$439,500
$36K PRICE DROP

775 Penn Run Rd Bee Spring, KY 42207

Estimated payment $2,523/month

Total Views 8,620
3 Beds
2 Baths
1,742 Sq Ft
$252 Price per Sq Ft

Highlights

  • Boat Slip
  • 1 Fireplace
  • Balcony
  • Deck
  • Double Oven
  • Laundry Room

About This Home

Welcome to Lake Life! This beautiful cabin located in the highly sought after, gated and secluded Paradise Peninsula, on Nolin Lake in Bee Spring, is a rare find. A beautiful lakefront property with approximately 160 ft of frontage. The cabin faces east so your sunrise is both relaxing and spectacular. Picture yourself enjoying a cup of coffee on the deck as the sun peaks up over the water; a great way to start your day! This lake escape includes stainless steel Whirlpool appliances throughout the kitchen (Refrigerator-freezer, newer Dishwasher, dual oven range and five burner stove, new built in microwave oven). There are two bedrooms and one bath upstairs, a large living room with an inviting wood burning fireplace, and a dining area. Downstairs you'll find the second bathroom along with an additional den, game room and multi purpose/bunk room. In the utility-laundry room you'll find a second full-sized refrigerator-freezer, the washer and dryer and a Manitowoc 80 pound capacity commercial ice machine. All these items are included with the home.
There are two large covered decks, with views of the lake and the surrounding nature. The lower deck is prewired with 220V for a hot tub.. There is also a large deck on the Southeastern side, offering additional room for gathering, sunbathing or star gazing. Down by the water, there is your recently upgraded ($10,000.00) galvanized framed dock with cool decking, (negotiable Hydra-Hoist Boat Lift). The dock is accessible by a walking path as well as adjoining cart path just a few feet away. Easy dock access with no cumbersome rocks or other obstacles to get in your way as you head out onto the water for the day.

Listing Agent

Ryan Davis

Homepage Realty License #270813 Listed on: 05/21/2025

Homepage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 160x266

Parking

  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Paradise Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 38 & 39 / 4
  • Assessor Parcel Number 045-40-00-038.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Lot Dimensions: 160X266
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: PARADISE PENINSULA
  • Above Grade Finished Sq Ft: 1742.0
  • Architectural Style: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Cooling Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Fireplaces Level 2: 1
  • Bedroom Level: First
  • Dining Area Level: Second
  • Family Room Level: First
  • Great Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: First
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: None
  • Roof: Metal
  • Acres: 0.98
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Other
  • Exterior Features: Balcony, Boat Slip
  • Foundation Details: Concrete Blk
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 42560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 045-40-00-038.00

Building Info

  • Year Built: 1988

Tax Info

  • Tax Block: 4
  • Tax Lot: 38 & 39

Map

Range of Values:

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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
2024 $2,166 $234,000 $0 $0
2023 $2,120 $234,000 $0 $0
2022 $1,726 $184,000 $0 $0
2021 $1,736 $184,000 $0 $0
2020 $1,741 $184,000 $0 $0
2019 $1,737 $184,000 $0 $0
2018 $1,704 $184,000 $0 $0
2017 $1,671 $184,000 $0 $0
2016 $1,640 $184,000 $0 $0
2015 -- $184,000 $75,000 $109,000
2013 -- $169,000 $60,000 $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 Price Changed $439,500 -2.2% $252 / Sq Ft
07/19/2025 07/19/25 Price Changed $449,500 -5.4% $258 / Sq Ft
04/30/2025 04/30/25 For Sale $475,000 -- $273 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Closed $138,600 New Conventional
Source: Public Records

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1685620

Metro Search (Greater Louisville Association of REALTORS®)

APN: 26116