$549,000
Price cut: $66K814 Melrose Avenue, Lexington, KY 40502
- 2
- beds
- 2
- baths
- 1,715
- sqft
- Single Family Residence
- Property type
- 1925
- Year built
- 0.16 acres
- Lot size
- $320
- Price / sq ft
- $0/mo
- HOA
Listing Description
- Breakfast Bar
- Ceiling Fan(s)
Situated in one of Lexington's most beloved neighborhoods, this classic 2 bedroom, 2 bath Hollywood bungalow is ready for its next chapter. Great flex space upstairs that could be used as a 3rd bedroom. 9-foot ceilings and newly refinished walnut hardwood floors set a warm, inviting tone throughout. The show stopping kitchen and family room addition offers generous space for gathering, entertaining, and everyday living all bathed in natural light. Step outside to a large, lush yard perfect for relaxing or play, or unwind on the welcoming front porch that captures the true spirit of this storied street. Situated in the heart of "40502", this home enjoys a premier walkable location — just steps from shops, restaurants, and neighborhood schools. A rare opportunity to own a piece of Lexington's architectural charm in a neighborhood that truly has it all. Call today.
Listed by Team Pannell Real Estate · rick@teampannell.com
MLS #26018002 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Single Family Residence
- Year built
- Built in 1925
- Lot size
- 0.16-acre lot
- Price / sq ft
- $320 / sq ft
- HOA
- $0/mo HOA
Interior
- 2 bedrooms
- 2 bathrooms
- One and One Half
- Hardwood, Tile, Vinyl
Property
- Single Family Residence
- 1,715 sq ft
- 0.16-acre lot
- Landscaped
Construction
- Built in 1925
- Dimensional Style, Shingle
- Heating: Electric, Hot Water, Natural Gas, Ductless
- Cooling: Central Air
Show all home details
Interior
- Interior features
- Breakfast Bar, Ceiling Fan(s)
- Appliances
- Dishwasher, Gas Range, Microwave, Cooktop, Oven
- Flooring
- Hardwood, Tile, Vinyl
- Basement
- Partial, Unfinished
- Levels
- One and One Half
Exterior & parking
- Roof
- Dimensional Style, Shingle
- Lot features
- Landscaped
- Parking features
- Driveway
Utilities & comfort
- Heating
- Electric, Hot Water, Natural Gas, Ductless
- Cooling
- Central Air
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Driveway
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jul 13, 2026 | Listed for sale | $615,000 |
| Jan 29, 1998 | Sold |
Some past-sale photos and seller documents need a free account to view.
Property Documents
See what the sellers have done to the property and what known issues they disclose.
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,499/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,849
- Taxes
- $490
- Other costs
- $160
- $549,000
- Home price
- 20% · $109,800
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,849
- Estimated property taxes
- $490
- Home insurance
- $160
- 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
- $2,849
- Estimated property taxes
- $490
- Home insurance
- $160
- 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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- Walk Score
- —
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- Bike Score
- —
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Cassidy
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Morton
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Henry Clay
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.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty