaurants and shops, and a little longer walk (10 minutes) brings you to the Chevy Chase area."
    0
    Flag
  • carolinekoye
    "The neighborhood is great - the houses aren't the new cookie cutter style so you have rooms to make your house your own. Lexington is a great place to live - and this neighborhood is wonderful and affordable! "
    0
    Flag
  • Scott H.
    "Great location. Close to UK, I-75/64, New Circle Road, Hamburg shopping, parks, great restaurant within walking distance."
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
May 9, 2025
Source: Zillow Rentals
ListingRemoved
$2,800
Apr 30, 2025
Source: Zillow Rentals
PriceChange
$2,800
Price increased by 2%
Apr 23, 2025
Source: Zillow Rentals
Listed For Rent
$2,750
Dec 13, 2024
Source: Zillow Rentals
ListingRemoved
$2,750
Dec 5, 2024
Source: Zillow Rentals
PriceChange
$2,750
Price decreased by 7%

Frequently asked questions about 346 Memory Ln

  • What is 346 Memory Ln estimated to be worth?
    Trulia's estimated value for 346 Memory Ln in Lexington, KY is $357,200.
  • What is the price history for 346 Memory Ln?
    346 Memory Ln in Lexington, KY last sold for $115,000 in December 2009.
  • Is Lexington a buyer's or seller's market?
    Lexington is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lexington?
    The median sale price in Lexington is $336K. That is up $4.83K from the prior month.
  • Does 346 Memory Ln have air conditioning?
    Yes, 346 Memory Ln in Lexington, KY has air conditioning.
  • Does 346 Memory Ln have laundry facilities?
    Yes, 346 Memory Ln in Lexington, KY has in-unit laundry.

Homes for rent near 346 Memory Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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