389 Lakeview Dr Somerset, KY 42503
Somerset AreaEstimated payment $5,037/month
Highlights
- Lake View
- Deck
- Wood Flooring
- Waterfront
- Vaulted Ceiling
- No HOA
About This Home
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.
Listing Agent
Jordan Adkins
Keller Williams Commonwealth - Somerset License #281523 Listed on: 03/14/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 15,682 Sq Ft Lot
- Waterfront
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Property Views
- Lake
- Woods
- Mountain
- Neighborhood
Home Design
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Propane Fireplace
- Entrance Foyer
- Great Room with Fireplace
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Southern Elementary And Middle School
- Southwestern High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Heating System Powered By Owned Propane
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Lakeview Subdivision
Listing and Financial Details
- Assessor Parcel Number 063-3-0-35
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,424 | $750,000 | $50,000 | $700,000 |
| 2024 | $3,209 | $425,000 | $50,000 | $375,000 |
| 2023 | $3,307 | $425,000 | $50,000 | $375,000 |
| 2022 | $3,353 | $425,000 | $50,000 | $375,000 |
| 2021 | $3,494 | $425,000 | $50,000 | $375,000 |
| 2020 | $1,454 | $215,000 | $215,000 | $0 |
| 2019 | $1,203 | $180,000 | $180,000 | $0 |
| 2018 | $1,198 | $180,000 | $180,000 | $0 |
| 2017 | $1,175 | $180,000 | $180,000 | $0 |
| 2016 | $1,181 | $180,000 | $180,000 | $0 |
| 2015 | $1,154 | $180,000 | $180,000 | $0 |
| 2014 | $1,130 | $180,000 | $180,000 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $835,000 | -2.9% | $139 / Sq Ft | |
| 03/14/2026 03/14/26 | For Sale | $860,000 | +14.8% | $143 / Sq Ft | |
| 02/24/2025 02/24/25 | Sold | $749,000 | 0.0% | $125 / Sq Ft | View Prior Sale |
| 02/24/2025 02/24/25 | For Sale | $749,000 | +76.2% | $125 / Sq Ft | |
| 10/20/2020 10/20/20 | For Sale | $425,000 | 0.0% | $85 / Sq Ft | |
| 10/19/2020 10/19/20 | Sold | $425,000 | -- | $85 / Sq Ft | View Prior Sale |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $425,000 | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26004962
APN: 063-3-0-35
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
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Ask me questions while you tour the home.