12 days on rocket

175 Lake Ridge Rd, Somerset, KY, 42503

$949,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
House
Schools Nearby

Location

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175 Lake Ridge Rd, Somerset$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2021
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceElectric
MLS #24009392
Lot Size1.00 Acres
StatusActive

About 175 Lake Ridge Rd

Step into Luxury with this amazing Lakehouse overlooking beautiful Lake Cumberland just minutes to multiple marinas!! This home features an incredible Master Bedroom Suite, 2 Multi Generational Bedroom Suites, 2 additional bedrooms, 4.5 Luxurious bathrooms, and an expansive 5,762 Sq-ft open floor plan with vaulted and wood beamed ceilings! Every inch of this home is well kept and like new. Featuring 3 Garages with a Boat/Utility Garage! Step away from any distractions in your spacious and private Home Office. Marvel at the views of the calming waters that will greet you every morning from your enclosed patio and two story entertainment area. This home is equipped with a Generac backup electrical generator system. This very high-end home epitomizes luxury living with amazing lake views that are sure to impress. Contact us to schedule a private showing and experience this one of a kind property yourself!

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Stories: 3

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty - Lake Cumberland
  • Office Phone: (606) 677-0059

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Dining Area, Security System Owned, Walk-In Closet(s)
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Turn right off of HWY 914 onto Slate Branch Road. Take a left onto Lake Field Rd and then stay left onto Lake Ridge Road. The home is straight ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900

Tax Information:

  • Annual Amount: $5,138
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerset, KY.

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Somerset, KY

City

Med. Sold Price

$244.9K

Avg. Days On Market

57

# of Sold Homes

41

175 Lake Ridge Rd vs Somerset

12 DAYS ON ROCKET

-45 Days

$949,900

+$704.9K More

KEY TAKEAWAY

This property is $704.9K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009392

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty - Lake Cumberland
  • Office Phone: (606) 677-0059

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 7:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,138$625,000

History based on county public records data.

Payment Calculator

$4,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,914

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-763489
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.29 miles

  • Public District Grades KG-5

school-card-donut-763490
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 3.46 miles

  • Public District Grades KG-5

school-card-donut-763491
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 3.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,077. The majority of Somerset, KY residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 175 Lake Ridge Rd

What is the listing price of this property?

The listing price of 175 Lake Ridge Rd property is $949,900.

What type of property is this?

The property 175 Lake Ridge Rd is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 175 Lake Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,138 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 175 Lake Ridge Rd has 5 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 175 Lake Ridge Rd is 2021.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›175 Lake Ridge Rd

This home is located at 175 Lake Ridge Rd in Somerset, KY and zip code 42503. This home, which was built in 2021, sits on a 1.00 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $949,900.

Somerset, KY housing market in April 2024 saw over 1 listings sold above listed price, more than 6 sold at listed price and over 34 sold below. The number of listings in Somerset, KY increased by 6.2% between March 2024 and April 2024. In April 2024 median list price was $244,983 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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