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    11 Lakemere Dr Somerset, KY 42503

    For Sale
    $64,000

    LAND - Somerset, KY

    Lot size:
    0.75 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 11 Lakemere Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050-1-0-11
    Lot size
    0.75 Acres

    Keller Williams Commonwealth - Somerset (859) 721-2121

    Listing agent Matthew Fouch (859) 721-2121

    Listing date Sep 27, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Somerset, Kentucky

    This 0.754-acre lot is located in The Grove at Sunset Shores, a new development in Somerset, Kentucky. The neighborhood offers proximity to local amenities, shopping, healthcare, and schools, as well as regional attractions such as Lake Cumberland, Daniel Boone National Forest, Burnside State Park, and Pulaski County Park. Several local marinas and boat ramps are also nearby. The community features seasonal lake views, underground utilities, public street lighting, and fiber optic internet availability. This listing features lot #11. The Grove has an HOA to help maintain property values and community restrictions. Additional lots are available. Bring your building plans and get started on your dream home!
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.658968
    Latitude
    37.037201

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    FAQs

    What type of property is this?
    Land - 0.754 acre lot in new development near Lake Cumberland.
    Where is this land located?
    The property is located at 11 Lakemere Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $64,000.
    What are key features of this property?
    This property features: - Enjoy proximity to Lake Cumberland, Daniel Boone National Forest, Burnside State Park, and Pulaski County Park.; - Location in The Grove at Sunset Shores, a new development with seasonal lake views.; - Underground utilities and fiber optic internet are available.
    (859) 721-2121
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    11 Lakemere Dr Somerset, KY 42503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Lakemere Dr Somerset, KY 42503
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