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5051 E Lincoln St

Wichita, KS 67218
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Bed 1

Bed

Bath 1

Bath

SqFt1,107

Sqft

Experience the perfect blend of comfort, convenience, and community at Parklane Towers, Wichita’s premier cooperative living residence! Located in the heart of East Wichita at Lincoln and Oliver, this spacious one-bedroom, one-bath home offers virtually maintenance-free living eight stories above the city. Step inside to discover a bright, inviting interior with brand-new carpet and fresh paint throughout. The spacious floor plan provides plenty of room to relax and entertain, while the private north-facing balcony offers incredible views stretching for miles across Wichita. With its elevated setting and sweeping views, this apartment delivers a penthouse-like feel without the penthouse maintenance. Parklane Towers is designed for those who appreciate quality, convenience, and a worry-free lifestyle. The beautifully maintained building and grounds offer secure access and an impressive collection of amenities. Two elevators provide access to every floor, and door attendants are available every day of the year. Each residence features an intercom connected to the front entrance, allowing Owners to approve guests before they are admitted into the building. Additional conveniences include ample guest parking, a guest apartment for overnight visitors, an event room for social gatherings, valet service, car-to-door delivery of groceries, luggage, and packages, locked lobby mailboxes, large-package delivery directly to residences, trash closets on every floor, and storage rooms when available. Residents also enjoy 24-hour access to the laundry room, exercise room, and lending library, along with electronic key-fob entry and outdoor surveillance cameras with shareholder access. As a cooperative, Parklane Towers offers a unique alternative to traditional condominium or apartment ownership. Rather than purchasing the individual real estate, buyers purchase shares in the corporation associated with their chosen residence, with ownership based on the home’s square footage. A monthly maintenance fee, similar to an HOA fee, helps cover building upkeep, utilities, and amenities, creating a truly low-maintenance lifestyle. New Owners are welcomed through an approval process conducted by the New Resident Committee and Board of Directors. And because Parklane Towers residents are Owners, there is a genuine sense of community throughout the building, where neighbors get to know one another and shareholders have a voice in their community. Whether you're ready to simplify your lifestyle, looking for a secure and convenient place to call home, or simply want to enjoy incredible views without the responsibilities that come with maintaining a traditional property, this eighth-floor Parklane Towers residence is a rare opportunity. Discover one of Wichita’s best-kept secrets in cooperative living and experience life at Parklane Towers!

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Detail Ic Property Details

Property Type : Residential

Price : $48,000

AD Id : 91160043

MLS Id : 678875

Beds : 1

Living Area Size : 1,107

Year Built : 1963

County : Sedgwick

Subdivision: Kings Heights

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Laminate
  • Roofing Information

    Other
  • Interior Features

    Pantry, Ceiling Fan(s), Elevator Roof: Other Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator Laundry Features: Common Area, In Basement Window Features: Window Coverings
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1963 Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Property Information

    Subdivision: PARKLANE TOWERS Source Property Type: Residential Levels: One Property Age: 63

  • Listing Price Information

    Listing Price: $48000

  • Tax Information

    Parcel Number: 20173-00170704 Tax Year: 2025

  • Parking Information

    Attached
    Homeowners Association Information
    Has Association: Yes Included Fees: Insurance, Security, Snow Removal, Trash, Water, Maintenance Grounds, Maintenance Structure HOA: $9,488.64 Community Features: Sidewalks, Fitness Center

  • School Information

    Elementary School: Caldwell
    Junior High School: Curtis
    Senior High School: Southeast
  • Utility Information

    Natural Gas Available, Sewer Available
  • Location Information

    Direction: From Lincoln & Oliver, east to Parklane Towers (on south side of road). Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1032 S Fabrique Dr, Wichita, KS, 67218 $169,900 2 1 1,568 6,534 Sqft
423 S Brookside St, Wichita, KS, 67218 $275,000 3 2 1,966 12,105 Sqft
1138 S Waverly St, Wichita, KS, 67218 $185,000 3 2 1,650 6,647 Sqft
1120 Pineridge St, Wichita, KS, 67218 $82,900 3 1 1,142 6,324 Sqft
5811 E Skinner St, Wichita, KS, 67218 $139,000 2 1 702 9,793 Sqft
831 S Christine Ave, Wichita, KS, 67218 $135,000 2 1 848 6,970 Sqft
138 S Parkwood Ln, Wichita, KS, 67218 $325,000 3 2 2,259 12,477 Sqft
822 S Beverly Dr, Wichita, KS, 67218 $105,000 2 1 956 6,772 Sqft
1863 S Parkwood Ln, Wichita, KS, 67218 $160,000 2 2 1,325 6,527 Sqft
5118 E Mount Vernon St, Wichita, KS, 67218 $139,000 3 1 1,016 8,452 Sqft

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Central Kansas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Kansas MLS. All Rights Reserved.

ByOwner last updated this listing 09/12/2026 @ 07:38

MLS: 678875 LISTED BY: Steve Myers, LPT Realty, LLC 877-366-2213 SOURCE: South Central Kansas MLS

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