OFF MARKET

Off market dec 2023 for $810K

$1,023,245

Est. refi paymentEst. refi $5,333/mo

•

3,464

sq ft

1016 Richmond Rd, Lexington, KY 40502

About this home

OPEN HOUSE Sunday 1-3pm. In historic Ashland Park, this updated classic 1929 'Center Hall Colonial' is close to fine dining & shopping. It boasts ample spaces to entertain: a beautiful living room & formal dining room. Curl up in the library with grasscloth-lined book shelves and chevron veneered walls, or relax on the back porch under towering trees. Updates include electric designer blinds, AC unit (2021), dishwasher (2023), lighting, wifi ceiling fans & fresh paint. 2-car carport; large unfinished basement perfect for storage. Primary suite combines rooms for a spacious bedroom with beautiful bathroom, tons of storage & large walk-in closet. 2 more spacious bedrooms + another full bath complete 2nd story. 3rd floor with walk-in cedar closet is perfect flex room for 4th BR, office, kids' space, work-out room, arcade or roller rink. Located in an Olmsted-designed walking neighborhood close to University of Kentucky, downtown, Henry Clay Estate & 4 miles to I-75, this home is a perfect blend of historic charm with lux contemporary conveniences.

Single-familyProperty Type

1929Year Built

8,002 sq ftLot Size

$295Est. Price/Sq.Ft.

2 spacesParking

Listed by Dan Elkinson • The Brokerage

Bought with Tyler I Back • The Brokerage

Redfin checked: a few seconds ago

•Source:ImagineMLS #23018913

Redfin Estimate

$1,023,245

$213K since sold in December 2023$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.8% higher than the average sale price ($884K) of 6 comparable homes.

SOLD SEP 10, 2026
$814,402
A
4 beds2.5 baths2,336 sq ft
1376 Fontaine Rd, Lexington, KY 40502
SOLD OCT 1, 2026
$875,000
B
4 beds3 baths3,314 sq ft
211 Chenault Rd, Lexington, KY 40502
SOLD SEP 4, 2026
$475,000
C
4 beds2 baths2,458 sq ft
43 Mentelle Park, Lexington, KY 40502
SOLD JUN 10, 2026
$1,086,305
D
4 beds3 baths3,451 sq ft
421 Dudley Rd, Lexington, KY 40502
SOLD AUG 25, 2026
$550,000
E
4 beds2 baths1,958 sq ft
203 Lincoln Ave, Lexington, KY 40502
SOLD OCT 12, 2026
$1,502,500
F
4 beds3.5 baths4,110 sq ft
229 Kingsway Dr, Lexington, KY 40502

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$348,426

Est. take-home

List your home with Redfin and save $10,232

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,463/mo

Redfin rental estimate

List your home for rent

Market trends in 40502, KY

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

96.6%

+0.2% MoM

Median sale price

$635K

$3K MoM

Avg. days on market

34d

8 days MoM

Recently sold homes

16 MoM

New listings for sale

NEW 12 MINS AGO
$239,000
2 beds2.5 baths1,660 sq ft
500 Laketower Dr #108, Lexington, KY 40502
$650,000
5 beds3 baths3,150 sq ft
3433 Gingertree Cir, Lexington, KY 40502
$750,000
3 beds1.5 baths2,013 sq ft
305 Henry Clay Blvd, Lexington, KY 40502
$705,000
1 bed1.5 baths1,319 sq ft
111 Woodland Ave #605, Lexington, KY 40502
$495,000
4 beds2.5 baths2,415 sq ft
1112 Chinoe Rd, Lexington, KY 40502
$237,500
2 beds1 bath1,000 sq ft
1127 Richmond Rd #1, Lexington, KY 40502
$850,000
4 beds2 baths2,337 sq ft
220 Irvine Rd, Lexington, KY 40502
$297,000
3 beds1 bath1,652 sq ft
285 Saint Margaret Dr, Lexington, KY 40502
$1,199,000
4 beds3 baths3,065 sq ft
1820 Richmond Rd, Lexington, KY 40502
OPEN SUN, 1PM TO 3PM
$1,295,000
4 beds3 baths3,166 sq ft
405 Hart Rd, Lexington, KY 40502
See all

Provided by Redfin

Sale history for 1016 Richmond Rd

Date

Event

Price

ImagineMLS #23018913

Dec 20, 2023

Sold

$810,000

$234/sq ft

Nov 6, 2023

Contingent

—

Sep 28, 2023

Listed

$849,000

$245/sq ft

ImagineMLS #20016138

Jan 8, 2021

Sold

$653,000

$189/sq ft

Nov 18, 2020

Pending

—

Nov 7, 2020

Price Changed

$659,000

$190/sq ft

Jul 9, 2020

Listed

$695,000

$201/sq ft

+37

Priced well below recent 2020 appraisal. Historic Richmond Road home that has been meticulously maintained and updated. The second floor features a spacious master suite with large walk-in closet. The beautiful master bathroom has dual vanities, handheld and rainfall shower heads, heated tile floors, and lots of storage. There are two additional bedrooms upstairs with ample closet space and a full bath with jetted tub. The 4th bedroom is located on the finished 3rd floor, and can also be used as a rec room or home office. A covered back porch and brick patio overlook the beautifully landscaped back yard complete with sprinkler system. Fully fenced backyard includes a 2 car carport with an enclosed storage room. Electrical and wiring was updated in 2011 during the kitchen renovation. The unfinished basement is wonderful storage space! Don't miss this historic home in the heart of Ashland Park!

ImagineMLS #20013275

Aug 6, 2020

Listing Removed

—

Jul 2, 2020

Listed

$695,000

$201/sq ft

Tax history for 1016 Richmond Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

2.5

Stories

Lot width

55 ft.

Lot depth

—

Lot size

8,000 Sq. Ft.

Year renovated

—

Sq. Ft.

3,464

Year built

1929

Style

Single Family Residential

County

Fayette County

APN

14227750

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

R-3

Planned Neighborhood Residential Zone

The intent of this zone is to provide for medium density mixed residential development, including multi-family dwellings, group residential housing, compact housing types, attached and detached single family dwellings, and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should provide a variety of housing options rather than a single type. The medium density residential uses should be located along local and collector streets, with lower density residential uses located along local streets. Adequate multi-modal connections should be available to all residents, so to allow for long term viability and incremental growth. Low and Medium density residential land uses should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other

Property details

Parking

Parking Information
Parking Features: Detached Carport, Driveway, Off Street

Garage Information
Yes

Interior

Bathroom Information
Bathrooms (Full): 2
Bathrooms (1/2): 1

Heating & Cooling
Has Heating
Heating: Baseboard, Electric, Forced Air, Natural Gas
Cooling: Electric

Interior Features
Interior Features: Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s)
Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Range
Flooring: Carpet, Hardwood, Tile
Window Features: Window Treatments, Blinds
Laundry Features: Electric Dryer Hookup, Washer Hookup

Room Information
Basement: Concrete, Unfinished
Fireplace: Yes

Exterior

Exterior Features
Foundation Details: Stone
Roof: Tile
Construction Materials: Brick Veneer, Solid Masonry
Fencing: Partial, Wood

Lot Information
Lot Size Square Feet: 8,002
Lot Size Acres: 0.1837
Lot Size Source: Public Records
Water Source: Public
On Waterfront: No
Has View: Yes
View: Trees/Woods, Neighborhood

Property Information
Structure Type: House
Levels: Three Or More

Building Information
Building Area Total: 3,464

Financial

Tax Information
Parcel Number: 14227750

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Location

School Information
Elementary School: Cassidy
Middle Or Junior School: Morton
High School: Henry Clay
High School District: Fayette County - 1

Location Information
County Or Parish: Fayette
Directions: Southeast on Richmond Road from Downtown Lexington. Home is 3rd on the right after passing Desha.
Subdivision Name: Ashland Park

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 3,464
Stories: 3.0
Lot Size: 8,000 square feet
Style: Single Family Residential
Year Built: 1929
Year Renovated: —
County: Fayette County
APN: 14227750

Home facts updated by county records on Sep 21, 2026

Other

Listing Information
Contingency: Contingent

Around this home

Schools

K - 12
Preschool & daycare

Cassidy Elementary School

Public K-5 • Assigned • 0.7mi

9/10

Morton Middle School

Public 6-8 • Assigned • 0.8mi

7/10

Henry Clay High School

Public 9-12 • Assigned • 1.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

6 days above 101° expected this year, 17 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lexington, KY • 40502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.2 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$973,000 – $1.18M

Reach more buyers when you sell with Redfin. Save up to $10,232 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$225,000

