474 W Third Street, Lexington, KY 40508 (MLS# 25005096)

474 W Third Street, Lexington, KY 40508

$1,100,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,028 Lot Size (sq. ft.): 6,747 Status: Closed

Current Price: $1,100,000 List Date: 3/18/2025 Last Modified: 12/11/2025

Overview

Description

A rare opportunity to own a historic, tastefully remodeled home on one of downtown Lexington's most desirable streets. This classic Victorian offers four bedrooms, three full bathrooms and over 4000 finished sqft. of living space with a full, unfinished basement. Enter in to the spacious foyer and you are immediately captivated by the beautiful staircase and soaring ceilings. To the left is the formal living room with two sets of pocket doors and a gas fireplace. Beyond that is the inviting formal dining room with gas fireplace, which leads into the eat in kitchen with gas cooktop and walk-in pantry. There is also a full bath on the first floor. The front portion of the second floor boasts a home office and a bedroom with gas fireplace. The back portion is where you will find the primary suite, with a gas fireplace in the bedroom, full bath, spacious walk-in closet, and sunporch overlooking the backyard. The third floor is the ultimate guest suite, offering a living area with wet bar, ... (Read more)

Listing Details MLS# 25005096

Listing Information

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

Status Change Information

Status Change Timestamp: 2025-04-04
Purchase Contract Date: 2025-03-18
Close Date: 2025-04-03
Close Price: 1100000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 474
Street Direction Prefix: W
Street Name: Third
Street Suffix: Street
State: KY
Zip Code: 40508
Directions: From Main St., take N. Broadway outbound, left on W. Third, home is on the left just before Miller St.
Parcel Number: 11287500
Tax District: Yes

Contract

Original List Price: 1190000
Start Showing Date: 2025-03-18
Listing Contract Date: 2025-03-18
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 295.43
Sold Price/SqFt: 273.09
SP/LP: 0.92

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown
High School District: Fayette County - 1

Interior

Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 4028
Below Grade Unfinished Area: 1462
Living Area: 4028
Living Area Source: Appraiser
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 2
Carport YN: No

Building

Year Built: 1880
Accessibility Features YN: No

Lot

Lot Size Source: Assessor
Lot Size Acres: 0.1549
Lot Size Square Feet: 6747
Pool Private YN: No
View YN: Yes
Waterfront YN: No
Water Body Access YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: A rare opportunity to own a historic, tastefully remodeled home on one of downtown Lexington's most desirable streets. This classic Victorian offers four bedrooms, three full bathrooms and over 4000 finished sqft. of living space with a full, unfinished basement. Enter in to the spacious foyer and you are immediately captivated by the beautiful staircase and soaring ceilings. To the left is the formal living room with two sets of pocket doors and a gas fireplace. Beyond that is the inviting formal dining room with gas fireplace, which leads into the eat in kitchen with gas cooktop and walk-in pantry. There is also a full bath on the first floor. The front portion of the second floor boasts a home office and a bedroom with gas fireplace. The back portion is where you will find the primary suite, with a gas fireplace in the bedroom, full bath, spacious walk-in closet, and sunporch overlooking the backyard. The third floor is the ultimate guest suite, offering a living area with wet bar, exercise room in the turret, bedroom, and full bath. Exterior features include a rear covered porch, fenced yard and two car detached garage.

Showing Information

Showing Instructions: Sentrilock on front door to be used for bottom deadbolt only; do not lock door handle or any of the storm doors! Parking available on street or in front of garage, do not block shared driveway! Home is being sold, as is with inspections welcomed.

Currently Not Used

List Price/Acre: 7682375.73

Tax & Legal

Elementary School: Harrison
Middle Or Junior School: Lexington Trad
High School: Lafayette
Tax Rate: 1.2643
Inside New Circle Road YN: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Gas Range: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Vented Exhaust Fan: Yes

Attic Features

Finished: Yes
Floored: Yes
Permanent Stairs: Yes

Basement

Concrete: Yes
Full: Yes
Sump Pump: Yes
Unfinished: Yes
Walk-Up Access: Yes

Construction Materials

Solid Masonry: Yes
Wood Siding: Yes

Cooling

Electric: Yes

Exterior Features

Storm Door(s): Yes

Fencing

Wood: Yes

Fireplace Features

Dining Room: Yes
Gas Log: Yes
Living Room: Yes
Primary Bedroom: Yes
Recreation Room: Yes

Flooring

Hardwood: Yes
Tile: Yes

Foundation Details

Stone: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Breakfast Bar: Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Parking Features

Detached Garage: Yes
Garage Door Opener: Yes
Garage Faces Side: Yes
Off Street: Yes

Patio And Porch Features

Porch: Yes

Possession

Close Of Escrow: Yes

Roof

Composition: Yes
Shingle: Yes

Security Features

Security System Leased: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Neighborhood: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Window Features

Blinds: Yes
Storm Window(s): Yes
Window Treatments: Yes

Showing Requirements

Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Gas Range; Microwave; Oven; Range; Refrigerator; Vented Exhaust Fan Attic Features: Finished; Floored; Permanent Stairs Basement: Concrete; Full; Sump Pump; Unfinished; Walk-Up Access Construction Materials: Solid Masonry; Wood Siding Cooling: Electric Exterior Features: Storm Door(s) Fencing: Wood Fireplace Features: Dining Room; Gas Log; Living Room; Primary Bedroom; Recreation Room Flooring: Hardwood; Tile Foundation Details: Stone Heating: Forced Air; Natural Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Parking Features: Detached Garage; Garage Door Opener; Garage Faces Side; Off Street Patio And Porch Features: Porch Possession: Close Of Escrow Roof: Composition; Shingle Security Features: Security System Leased Sewer: Public Sewer Structure Type: House View: Neighborhood Water Heater: Electric Water Source: Public Window Features: Blinds; Storm Window(s); Window Treatments Showing Requirements: Showing Service

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: December - 11 - 2025

Information deemed reliable but not guaranteed.