$525,000
705 W Lexington Avenue, Winchester, KY 40391
- 6
- beds
- 5
- baths
- 5,552
- sqft
- Single Family Residence
- Property type
- 0.61 acres
- Lot size
- $95
- Price / sq ft
- $0/mo
- HOA
Showing MLS 26029637 only. Other listings’ history has not been attached.
Listing Description
- Eat-in Kitchen
- In-Law Floorplan
- Primary First Floor
- Walk-In Closet(s)
Welcome to 705 West Lexington Avenue, where historic charm, modern improvements, and exceptional investment potential come together in one remarkable property. Offering approximately 5,427 square feet on a generous approximate 0.61-acre lot, this distinctive Winchester property presents a rare opportunity to capitalize on substantial renovations already underway while bringing your own vision to life. Behind its timeless architectural character, you'll discover an impressive transformation in progress. Significant improvements have already been made, including updated kitchen and bathrooms, giving the next owner a valuable head start toward completing this extraordinary property. Generously proportioned rooms, distinctive architectural details, and an expansive floor plan create an exceptional canvas for a spectacular private residence or potential investment venture. While additional renovations and finishing touches remain, the groundwork has been laid for something truly special. An added bonus? An attached one-and-a-half-bedroom apartment offering exciting rental income potential! Whether you're seeking supplemental income, accommodations for extended family, or additional flexibility, this unique feature adds another dimension of value and opportunity. Previously identified as B-3 (Highway Business) zoned, the property may also present possibilities for commercial or mixed-use applications, subject to verification and applicable approvals. Its prominent location along West Lexington Avenue, convenient to downtown Winchester and Lexington, further enhances its appeal. Opportunities with this combination of size, character, improvements, income potential, and versatility are not easily found! For the visionary homeowner, savvy investor, or entrepreneur seeking their next project, 705 West Lexington Avenue offers the chance to finish an exciting transformation and unlock exceptional possibilities. The vision has begun. The opportunity is yours. Schedule your private showing and discover what this remarkable property could become!
Listed by Rogers Realty, LLC · info@ro&corealty.com
MLS #26029637 · Listing provided by![]()
Home Details
- Property type
- Single Family Residence
- Lot size
- 0.61-acre lot
- Price / sq ft
- $95 / sq ft
- HOA
- $0/mo HOA
Interior
- 6 bedrooms
- 5 bathrooms
- Two
- Fireplaces: 2
- Ceramic Tile, Hardwood, Tile
Property
- Single Family Residence
- 5,552 sq ft
- 0.61-acre lot
- Few Trees
Construction
- Shingle
- Heating: Electric
- Cooling: Electric
Show all home details
Interior
- Interior features
- Eat-in Kitchen, In-Law Floorplan, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
- Appliances
- Dryer, Dishwasher, Refrigerator, Washer, Self Cleaning Oven
- Flooring
- Ceramic Tile, Hardwood, Tile
- Basement
- Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access, Walk-Up Access
- Levels
- Two
Exterior & parking
- Roof
- Shingle
- Lot features
- Few Trees
- Parking features
- Basement, Driveway, Off Street
- Architectural style
- Ranch
Utilities & comfort
- Heating
- Electric
- Cooling
- Electric
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Basement, Driveway, Off Street
This Listing’s Timeline
| Date | Event | Price |
|---|---|---|
| $525,000 |
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,345/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,724
- Taxes
- $468
- Other costs
- $153
- $525,000
- Home price
- 20% · $105,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,724
- Estimated property taxes
- $468
- Home insurance
- $153
- HOA
- $0
- Utilities
- Not included
Estimate only. Utilities not included.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,724
- Estimated property taxes
- $468
- Home insurance
- $153
- HOA
- $0
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Travel Times and Accessibility
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions.
Assigned Schools
Justice
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Robert Campbell
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
GRC
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
A dedicated School Wizard page is coming soon.
Shelby & Drake JohnsonFive Pillars Team · eXp Realty