$584,900

387 Falls Creek Way Somerset, KY 42503

Estimated payment $3,354/month

Total Views 312
5 Beds
3 Baths
3,841 Sq Ft
$152 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • Ranch Style House
  • 1.66 Acre Lot
  • Wooded Lot
  • Wood Flooring

About This Home

Experience the perfect blend of privacy in this stunning custom-built 5-bedroom and 3 full bath detached home, nestled on 1.66 very private wooded acres overlooking a beautiful creek. With 3840 square feet of thoughtfully designed living space, this unique property offers magnificent views with abundant wildlife and is located just minutes from Lake Cumberland and highly rated schools. Step inside to find gorgeous wood flooring throughout, a welcoming area complete with a cozy fireplace, and a nice kitchen featuring an island bar and dining area perfect for casual, formal dining and entertaining. The spacious master suite boasts a large walk- in closet, tile shower, and a relaxing soaking tub--your private retreat for a long day. The full- finished walkout basement includes a large family room, providing ample space for gatherings or recreation. Enjoy the convenience of a large utility room and savor peaceful evenings on this extraordinary property that seamlessly blends comfort with natural beauty. Don't miss your chance to own this exceptional home--schedule your private tour today!!

Listing Agent

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 12/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 2023

Lot Details

  • 1.66 Acre Lot
  • Landscaped
  • Wooded Lot

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Family Room Downstairs
  • Living Room with Fireplace
  • Utility Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Southern Elementary And Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042-0-0-06.5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,428

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1847.0
  • Levels: One
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Concrete, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1994.0
  • Fireplace Features: Electric, Living Room
  • Fireplace: Yes
  • Total Fireplaces: 1
  • LivingArea: 3841.0
  • Lot Size Area: 1.66
  • Window Features: Blinds, Insulated Windows
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: None
  • Foundation Details: Concrete Perimeter
  • Horse: No
  • List Price: 584900.0
  • Lot Features: Landscaped, Wooded
  • Patio And Porch Features: Deck, Porch, Front Porch
  • Pool Private: No
  • View YN: No
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Front
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Available, Underground Utilities
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southern
  • High School: Southwestern
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 1.66
  • Lot Size Sq Ft: 72309.6
  • Parcel Number: 042-0-0-06.5

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,428 $454,000 $24,000 $430,000
2024 $3,359 $454,000 $24,000 $430,000
2023 $78 $10,000 $10,000 $0
2022 $79 $10,000 $10,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 For Sale $584,900 +28.8% $152 / Sq Ft
06/09/2023 06/09/23 Sold $454,000 0.0% $246 / Sq Ft View Prior Sale
06/09/2023 06/09/23 For Sale $454,000 -- $246 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $454,000 Limestone Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $433,457 Construction
Source: Public Records

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25507452

ImagineMLS (Bluegrass REALTORS®)

APN: 042-0-0-06.5