$4,738

closing credit¹

248 Lakeview Dr Somerset, KY 42503

$399,000
3 beds
2 full, 1 partial
0.5 acres
House

Property details

About 248 Lakeview Dr

This one of a kind LAKEVIEW ranch with convenient seasonal free dock at the end of the street features a FIVE car garage! An over-sized 2 car attached garage PLUS a large detached 3 car garage with workshop area. Plenty of room to store your boat and cars! It sits on a half an acre overlooking Lake Cumberland. New roof 2019, Spacious kitchen with granite counter tops. Fully furnished with all appliances included. FIRST floor laundry. Full basement with a massive amount of storage. You can have the best of both worlds with this custom built 3 bedroom 2.5 bath home! Enjoy Lake Cumberland's sunrise while drinking coffee on the front porch in the morning and walk from your backyard to Cumberland Grill or Reno's Steakhouse at night. Seasonal dock at the end of the street and just minutes to Burnside Marina. Turn key and move in ready! If you are thinking of making this home a rental it is already successful through Airbnb & VRBO. Call your favorite realtor for a tour today! Sellers are providing a home warranty with a full price offer!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump, Electric
Lot size0.5 Acres
Year built2001
ParkingDriveway
MLS #25000277

Summary

  • MLS Number: 25000277
  • Office Name: Re/Max Victory + Affiliates
  • Office Phone: (859) 372-6000
  • Office Email: kentdailey@remax.net

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: 2/6/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view featuring a water view

$399,000

248 Lakeview Dr

$4,738

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$310,000$-
2022$190,000$1,228
2021$190,000$1,228
2019$145,000$1,247
2018$145,000$903
2017$145,000$886

History based on county public records data.

Nearby schools

7

Burnside Elementary School

Public District PK-5

1.5 mi

435 E Lakeshore Dr

8

Southern Elementary School

Public District KG-5

2.1 mi

198 Enterprise Dr

10

Oak Hill Elementary School

Public District KG-5

4.3 mi

1755 Wtlo Rd

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 $49,077. The most common annual income of people living in Somerset, KY is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

39%
<35k
40%
35k-100k
15%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • ArbysArbys

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Somerset, KY

About 248 Lakeview Dr

This home is located at 248 Lakeview Dr in Somerset, KY and zip code 42503. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $399,000.

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 number of listings in Somerset, KY increased by 9.8% between December and January 2025. In January 2025 median list price was $255,000 and the average listing age was 57 days.

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

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