505 W Main Street 501, Lexington, KY 40507

$1,150,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,876 Status: Closed
Current Price: $1,150,000 List Date: 11/28/2018 Last Modified: 8/28/2025

Overview

Description

Elegant, top floor 2 story penthouse with a one-of-a-kind, signature view of Triangle Park! Easy access to Rupp Arena, The Square shops, The Lexington Opera House, & a variety of downtown restaurants. 3 bedroom, 3 bath condo loaded with upscale finishing features; French oak hardwood floors, custom kitchen with copper sink, slate counter tops & custom designed wood counter top/bar, useful pantry, high-end appliances, decorative bathrooms with heated slate & travertine floors and towel racks, built-in bookshelves and desk top with TV & wine coolers, custom window treatments including automated blinds on upper windows. Spacious modular rooftop deck has pergola with adjustable louvers & ceiling fan, storage cupboard, table & chairs, & planters with irrigation. Note: large china cabinet in foyer/dining area conveys; two chandeliers above dining area and stairway do not convey, but are negotiable.

Listing Details MLS# 1826299

Listing Information

Property Sub Type
Condominium

Status Change Information

Price Change Timestamp
2019-05-10T18:21:30Z
Status Change Timestamp
2019-05-10
Purchase Contract Date
2019-03-20
Close Date
2019-05-09
Close Price
1150000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
505
Street Direction Prefix
W
Street Name
Main
Street Suffix
Street
Unit Number
501
State
KY
Zip Code
40507
Directions
W Main Street, just past The Square and Triangle Park. Property is on the right hand corner of Main & Algonquin St.
Parcel Number
38238150

Contract

Original List Price
1200000
Start Showing Date
2018-11-28
Listing Contract Date
2018-11-28
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
417.25
Sold Price/SqFt
399.86
SP/LP
0.96

Tax Legal

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

Interior

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
2876
Living Area
2876
Basement YN
No
Fireplace YN
No

More Information

Parking Information

Garage YN
Yes

Building

Year Built
2014
Floor Number
5

Lot

Waterfront YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Elegant, top floor 2 story penthouse with a one-of-a-kind, signature view of Triangle Park! Easy access to Rupp Arena, The Square shops, The Lexington Opera House, & a variety of downtown restaurants. 3 bedroom, 3 bath condo loaded with upscale finishing features; French oak hardwood floors, custom kitchen with copper sink, slate counter tops & custom designed wood counter top/bar, useful pantry, high-end appliances, decorative bathrooms with heated slate & travertine floors and towel racks, built-in bookshelves and desk top with TV & wine coolers, custom window treatments including automated blinds on upper windows. Spacious modular rooftop deck has pergola with adjustable louvers & ceiling fan, storage cupboard, table & chairs, & planters with irrigation. Note: large china cabinet in foyer/dining area conveys; two chandeliers above dining area and stairway do not convey, but are negotiable.

Room Types

Bathroom 1 Level
First
Bedroom 1 Level
First
Bonus Room Level
Second
Den Level
Second
Dining Room Level
First
Foyer Level
First
Kitchen Level
First
Living Room Level
First
Primary Bedroom Level
First
Utility Room Level
First

Property Features

Utilities: Electricity Connected; Electricity Connected Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Association Fee Includes: Insurance; Maintenance Grounds; Trash Basement: Concrete Community Features: Park Construction Materials: Brick Veneer; Other Cooling: Electric Flooring: Hardwood; Slate; Tile Foundation Details: Block Heating: Electric; Forced Air Interior Features: Breakfast Bar; Ceiling Fan(s); Elevator; Entrance Foyer; Primary First Floor; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Main Level; Washer Hookup Other Equipment: Intercom; Irrigation Equipment Owner Pays: Management Parking Features: Detached Garage; Garage Door Opener; Garage Faces Rear; Garage Faces Side Patio And Porch Features: Deck Possession: Close Of Escrow; Negotiable Roof: Flat; Rubber Security Features: Security System Owned Sewer: Public Sewer Water Heater: Electric Water Source: Public Window Features: Blinds; Insulated Windows; Window Treatments Showing Requirements: Call Listing Office; CBS Code; Listing Agent Must Accompany; Showing Service Room Types: Bathroom 1; Bedroom 1; Bonus Room; Den; Dining Room; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Room Name
Bathroom 1
Bonus Room
Bedroom 1
Den
Dining Room
Foyer
Kitchen
Living Room
Primary Bedroom
Utility Room
Listing Office: Rector Hayden Realtors
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.