Backup offers
#24024834, Listing office: Lake Cumberland Real Estate Professionals
Property details
About 314 Lake Forest Dr
This beautiful home is back on the market after being temporarily withdrawn for painting, landscaping and staging. 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 ago
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingElectric
BasementYes
Lot size0.624 Acres
Year built2004
ParkingDriveway
MLS #25000378
FireplaceFree Standing, Gas Fireplace, Kitchen
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Refrigerator, Range, Microwave
- Basement: Yes
- Flooring Type: Carpet, Tile, Hardwood
- Fireplace: Free Standing, Gas Fireplace, Kitchen
- Total Bedroom Count: 4
- Parking: Driveway
- Architectural Style: Craftsman
- Heating: Heat Pump
- Cooling: Electric
- List Price: $485,000
- Annual Tax Amount: $2,342
- Tax Year: 2022
- Directions: Ferry road into Lake Forest. Home will be on the left with sign in yard
- Year Built: 2004
- Stories: 1
- Lot Size: 0.624 Acres
- MLS Number: 25000378
- Office Name: CENTURY 21 Advantage Realty
- Office Phone: (606) 451-1021
- Office Email: srobinson@century21advantage.com
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: 7/15/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 29, 2010 | Home Sold | $270,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $69,811. Typical income of Somerset, KY residents is between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically 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?
Soccer
Extreme Sports
NASCAR
Where do the neighbors shop?
Old Navy
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Little Caesars
Cracker Barrel
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
New Country
Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living 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.
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.
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.
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.
About 314 Lake Forest Dr
The listing price of 314 Lake Forest Dr property is $485,000.
The property 314 Lake Forest Dr is a house located in Somerset, Kentucky, 42503.
Active Listing: 314 Lake Forest Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 314 Lake Forest Dr are: Oak Hill Elementary School (GreatSchools Rating 8/10), Southern Elementary School (GreatSchools Rating 7/10), Nancy Elementary School (GreatSchools Rating 6/10), Southern Middle School (GreatSchools Rating 7/10), Meece Middle School (GreatSchools Rating 6/10), Northern Middle School (GreatSchools Rating 8/10), Southwestern High School (GreatSchools Rating 7/10), Somerset High School (GreatSchools Rating 7/10), Pulaski County High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2022 is $2,342 (source: MLS/based on county public records data).
The last sale was on July 29, 2010 for $270,000 (source: MLS/tax record).
The property at 314 Lake Forest Dr has 4 bedrooms and 3 full and 1 half bathrooms.
The year of construction for 314 Lake Forest Dr is 2004.
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 $485,000.
While more than 3 listings in Somerset, KY in June 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 25 were sold below. The number of listings in Somerset, KY increased by 11.7% between May and June 2025. The median list price of listings available in June 2025 was $259,000, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.