$975,000

517 W Main St Lexington, KY 40507

$10,000
Closing credit¹
3 beds
2 full, 1 partial
Condo

Property details

About 517 W Main St

Located in the heart of downtown Lexington, this one-of-a-kind ground-level condo places you just steps from Rupp Arena and the exciting new Gatton Park on the Town Branch. Perfect for the devoted UK basketball fan or anyone craving walkable city living, this 3-bedroom, 2.5-bath home blends urban convenience with Kentucky charm. Rustic barnwood siding details create a cozy retreat-like feel, while a striking two-story great room with LED lighting adds a modern edge. Upstairs, enjoy a private deck featuring historic bricks salvaged from Keeneland Race Track--a true nod to Bluegrass heritage. The gated entrance offers added security, and covered parking is included. Whether you're entertaining guests or enjoying a quiet night in, this downtown gem is full of character, comfort, and unbeatable access to all Lexington has to offer.

Highlights

Home typeCondominium
HeatingHeat Pump
StatusActive
CoolingElectric
Year built2006
ParkingOff Street
MLS #25011318

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dryer, Oven, Washer, Cooktop, Refrigerator, Microwave, Dishwasher
  • Flooring Type: Tile, Wood
  • Interior: Wet Bar, Bedroom First Floor, Entrance Foyer - 2 Story
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Off Street
  • Heating: Heat Pump
  • Cooling: Electric
  • List Price: $975,000
  • Annual Tax Amount: $2,329
  • Tax Year: 2023
  • Directions: On West Main Street, across from Rupp Arena and Convention Center.
  • Year Built: 2006
  • Stories: 2
  • MLS Number: 25011318
  • Office Name: Team Pannell Real Estate
  • Office Phone: (859) 806-7946
  • Office Email: rick@teampannell.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 1:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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517 W Main St, Lexington, KY 40507 - view of apartment building / complex

$975,000

517 W Main St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 02, 2017
Home Sold
$188,407
Sep 14, 2012
Home Sold
$515,000
Feb 10, 2011
Home Sold
$775,000
Nov 18, 2010
Home Sold
$775,000
Nov 08, 2010
Home Sold
$2,199,000

Tax history

YearAssessmentProperty Tax
2023$188,400$2,329
2022$188,400$2,406
2021$188,400$2,406
2019$188,400$2,406
2018$188,400$2,406

History based on county public records data.

Nearby schools

3

Harrison Elementary School

Public District PK-5

0.2 mi

161 Bruce St

7

Maxwell Spanish Immersion Elementary School

Public Magnet KG-5

1.0 mi

301 Woodland Ave

4

William Wells Brown Elementary School

Public District PK-5

1.2 mi

555 E Fifth St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,692. Residents of Lexington, KY typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

63%
<35k
26%
35k-100k
8%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

86%
Single, No Kids
2%
Single, with Kids
10%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 517 W Main St

The listing price of 517 W Main St property is $975,000.

The property 517 W Main St is a condo located in Lexington, Kentucky, 40507.

Active Listing: 517 W Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 517 W Main St are: Harrison Elementary School (GreatSchools Rating 3/10), Maxwell Spanish Immersion Elementary School (GreatSchools Rating 7/10), William Wells Brown Elementary School (GreatSchools Rating 4/10), Lexington Traditional Magnet School (GreatSchools Rating 2/10), Morton Middle School (GreatSchools Rating 6/10), Scapa at Bluegrass (GreatSchools Rating 8/10), Steam Academy (GreatSchools Rating 8/10), Fayette County Learning Center (GreatSchools Rating 2/10), Opportunity Middle College (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $2,329 (source: MLS/based on county public records data).

The last sale was on March 2, 2017 for $188,407 (source: MLS/tax record).

The property at 517 W Main St has 3 bedrooms and 2 full and 1 half bathrooms.

The year of construction for 517 W Main St is 2006.

This home is located at 517 W Main St in Lexington, KY and zip code 40507 in the Historic Western Suburb neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $975,000.

Lexington, KY housing market in May 2025 saw over 106 listings sold above listed price, more than 104 sold at listed price and over 159 sold below. Between April and May 2025, Lexington, KY real estate market has seen increase in the number of listings by 8.6%. Listings spent 23 days on the market in May 2025, and had a median list price of $330,208 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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