1501 Richmond Road, Lexington, KY 40502 (MLS# 26020802)

1501 Richmond Road, Lexington, KY 40502

New Listing

$2,295,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,061 Lot Size (sq. ft.): 14,235 Status: Active

Current Price: $2,295,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

Rare opportunity to own a completely renovated home on Richmond Road. located on the corner of Richmond Rd. and Bassett Avenue directly across from the Henry Clay estate; this 1923 colonial home has been gutted down to the studs and meticulously renovated by Wooddale Partners. Every inch of the interior is brand new. Enter through the front door into a bright and inviting living room with full high window and fireplace looking into the formal dining room with a large triple window and full height window. The large family room is open to the kitchen that has custom handmade inlay cabinetry with built in fridge and dishwasher, 48? gas range, direct ventilation range hood, and large 48? workstation sink looking out onto the covered lanai that features a large gas fireplace, built in grill and fridge. The main level also features a breakfast nook, office, and mud/ laundry room. The primary bedroom has a large walk-in closet with custom built ins and island, sitting room, and beautifull ... (Read more)

Listing Details MLS# 26020802

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2026-08-03

Address

County: Fayette
Street Number: 1501
Street Name: Richmond
Street Suffix: Road
State: KY
Zip Code: 40502
Zip +4: 1618
Directions: From downtown on Main Street left on Bassett Avenue. House on corner of Bassett and Richmond Road.
Parcel Number: 12288700
Tax District: 01

Contract

Original List Price: 2295000
Start Showing Date: 2026-08-03
Listing Contract Date: 2026-08-03
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 453.47

Tax Legal

MLS Area Major: 002 - Fayette County NE
Subdivision Name: Fairway
High School District: Fayette County - 1

Interior

Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Above Grade Finished Area: 4095
Below Grade Finished Area: 966
Below Grade Unfinished Area: 400
Living Area: 5061
Living Area Source: Listing Agent Measured
Basement YN: Yes
Fireplace YN: Yes
Fireplaces Total: 2
Above Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 3
Carport YN: No

Building

Year Built: 1923
Accessibility Features YN: No

Lot

Lot Size Source: Public Records
Lot Size Acres: 0.326
Lot Size Square Feet: 14235
Pool Private YN: No
View YN: Yes
Waterfront YN: No
Water Body Access YN: No
Horse YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes
Underground Utilities: Yes

Remarks

Public Remarks: Rare opportunity to own a completely renovated home on Richmond Road. located on the corner of Richmond Rd. and Bassett Avenue directly across from the Henry Clay estate; this 1923 colonial home has been gutted down to the studs and meticulously renovated by Wooddale Partners. Every inch of the interior is brand new. Enter through the front door into a bright and inviting living room with full high window and fireplace looking into the formal dining room with a large triple window and full height window. The large family room is open to the kitchen that has custom handmade inlay cabinetry with built in fridge and dishwasher, 48? gas range, direct ventilation range hood, and large 48? workstation sink looking out onto the covered lanai that features a large gas fireplace, built in grill and fridge. The main level also features a breakfast nook, office, and mud/ laundry room. The primary bedroom has a large walk-in closet with custom built ins and island, sitting room, and beautifully designed bathroom. 3 guest bedrooms are all on suite with built in closets. The property sits on a 1/3 of an acre with a large yard, completely fenced in with room for an in ground pool. The detached 3 car garage is accessed off Bassett avenue with a driveway that fits 9 cars. Book your showing today to see all the fabulous hand selected finishes in person.

Amenity Fee Details

Amenity Fee YN: No

Showing Information

Showing Instructions: Property is vacant. Sentri lock on front door.

Room Types

Kitchen Level: First
Primary Bedroom Level: Second
Kitchen: Yes
Primary Bedroom: Yes

Currently Not Used

List Price/Acre: 7039877.3

Tax & Legal

Elementary School: Ashland
Middle Or Junior School: Lexington Trad
High School: Henry Clay
Tax Rate: 1.2638
Inside New Circle Road YN: Yes

Association/Community

Association YN: No

Appliances

Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Vented Exhaust Fan: Yes
Washer: Yes

Architectural Style

Colonial: Yes

Attic Features

Partially Finished: Yes

Basement

Crawl Space: Yes
Partially Finished: Yes

Community Features

Park: Yes

Construction Materials

HardiPlank Type: Yes
Solid Masonry: Yes
Stone: Yes
Wood Siding: Yes

Cooling

Central Air: Yes
Electric: Yes
Zoned: Yes

Exterior Features

Outdoor Grill: Yes

Fencing

Privacy: Yes
Wood: Yes

Fireplace Features

Gas Log: Yes
Insert: Yes
Living Room: Yes
Outside: Yes

Flooring

Carpet: Yes
Marble: Yes
Tile: Yes
Wood: Yes

Foundation Details

Block: Yes
Stone: Yes

Heating

Electric: Yes
Zoned: Yes

Interior Features

Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Main Level: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Lot Features

Landscaped: Yes

Other Structures

Outdoor Kitchen: Yes

Parking Features

Detached Garage: Yes
Driveway: Yes
Garage Door Opener: Yes
Garage Faces Side: Yes

Patio And Porch Details

Covered Patio: Yes
Covered Porch: Yes

Patio And Porch Features

Patio: Yes
Porch: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes
Flat: Yes
Rubber: Yes
Shingle: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Trees/Woods: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Window Features

Insulated Windows: Yes

Showing Requirements

Show Anytime: Yes
Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Water Connected; Underground Utilities; Electricity Connected; Natural Gas Connected; Water Connected; Underground Utilities Appliances: Dishwasher; Disposal; Double Oven; Gas Range; Microwave; Refrigerator; Self Cleaning Oven; Vented Exhaust Fan; Washer Architectural Style: Colonial Attic Features: Partially Finished Basement: Crawl Space; Partially Finished Community Features: Park Construction Materials: HardiPlank Type; Solid Masonry; Stone; Wood Siding Cooling: Central Air; Electric; Zoned Exterior Features: Outdoor Grill Fencing: Privacy; Wood Fireplace Features: Gas Log; Insert; Living Room; Outside Flooring: Carpet; Marble; Tile; Wood Foundation Details: Block; Stone Heating: Electric; Zoned Interior Features: Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Levels: Three Or More Lot Features: Landscaped Other Structures: Outdoor Kitchen Parking Features: Detached Garage; Driveway; Garage Door Opener; Garage Faces Side Patio And Porch Details: Covered Patio; Covered Porch Patio And Porch Features: Patio; Porch Possession: Close Of Escrow Roof: Dimensional Style; Flat; Rubber; Shingle Sewer: Public Sewer Structure Type: House View: Trees/Woods Water Heater: Electric Water Source: Public Window Features: Insulated Windows Showing Requirements: Show Anytime; Showing Service Room Types: Kitchen; Primary Bedroom

Room Information

Room Name	Level
Primary Bedroom	Second
Kitchen	First

Documents

Sellers Disclosure Of Property Condition ›

Lead Based Paint Disclosure ›

Listing Office: Rector Hayden Realtors

Last Updated: August - 03 - 2026

Information deemed reliable but not guaranteed.