$525,000
 $2,818 est/mo Sourced by Back At You

705 W Lexington Avenue,Winchester, KY 40391

Winchester, KY 40391

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Description

Welcome to 705 West Lexington Avenue, where historic charm, modern improvements, and exceptional investment potential come together in one remarkable property. Offering approximately 5,427 square feet on a generous approximate 0.61-acre lot, this distinctive Winchester property presents a rare opportunity to capitalize on substantial renovations already underway while bringing your own vision to life. Behind its timeless architectural character, you'll discover an impressive transformation in progress. Significant improvements have already been made, including updated kitchen and bathrooms, giving the next owner a valuable head start toward completing this extraordinary property. Generously proportioned rooms, distinctive architectural details, and an expansive floor plan create an exceptional canvas for a spectacular private residence or potential investment venture. While additional renovations and finishing touches remain, the groundwork has been laid for something truly special. An added bonus? An attached one-and-a-half-bedroom apartment offering exciting rental income potential! Whether you're seeking supplemental income, accommodations for extended family, or additional flexibility, this unique feature adds another dimension of value and opportunity. Previously identified as B-3 (Highway Business) zoned, the property may also present possibilities for commercial or mixed-use applications, subject to verification and applicable approvals. Its prominent location along West Lexington Avenue, convenient to downtown Winchester and Lexington, further enhances its appeal. Opportunities with this combination of size, character, improvements, income potential, and versatility are not easily found! For the visionary homeowner, savvy investor, or entrepreneur seeking their next project, 705 West Lexington Avenue offers the chance to finish an exciting transformation and unlock exceptional possibilities. The vision has begun. The opportunity is yours. Schedule your private showing and discover what this remarkable property could become!

Details

MLS #26029637
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year9999
Days On Site11
Listing Provided ByRogers Realty, LLC | Richard E Rogers

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet5,552
BasementY
Story(s)2
Acreage0.61
Property ViewNeighborhood

Interior

Rooms Total5
CoolingElectric
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesCeiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Primary Downstairs, Walk-In Closet(s)
AppliancesDishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer

Exterior

Exterior FeaturesFire Pit, Garden
RoofShingle
Construction MaterialsStone, Vinyl Siding
Foundation DetailsBlock
Lot FeaturesFew Trees
FencingPartial, Wood

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesBasement, Driveway, Off Street

Utilities

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

Location

Community FeaturesPark

Area Information

StateKY
CountyClark
CityWinchester
Zip Code40391
Area007 Clark County
SubareaClark County
Community NameBloomfield Addition
School DistrictClark County
Elementary SchoolJustice
High SchoolGRC
Listing VS Median (in Bloomfield Addition)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
5,552
low | high
Med:
5,552
50% of Average
$ / sqft:
$95
low | high
Med:
$95
50% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 40391

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Additional Information


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Learn More About This Property

StateKY
CountyClark
CityWinchester
Zip Code40391
Area007 Clark County
SubareaClark County
Community NameBloomfield Addition
School DistrictClark County
Elementary SchoolJustice
High SchoolGRC
Listing VS Median (in Bloomfield Addition)
Price:
$525,000
low | high
Med:
$525,000
50% of Average
sqft:
5,552
low | high
Med:
5,552
50% of Average
$ / sqft:
$95
low | high
Med:
$95
50% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 8:51:07 AM PDT