4 beds1.5 baths1,109 sq ft

1639 Strader Drive 1649 Wyatt Parkway, Lexington, KY 40505

0.24 acre lot • Built 1953 • Listed 2 days

$624,999

3 beds2.5 baths1,901 sq ft

256 Bassett Ave, Lexington, KY 40502

Open-concept kitchen • Marble countertops • Wine fridge

NEW CONSTRUCTION

$286,100

4 beds3 baths2,388 sq ft

545 Shropshire Ave, Lexington, KY 40508

5,027 sq ft lot • 2 garage spots • Built 2025

$999,990

4 beds3.5 baths3,489 sq ft

331 Ridgeway Rd, Lexington, KY 40502

Walk-in shower • 7,501 sq ft lot • 2 garage spots

$699,000

3 beds3 baths2,244 sq ft

304-306 Ridgeway Rd, Lexington, KY 40502

Updated triplex • Unbeatable location • Unique opportunity

3D WALKTHROUGH

$345,000

3 beds2.5 baths1,549 sq ft

120 Rand Ave, Lexington, KY 40508

Cozy front porch • Thoughtful floorplan • Stunning kitchen

New listings for sale in 40502

NEW 12 MINS AGO

$239,000

2 beds2.5 baths1,660 sq ft

500 Laketower Dr #108, Lexington, KY 40502

$345 HOA • Parking • Community pool

$650,000

5 beds3 baths3,150 sq ft

3433 Gingertree Cir, Lexington, KY 40502

Finished basement • Updated kitchen • Great room

$750,000

3 beds1.5 baths2,013 sq ft

305 Henry Clay Blvd, Lexington, KY 40502

Juliet balconies • Granite countertops • 5,750 sq ft lot

$705,000

1 bed1.5 baths1,319 sq ft

111 Woodland Ave #605, Lexington, KY 40502

Cozy kitchen • Gas fireplace • Replacement windows

$495,000

4 beds2.5 baths2,415 sq ft

1112 Chinoe Rd, Lexington, KY 40502

Open kitchen • Private brick patio • Large backyard

$237,500

2 beds1 bath1,000 sq ft

1127 Richmond Rd #1, Lexington, KY 40502

1928 building • Verdant neighborhood • Mature trees

$850,000

4 beds2 baths2,337 sq ft

220 Irvine Rd, Lexington, KY 40502

Covered front porch • Designer kitchen • Great room

$297,000

3 beds1 bath1,652 sq ft

285 Saint Margaret Dr, Lexington, KY 40502

Walkout basement • Ceiling fans • New light fixtures

$1,199,000

4 beds3 baths3,065 sq ft

1820 Richmond Rd, Lexington, KY 40502

Private half acre • Brand-new kitchen • Renovated bathrooms

Home values near 1016 Richmond Rd

Data from public records.

Address	Redfin Estimate
1103 Richmond Road #102, Lexington, KY 2 Beds \| 1 Baths \| 1247 Sq. Ft.	$316,237
1103 Richmond Road #301, Lexington, KY 2 Beds \| 2 Baths \| 1000 Sq. Ft.	$273,075
1018 Richmond Road, Lexington, KY 3 Beds \| 2 Baths \| 2668 Sq. Ft.	$698,624
1022 Richmond Road, Lexington, KY 3 Beds \| 3 Baths \| 4075 Sq. Ft.	$789,337
1000 Richmond Road, Lexington, KY 4 Beds \| 3.5 Baths \| 4116 Sq. Ft.	$1,327,299
99 Irvine Road, Lexington, KY 3 Beds \| 2 Baths \| 2080 Sq. Ft.	$591,602
114 Desha Road, Lexington, KY 3 Beds \| 2.5 Baths \| 2578 Sq. Ft.	$899,375

Address	Redfin Estimate
1103 Richmond Road #201, Lexington, KY 2 Beds \| 1 Baths \| 1247 Sq. Ft.	$319,448
1014 Richmond Road, Lexington, KY 4 Beds \| 3.5 Baths \| 5474 Sq. Ft.	$2,269,350
1103 Richmond Road #101, Lexington, KY 2 Beds \| 1 Baths \| 1247 Sq. Ft.	$302,002
1015 Richmond Road, Lexington, KY 3 Beds \| 2.5 Baths \| 2818 Sq. Ft.	$856,161
1022 Richmond Road, -, KY 5 Beds \| 3 Baths \| 885 Sq. Ft.	$784,850
103 Irvine Road, Lexington, KY 3 Beds \| 4.5 Baths \| 2287 Sq. Ft.	$1,378,158
116 Desha Road, Lexington, KY - Beds \| 2 Baths \| 3174 Sq. Ft.	$515,855

Address	Redfin Estimate
1017 Richmond Road, Lexington, KY 3 Beds \| 3.5 Baths \| 3100 Sq. Ft.	$1,302,088
1107 Richmond Road, Lexington, KY 4 Beds \| 2 Baths \| 2456 Sq. Ft.	$502,737
1103 Richmond Road #202, Lexington, KY 2 Beds \| 1 Baths \| 1247 Sq. Ft.	$318,711
1105 Richmond Road, Lexington, KY 3 Beds \| 2 Baths \| 2148 Sq. Ft.	$572,096
1103 Richmond Road, Lexington, KY 2 Beds \| 2 Baths \| 1000 Sq. Ft.	$288,508
108 Desha Road, Lexington, KY - Beds \| - Baths \| 5015 Sq. Ft.	$989,768
110 Desha Road, Lexington, KY 5 Beds \| 2 Baths \| 2132 Sq. Ft.	$668,556

Property information provided by ImagineMLS when last listed in 2023. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

40502 homes for sale
40503 homes for sale
40509 homes for sale
40475 homes for sale
40515 homes for sale

Houses for rent in Lexington-Fayette	Agents near me	Georgetown, KY homes for sale	Lexington-Fayette Housing Market
Houses for sale near me	Louisville, KY homes for sale	Frankfort, KY homes for sale
Land for sale near me	Lexington, KY homes for sale	Newport, KY homes for sale
Open Houses near me	Bowling Green, KY homes for sale	Lexington-Fayette Property Records
Condos for sale near me	Covington, KY homes for sale	KY New Listings

Lexington homes for sale
Georgetown homes for sale
Richmond homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 40502, KY

Sale history for 1016 Richmond Rd

Tax history for 1016 Richmond Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 40502

Home values near 1016 Richmond Rd

More real estate resources