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420 Cedar Pointe Dr, Somerset, KY, 42501

$799,900

Home List Price

$9,499*

Closing Credit

5 Bedrooms
4 Full Baths
House

Location

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420 Cedar Pointe Dr, Somerset$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2013
HeatingHeat Pump
CoolingHeat Pump
MLS #24017105
Lot Size2.40 Acres
StatusAccepting Backup Offers
(Contingent)

About 420 Cedar Pointe Dr

Experience luxury living at its finest in this stunning executive-style custom-built home for sale, nestled on a sprawling 2.4-acre estate. This exquisite residence features 5 bedrooms and 4 bathrooms, complete with gleaming hardwood floors throughout.The home offers two massive en suites on the upper level, w/ tiled showers, jacuzzi tub,and a 22-foot walk-in closet. Admire the grandeur of the balcony overlooking the living room w/fireplace and built ins, providing a striking focal point and open feel.Culinary enthusiasts will delight in the kitchen, showcasing custom cabinetry, premium granite counters, and a formal dining room for hosting lavish dinner parties.The fully finished basement is another living quarters adds an expansive dimension to this palatial home, featuring a full kitchen, den with a cozy fireplace, a game room, and an additional master suite, making it perfect for guests or multi-generational living.Step outside to expansive deck areas on all levels, creating an entertainer's paradise. The in-ground pool, adorned with playful water spouts, offers a refreshing escape during warm summer days. Plenty of parking for boats and just mins to Burnside Marina

Property Details

Property Features

Property Information:

  • Year Built: 2013
  • Stories: 1

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Email: lcrealestatepros@gmail.com

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 2.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Hwy 80 to 941 then travel to 1247. Turn right on Bend of the Lakes Rd, turn right and then the first left into Cedar Pointe Subdivision Look for the sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900

Tax Information:

  • Annual Amount: $3,115
  • 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

$249.8K

Med. Price/SqFt

$75

Avg. Days On Market

62

# of Sold Homes

35

420 Cedar Pointe Dr vs Somerset

87 DAYS ON ROCKET

+25 Days

$799,900

+$550K More

KEY TAKEAWAY

This property is $550K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017105

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Email: lcrealestatepros@gmail.com

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. © 2024 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: 11/10/2024, 3:20:53 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$3,115$379,000
2019$3,136$379,000
2018$3,189$379,000
2017$3,127$379,000

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-816403
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-816404
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 2.05 miles

  • Public District Grades PK-5

school-card-donut-816405
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.04 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 $27,593. Typical income of Somerset, KY residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents 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.

Types of housing 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.

What is it like to live in Somerset, KY?

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.

Is it easy to get around Somerset, KY without a car?

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.

Transportation in Somerset, KY.

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 420 Cedar Pointe Dr

What is the listing price of this property?

The listing price of 420 Cedar Pointe Dr property is $799,900.

What type of property is this?

The property 420 Cedar Pointe Dr is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Accepting Backup Offers: 420 Cedar Pointe Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,115 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 420 Cedar Pointe Dr has 5 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 420 Cedar Pointe Dr is 2013.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›420 Cedar Pointe Dr

This home is located at 420 Cedar Pointe Dr in Somerset, KY and zip code 42501. This home, which was built in 2013, sits on a 2.40 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $799,900.

Somerset, KY housing market in October 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 30 sold below. The number of listings in Somerset, KY increased by 9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $249,833, while the average time on the real estate market was 62 days.

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

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