On the market for the first time in 65 years, the O'Neal-Graves Tavern is one of the only surviving buildings of its kind in Central Kentucky. A former stagecoach inn that served travellers in the mid-nineteenth century, its significant history is well-documented. The building is also listed on the National Register as a notable example of stone architecture. This designation does not impose any restrictions, but it does enable the owner to claim generous federal and state historic tax credits following a certified rehabilitation. Consisting of two levels with separate entries and a finished attic, the building feasibly could be configured into at least two units. Historic features abound on the interior and will transport you back to the days of early Kentucky. The large lot also offers the possibility of a rear extension. As the parcel is currently zoned B-1, short-term rentals would be permitted. The Blue Grass Airport and the Keeneland Race Course are conveniently situated nearby. Don't miss out on this rare investment opportunity!
Vacant landProperty Type
1850Year Built
0.55 acresLot Size
$371,555Price/Acres
Listed by William Childers• WTC Realty LLC
Listed by Rhett Hughes• WTC Realty LLC
Bought with null member• Non-Member Office
Source:ImagineMLS #24024245
Redfin Estimate
$204,355
$64K since sold in May 2026$7,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 39.4% lower than the average sale price ($337K) of 6 comparable homes.
On the market for the first time in 65 years, the O'Neal-Graves Tavern is one of the only surviving buildings of its kind in Central Kentucky. A former stagecoach inn that served travellers in the mid-nineteenth century, its significant history is well-documented. The building is also listed on the National Register as a notable example of stone architecture. This designation does not impose any restrictions, but it does enable the owner to claim generous federal and state historic tax credits following a certified rehabilitation. Consisting of two levels with separate entries and a finished attic, the building feasibly could be configured into at least two units. Historic features abound on the interior and will transport you back to the days of early Kentucky. The large lot also offers the possibility of a rear extension. As the parcel is currently zoned B-1, short-term rentals would be permitted. The Blue Grass Airport and the Keeneland Race Course are conveniently situated nearby. Don't miss out on this rare investment opportunity!
Public Records
Feb 26, 2013
Sold
$65,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,522 (+423.8%)
2015
$290
Tax history for 5023 Old Versailles Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,522 (+423.8%)
2015
$290
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
B-1
Neighborhood Business Zone
The intent of this zone is to accommodate neighborhood shopping facilities to serve the needs of the surrounding residential area. 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 be oriented to support and enhance a residential neighborhood. This zone 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:
Gas station
General retail
Restaurant
Housing-Senior
Manufacturing
Office
Medical office
Research & development
Educational/school
Library
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 9
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Hot Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Room Information
# of Rooms: 9
Exterior
Exterior Information
Exterior Wall: Stone
Building Type: Single Family
Property Information
Living Sq. Ft: 2,169
Building Sq. Ft: 2,169
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 23,980
Acres: 0.5505
Zoning Code: B-1
County Use Description: R-RURAL < 10 ACRES
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,169
Stories: 2.0
Lot Size: 0.55 acres
Style: Vacant Land
Year Built: 1850
Year Renovated: —
County: Fayette County
APN: 20211000
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Rosa Parks Elementary School
Public K-5 • Assigned • 3.6mi
8/10
Beaumont Middle School
Public 6-8 • Assigned • 3.9mi
8/10
Paul Laurence Dunbar High School
Public 9-12 • Assigned • 3.2mi
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
7 days above 101° expected this year, 19 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 • 40510
Average low and high temperatures (°F)
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48
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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.