224 S Ashland Avenue, Lexington, KY 40502

$2,100,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 7,396 Lot Size (sq. ft.): 20,120 Status: Closed
Current Price: $2,100,000 List Date: 7/15/2024 Last Modified: 8/29/2025

Overview

Description

The crown jewel of South Ashland Avenue can be your new home! Imagine spending relaxing evenings on the covered front porch. Rich with history, this exceptional home boasts over 7,300 square feet of meticulously renovated space. The first level features a grand foyer with gorgeous moldings, soaring ceilings, large formal living and dining rooms, and an exquisite gourmet kitchen with a breakfast area. The second floor includes one of the owners suites and two additional bedrooms. The second primary suite, located on the third level, offers a stunning bedroom, bath, and workout area. The beautifully finished lower level includes a bedroom, full bath, den, wine cellar, and a rec room for the kids. Additional highlights include screened porches overlooking the in-ground saltwater pool, a fenced yard, and a two-car garage with over 500 square feet of space above that could be used as a home office. Conveniently located near downtown Lexington, Chevy Chase, and the University of Kentucky.

Listing Details MLS# 24014444

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Price Change Timestamp
2024-08-26T16:07:36Z
Status Change Timestamp
2024-09-27
Purchase Contract Date
2024-09-05
Close Date
2024-09-27
Close Price
2100000
Buyer Financing
Cash
Sale Type
Arms Length Sale

Address

County
Fayette
Street Number
224
Street Direction Prefix
S
Street Name
Ashland
Street Suffix
Avenue
State
KY
Zip Code
40502
Directions
East Main St to S Ashland - house is on the left, midway down the block.
Parcel Number
14895700
Tax District
Yes

Contract

Original List Price
2500000
Start Showing Date
2024-07-15
Listing Contract Date
2024-07-12
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
315.04
Sold Price/SqFt
283.94
SP/LP
0.9

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Ashland Park
High School District
Fayette County - 1

Interior

Bedrooms Total
5
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Above Grade Finished Area
5454
Below Grade Finished Area
1942
Below Grade Unfinished Area
115
Living Area
7396
Living Area Source
Public Records
Basement YN
Yes
Fireplace YN
Yes
Above Grade Unfinished Area
0

More Information

Parking Information

Garage YN
Yes
Carport YN
No

Building

Year Built
1923

Lot

Lot Size Source
Public Records
Lot Size Acres
0.4619
Lot Size Square Feet
20120
Pool Private YN
Yes
View YN
Yes
Waterfront YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
The crown jewel of South Ashland Avenue can be your new home! Imagine spending relaxing evenings on the covered front porch. Rich with history, this exceptional home boasts over 7,300 square feet of meticulously renovated space. The first level features a grand foyer with gorgeous moldings, soaring ceilings, large formal living and dining rooms, and an exquisite gourmet kitchen with a breakfast area. The second floor includes one of the owners suites and two additional bedrooms. The second primary suite, located on the third level, offers a stunning bedroom, bath, and workout area. The beautifully finished lower level includes a bedroom, full bath, den, wine cellar, and a rec room for the kids. Additional highlights include screened porches overlooking the in-ground saltwater pool, a fenced yard, and a two-car garage with over 500 square feet of space above that could be used as a home office. Conveniently located near downtown Lexington, Chevy Chase, and the University of Kentucky.

Showing Information

Showing Instructions
ML-VACANT

Currently Not Used

List Price/Acre
5044381.9

Tax & Legal

Elementary School
Cassidy
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2643
Inside New Circle Road YN
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Double Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Basement

Bath/Stubbed
Yes
Finished
Yes
Walk-Up Access
Yes

Construction Materials

Brick Veneer
Yes
Solid Masonry
Yes
Wood Siding
Yes

Cooling

Electric
Yes

Flooring

Carpet
Yes
Hardwood
Yes
Marble
Yes
Tile
Yes
Other
Yes

Foundation Details

Stone
Yes

Heating

Electric
Yes
Forced Air
Yes
Natural Gas
Yes

Interior Features

Breakfast Bar
Yes
Eat-in Kitchen
Yes
Entrance Foyer
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Parking Features

Detached Garage
Yes

Patio And Porch Features

Deck
Yes
Porch
Yes

Possession

Close Of Escrow
Yes

Private Pool Features

In Ground
Yes

Roof

Composition
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Structure Type

House
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Window Features

Blinds
Yes

Showing Requirements

Showing Service
Yes

Property Features

Appliances: Cooktop; Dishwasher; Double Oven; Microwave; Refrigerator; Washer Basement: Bath/Stubbed; Finished; Walk-Up Access Construction Materials: Brick Veneer; Solid Masonry; Wood Siding Cooling: Electric Flooring: Carpet; Hardwood; Marble; Tile; Other Foundation Details: Stone Heating: Electric; Forced Air; Natural Gas Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Parking Features: Detached Garage Patio And Porch Features: Deck; Porch Possession: Close Of Escrow Private Pool Features: In Ground Roof: Composition; Shingle Sewer: Public Sewer Structure Type: House View: Neighborhood Water Source: Public Window Features: Blinds Showing Requirements: Showing Service
Listing Office: Team Pannell Real Estate
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.