$2,719

closing credit¹

1201 Cherry Grove Rd Somerset, KY 42501

$229,000
2 beds
1 full
5.0 acres
House

Property details

About 1201 Cherry Grove Rd

WOW! This is the private countryside retreat you have been searching for. Check out this spectacular Furnished house nestled on 5+/- acres of beautiful, unrestricted flat land. Built in 2018, this house has many modern amenities including an open floor plan and great natural lighting. The perfect Retirement, Vacation, or Investment property only minutes away from Lake Cumberland. Enjoy the views of the mountains & wildlife from your back porch or huge covered front patio. This property is connected to Southeastern Water Company so no need to worry about maintaining a well. There is a large storage room attached to the primary bedroom that would make a great space for a Master Bathroom! Schedule your showing today!!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusAccepting Backup Offers
(Contingent)
CoolingHeat Pump
Lot size5.04 Acres
Year built2018
MLS #24019788

Summary

  • MLS Number: 24019788
  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Phone: (606) 677-0059
  • 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. © 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: 2/5/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a front yard and a patio

$229,000

1201 Cherry Grove Rd

$2,719

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 13, 2012
Home Sold
$30,000

Tax history

YearAssessmentProperty Tax
2023$150,000$-
2022$80,000$657
2021$80,000$657
2019$80,000$661
2018$33,000$277
2017$33,000$272

History based on county public records data.

Nearby schools

8

Hopkins Elementary School

Public District PK-4

3.2 mi

210 May St

8

Pulaski Elementary School

Public District KG-5

4.4 mi

107 W University Dr

8

Southern Elementary School

Public District KG-5

5.1 mi

198 Enterprise Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,725. The majority of Somerset, KY residents have income less than $<35k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
43%
35k-100k
3%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
11%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Somerset, KY

About 1201 Cherry Grove Rd

This home is located at 1201 Cherry Grove Rd in Somerset, KY and zip code 42501. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $229,000.

In January 2025, from all listings sold in Somerset, KY there were more than 2 sold above asking price, over 24 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Somerset, KY between December and January 2025 increased by 9.8%. Listings spent 57 days on the market in January 2025, and had a median list price of $255,000 during the same period.

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

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