Central Kentucky Real Estate Search

Lexington Real Estate - 40508

Lexington's 40508 is one of our featured coverage areas.  The Humes-Ward Team will work hard for you to sell your house or find your dream home in 40508.

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Homes for Sale in 40508

$1,750,000
26008596 MLS 6,848 SqFt. ACTIVE Status
We are pleased to present an exceptional opportunity to purchase or lease a premier creative office building in the heart of Downtown Lexington. Located at 146 E. Third Street, this property showcases a remarkable historic renovation that blends timeless architectural character with modern design and functionality. Originally constructed in 1840, the two-story building offers appx. 6,848 SF above grade plus an additional 410 SF of finished lower-level space, ideal for storage or supplemental workspace. Upon entry, the first floor greets visitors with original hardwood floors, exposed brick, and contemporary finishes. Highlights include a distinguished boardroom with folding privacy doors, granite counters, and a fireplace that flows seamlessly into a spacious library featuring custom maple cabinetry and quartz countertops. A tiled kitchenette with dishwasher, two restrooms (including a full bath with shower), and direct access to a flexible garage space with a drive-in door further enhance the main level. An elevator and steel-wrapped open stairwell with expansive windows provide convenience and natural light throughout. The second floor is equally impressive, offering vaulted ceilings with exposed joists, generous open work areas with hardwood floors, and abundant daylight. A private sundeck with custom railing offers striking views of the Lexington skyline. Meticulously renovated in 2015, the property features a new roof, HVAC systems, windows, elevator, and porous concrete parking surface. On-site parking includes six dedicated spaces, with ample additional surface parking available nearby. This one-of-a-kind office environment combines historic charm, modern amenities, and a prime location--an unparalleled opportunity for businesses seeking a distinctive Downtown Lexington address. Layout: The first floor offers warm reception space leading into open conference room with large attached library/seating area, large bathroom with shower and expansive flex warehouse that could be easily converted to additional office space. The second floor offers large open workspaces, additional bathroom, and wonderfully lit breezeway leading to the rooftop deck. Meticulously Remodeled: The building underwent a complete renovation in 2015, adding modern touches while preserving many of the original architectural finishes. Upgrades include all new mechanical systems, a new roof, new windows, new rear staircase and an elevator. Move-In Ready: The building is suitable for a number of professional users and is move in ready. The workable layout also offers flexibility for minor modifications if needed. Location: The property is located in the heart of Downtown Lexington surrounded by an abundance of retail, restaurants, and more

146 E Third St, Lexington

$1,199,000
3 Beds 3 Baths 26016794 MLS 4,375 SqFt. ACTIVE Status
Experience the timeless character of this beautifully restored downtown Lexington home, where historic charm meets thoughtfully updated modern living. Ideally located within walking distance of downtown restaurants, shopping, Central Bank Center, and the new Gatton Park on the Town Branch, this home offers exceptional convenience in the heart of the city. Extensive improvements include updated sewer and plumbing lines, electrical, HVAC, insulation, appliances, and more, providing peace of mind while preserving the home's original character. Hardwood flooring flows throughout the interior, complemented by a beautifully restored staircase that serves as a striking architectural centerpiece. The main level features an open-concept kitchen and family room anchored by a natural gas linear fireplace and bar area, creating an inviting space for both everyday living and entertaining. The kitchen opens directly to the rear deck and patio, extending the living space outdoors. A separate living room and formal dining room provide additional flexibility for gatherings and special occasions. Upstairs, you'll find three bedrooms, two full bathrooms, and a conveniently located laundry room. The spacious primary suite includes a large walk-in closet and an updated ensuite bathroom. The third floor offers a versatile office or flex space with hardwood flooring, while the finished basement provides additional living space ideal for a media room, recreation area, or entertaining, along with unfinished storage. Step outside to a private backyard retreat featuring a deck, patio, and hot tub, creating a rare outdoor oasis in downtown Lexington. Whether enjoying a quiet evening or hosting family and friends, this space is designed to be enjoyed year-round. With its exceptional restoration, modern updates, versatile living spaces, and premier downtown location, this home offers a unique opportunity to enjoy the best of historic Lexington living. Schedule your private showing to experience everything this remarkable property has to offer.

