Active
4 beds5,061 sqft
1501 Richmond Road, Lexington, KY 40502
Est: $12,307/moGet pre-approved
Single FamilyProperty Type
0.33 acresLot Size
1923Year Built
$444/sq ftPrice per sq ft
3 carsParking Spaces

Description

Rare opportunity to own a completely renovated home on Richmond Road. located on the corner of Richmond Rd. and Bassett Avenue directly across from the Henry Clay estate; this 1923 colonial home has been gutted down to the studs and meticulously renovated by Wooddale Partners. Every inch of the interior is brand new. Enter through the front door into a bright and inviting living room with full high window and fireplace looking into the formal dining room with a large triple window and full height...Rare opportunity to own a completely renovated home on Richmond Road. located on the corner of Richmond Rd. and Bassett Avenue directly across from the Henry Clay estate; this 1923 colonial home has been gutted down to the studs and meticulously renovated by Wooddale Partners. Every inch of the interior is brand new. Enter through the front door into a bright and inviting living room with full high window and fireplace looking into the formal dining room with a large triple window and full height window. The large family room is open to the kitchen that has custom handmade inlay cabinetry with built in fridge and dishwasher, 48? gas range, direct ventilation range hood, and large 48? workstation sink looking out onto the covered lanai that features a large gas fireplace, built in grill and fridge. The main level also features a breakfast nook, office, and mud/ laundry room. The primary bedroom has a large walk-in closet with custom built ins and island, sitting room, and beautifully designed bathroom. 3 guest bedrooms are all on suite with built in closets. The property sits on a 1/3 of an acre with a large yard, completely fenced in with room for an in ground pool. The detached 3 car garage is accessed off Bassett avenue with a driveway that fits 9 cars. Book your showing today to see all the fabulous hand selected finishes in person.
49 days on Market
  • Listed by: John Schroeder 859.321.1474 johnschroeder@rhr.com • Rector Hayden Realtors
Last updated: 09/15/2026 12:37 PM • Source: Imagine MLS, MLS#: 26020802

Location

Listing Courtesy of Rector Hayden Realtors
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Payment Calculator

$12,307 per month

30 year fixed, 6.71% Interest

Principal and Interest

$11,622

Property Taxes

$685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1501 Richmond Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Colonial
  • Subdivision Name: Fairway
  • View: Trees/Woods
  • View: Yes
  • Waterfront: No
Building Information
  • Year Built: 1923
  • Lot Size: 0.33 AC / 14,235 SF
Summary
Location and General Information
  • Directions: From downtown on Main Street left on Bassett Avenue. House on corner of Bassett and Richmond Road.
  • Latitude: 38.029828
  • Longitude: -84.477607
  • MLS Area Major: 002 - Fayette County NE
  • MLS Area Minor: 002 - Fayette County NE
Taxes and HOA
  • Association: No
  • Parcel Number: 12288700
School Information
  • Elementary School: Ashland
  • High School: Henry Clay
  • High School District: Fayette County - 1
  • Middle Or Junior School: Lexington Trad
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Detached Garage, Driveway, Garage Door Opener, Garage Faces Side
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.326
  • Lot Size Area: 0.33
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 14235.0
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4095.0
  • Below Grade Finished Area: 966.0
  • Building Area Total: 5061.0
  • Living Area: 5061.0
  • Living Area Source: Listing Agent Measured
  • Year Built: 1923
Building Features
  • Construction Materials: Hardi Plank Type, Stone, Wood Siding, Solid Masonry
  • Foundation Details: Block, Stone
  • Levels: Three Or More
  • Other Structures: Outdoor Kitchen
  • Structure Type: House
Farm Information
  • Horse: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected
  • Water Source: Public
Room Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Second
Room 2
  • Room Type: Kitchen
  • Room Level: First
Interior and Exterior Features
Exterior Features
  • Community Features: Park
  • Exterior Features: Outdoor Grill
  • Fencing: Privacy, Wood
  • Pool Private: No
  • Roof: Flat, Rubber, Dimensional Style, Shingle
Interior Features
  • Appliances: Disposal, Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Self Cleaning Oven, Vented Exhaust Fan
  • Basement: Crawl Space, Partially Finished
  • Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Cooling: Central Air, Electric, Zoned
  • Cooling: Yes
  • Fireplace: Yes
  • Fireplace Features: Gas Log, Insert, Living Room, Outside
  • Fireplaces Total: 2
  • Flooring: Carpet, Marble, Tile, Wood
  • Heating: Electric, Zoned
  • Heating: Yes
  • Interior Features: Walk-In Closet(s)
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Rooms Total: 2
  • Window Features: Insulated Windows

Property History for 1501 Richmond Road

DateEvent & SourcePriceAppreciation
Sep 15, 2026

Price Change

Imagine MLS #26020802

$2,249,000
Aug 3, 2026

Listed (Active)

Imagine MLS #26020802

$2,295,000
Aug 15, 2024

Sold (Public Record)

Public Record #1539182367

$665,000
DateEvent & SourcePrice
09/15/2026

Price Change

Imagine MLS #26020802

$2,249,000
08/03/2026

Listed (Active)

Imagine MLS #26020802

$2,295,000
08/15/2024

Sold (Public Record)

Public Record #1539182367

$665,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 Richmond Road

Taxable ValueLand-Additions-Total-
Tax Record2025$8,223 ($685 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,150 SqFtAbove Grade Finished SqFt3,150 SqFtUnfinished Basement SqFt1,365 SqFtStories2Lot Size14,235 SqFtStyleSingle Family ResidenceYear Built1923Year Renovated1923ZoningR-1CCountyFAYETTEAPN12288700

Schools near 1501 Richmond Road

This home is within Fayette County.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Ashland Elementary School
PublicK to 5

Lexington Middle School
Public6 to 8

Henry Clay High School
Public9 to 12

FCPS Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1501 Richmond Road is a single family home for sale in Lexington, KY 40502. This property was listed for sale on August 3, 2026 by Rector Hayden Realtors, it's currently listed at $2,249,000. It has been on the market for a total of 49 days and was last sold on August 15, 2024. This listing's school district is Fayette County. Nearby schools include Ashland Elementary School, Lexington Middle School and Henry Clay High School. 1501 Richmond Road is a 4-bed, 5-bath, 5,061 sqft single family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rector Hayden Realtors

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