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319 Duke Rd - The Villa at Chevy Chase 23,216 SF Health Care Building Offered at $5,100,000 in Lexington, KY 40502
INVESTMENT HIGHLIGHTS
- 24 one-bedroom street facing, courtyard facing, or corner rooms
- Lodge-style clubhouse and common areas with high-quality finishes
- Basement level with space for fitness and recreation
- Unit sizes 560-580 SF
- Resident lounge and main dining area with full commercial kitchen
- Large enclosed courtyard and garden area for residents’ enjoyment
EXECUTIVE SUMMARY
Welcome to a rare, high-end residential or care facility opportunity in one of Lexington’s most desirable and walkable neighborhoods. Built in 2020 and nestled within the charming Chevy Chase area, this 24-unit, 23,216 SF property combines modern construction, thoughtful design, and exceptional flexibility. Originally designed and certified for assisted living, the layout and finishes also make it ideal for boutique apartments, medical housing, or other residential care uses.
Located just two miles from downtown Lexington and the University of Kentucky, residents enjoy quiet tree-lined streets, easy access to neighborhood shops, and a strong sense of community.
This property represents a turnkey Class-A opportunity for operators or investors seeking flexibility—whether as a senior housing facility, rehabilitation or behavioral health residence, or luxury multifamily community. Its modern construction, thoughtful layout, and premier location make it one of Lexington’s most adaptable and compelling offerings.
As part of the transaction, the seller may consider a short- term leaseback while the buyer implements their business plan. Please inquire with agent for more details.
Located just two miles from downtown Lexington and the University of Kentucky, residents enjoy quiet tree-lined streets, easy access to neighborhood shops, and a strong sense of community.
This property represents a turnkey Class-A opportunity for operators or investors seeking flexibility—whether as a senior housing facility, rehabilitation or behavioral health residence, or luxury multifamily community. Its modern construction, thoughtful layout, and premier location make it one of Lexington’s most adaptable and compelling offerings.
As part of the transaction, the seller may consider a short- term leaseback while the buyer implements their business plan. Please inquire with agent for more details.
PROPERTY FACTS
| Price | $5,100,000 | Lot Size | 1.30 AC |
| Price Per Bed | $212,500 | Building Size | 23,216 SF |
| Sale Type | Investment or Owner User | No. Beds | 24 |
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Assisted Living | Year Built | 2020 |
| Building Class | A | Parking Ratio | 1.03/1,000 SF |
| Zoning | R-3 - R-3, Planned Neighborhood Residential | ||
| Price | $5,100,000 |
| Price Per Bed | $212,500 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | A |
| Lot Size | 1.30 AC |
| Building Size | 23,216 SF |
| No. Beds | 24 |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | R-3 - R-3, Planned Neighborhood Residential |
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 94018250 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,800,000 |
PROPERTY TAXES
Parcel Number
94018250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,800,000
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319 Duke Rd - The Villa at Chevy Chase
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