$989,000

Well-appointed historic residence (c. 1820) centrally located in downtown Lexington offers a rare turn-key residential opportunity in the C1 commercial zoning district allowing for a multitude of uses including short-term rental. Meticulously restored to the finest detail in 2007, the property now combines the grace and charm of an historic Lexington residence with fully updated modern amenities in one of the most convenient locations available. Luxurious enhancements include an inviting kitchen with custom cabinetry, high-quality appliances, and venting system; all-new plumbing; all-new wiring with protective shielded cable; new roof, HVAC systems, and stone foundation; 4 full bathrooms and ground-floor powder room; extensive and intensive insulation; Wi-Fi and cable; and rebuilt chimneys with 5 fireplaces redesigned on Rumford principles for maximum efficiency. Among the property's most exceptional features is a restored historic outbuilding, thoughtfully modernized as an insulated studio/workshop with updated wiring. Rare in a downtown setting, this detached structure can accommodate a multitude of potential accessory uses, potentially including extra living space - flexibility difficult to replicate in this location. The property, which occupies a large city lot, features expansive grounds with spacious gardens and stone walls, off-street parking, and a highly desirable screened porch. Located in the Lexington Historic District, two blocks from historic Main Street, the property is within easy walking distance of Washington and Lee University and the Virginia Military Institute. Property is offered fully furnished with the exception of hanging art.