120 E Third Street Lexington KY 40508 (House For Sale) | MLS 26008488
Frequently Asked Questions
Are house prices dropping in Lexington?
The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $307,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Lexington at this time?
The housing market and house prices in Lexington are going down. The average house price is $442,450.00 and the average price per square feet is $264.07 per square foot. At the moment, there are 13 homes listed - 4 active, 3 pending, and 6 sold in Lexington.
What is the most popular place to buy a house in Lexington?
The most popular place to buy a home in Lexington is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Lexington?
The average amount of property taxes you would have to pay for a home in Lexington is $1,372.00. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Lexington being sold?
Properties in Lexington stay on the market for an average of 72 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Lexington?
The last home listed in Lexington was 1934 minutes ago.
Can you visit houses in Lexington?
Currently, there are 0 open houses available for viewing in Lexington.
What is the most expensive house in Lexington?
The cost of the most expensive home in Lexington is $1,200,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Lexington?
The cost of the cheapest home in Lexington is $279,900.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Lexington?
The oldest home in Lexington was built in 1914, and the newest in 2014.
How big are the homes in Lexington?
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The average property size in Lexington is 2163 sq.ft., the largest being 3646 sq.ft., and the smallest being 1372 sq.ft.
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source:
Public
Abv. Grnd. Sq. Ft.:
4, 056
Total Sq. Ft.:
4, 056
Sq. Ft. Source:
Public Records
Garage:
2
Directions:
Head North On N Limestone, Turn Right Onto E Third St., .2 Miles House Is On Your Left.
Interior Features
Eat In Kitchen, Entrance Foyer
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
Cool
Electric, Gas, Heat Pump, Zoned
Heat
Electric, Natural Gas, Zoned
Total Rooms
2 Rooms
Schools
High School:
Lafayette
Middle School:
Lexington Trad
Elementary School:
Harrison
Tax and Financial Info
Quick View
Address:
120 E Third Street Lexington KY 40508
Status:
Pending
On Site:
75 Days On Site
Price:
$1, 150, 000
Bedrooms:
3 Beds
Bathrooms:
4 Full Baths
Sq. Feet:
4, 056
Year Built:
1838
Lot Size:
0.12
County:
Fayette
MLS #:
26008488
Property Type:
Single Family Residence
Exterior Type
Brick Veneer, Hardi Plank Type
Community Information
Area:
Description
Awarded the Historic Preservation Comm. Renovation Award, this exceptional circa-1838 Greek Revival residence offers a rare and masterful fusion of historic character and refined modern living. Completely restored down to the studs in 2007, the home showcases timeless architectural elements—exposed brick walls, poplar floors, and six fireplaces (five gas)—beautifully complemented by contemporary design details, including a sleek bridge crafted from glass and reclaimed antique pine. Thoughtfully updated for today's lifestyle, the property features three bedroom suites, including a luxurious primary retreat with a spa-inspired bath complete with double vanities and a fireplace elegantly positioned beside the soaking tub—creating a true sanctuary experience. A secondary primary suite offers its own ensuite bath and fireplace, while a full bath on the main level adds flexibility for guests. The sellers have further enhanced the home by enclosing the former sleeping porch, adding approximately 150 square feet of additional living space, now serving as a light-filled flex room. The gourmet kitchen is appointed with granite countertops, a duel-fuel gas range with vented hood, and generous space for both everyday living and entertaining. Natural light cascades throughout, accentuating the home's elegant proportions and warm, inviting ambiance. Outdoor living is equally compelling, with a spacious & private fenced-in rear patio, a detached two-car garage, and an additional exterior parking space. Zoned B-2A, the property presents unique flexibility in one of downtown Lexington's most desirable and walkable locations. Significant recent seller improvements include three new zoned HVAC systems, a new roof, and two new water heaters. Additionally, the property includes a security system, water softening system, and radon mitigation system, ensuring comfort and peace of mind. As a bonus, the conditioned limestone cellar offers ideal space for a curated wine collection and two air-conditioned attics offer additional storage solutions. Designed for ease of ownership, the property offers a refined lock-and-leave lifestyle ideal for those who travel with confidence and frequency. A truly one-of-a-kind offering—rich in history, elevated in design, and impeccably preserved, this is a rare opportunity to own a distinguished award-winning piece of Lexington while enjoying the best of modern luxury living.
Source: LBAR as distributed by MLS GRID, MLS ID: 26008488
Listing provided courtesy of Kim Morris with Berkshire Hathaway de Movellan Properties
Awarded the Historic Preservation Comm. Renovation Award, this exceptional circa-1838 Greek Revival residence offers a rare and masterful fusion of historic character and refined modern living. Completely restored down to the studs in 2007, the home showcases timeless architectural elements—exposed brick walls, poplar floors, and six fire...
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Source: LBAR as distributed by MLS GRID, MLS ID: 26008488
Listing provided courtesy of Kim Morris with Berkshire Hathaway de Movellan Properties
Martin Luther King combines a calm atmosphere with convenient access to numerous parks, creating an inviting environment for residents. A well-developed cycling network supports easy access to many local spots, complementing a variety of nearby restaurants, cafes, and specialty grocery stores. The neighborhood features a mix of single detached homes, duplexes, and apartments that provide diverse living options. Educational institutions, including public and private schools, are readily accessible in the area. Public transportation serves the community through several bus lines, with stops located near most residences. With vibrant entertainment venues scattered throughout, Martin Luther King offers a perfect balance of relaxation and social opportunities.