389 Lakeview Dr Somerset, KY 42503
Estimated payment $5,115/month
Highlights
- Deck
- Vaulted Ceiling
- Whirlpool Bathtub
- Contemporary Architecture
- Wood Flooring
- No HOA
About This Home
A rare opportunity to own a luxury escape that doubles as a proven turnkey investment. Welcome to lakefront luxury that performs. Fully furnished and turnkey, this Lake Cumberland retreat delivers breathtaking views from the moment you walk in. Vaulted tongue-and-groove ceilings, multiple ensuite bedrooms, and expansive indoor/outdoor living make it perfect for entertaining or hosting. The walkout lower level features a second kitchen, game room, and additional sleeping space. Enjoy the hot tub, fire pit, and spacious deck overlooking the lake, all just minutes from the marina, dining, and General Burnside State Park. This property is currently operating as a successful Airbnb.
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Dimensional Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Dining Area
- Attic Access Panel
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- 2 Bedrooms in Basement
Utilities
- Central Air
- Air Source Heat Pump
- Heating System Uses Propane
- Electric Water Heater
- Septic Tank
Additional Features
- Deck
- Level Lot
Community Details
- No Home Owners Association
- Lakeview Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $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
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $860,000 | +14.8% | $180 / 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 | $749,000 | Attorney Only | |
| Deed | $425,000 | -- |
About the Listing Agent
*ALL STATISTICS STARTING JANUARY, 2026*
Founded in January, 2026.
The Gasser Group is a powerhouse real estate team proudly serving Owensboro and the surrounding Western Kentucky area. Built on a foundation of trust, experience, and results.
The team includes father Jason Gasser alongside his two sons, Jackson Gasser and Brice Gasser—bringing together decades of market knowledge with a modern, high-energy approach to real estate.
As a family-run team, The Gasser Group offers
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MLS Number: 94234
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Ask me questions while you tour the home.