431 W 3rd St, Lexington, KY 40508
FOR SALE0.5 ACRES

431 W 3rd St
Lexington, KY 40508

Duncan Park
  • 7 Beds
  • 4 Baths
  • 8,116 sqft (on 0.50 acres)
  • 7 Beds
  • 4 Baths
  • 8,116 sqft (on 0.50 acres)

$1,995,000

Est. Mortgage $12,069/mo*
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Local Information

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Commute Destination

Description

A grand estate cast in brick and stone, 431 W. Third remains an enduring icon on one of Lexington's early prominent avenues. Built at the turn of the last century by businessman Richard T. Anderson, the home is Richardsonian Romanesque in style, reflecting the migration of Gilded Age sensibilities Westward.The Cassidy's purchased the house from Mildred Anderson Dunning, the great grandniece of Mr. Anderson, in 1986 becoming the second family to own the property. The Cassidy's embarked on a 2 year renovation that blends period details with modern materials and updates to maintain the historic character. The house went through several phases of renovation throughout the years with the final renovation finishing the third floor. The home has a spectacular first floor for everyday living or entertaining and includes a chef's kitchen. Other details include 7 bedrooms, 3.5 baths, home office, Butler's pantry and a 2 car-detached garage with space for an apartment above. The Cassidy's were meticulous in choosing materials to preserve the historical details from the distinctive William Morris wallpaper, classic subway tile to match the original first floor half-bath, original hardwood floors and the marble shower stall in the second-floor hall bath. 431 W Third St is one of the most recognizable houses in downtown Lexington and is ready for its' third owner. The property is close to everything downtown has to offer from fine dining, The Opera House, Rupp Arena and the highly anticipated Town Branch Park.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$246
Listed
54 days ago

Home Details for 431 W 3rd St

Interior Features

Interior Details
Basement: Concrete,Crawl Space,Full,Sump Pump,Unfinished,Walk-Up AccessNumber of Rooms: 19Types of Rooms: Living Room, Full Bath, Bedroom, Bonus Room, Great Room, Dining Room, Foyer, Half Bath, Master Bedroom, Kitchen, DenWet Bar
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 8116 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Trash Compactor, WasherDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Main Level,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Boiler,Forced Air,Natural GasHas CoolingAir Conditioning: Electric,ZonedHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Fireplace: Dining Room, Gas Log, Gas Starter, Great Room, Kitchen, Living Room, Master BedroomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Storm Window(s), Window TreatmentsFlooring: Hardwood, Tile
Levels, Entrance, & Accessibility
Levels: Three Or MoreFloors: Hardwood, Tile

Exterior Features

Exterior Home Features
Roof: Dimensional Style Flat Membrane MetalPatio / Porch: Patio, PorchFoundation: Pillar/Post/Pier, Stone
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 1Number of Covered Spaces: 3Has a CarportHas a GarageParking Spaces: 3Parking: Driveway,Off Street,Detached,Attached Carport
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 8116 Square Feet

Days on Market

Days on Market: 54

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Brick Veneer, Solid Masonry, Stone, Wood Siding
Property Information
Parcel Number: 1178520

Price & Status

Price
List Price: $1,995,000Price Per Sqft: $246

Active Status

MLS Status: Active

Location

Direction & Address
City: LexingtonCommunity: Downtown
School Information
Elementary School: HarrisonElementary School District: Fayette County - 1Jr High / Middle School: Lexington TradJr High / Middle School District: Fayette County - 1High School: LafayetteHigh School District: Fayette County - 1

Agent Information

Listing Agent
Listing ID: 24003973

Building

Building Area
Building Area: 10873 Square Feet

Lot Information

Lot Area: 0.50 acres

Compensation

Buyer Agency Commission: 3.00Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 24003973Attic: Pull Down Stairs
Last check for updates: about 19 hours ago
Listing courtesy of James N Turek, (859) 221-2575
Bluegrass Sotheby's International Realty
Source: Bluegrass REALTORS®, MLS#24003973

Price History for 431 W 3rd St

DatePriceEventSource
03/04/2024$1,995,000Listed For SaleBluegrass REALTORS® #24003973
01/12/2024ListingRemovedBluegrass REALTORS® #23017120
09/05/2023$2,295,000Listed For SaleBluegrass REALTORS® #23017120
03/24/2011$212,500Sold
N/A
08/01/1985$145,000Sold
N/A

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Property Taxes and Assessment

Year2020
Tax$9,672
Assessment$796,500
Home facts updated by county records

Comparable Sales for 431 W 3rd St

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Distance
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Sold Price
Sold Date
Bed
Bath
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467 W 2nd St, Lexington, KY
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5,194
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2,816
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$740,000
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4
3,571
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2
2,488
461 Kenton St, Lexington, KY
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3
2,100
139 Rand Ave, Lexington, KY
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2,453
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2,975
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1,622
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Neighborhood Overview

Duncan Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Duncan Park

  • Trulia User
    "West sixth is right down the street, the people that live on the block are very friendly. It’s a great sometimes quiet neighborhood "
    1
    Flag
  • B.
    "loud neighborhood. cars with bass play music at all hours and have no respect for neighbors. not safe. people throw trash on sidewalks and grass. robberies happen all the time. prostitution, drugs, not somewhere you want to live. only positive is there is a bus line. "
    22
    Flag
  • Naomi S.
    "I love the fact the store is around the corner and family live very close by and people are very friendly and quiet street"
    4
    Flag
  • Matt W
    "I either walk or drive, about a 10 minute walk or a 3 minute drive. There are main bus routes in the neighborhood though making it very easy to get downtown quickly. "
    1
    Flag
  • Krn_allen
    "The drug and prostitution problem. It’s really getting out of control. I hate when the children are getting out of school and they have to see a lot of the foolishness while walking home. "
    14
    Flag
  • SamanthaLink7
    "It’s close to downtown, and so there is plenty space to walk your dog. There is plenty sidewalk space to you don’t have to pick where you walk. In the summer the water fountains are running and the dogs love to play in them. "
    6
    Flag

LGBTQ Local Legal Protections

James N Turek, Bluegrass Sotheby's International Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
431 W 3rd St, Lexington, KY 40508 is a 7 bedroom, 4 bathroom, 8,116 sqft single-family home built in 1880. 431 W 3rd St is located in Duncan Park, Lexington. This property is currently available for sale and was listed by Bluegrass REALTORS® on Mar 4, 2024. The MLS # for this home is MLS# 24003973.