516 Maryland Avenue 126 # 126 Lexington, KY $ 489,900
516 Maryland Avenue 126 # 126
$ 489,900
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516 Maryland Avenue 126 # 126

Lexington, KY, 40508
$ 489,900
Bedrooms3 Baths3.1 Sq 1,886

Monthly Estimate*

$ 3,016

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Townhouse for sale in Lexington, KY

for $489,900 with 3 bedrooms and 3 full baths, 1 half bath. This 1,886 square foot townhouse was built in 2020 on a lot size of 0.04.

Easy living in the heart of downtown Lexington. This beautifully maintained 3BR/3.5BA townhome is nestled within the gated Townhouses at Jefferson Street, offering unbeatable walkability to restaurants, distilleries, entertainment venues, and Rupp Arena. A charming gated front garden welcomes you into the entry level, featuring a gracious foyer, a private en-suite bedroom ideal for guests, custom built-ins, hardwood floors, and direct access to the spacious two-car garage. The main level impresses with an open-concept design ideal for entertaining. The kitchen showcases quartz countertops, an oversized island with seating, a serving bar with custom cabinetry and beverage coolers, a pantry, and a dining area with patio doors leading to a relaxing outdoor deck. The great room is filled with natural light and anchored by an electric fireplace. A convenient powder room completes this level. Hardwood floors run throughout. Upstairs, the primary suite is a true retreat with a wood-beamed ceiling, double vanities, a tiled shower, and a walk-in closet with custom shelving. An additional upper-level en-suite bedroom provides flexibility for guests or a home office. Notable features include: custom built-ins and woodwork throughout, a custom bar with wine cooler and beverage refrigerator, transom stained-glass windows, upgraded lighting, custom blinds, and hardwood and tile flooring throughout. Ample parking with on street at front door, garage and designated space. This low-maintenance townhome seamlessly blends comfort, style, and exceptional walkability—perfect for those seeking Lexington's vibrant downtown lifestyle.

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Townhouse Active

Price

$ 489,900

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Townhouse

Taxes

$ 0

Style

Townhouse

Lot Size

0.04

Year Built

2020

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

25506848

Features
Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Eat-in Kitchen Entrance Foyer Walk-In Closet(s)
Flooring Carpet Ceramic Tile Tile
Total Fireplaces 1
Fireplace Features Electric Great Room
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Insulated Windows
Fireplace Y/N Y
Above Grade Finished Area 1886.0
Half Baths 1
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 4
Heating-Heat Pump True
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General
Sewer Public Sewer
Heating Heat Pump Zoned
Cooling Heat Pump Zoned
Utilities Electricity Connected Sewer Connected Water Connected
Possession Negotiable
Roof Dimensional Style Shingle
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
HOA Fee 225.0
Garage Spaces 2.0
Association Fee Includes Snow Removal Other
Patio/Porch Features Deck
Construction Materials Brick Veneer
Year Built 2020
Levels Three Or More
Unit Number 126
Property Subtype Townhouse
Parcel Number 38284560
Assoc Fee Paid Per Monthly
County Fayette
New Construction N
Property Type Residential
Association Amenities Other
HOA Y
Attached Garage N
Subdivision Name Downtown
Garage Y/N Y
Total Rooms 12
Full Baths 3
Status Active
Directions I-75 N to Exit 113; turn R at end of ramp; go apprxo 2.8 miles; turn R on W. Third St; go approx 0.3 miles; turn L on Jefferson St; go approx 450 FT; turn R
High School Lafayette
City Lexington
High School District Fayette County - 1
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 1873.08
Carport Y/N N
Elementary School Harrison
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Lexington Trad
MLS Area Minor 001 - Fayette County NW
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://player.vimeo.com/video/1136190725?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0
Structure Type House
Standard Status Active
Senior Community None
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Exterior
Fencing Other
Parking Features Garage Door Opener Garage Faces Rear
Lot Features Landscaped
Water Source Public
Lot Size Area 0.04
Foundation Details Slab
Building Area Total 1886.0
Lot Size Acres 0.04
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Keller Williams Legacy Group

Broker

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$3,016
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Monthly Principal & Interest
$3,016
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3289948 Elementary School
3292819 Middle School
Lafayette High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2025$489,900 -2.00% Price Down
11/25/2025$499,900 Listed Price

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516 Maryland Avenue 126 # 126, Lexington, KY, 40508 is a Townhouse for sale at $489,900 with 1,886 sqft and a lot size of 0.04. 516 Maryland Avenue 126 # 126 has 3 bedrooms, 3.1 baths, and was built in 2020. The property's zip code is 40508 which is in Lexington, KY