Ashland Park is a Lexington historic district in ZIP code 40502, zoned for Henry Clay High. Its ZIP home value was $560,691 in September 2026, per Zillow.

Last checked Oct. 16, 2026. Sources: the Lexington-Fayette Urban County Government’s open data (National Register districts, H-1 overlays, neighborhood association registry, parks and address points), Fayette County Public Schools’ current attendance boundaries, the Kentucky Department of Education’s 2025-26 accountability data, Lextran’s schedule data, OpenStreetMap and Zillow Research.

Ashland Park is the neighborhood around Ashland, the Henry Clay estate, southeast of downtown. The Ashland Park Historic District, listed on the National Register of Historic Places in 1979, covers about 0.28 square mile with about 770 residential addresses, according to the city’s register and address data. All of it is in ZIP code 40502.

What this means for you

  • Zoned high school: Henry Clay High for every address we checked, rated high on the 2025-26 state report card. Check an address in the SchoolSite Locator.
  • Home value: $560,691 in ZIP code 40502 in September 2026, according to the Zillow Home Value Index.
  • Nearest freeway exit: New Circle Road Exit 15, Richmond Road (US 25 and US 421), about 2.3 miles by road.

Part of our Lexington neighborhoods guide.

Where it is

The district lies between Richmond Road and East High Street, with homes on Sycamore, Fontaine, Desha, Irvine, McDowell, Catalpa, Fincastle, Woodspoint and Slashes roads and South Hanover Avenue, according to the city’s address points. Ashland itself stands at Sycamore Road and Richmond Road, inside the district. OpenStreetMap places Chevy Chase just to the southwest and Kenwick to the northeast.

A smaller part of the district, around South Hanover Avenue and Desha and Fontaine roads, is a local H-1 historic overlay of about 0.08 square mile. There, most exterior changes, new buildings and demolitions need a certificate of appropriateness first, under the urban county’s historic preservation zoning rules. The National Register listing alone does not add those rules. The Ashland Neighborhood Association is on the city’s neighborhood association registry.

Schools

Ashland Park is in Fayette County Public Schools. We checked all 769 residential addresses in the district against the district’s current attendance boundaries. All were zoned for Henry Clay High, whose campus is on Fontaine Road about three-quarters of a mile south of the district. About 92% were zoned for Cassidy Elementary and Morton Middle; the rest, in the northwest corner, for Ashland Elementary and Lexington Middle.

Level School 2025-26 state rating
Elementary Cassidy Elementary, 1125 Tates Creek Road Very high (90.9)
Elementary Ashland Elementary, 195 N. Ashland Ave. Very high (89.1)
Middle Morton Middle, 1225 Tates Creek Road High (68.2)
Middle Lexington Middle, 350 N. Limestone Medium (54.8)
High Henry Clay High, 2100 Fontaine Road High (77.0)

Ratings are the overall indicator from the Kentucky Department of Education’s 2025-26 accountability data, on a five-step scale from very low to very high; full reports are on the Kentucky School Report Card. Check any address in the SchoolSite Locator. More in our schools guide.

Home values

The Zillow Home Value Index is a modeled typical value for the middle third of homes, not a sale price. ZIP code 40502 also covers Chevy Chase and other neighborhoods south of the University of Kentucky.

Area September 2026 September 2025 Change
ZIP code 40502 $560,691 $527,043 +6.4%
Lexington, for comparison $331,087 $320,332 +3.4%

Trends are on our home prices page.

Parks and trails

The city’s park data lists no city park inside the district. Nearby:

  • Woodland Park, 601 E. High St., about 19 acres, northwest of the district.
  • Clay’s Spring Park, 200 Clinton Road, about 1.2 acres.
  • The grounds of Ashland, the Henry Clay estate, inside the district, are run by the Henry Clay Memorial Foundation.

More in our parks and trails guide and our history and landmarks guide.

Getting around

  • New Circle Road (KY 4): Exit 15, Richmond Road (US 25 and US 421), about 2.3 miles by road, and Exit 13, Winchester Road (US 60), about 2.9 miles.
  • I-75 and I-64: Exit 113, Paris Pike (US 27 and US 68), about 4.8 miles; on I-75, Exit 108, Man o’ War Boulevard, about 5.7 miles.
  • Downtown (old courthouse on Main Street): about 1.6 miles by road.
  • Blue Grass Airport: about 9.9 miles by road.
  • Buses: Lextran Routes 1 (Woodhill), 3 (Tates Creek Road) and 11 (Richmond Road) and night route 51 stop in or beside the district, according to Lextran’s schedule data for Oct. 5 to Dec. 19, 2026.

Distances were measured with the OSRM routing engine on OpenStreetMap roads from a point in the middle of the area to the end of each exit ramp. They are distances, not drive times. More in our getting around guide.

Groceries and everyday stores

OpenStreetMap lists these within about 1.5 miles:

  • Supermarket and pharmacy: Kroger, 704 Euclid Ave.
  • Pharmacies: Walgreens, 878 E. High St.; Wheeler’s, 336 Romany Road; Walgreens, 2209 Richmond Road.

Frequently asked questions

What schools is Ashland Park in Lexington zoned for?

About 92% of homes in the Ashland Park historic district are zoned for Cassidy Elementary and Morton Middle, and all of them for Henry Clay High, in FCPS’s current boundaries. The northwest corner is zoned for Ashland Elementary and Lexington Middle.

What ZIP code is Ashland Park in?

  1. Zillow’s Home Value Index for 40502 was $560,691 in September 2026, up 6.4% from September 2025. Zillow publishes no figure for Ashland Park alone.

Is Ashland Park a historic district?

Yes. The Ashland Park Historic District was listed on the National Register of Historic Places in 1979, and part of it, around South Hanover Avenue and Desha and Fontaine roads, is a local H-1 historic overlay.

How far is Ashland Park from downtown Lexington?

About 1.6 miles by road from the middle of the district to the old Fayette County Courthouse on Main Street.