1401 Richmond Road, Lexington, KY 40502 (MLS# 20005782)

1401 Richmond Road, Lexington, KY 40502

$755,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,283 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $755,000 List Date: 3/19/2020 Last Modified: 8/28/2025

Overview

Description

Ashland Park. Main House (1922) and Two Story Addition (1950) designed by Warfield Gratz. Oversized garage with Workshop & 2nd floor Office/Studio/Guest Quarters with Full Bath and Kitchenette (2004). Main house has 3 Bedrooms and 2 1/2 Baths. Master Bedroom is large with a bonus area. Large Living Room has a Sunroom on one end overlooking Brick Patio/Garden with perennials and trees. Open Weave Brick Wall with 3 custom Gates. Gutters, Downspouts and Roof over the Sunroom are copper. Meticulously Maintained. House, Garage, Studio and appliances are sold as is. (Finished sq.ft. includes the Studio over the Garage). Corner lot provides extra guest parking on Preston. You will want to have all your outside parties on the expansive brick patios. Convenient to Downtown, UK, Chevy Chase/National Avenue. You will enjoy walking the park-like grounds of Ashland-The Henry Clay Estate-located across the street.

Listing Details MLS# 20005782

Listing Information

Property Sub Type: Single Family Residence

Status Change Information

Price Change Timestamp: 2020-11-03T13:31:31Z
Status Change Timestamp: 2020-11-03
Purchase Contract Date: 2020-09-18
Close Date: 2020-11-02
Close Price: 755000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 1401
Street Name: Richmond
Street Suffix: Road
State: KY
Zip Code: 40502
Directions: Corner of Richmond Rd and Preston Ave across from the home of Henry Clay. Parking in driveway and on Preston Ave.
Parcel Number: 13808200

Contract

Original List Price: 869900
Start Showing Date: 2020-03-19
Listing Contract Date: 2020-03-19
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 258.88
Sold Price/SqFt: 229.97
SP/LP: 0.89

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Ashland Park
High School District: Fayette County - 1

Interior

Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Above Grade Finished Area: 3283
Living Area: 3283
Basement YN: Yes
Fireplace YN: Yes
Above Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 2

Building

Year Built: 1922

Lot

Lot Size Source: Assessor
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.81
Waterfront YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Remarks

Public Remarks: Ashland Park. Main House (1922) and Two Story Addition (1950) designed by Warfield Gratz. Oversized garage with Workshop & 2nd floor Office/Studio/Guest Quarters with Full Bath and Kitchenette (2004). Main house has 3 Bedrooms and 2 1/2 Baths. Master Bedroom is large with a bonus area. Large Living Room has a Sunroom on one end overlooking Brick Patio/Garden with perennials and trees. Open Weave Brick Wall with 3 custom Gates. Gutters, Downspouts and Roof over the Sunroom are copper. Meticulously Maintained. House, Garage, Studio and appliances are sold as is. (Finished sq.ft. includes the Studio over the Garage). Corner lot provides extra guest parking on Preston. You will want to have all your outside parties on the expansive brick patios. Convenient to Downtown, UK, Chevy Chase/National Avenue. You will enjoy walking the park-like grounds of Ashland-The Henry Clay Estate-located across the street.

Room Types

Bathroom 1 Level: Second
Bathroom 2 Level: First
Bedroom 1 Level: Second
Dining Room Level: First
Foyer Level: First
Kitchen Level: First
Living Room Level: First
Primary Bedroom Level: Second
Utility Room Level: Lower
Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 1: Yes
Dining Room: Yes
Foyer: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes
Utility Room: Yes

Currently Not Used

List Price/Acre: 3695217.39

Tax & Legal

Elementary School: Ashland
Middle Or Junior School: Lexington Trad
High School: Henry Clay
Tax Rate: 1.2777
Inside New Circle Road YN: Yes

Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Attic Features

Partially Floored: Yes
Pull-Down Stairs: Yes

Basement

Concrete: Yes
Full: Yes
Unfinished: Yes
Walk-Up Access: Yes

Community Features

Park: Yes
Pool: Yes
Tennis Court(s): Yes

Construction Materials

Brick Veneer: Yes

Cooling

Electric: Yes
Heat Pump: Yes
Zoned: Yes

Exterior Features

Storm Door(s): Yes

Fencing

Privacy: Yes

Fireplace Features

Living Room: Yes
Masonry: Yes
Primary Bedroom: Yes

Flooring

Hardwood: Yes
Tile: Yes
Vinyl: Yes

Heating

Electric: Yes
Heat Pump: Yes
Hot Water: Yes
Natural Gas: Yes
Zoned: Yes

Interior Features

Eat-in Kitchen: Yes
Entrance Foyer: Yes
In-Law Floorplan: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Two: Yes

Lot Features

Many Trees: Yes
Wooded: Yes

Other Structures

Guest House: Yes

Parking Features

Detached Garage: Yes
Garage Door Opener: Yes
Garage Faces Rear: Yes
Garage Faces Side: Yes
Off Street: Yes

Patio And Porch Features

Patio: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes

Security Features

Security System Owned: Yes

Sewer

Public Sewer: Yes

Water Heater

Electric: Yes
Gas: Yes

Water Source

Public: Yes

Window Features

Insulated Windows: Yes
Skylight(s): Yes
Storm Window(s): Yes

Showing Requirements

Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected Appliances: Dishwasher; Range; Refrigerator Attic Features: Partially Floored; Pull-Down Stairs Basement: Concrete; Full; Unfinished; Walk-Up Access Community Features: Park; Pool; Tennis Court(s) Construction Materials: Brick Veneer Cooling: Electric; Heat Pump; Zoned Exterior Features: Storm Door(s) Fencing: Privacy Fireplace Features: Living Room; Masonry; Primary Bedroom Flooring: Hardwood; Tile; Vinyl Heating: Electric; Heat Pump; Hot Water; Natural Gas; Zoned Interior Features: Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: Two Lot Features: Many Trees; Wooded Other Structures: Guest House Parking Features: Detached Garage; Garage Door Opener; Garage Faces Rear; Garage Faces Side; Off Street Patio And Porch Features: Patio Possession: Close Of Escrow Roof: Dimensional Style Security Features: Security System Owned Sewer: Public Sewer Water Heater: Electric; Gas Water Source: Public Window Features: Insulated Windows; Skylight(s); Storm Window(s) Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Dining Room; Foyer; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Room Name
Bathroom 1
Bathroom 2
Bedroom 1
Dining Room
Foyer
Kitchen
Living Room
Primary Bedroom
Utility Room

Listing Office: Prestige Investments

Last Updated: August - 28 - 2025

Information deemed reliable but not guaranteed.