$435,000

340 Lake Forest Dr Somerset, KY 42503

$5,166
Closing credit¹
4 beds
3 full, 1 partial
0.8 acres
House

Property details

About 340 Lake Forest Dr

Beautiful & stately home within walking distance to the David H. Godby boat ramp on Lake Cumberland! This home offers a master suite on the main level w/ a jetted tub, standup shower, and walk-in closet. A grand living room featuring a vaulted ceiling and bay windows with intricate trim and molding throughout. Gas line has already been ran and is ready for a propane tank if you so choose. Newer Samsung black stainless kitchen appliances and custom cabinets as well as a tile backsplash. Totaling 4 beds and 3.5 baths, an oversized two car garage and an additional oversized 1 bay garage in the basement, this is ideal for a growing family or regular entertaining! An enclosed sunroom is just off of the dining and kitchen area. The finished basement also has a kitchenette as well as a fully concrete storm shelter/bunker. This home offers so much! Call today for more information and to schedule your private tour!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Lot size0.76 Acres
Year built2003
MLS #25008498

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dryer, Electric Water Heater, Washer, Refrigerator, Range, Microwave, Dishwasher
  • Flooring Type: Carpet, Vinyl, Hardwood
  • Total Bedroom Count: 4
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • List Price: $435,000
  • Annual Tax Amount: $2,022
  • Tax Year: 2022
  • Directions: Take Slate Branch rd. all the way out until it turns into Lake Forest Dr. Pass Horizon Hills on your right, and the house will be just a few down on your left.
  • Year Built: 2003
  • Stories: 2
  • Lot Size: 0.76 Acres
  • MLS Number: 25008498
  • Office Name: Weichert Realtors Ford Brothers, Inc.
  • Office Phone: (606) 679-2656
  • Office Email: matt@fordbrothersinc.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: 5/9/2025, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

traditional home with concrete driveway, roof with shingles, a front yard, an attached garage, and brick siding

$435,000

340 Lake Forest Dr

$5,166

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2023$265,000$-
2022$265,000$2,022
2021$246,000$2,022
2019$246,000$2,035
2018$246,000$2,070
2017$246,000$2,029

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

4.5 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. The most common annual income of people living in Somerset, KY is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

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

Similar homes for sale

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 340 Lake Forest Dr

The listing price of 340 Lake Forest Dr property is $435,000.

The property 340 Lake Forest Dr is a house located in Somerset, Kentucky, 42503.

Active Listing: 340 Lake Forest Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 340 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 $2,022 (source: MLS/based on county public records data).

The property at 340 Lake Forest Dr has 4 bedrooms and 3 full and 1 half bathrooms.

The year of construction for 340 Lake Forest Dr is 2003.

This home is located at 340 Lake Forest Dr in Somerset, KY and zip code 42503. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $435,000.

In April 2025, from all listings sold in Somerset, KY there were more than 2 sold above asking price, over 27 sold below and more than 7 were sold right at the asked price. The number of listings in Somerset, KY increased by 8.4% between March and April 2025. In April 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $259,216.

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

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