5023 Old Versailles Rd, Lexington, KY 40510

$140,000

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Sold Price
$140,000
List Price
$159,000
Closing Date
Jul 08, 2025
MLS#
24024245
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Lot Size
15,246

Property Description

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!

Additional Information

Year Built
1834
Sewer
None
Foundation
Slab
Flooring
Hardwood
Elementary School
Rosa Parks
Middle School
Beaumont
High School
Dunbar
Water
Public
Subdivision
Versailles Rd

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Listing courtesy of WTC Realty LLC. Selling Office: .