New Listing
Open House LogoIn-Person: 09/15 5:00 PM - 6:00 PM
$399,000
 $2,142 est/mo Sourced by Back At You

541 W Short Street 3,Lexington, KY 40507

Lexington, KY 40507

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Description

Location, location, location! The "three L's" truly set this Opera House Square townhome apart. Ideally positioned in the heart of downtown Lexington, you're approximately 1.5 blocks from the new Gatton Park and just moments from Rupp Arena, restaurants, bars, hotels, the Farmers Market, the Opera House, and all the energy of downtown. Yet, with the neighboring church providing a welcome buffer from city activity, this gated community offers a surprising sense of separation and privacy. Inside, the spacious two-story layout offers an excellent foundation for buyers ready to make it their own. The main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, kitchen with breakfast bar seating, and guest half-bath. Upstairs, the dual-suite design includes two bedrooms, each with a private attached bath, plus a convenient laundry nook. One of the property's standout features is the enclosed, open-air brick garden patio-a rare find among competing downtown properties and an inviting spot for outdoor dining, entertaining, gardening, or simply relaxing. An outdoor shed provides additional storage. Recent enhancements include updated light fixtures in the kitchen and baths, fresh interior paint, and newly drywalled living room accents. Concrete-block separation walls shared by only select units further enhance the feeling of privacy and quiet. With a great layout, exceptional downtown location, and hard-to-find private outdoor space, this property presents an exciting opportunity to renovate, customize, and create a downtown residence tailored to your style. The HOA is just $185, and the seller has already paid a $5,000 assessment, which the seller indicates is anticipated to cover association needs for approximately the next five years. Bring your vision and take advantage of an opportunity to make this ideally located downtown townhome your own.

Details

MLS #26024986
Listing TypeFor Sale
StyleTown House
HOA Dues$185
Sub-TypeResale
StatusActive
Year1981
Days On Site5
Listing Provided ByRE/MAX Elite Lexington | Ciara Isaacs Hagedorn

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet1,480
Story(s)2
Acreage0.05

Interior

Rooms Total9
CoolingElectric
HeatingHeat Pump, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesBreakfast Bar, Entrance Foyer
Window FeaturesInsulated Windows
AppliancesCooktop, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Trash Compactor, Washer

Exterior

Exterior FeaturesOther
RoofComposition
Construction MaterialsBrick Veneer
Foundation DetailsSlab
FencingPrivacy, Other

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesOther, Off Street

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Propane Not Available, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesPark

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40507
Area001 Fayette County NW
SubareaFayette County NW
Community NameDowntown
School DistrictFayette County
Elementary SchoolHarrison
High SchoolLafayette
Listing VS Median (in Downtown)
Price:
$399,000
low | high
Med:
$225,900
93.383458646617% of Average
sqft:
1,480
low | high
Med:
1,612
41.081081081081% of Average
$ / sqft:
$270
low | high
Med:
$140
98.019552603593% of Average
On site:
5
low | high
Med:
48
10.416666666667% of Average
Sourced by Back At You

Market Activity 40507

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

Elite Realty

Elite Realty

 (270) 556-2271joemetzgerproperties@gmail.com
Open House
In-Person
09/15 5:00 PM - 6:00 PM
StateKY
CountyFayette
CityLexington
Zip Code40507
Area001 Fayette County NW
SubareaFayette County NW
Community NameDowntown
School DistrictFayette County
Elementary SchoolHarrison
High SchoolLafayette
Listing VS Median (in Downtown)
Price:
$399,000
low | high
Med:
$225,900
93.383458646617% of Average
sqft:
1,480
low | high
Med:
1,612
41.081081081081% of Average
$ / sqft:
$270
low | high
Med:
$140
98.019552603593% of Average
On site:
5
low | high
Med:
48
10.416666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $498K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
541 W Short Street 15 Property Photo 1
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541 W Short Street 15
Lexington, KY 40507
514 W Short Street 103 Property Photo 1
$480,000
514 W Short Street 103
Lexington, KY 40507
515 W Main Street 211 Property Photo 1
$435,000
515 W Main Street 211
Lexington, KY 40507
Listing Updated: September 14, 2026 at 9:29:49 AM PDT
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS Template.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.
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