541 W Short Street 3, Lexington, KY 40507 (MLS# 26024986)

541 W Short Street 3, Lexington, KY 40507

New Listing
$399,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,480 Lot Size (sq. ft.): 2,370 Status: Active
Current Price: $399,000 List Date: 9/10/2026 Last Modified: 9/11/2026

Overview

Description

Location, location, location! The "three L's" truly set this Opera House Square townhome apart. Ideally positioned in the heart of downtown Lexington, you're approximately 1.5 blocks from the new Gatton Park and just moments from Rupp Arena, restaurants, bars, hotels, the Farmers Market, the Opera House, and all the energy of downtown. Yet, with the neighboring church providing a welcome buffer from city activity, this gated community offers a surprising sense of separation and privacy. Inside, the spacious two-story layout offers an excellent foundation for buyers ready to make it their own. The main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, kitchen with breakfast bar seating, and guest half-bath. Upstairs, the dual-suite design includes two bedrooms, each with a private attached bath, plus a convenient laundry nook. One of the property's standout features is the enclosed, open-air brick garden patio—a rare find am ...

Listing Details MLS# 26024986

Listing Information

Comp Sale YN
No
Property Sub Type
Townhouse

Status Change Information

Status Change Timestamp
2026-09-10

Address

County
Fayette
Street Number
541
Street Direction Prefix
W
Street Name
Short
Street Suffix
Street
Unit Number
3
Street Suffix Modifier
West
State
KY
Zip Code
40507
Zip +4
1259
Directions
From Main Street, turn right on Jefferson, turn right on West Short, property on left.
Parcel Number
10003010
Tax District
Yes

Contract

Original List Price
399000
Start Showing Date
2026-09-10
Listing Contract Date
2026-09-10
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
269.59

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown
High School District
Fayette County - 1

Interior

Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Above Grade Finished Area
1480
Living Area
1480
Living Area Source
Public Records
Basement YN
No
Fireplace YN
Yes
Fireplaces Total
Yes

More Information

Parking Information

Garage YN
No
Carport YN
No

Building

Year Built
1981
Home Warranty YN
No
Accessibility Features YN
No

Lot

Lot Size Source
Assessor
Lot Size Acres
0.054
Lot Size Square Feet
2370
Pool Private YN
No
Waterfront YN
No
Water Body Access YN
No
Horse YN
No

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Location, location, location! The "three L's" truly set this Opera House Square townhome apart. Ideally positioned in the heart of downtown Lexington, you're approximately 1.5 blocks from the new Gatton Park and just moments from Rupp Arena, restaurants, bars, hotels, the Farmers Market, the Opera House, and all the energy of downtown. Yet, with the neighboring church providing a welcome buffer from city activity, this gated community offers a surprising sense of separation and privacy. Inside, the spacious two-story layout offers an excellent foundation for buyers ready to make it their own. The main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, kitchen with breakfast bar seating, and guest half-bath. Upstairs, the dual-suite design includes two bedrooms, each with a private attached bath, plus a convenient laundry nook. One of the property's standout features is the enclosed, open-air brick garden patio—a rare find among competing downtown properties and an inviting spot for outdoor dining, entertaining, gardening, or simply relaxing. An outdoor shed provides additional storage. Recent enhancements include updated light fixtures in the kitchen and baths, fresh interior paint, and newly drywalled living room accents. Concrete-block separation walls shared by only select units further enhance the feeling of privacy and quiet. With a great layout, exceptional downtown location, and hard-to-find private outdoor space, this property presents an exciting opportunity to renovate, customize, and create a downtown residence tailored to your style. The HOA is just $185, and the seller has already paid a $5,000 assessment, which the seller indicates is anticipated to cover association needs for approximately the next five years. Bring your vision and take advantage of an opportunity to make this ideally located downtown townhome your own.

Amenity Fee Details

Amenity Fee YN
No

Showing Information

Showing Instructions
Go and Show - Please Use Showingtime and turn off the lights.

Room Types

Bathroom 1 Level
First
Bathroom 2 Level
Second
Bathroom 3 Level
Second
Bedroom 2 Level
Second
Dining Room Level
First
Kitchen Level
Second
Living Room Level
First
Primary Bedroom Level
Second

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Propane Not Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Propane Not Available; Sewer Connected; Water Connected Appliances: Cooktop; Dishwasher; Disposal; Dryer; Oven; Range; Refrigerator; Trash Compactor; Vented Exhaust Fan; Washer Architectural Style: Colonial Association Amenities: Other Association Fee Includes: Snow Removal; Trash Attic Features: Pull-Down Stairs; Storage Only Community Features: Park Construction Materials: Brick Veneer Cooling: Electric Exterior Features: Other Fencing: Privacy; Other Fireplace Features: Living Room; Masonry Flooring: Carpet; Ceramic Tile; Luxury Vinyl; Tile; Wood Foundation Details: Slab Heating: Heat Pump; Natural Gas Interior Features: Breakfast Bar; Entrance Foyer Laundry Features: Electric Dryer Hookup; Upper Level; Washer Hookup Levels: Two Other Structures: Shed(s) Owner Pays: Common Area Maintenance; Management Parking Features: Off Street; Other Patio And Porch Details: Rear Patio Patio And Porch Features: Patio Possession: Close Of Escrow; Negotiable Roof: Composition Sewer: Public Sewer Structure Type: Multi Family Water Heater: Gas Water Source: Public Window Features: Insulated Windows Showing Requirements: Call Listing Office; Show Anytime; Showing Service Room Types: Bathroom 1; Bathroom 2; Bathroom 3; Bedroom 2; Dining Room; Kitchen; Living Room; Primary Bedroom

Room Information

Room Name Level
Primary Bedroom First
Kitchen Second
Living Room First
Dining Room First
Bathroom 1 First
Primary Bedroom Second
Bathroom 2 Second
Bedroom 2 Second
Bathroom 3 Second
Listing Office: RE/MAX Elite Lexington
Last Updated: September - 11 - 2026
Information deemed reliable but not guaranteed.