505 W Main Street 501, Lexington, KY 40507

$2,299,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,876 Status: Active
Current Price: $2,299,000 List Date: 7/22/2025 Last Modified: 3/26/2026

Overview

Description

Experience refined downtown living in this elegant, two-story penthouse perched atop the 500s on Main, offering stunning views of Lexington's skyline. Ideally located with downtown attractions, dining, and shopping right outside your door. This three-bedroom, three-bath condo features upscale, thoughtfully curated finishes & stylish décor throughout. Floor-to-ceiling windows flood the open living space with natural light, highlighting coffered ceilings & detailed wainscoting. The kitchen includes high-end paneled appliances, custom cabinetry with bar seating & a walk-in pantry. The primary suite showcases sweeping city views, a luxurious ensuite bath with tiled walk-in shower & custom walk-in closet. Upstairs, an inviting entertaining space features built-in bookshelves, dual wine coolers, a wet bar & automated blinds on upper windows for ease & elegance. Step out onto the spacious rooftop deck with a pergola, adjustable louvers, ceiling fan, planters with irrigation & room for dining ...

Listing Details MLS# 25015926

Listing Information

Comp Sale YN
No
Property Sub Type
Condominium

Status Change Information

Status Change Timestamp
2025-07-22

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
Directly across from Rupp Arena on West Main Street.
Parcel Number
38238150
Tax District
District 01

Contract

Original List Price
2299000
Start Showing Date
2025-07-22
Listing Contract Date
2025-07-18
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
799.37

Tax Legal

MLS Area Major
001 - Fayette County NW
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
Living Area Source
Appraiser
Basement YN
No
Fireplace YN
No
Bathrooms Half
0
Below Grade Finished Area
0
Above Grade Unfinished Area
0
Below Grade Unfinished Area
0

More Information

Parking Information

Garage YN
Yes
Garage Spaces
Yes
Carport YN
No

Building

Year Built
2014
Floor Number
5
Accessibility Features YN
No

Lot

Lot Size Source
Public Records
Pool Private YN
No
View YN
Yes
Waterfront YN
No
Water Body Access YN
No
Horse YN
No
Lot Size Acres
0
Lot Size Square Feet
0

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Experience refined downtown living in this elegant, two-story penthouse perched atop the 500s on Main, offering stunning views of Lexington's skyline. Ideally located with downtown attractions, dining, and shopping right outside your door. This three-bedroom, three-bath condo features upscale, thoughtfully curated finishes & stylish décor throughout. Floor-to-ceiling windows flood the open living space with natural light, highlighting coffered ceilings & detailed wainscoting. The kitchen includes high-end paneled appliances, custom cabinetry with bar seating & a walk-in pantry. The primary suite showcases sweeping city views, a luxurious ensuite bath with tiled walk-in shower & custom walk-in closet. Upstairs, an inviting entertaining space features built-in bookshelves, dual wine coolers, a wet bar & automated blinds on upper windows for ease & elegance. Step out onto the spacious rooftop deck with a pergola, adjustable louvers, ceiling fan, planters with irrigation & room for dining or lounging. Enjoy the convenience of the secure, enclosed parking garage with interior access to the lobby & elevator. This one-of-a-kind penthouse offers the best of downtown living.

Amenity Fee Details

Amenity Fee YN
No

Showing Information

Showing Instructions
Listing agent must accompany all showings. Furniture is negotiable. One assigned parking space is included, and additional parking options are available nearby. HOA information is available under Documents and more details can be found at 500sonmain.org. Buyer to verify square footage and schools.

Room Types

Bathroom 1 Level
First
Bathroom 2 Level
Second
Bathroom 3 Level
First
Bedroom 1 Level
Second
Bedroom 2 Level
First
Foyer Level
First
Kitchen Level
First
Living Room Level
Second
Primary Bedroom Level
First
Utility Room Level
First
Bathroom 1
Yes
Bathroom 2
Yes
Bathroom 3
Yes
Bedroom 1
Yes
Bedroom 2
Yes
Foyer
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes
Utility Room
Yes

Tax & Legal

Elementary School
Harrison
Middle Or Junior School
Lexington Trad
High School
Lafayette
Tax Rate
1.2583
Design Review District YN
Yes
Inside New Circle Road YN
Yes

Association/Community

Association YN
Yes
Association Mandatory YN
Yes
Association Fee
794
Association Fee Frequency
Monthly

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes

Association Amenities

Security
Yes
Other
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Water
Yes

Community Features

Park
Yes

Construction Materials

Brick Veneer
Yes

Cooling

Electric
Yes

Flooring

Tile
Yes
Wood
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Electric
Yes

Interior Features

Breakfast Bar
Yes
Elevator
Yes
Entrance Foyer
Yes
Primary First Floor
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Laundry Features

Electric Dryer Hookup
Yes
Main Level
Yes
Washer Hookup
Yes

Levels

Two
Yes

Other Structures

Shed(s)
Yes

Parking Features

Attached Garage
Yes

Patio And Porch Details

Covered Patio
Yes

Patio And Porch Features

Patio
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

View

Neighborhood
Yes
Other
Yes

Water Source

Public
Yes

Showing Requirements

Showing Service
Yes

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator Association Amenities: Security; Other Association Fee Includes: Insurance; Maintenance Grounds; Snow Removal; Trash; Water Community Features: Park Construction Materials: Brick Veneer Cooling: Electric Flooring: Tile; Wood Foundation Details: Concrete Perimeter Heating: Electric Interior Features: Breakfast Bar; Elevator; Entrance Foyer; Primary First Floor; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Levels: Two Other Structures: Shed(s) Parking Features: Attached Garage Patio And Porch Details: Covered Patio Patio And Porch Features: Patio Possession: Close Of Escrow Sewer: Public Sewer View: Neighborhood; Other Water Source: Public Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bedroom 1; Bedroom 2; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Room Name Level Remarks
Primary Bedroom First
Bedroom 1 Second
Bedroom 2 First
Bathroom 1 First Full Bath
Bathroom 2 Second Full Bath
Bathroom 3 First Full Bath
Foyer First
Kitchen First
Living Room Second
Utility Room First
Foyer First
Living Room First
Living Room Second
Foyer First
Living Room First
Living Room Second
Listing Office: Christies International Real Estate Bluegrass
Last Updated: March - 26 - 2026
Information deemed reliable but not guaranteed.