$599,000
3 bd · 2 ba · 1,715 sqft
814 Melrose Avenue, Lexington, KY 40502
Courtesy of Team Pannell Real Estate
Listing data updated July 26, 2026
About the Neighborhood
Living in Hollywood
Hollywood is one of Lexington's most connected neighborhoods — it borders the University of Kentucky, so life here follows the rhythms of campus, with football Saturdays, concerts, and art exhibitions all within easy reach. It's an established, tree-lined community of substantial older homes, the kind of place that appeals to UK faculty, alumni who never left, and anyone who wants culture and campus energy a short walk or drive away.
Most of Hollywood took shape in the 1940s, and it has the settled character that comes with it — mature trees, generous lots, and well-built homes that have been cared for across generations. Bordering UK has kept the neighborhood steadily in demand: it's walkable to campus, close to the city's best green space, and central to everything that makes Lexington a college town with real culture.
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Neighborhood guide
Inside Hollywood
- Hollywood's roughly 580 homes date largely to the mid-1940s, and single-family homes here are sizable — averaging around 3,600 square feet — on lots of roughly a quarter-acre (median around 11,325 square feet). These are established, well-proportioned homes with mature landscaping, the kind that hold their value in a neighborhood this close to campus.
- Character: Traditional, established homes on shaded streets, many updated over the decades. The neighborhood's identity is tied to its proximity to UK — it's energetic when campus is, and quiet when it isn't.
Recreation and culture: The Arboretum — the 100-acre State Botanical Garden of Kentucky — is a mile or two away, an easy walk or short drive. Woodland Park (skate park, pool, playground) and Ecton Park (with its summer Big Band & Jazz concerts) are close by, and UK's campus puts football at Kroger Field, baseball at Kentucky Proud Park, concerts at the Singletary Center, and the UK Art Museum essentially at your doorstep.
Schools
Schools in Hollywood
Hollywood is served by Fayette County Public Schools, with assignments made by address. Before committing to a specific home, let's confirm its exact elementary, middle, and high school assignment together using the FCPS SchoolSite Locator.
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