$722,450
 $4,102 est/mo Sourced by Back At You

204 S Hanover Avenue,Lexington, KY 40502

Lexington, KY 40502

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Description

A once-in-a-lifetime opportunity to renovate a timeless architecturally unique home in the heart of Ashland Park, one of Lexington's most sought-after neighborhoods. Situated on South Hanover Avenue, one of Lexington's most desirable addresses, this classic 1923 brick two-story home with partially finished basement has been prepared for its next chapter. The owner has removed all kitchen and bathroom cabinetry and fixtures, removed all attic insulation, and completed other partial internal demolition. The property now essentially provides a blank canvas for a complete renovation as you envision. The property was previously configured with a living room, dining room, kitchen, separate breakfast area, sunroom and half bath on the first floor; three bedrooms, two full baths and laundry room on the second floor; and with two windowed bedrooms and full bath in the partially finished basement. The internal layout on all floors is capable of being reconfigured to create newly sized living areas. Exterior renovations including a rear addition and new garage are also possible, subject to Board of Architectural Review approval due to the property being in a historic district. The property is being sold AS-IS, and the seller makes no representations or warranties regarding the property or its condition. The home was occupied by the same family for several decades, with the seller acquiring the property in the fall of 2025. This property offers a rare, if not once in a lifetime, opportunity to create your dream home by renovating this historic Lexington treasure in an exceptional location. Possession and closing date are negotiable. Kitchen and bathrooms are added to room count but have been gutted for potential remodel.

Details

MLS #26014485
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year1923
Days On Site64
Listing Provided ByBluegrass Sotheby's International Realty | Steve Klein

Features

Bed(s)3
Bath(s) 4 Total
SQ Feet3,491
Garage2
BasementY
Story(s)2
Acreage0.21
Property ViewNeighborhood

Interior

Rooms Total13
Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

RoofTile, Other
Construction MaterialsBrick Veneer
Foundation DetailsConcrete Perimeter
Lot FeaturesFew Trees

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo
Parking FeaturesDetached Garage, Driveway, Off Street

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Available, Phone Available, Water Available
SewerPublic Sewer

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40502
Area003 Fayette County SE
SubareaFayette County SE
Community NameAshland Park
School DistrictFayette County
Elementary SchoolCassidy
High SchoolHenry Clay
Listing VS Median (in Ashland Park)
Price:
$722,450
low | high
Med:
$810,000
37.881514291646% of Average
sqft:
3,491
low | high
Med:
4,032
34.503007734174% of Average
$ / sqft:
$207
low | high
Med:
$201
52.925190077415% of Average
On site:
64
low | high
Med:
83
77.10843373494% of Average
Sourced by Back At You

Market Activity 40502

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Learn More About This Property

StateKY
CountyFayette
CityLexington
Zip Code40502
Area003 Fayette County SE
SubareaFayette County SE
Community NameAshland Park
School DistrictFayette County
Elementary SchoolCassidy
High SchoolHenry Clay
Listing VS Median (in Ashland Park)
Price:
$722,450
low | high
Med:
$810,000
37.881514291646% of Average
sqft:
3,491
low | high
Med:
4,032
34.503007734174% of Average
$ / sqft:
$207
low | high
Med:
$201
52.925190077415% of Average
On site:
64
low | high
Med:
83
77.10843373494% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $541K - $903K
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
110-112 S Hanover Avenue Property Photo 1
$725,000
110-112 S Hanover Avenue
Lexington, KY 40502
262 S Ashland Avenue Property Photo 1
$1,499,000
262 S Ashland Avenue
Lexington, KY 40502
Listing Updated: August 23, 2026 at 5:18:35 AM PDT