505 W Main St # 304, Lexington, KY 40507

2 beds2 baths1,498 sqft

For Sale
Zestimate®: $143,262
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My Notes

The 505 on Main consists of 17 elegant new downtown loft condos. Come and join the energy of downtown living at its finest. High end finishes include granite counters, wood flooring, sleek wood cabinetry, floor to ceiling windows, large private balconies, high ceilings and contemporary lighting and plumbing fixtures. Located in the heart of it all on Main St. Steps away from Rupp Arena, Victorian Square Shops, Triangle Park, The Lexington Opera House and a fast growing list of amazing restaurants and night life. This corner unit has views of the courtyard and St Paul Cathedral. Well designed floor plan with lots of glass has a large open kitchen, living and dining space, study, master suite with walk in closet and balcony overlooking. This is the only new downtown project that will be ready for purchase and move in during 2014. Don't hesitate...you will miss your opportunity.  More Less 


  • Condo
  • 495 days on Zillow
  • Views: 660 all time views
  • 7 shoppers saved this home
  • Heating: Forced air
  • Laundry: In Unit
  • Parking: Carport
  • Last sold: Oct 2011 for $2,742,555
  • Price/sqft: $200
  • MLS #: 1323780


  • Ceiling Fan
  • Elevator
  • Flooring: Carpet, Hardwood, Tile
  • Patio

    Additional Features

    • Association \ Lexington Blue Grass, Lease Type \ Net, Property Type \ Residential, Exterior Features \ Patio, Foundation \ Poured Concrete, Garage \ Yes, Garage\Carport Type \ Remote Ctrl Included, Garage\Carport Type \ Side\Back Entry, Interior Features \ Ceiling Fan(s), Interior Features \ Washer-Dryer Hook-up, Interior Features \ Walk-in Closets, Location Description \ Park(s) Nearby, Water \ City, Board Loaded \ No, Air Conditioning \ Electric, Appliances \ Range, Appliances \ Dishwasher, Construction \ Brick Veneer, Dining Facilities \ Kitchen Bar, Heating \ Forced Air, Miscellaneous \ Master Bdrm 1st Flr., Sewer \ Sewer, Flooring \ Hardwood, Foundation \ Concrete Block, Water Heater \ Electric, Basement \ None, Property Subtype 1 \ Condominium, Appliances \ Microwave, Appliances \ Disposal, Exterior Features \ Insulated Glass, HOA Frequency \ Monthly, Location Description \ Homeowners Asoc., New Construction \ Written Builders Wty, New Construction \ New Construction, Type\Style \ Condo, Fireplaces \ None, Builder Warranty \ Yes, Dining Facilities \ Living Room Combo, Roof \ Rubber Membrane, Garage\Carport Type \ Auxiliary Garage, Location Description \ Inside New Circle Rd, Miscellaneous \ Elevator, Type\Style \ Contemporary, Type\Style \ Loft, Roof \ Flat, Flooring \ Tile, Flooring \ Carpet, Interior Features \ Specialty Ceilings

    Appliances Included

    • Dishwasher
    • Dryer
    • Microwave
    • Range / Oven
    • Washer

    Room Types

    • Dining room
    • Walk-in closet


    • Structure type: Contemporary


    • Floor size: 1,498 sqft
    • Parcel #: 38238100
    • Zillow Home ID: 113436660

    Zestimate Details

    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    +$5,665 Last 30 days
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    +$72 Last 30 days
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    Comparable Homes

    Homes like this sold for $128-215K.


    Popularity on Zillow

    650 views since listing
    660 all-time (chart)
    7 shoppers saved
    this home to their list of favorites


    Home Expenses

    Internet, phone and TV
    Home security
    Home Insurance


    Market guide

    Zillow predicts Central Downtown home values will rise 2.6% next year, compared to a 0.6% rise for Lexington as a whole. Among Central Downtown homes, this home is 79.8% more expensive than the midpoint (median) home, and is priced 13.6% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 40507, the number of foreclosures waiting to be sold is 100% greater than in Lexington, and 98.1% lower than the national average. This higher local number may prevent 40507 home values from rising as quickly as other regions in Lexington.

    Learn more about forecast calculations or Central Downtown home values.
      More Less 

      For Sale

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      Other Units in this Building (18)ZestimateBedsBathsSqft
      # 401$160K221,811
      # 101$133K------
      # 501$165K------
      # 502$148K------
      # 503$151K------
      # 504$153K------
      # 103$133K------
      # 203$136K221,396
      # 303$136K221,396
      # 302$136K221,382
      # 301$159K221,811
      # 204$144K221,498
      # 202$129K221,238
      # 201$159K221,811
      # 404$144K221,498
      # 403$136K221,396
      # 402$136K221,382

      Nearby Schools in Lexington

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org