$10,000 Closing Credit¹
#25010586, Listing office: Prosperity Real Estate
$895,900 List price
389 Lakeview Dr Somerset, KY 42503
$10,000
Closing credit¹
6 beds
5 full, 1 partial
0.4 acres
House
Property details
About 389 Lakeview Dr
Welcome to lakefront luxury on Lake Cumberland! This fully furnished, turn-key home offers stunning lake views and upscale living. Currently a successful short-term rental generating over $100K in gross revenue annually. Vaulted tongue-and-groove ceilings in the dining and great room create an open, inviting space. The main level features a home office and four bedrooms, each with an ensuite bath. The walkout basement includes a second kitchen, family/game room with panoramic views, a master suite, bunk room, and half bath, perfect for guests or multi-gen living. Enjoy a large deck, covered patio, hot tub, and fire pit. Ample parking for 9 vehicles or a pontoon. Walk to the boat ramp, Cumberland Grill, and Reno's Steakhouse. Minutes from General Burnside Island and top-rated golf. A rare lakefront retreat or prime investment! Buyer to verify square footage.
Highlights
Home typeSingle Family Residence
HeatingPropane, Heat Pump
StatusActive
CoolingHeat Pump, Electric
BasementYes
Lot size0.36 Acres
Year built1970
ParkingDriveway
MLS #25012027
FireplaceGreat Room, Gas Fireplace
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Disposal, Electric Water Heater, Washer, Refrigerator, Range, Microwave, Dishwasher, Dryer
- Basement: Yes
- Flooring Type: Hardwood, Wood, Tile
- Interior: Dining Area, Entrance Foyer, Primary First Floor, Walk-In Closet(s), Whirlpool, Ceiling Fan(s), Eat-in Kitchen
- Fireplace: Great Room, Gas Fireplace
- Total Bedroom Count: 6
- Parking: Driveway
- Exterior: Deck, Porch, Patio, Hot Tub
- Heating: Propane, Heat Pump
- Cooling: Heat Pump, Electric
- List Price: $895,900
- Annual Tax Amount: $3,493
- Tax Year: 2022
- Directions: South on HWY27 Turn onto Lakeview Drive Home is on the right
- Year Built: 1970
- Stories: 1
- Lot Size: 0.36 Acres
- MLS Number: 25012027
- Office Name: RO&CO Real Estate
- Office Phone: (859) 212-6737
- Office Email: broker@roandcorealty.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: 6/10/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$895,900
389 Lakeview Dr
$10,000
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $425,000 | $- |
| 2022 | $425,000 | $3,493 |
| 2021 | $425,000 | $3,493 |
| 2019 | $180,000 | $1,453 |
| 2018 | $180,000 | $1,198 |
| 2017 | $180,000 | $1,174 |
History based on county public records data.
Nearby schools
6
Burnside Elementary School
Public District PK-5
1.5 mi
•435 E Lakeshore Dr
7
Southern Elementary School
Public District KG-5
2.3 mi
•198 Enterprise Dr
8
Oak Hill Elementary School
Public District KG-5
4.5 mi
•1755 Wtlo Rd
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 $49,077. Typical income of Somerset, KY residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area 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 Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Arbys
What do the neighbors drive?
Buick
Chevrolet
GMC
What do the neighbors listen to?
Oldies
Country
Adult Hits
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 389 Lakeview Dr
The listing price of 389 Lakeview Dr property is $895,900.
The property 389 Lakeview Dr is a house located in Somerset, Kentucky, 42503.
Active Listing: 389 Lakeview Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 389 Lakeview Dr are: Burnside Elementary School (GreatSchools Rating 6/10), Southern Elementary School (GreatSchools Rating 7/10), Oak Hill Elementary School (GreatSchools Rating 8/10), 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 $3,493 (source: MLS/based on county public records data).
The property at 389 Lakeview Dr has 6 bedrooms and 5 full and 1 half bathrooms.
The year of construction for 389 Lakeview Dr is 1970.
This home is located at 389 Lakeview Dr in Somerset, KY and zip code 42503. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $895,900.
Somerset, KY housing market in May 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 33 sold below. In May 2025 in Somerset, KY there were 8.6% more homes for sale than in April. Listings spent 51 days on the market in May 2025, and had a median list price of $259,985 during the same period.
From Rocket Homes Real Estate and based on county public records data.