702 Central Avenue, Lexington, KY 40502 (MLS# 24015587)

702 Central Avenue, Lexington, KY 40502

$1,525,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,548 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $1,525,000 List Date: 7/26/2024 Last Modified: 8/29/2025

Overview

Description

This impressive residence has been lovingly revived by the architectural firm Gibson, Taylor, Thompson & a team of master craftsmen. Architectural Kitchens & Baths designed the oversized, sunny kitchen. Fine brands were selected, including Visual Comfort lighting, Brizo, and Perrin & Rowe plumbing fixtures. The chef's kitchen also boasts double Wolf ovens & cooktop, as well as a Monogram refrigerator. The kitchen flows into a light-filled great room perfect for gatherings. Across the central hall, a parlor could serve as a library or additional sitting room. The first-floor primary suite provides a serene escape with an ensuite spa-like bath and MTI mineral composite soaking tub. Upstairs, charming details abound, from exposed brickwork to the period ceramic tile surrounding an original fireplace. Copious storage can be found in closets and attic spaces, as well as in the refreshed basement. Enjoy leafy views of the historic neighborhood from the front porch or elevated back deck with ... (Read more)

Listing Details MLS# 24015587

Listing Information

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

Status Change Information

Price Change Timestamp: 2024-08-21T13:56:00Z
Status Change Timestamp: 2024-10-04
Purchase Contract Date: 2024-09-06
Close Date: 2024-10-04
Close Price: 1525000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: n/a

Address

County: Fayette
Street Number: 702
Street Name: Central
Street Suffix: Avenue
State: KY
Zip Code: 40502
Directions: Inbound Richmond Rd, left on Clay Ave and the house will be on the left at the corner of Central and Clay Ave
Parcel Number: 12049975
Tax District: Yes

Contract

Original List Price: 1625000
Start Showing Date: 2024-07-26
Listing Contract Date: 2024-07-26
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/SqFt: 443.88
Sold Price/SqFt: 429.82
SP/LP: 0.97

Tax Legal

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

Interior

Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Above Grade Finished Area: 3548
Below Grade Unfinished Area: 2085
Living Area: 3548
Living Area Source: Appraiser
Basement YN: Yes
Fireplace YN: Yes
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: No
Carport YN: No

Building

Year Built: 1940

Lot

Lot Size Source: Assessor
Lot Size Acres: 0.27
Lot Size Square Feet: 11761
View YN: Yes
Waterfront 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: This impressive residence has been lovingly revived by the architectural firm Gibson, Taylor, Thompson & a team of master craftsmen. Architectural Kitchens & Baths designed the oversized, sunny kitchen. Fine brands were selected, including Visual Comfort lighting, Brizo, and Perrin & Rowe plumbing fixtures. The chef's kitchen also boasts double Wolf ovens & cooktop, as well as a Monogram refrigerator. The kitchen flows into a light-filled great room perfect for gatherings. Across the central hall, a parlor could serve as a library or additional sitting room. The first-floor primary suite provides a serene escape with an ensuite spa-like bath and MTI mineral composite soaking tub. Upstairs, charming details abound, from exposed brickwork to the period ceramic tile surrounding an original fireplace. Copious storage can be found in closets and attic spaces, as well as in the refreshed basement. Enjoy leafy views of the historic neighborhood from the front porch or elevated back deck with classic pergola. The property's R-3 zoning allows for future added density. Systems were installed to reflect this possibility with three hot water tanks and expanded electric capacity.

Showing Information

Showing Instructions: Please use ShowingTime and allow a minimum 2 hour notice to show. Listing Agent must accompany.

Currently Not Used

List Price/Acre: 5832962.96

Tax & Legal

Elementary School: Ashland
Middle Or Junior School: Lexington Trad
High School: Henry Clay
Tax Rate: 1.2643
Design Review District YN: Yes
Inside New Circle Road YN: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Vented Exhaust Fan: Yes

Attic Features

Access Only: Yes
Floored: Yes
Storage Only: Yes

Basement

Concrete: Yes
Crawl Space: Yes
Interior Entry: Yes
Partial: Yes
Sump Pump: Yes
Unfinished: Yes

Community Features

Park: Yes
Pool: Yes
Tennis Court(s): Yes

Construction Materials

Brick Veneer: Yes
Stone: Yes

Cooling

Electric: Yes
Zoned: Yes

Fireplace Features

Dining Room: Yes
Great Room: Yes
Kitchen: Yes
Living Room: Yes

Flooring

Hardwood: Yes
Tile: Yes

Foundation Details

Block: Yes
Pillar/Post/Pier: Yes
Stone: Yes

Heating

Natural Gas: Yes
Zoned: Yes

Interior Features

Eat-in Kitchen: Yes
Entrance Foyer: Yes
Primary First Floor: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

One and One Half: Yes

Parking Features

Driveway: Yes
Off Street: Yes

Patio And Porch Features

Deck: Yes
Porch: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes
Membrane: Yes
Shingle: Yes

Security Features

Security System Owned: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Neighborhood: Yes
Trees/Woods: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Window Features

Insulated Windows: Yes
Screens: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
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; Microwave; Oven; Refrigerator; Vented Exhaust Fan Attic Features: Access Only; Floored; Storage Only Basement: Concrete; Crawl Space; Interior Entry; Partial; Sump Pump; Unfinished Community Features: Park; Pool; Tennis Court(s) Construction Materials: Brick Veneer; Stone Cooling: Electric; Zoned Fireplace Features: Dining Room; Great Room; Kitchen; Living Room Flooring: Hardwood; Tile Foundation Details: Block; Pillar/Post/Pier; Stone Heating: Natural Gas; Zoned Interior Features: Eat-in Kitchen; Entrance Foyer; Primary First Floor; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One and One Half Parking Features: Driveway; Off Street Patio And Porch Features: Deck; Porch Possession: Close Of Escrow Roof: Dimensional Style; Membrane; Shingle Security Features: Security System Owned Sewer: Public Sewer Structure Type: House View: Neighborhood; Trees/Woods Water Heater: Gas Water Source: Public Window Features: Insulated Windows; Screens Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: August - 29 - 2025

Information deemed reliable but not guaranteed.