565 W Second St, Lexington

$749,000
8 Beds 4 Baths 26015659 MLS 4,900 SqFt. ACTIVE Status
An exceptional opportunity to acquire a turnkey portfolio of two neighboring, fully occupied historic duplexes in the heart of downtown Lexington. Originally built in the late 1800s and thoughtfully restored while preserving their historic character, these award-winning properties offer a total of four spacious 2-bedroom, 1-bath residences featuring tall ceilings, restored hardwood floors, updated kitchens and baths, and convenient off-street parking. The package includes a shared off-street parking lot serving both buildings, adding convenience for residents while enhancing the long-term value and functionality of the portfolio. Fully occupied and meticulously maintained, these neighboring duplexes seamlessly blend timeless architecture with modern updates and dependable income potential in one of Lexington's most desirable and walkable neighborhoods, just steps from downtown restaurants, entertainment, shopping, and local attractions. Ideal for investors seeking a stabilized, income-producing asset, this portfolio also presents an outstanding opportunity for an owner-occupant. Live in one unit while the remaining residences help offset your mortgage, create a multigenerational living arrangement, or capitalize on future rental upside. Whether maintained as a long-term cash-flow investment, repositioned through future rent optimization, or utilized as a premium house hack, the portfolio offers multiple value-creation strategies. Priced well below its 2025 appraised value, this offering provides the potential for immediate equity in addition to dependable cash flow and long-term appreciation. Opportunities to acquire two adjacent, Historic Preservation Award-winning duplexes with a shared parking lot in such a premier downtown location are exceptionally rare. This is a truly one-of-a-kind chance to own a landmark investment in one of Lexington's most sought-after neighborhoods.

148 152 E Fourth St, Lexington

$385,000
4 Beds 3 Baths 26009098 MLS 2,012 SqFt. ACTIVE Status
Experience the best of in-town living in this recently renovated 4-bedroom, (first floor primary!) 3-full-bath home situated in Downtown Lexington's vibrant East End neighborhood. A standout feature rarely found in this area is the newly built detached 2-car garage with storage loft above, offering exceptional parking, hobby, and storage space with convenient driveway access from Ohio Street. This move-in-ready residence offers style, comfort, and an unbeatable location steps from everything the city has to offer. Inside, the open floor plan creates an inviting flow designed for both everyday living and effortless entertaining. The light-filled living room connects seamlessly to the updated kitchen, where modern finishes and functional design make gathering with family and friends a pleasure. A first-floor primary suite, along with a second bedroom and full bath, provides ample space for family, guests, or roommates. Upstairs find 2 additional bedrooms, full bath and loft area, ideal for work, play or additional lounge space. Step outside to your own private retreat—a fully fenced backyard with patio space perfect for morning coffee, weekend cookouts, or relaxing evenings under the stars. Enjoy being steps from Martine's Pastries, Lyric Theatre, popular restaurants, nightlife, and the energy of Downtown Lexington. This home combines beautifully updated indoor and outdoor spaces, generous garage capacity, and walkable convenience in a highly desirable setting. Updates since 7/2024 include professionally painted interior, Mini-split heating/cooling for second level, electric fireplace, GE Profile washer & dryer, paved designated parking area, detached 2-car garage with loft storage space, wood fence, deck, and landscape lighting.

349 E Third St, Lexington

$289,900
3 Beds 2 Baths 26012537 MLS 1,450 SqFt. ACTIVE Status
Welcome home to your stunning downtown abode! This historic all-brick home has been lovingly and completely renovated in the last three years, with no stone unturned to ensure that it needs absolutely nothing for your family to enjoy it for years to come. Located only minutes from all that downtown Lexington has to offer, you'll be within just a few blocks of coffee shops and restaurants, an elementary school, and the end point of the Legacy Trail! As you walk from the sidewalk to your covered patio and through the custom front door, you are greeted with a spacious living room and dining area, with soaring 9'+ ceilings and tall windows offering abundant natural light, recessed lighting and upscale fixtures, and lovely blond oak flooring that runs throughout the home. The open kitchen is ready for your next family dinner, with plentiful storage available in the classic all-wood Shaker cabinetry, solid granite countertops with extra prep space, and a full collection of gourmet stainless steel appliances. Just off the living room lies the gracious master suite, complete with a full ensuite bathroom with a beautiful fully tiled step-in shower and a walk-in closet with organizers. The original brick fireplace adds a dramatic flare, and the large windows allow abundant light into this wonderful space. Further back, you'll find two additional spacious bedrooms, each with their own closet, separated by a beautifully equipped full bath with custom tile surround. At the rear of the home, you will find the large laundry, with plenty of room for full-sized appliances and cabinetry above for linen and cleaning storage. Just outside through the back, you can enjoy your own personal paradise with a custom covered rear deck, complete with synthetic decking that ensures maintenance and cleaning are a breeze. The fenced back yard is extremely roomy for a property this close to all of the amenities that downtown brings, and provides plenty of off-street parking and room to expand should you want to add a garage or storage structure. Best of all, everything you need for decades of enjoyment is already done! The full renovation, completed in 2023, includes an entirely new roof and substructure, beautiful new low-e windows throughout, a new heating and HVAC system, and completely replaced plumbing and electrical systems, all finished to the highest standards. All utilities are electric, and all insulation was entirely replaced, ensuring consistently low ownership costs. This home is so easy to love, and is just waiting for the right new family to enjoy it!

507 Breckenridge St, Lexington

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