$6,293

closing credit¹

314 Lake Forest Dr Somerset, KY 42503

$529,900
4 beds
3 full, 1 partial
0.6 acres
House

Property details

About 314 Lake Forest Dr

What a beautiful brick in the lake community of Lake Forest. This home sits within walking distance of the community boat launch and is very close to Firebrook park with walking trails, play area and dog park along with the fire department. Home features include 3 bedrooms, 2.5 baths on the main level with open concept living room and dining. The large kitchen is equipped with ample cabinetry, stainless appliances, granite counters, a breakfast area and is convenient to Laundry room. Off the kitchen you have a large Florida room with lots of natural light and access to outside deck with egress. Attached 2 car garage at main level. The basement is finished out to include a full kitchen area with stainless appliances, a living room, the 4th bedroom and a full bathroom. A covered patio at the lower level provides relaxation and is perfect for entertaining. The lower garage is huge with lots of room for another car, lawn mower, workshop, tools and has a bar and can easily be a great entertaining/game room. Home provides an upper and lower driveway with nice curb appeal. New roof and gutters less than a year old.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingElectric
BasementYes
Lot size0.624 Acres
Year built2004
ParkingDriveway
MLS #25000378
FireplaceFree Standing, Gas Fireplace, Kitchen

Summary

  • MLS Number: 25000378
  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 451-1021
  • Office Email: srobinson@century21advantage.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: 2/14/2025, 5:20:53 AM 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 facade featuring a garage and a front yard

$529,900

314 Lake Forest Dr

$6,293

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 29, 2010
Home Sold
$270,000

Tax history

YearAssessmentProperty Tax
2023$300,000$-
2022$300,000$2,342
2021$285,000$2,342
2019$230,000$2,358
2018$230,000$1,935
2017$270,000$2,227

History based on county public records data.

Nearby schools

8

Oak Hill Elementary School

Public District KG-5

3.9 mi

1755 Wtlo Rd

7

Southern Elementary School

Public District KG-5

4.4 mi

198 Enterprise Dr

6

Nancy Elementary School

Public District PK-5

5.1 mi

240 Highway 196

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 $69,811. Residents of Somerset, KY typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
47%
35k-100k
21%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
33%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • Old NavyOld Navy
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

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

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Frequently asked questions

Living in Somerset, KY

About 314 Lake Forest Dr

This home is located at 314 Lake Forest Dr in Somerset, KY and zip code 42503. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $529,900.

While more than 2 listings in Somerset, KY in January 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Somerset, KY increased by 9.8% between December and January 2025. The median list price of listings available in January 2025 was $255,000, while the average time on the real estate market was 57 days.

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

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