389 Lakeview Dr Somerset, KY 42503
Estimated payment $5,220/month
Total Views
12,871
6
Beds
5.5
Baths
6,016
Sq Ft
$149
Price per Sq Ft
Highlights
- Very Popular Property
- Spa
- Waterfront
- Property is near a marina
- Lake View
- Deck
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,145
Year Built
- Built in 1970
Lot Details
- 0.36 Acre Lot
- Waterfront
Property Views
- Lake
- Woods
- Mountain
- Neighborhood
Home Design
- Dimensional Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Propane Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Family Room
- Dining Room
- Home Office
- Utility Room
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Attached Garage
- Basement Garage
- Front Facing Garage
- Side Facing Garage
- Driveway
Outdoor Features
- Spa
- Property is near a marina
- Deck
- Patio
- Porch
Schools
- Southern Elementary And Middle School
- Not Applicable Middle School
- Southwestern High School
Utilities
- Cooling Available
- Heat Pump System
- 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
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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 |
|---|---|---|---|---|
| 2024 | $3,145 | $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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $895,900 | +19.6% | $149 / Sq Ft |
| 02/24/2025 02/24/25 | Sold | $749,000 | 0.0% | $125 / Sq Ft |
| 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 |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $425,000 | -- |
Source: Public Records
Similar Homes in Somerset, KY
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25012027
APN: 063-3-0-35
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