11 days on rocket

389 Lakeview Dr, Somerset, KY, 42503

$799,900

Home List Price

$9,499*

Closing Credit

6 Bedrooms
5 Full Baths, 1 Partial
House

Location

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389 Lakeview Dr, Somerset$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built9999
HeatingPropane, Heat Pump
CoolingHeat Pump, Electric
BasementYes
FireplaceGreat Room, Gas Fireplace
MLS #24026491
Lot Size0.36 Acres
StatusActive

About 389 Lakeview Dr

This luxurious Lake Cumberland home can't be beat! Experience lakefront living in luxury at this high-end Lake Cumberland home that comes complete with furnishings throughout. From the moment you enter the front door the lake view welcomes you home. Tongue and groove cathedral ceilings are in the formal dining and great room to give you an open atmosphere for hosting friends and family. The main level includes an office for when you are working from home. You will also find that 4 bedrooms, on the main level, each have ensuites. On the lower level, lake views continue to demand your attention. Spacious family room/game room for all of your loved ones. An additional kitchen, master bedroom with ensuite as well a bunk room and 1/2 bathroom complete the space. The entertainment flows onto your expansive deck and covered patio which features a hot tub and fire pit. Ample room to park your pontoon, or up to 9 vehicles in the driveway. Walking distance to the boat ramp or dining at Cumberland Grill or Reno's Steakhouse. Minutes to General Burnside Island State Park and state of the art golf course. Make this 6000+/- sq. ft. home your Safe Haven.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: Godby Realty & Auction
  • Office Phone: (606) 678-8189

Interior Features

Interior Information:

  • Appliances: Disposal, Electric Water Heater, Washer, Refrigerator, Range, Microwave, Dishwasher, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood, Wood, Tile
  • Interior: Dining Area, Entrance Foyer, Primary First Floor, Walk-In Closet(s), Whirlpool, Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Great Room, Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Patio, Hot Tub

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Propane, Heat Pump
  • Cooling: Heat Pump, Electric

Other

Directions Information:

  • Directions: South on HWY27 Turn onto Lakeview DriveHome is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900

Tax Information:

  • Annual Amount: $3,494
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerset, KY.

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Somerset, KY

City

Med. Sold Price

$251.8K

Med. Price/SqFt

$69

Avg. Days On Market

119

# of Sold Homes

20

389 Lakeview Dr vs Somerset

11 DAYS ON ROCKET

-108 Days

$799,900

+$548K More

KEY TAKEAWAY

This property is $548K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24026491

Listing Office:

  • Office Name: Godby Realty & Auction
  • Office Phone: (606) 678-8189

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 1:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,494$425,000
2019$1,454$180,000
2018$1,198$180,000
2017$1,175$180,000

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1928847
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-1928848
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-1928849
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.48 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,077. Typical income of Somerset, KY residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Somerset, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Somerset, KY?

The housing landscape in Somerset, Pulaski, Kentucky, is characterized by a mix of single-family homes and multi-family residences, with single-family homes being the more prevalent. Architectural styles in the area range from traditional to contemporary, reflecting the region's historical roots and modern growth. The market composition includes a variety of living spaces, with a notable number of properties built in the latter half of the 20th century.

Is Somerset, KY a good place to live?

Somerset prides itself on its welcoming community atmosphere and the blend of small-town charm with growing urban amenities. The area is celebrated for its annual Master Musicians Festival, which showcases the rich cultural fabric and artistic talent within the community. Residents enjoy a lifestyle that balances outdoor recreation with cultural events, contributing to the area's unique character.

Are things conveniently located in Somerset, KY?

The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available, with facilities offering primary care and specialized medical services. Somerset also features a public library system that supports the educational and informational needs of its residents. Retail and dining options in the area reflect the local culture, with a mix of national chains and locally-owned businesses.

What does the transportation in Somerset, KY look like?

Transportation in Somerset includes a network of roads that connect residents to nearby cities and attractions, with the Cumberland Parkway being a notable route for commuters. Public transportation options are available, providing residents with alternatives to private vehicle use. The community is also making strides in enhancing walkability in certain areas, promoting a pedestrian-friendly environment. While specific ride-sharing statistics are not mentioned, such services are typically available in urbanized areas.

Frequently Asked Questions About 389 Lakeview Dr

What is the listing price of this property?

The listing price of 389 Lakeview Dr property is $799,900.

What type of property is this?

The property 389 Lakeview Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 389 Lakeview Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,494 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 389 Lakeview Dr has 6 bedrooms and 5 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 389 Lakeview Dr is 9999.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›389 Lakeview Dr

This home is located at 389 Lakeview Dr in Somerset, KY and zip code 42503. This home, which was built in 9999, sits on a 0.36 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $799,900.

In December 2024 more than 3 listings in Somerset, KY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Somerset, KY between November 2024 and December 2024 increased by 6%. Listings spent 119 days on the market in December 2024, and had a median list price of $251,812 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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