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Waterfront Short-Term Rental Property
For Sale
$699,500

157 Lakeshore Dr, Eddyville, KY 42038

Multi-Family, 2 Story, Cabin, Multi-Level, Eddyville, KY

Property SizeContact for details
Days on Market59

Property Features for 157 Lakeshore Dr

General Information

Property type Residential Multi Family
Property subtype Cabin
Rooms Laundry Room
Patio and Porch features Porch, Deck
Interior features Closet Light(s), Ceiling Fan(s), Skylight, Washer/Dryer Hookup, Workshop, Circuit Breakers
Exterior features Circular Drive, Court Yard, Covered Porch, Deck, Exterior Lights, Gravel Drive, Trees
Fireplace 1
Lot features Water View Year Round
Elementary school Lyon County
Middle school Lyon County
High school Lyon County
Directions From Eddyville take 93 South to Hwy 730, turn right follow to Lakeshore Dr. turn left, banner in yard
Subdivision Lyon
Standard status Active

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Flooring type Tile, Carpet, Linoleum
Building materials Frame
Roof type Metal
Architectural style Other
Additional Structures Workshop
Listing Agency: Keller Williams Experience Realty Paducah Branch · Keller Williams Realty
Listed By: Crystal McCoy · License #265680
Added: Jun 30 Changed: Aug 21 Last Checked: Aug 27 at 7:06AM
MLS# 136544

Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story property is configured with three separate living quarters, with bedrooms and bathrooms arranged on each level. The upper level includes a second kitchen setup with a commercial refrigerator, while a hidden pantry and tankless hot water heaters add functional support for guest use. A detached cabin-style area above the garage provides additional space for guests, a retreat, an office, or rental use. Interior features include a workshop, laundry hookups, skylight, tile, carpet, and linoleum flooring, along with forced-air natural gas heat and central air.

Located at 157 Lakeshore Dr in Eddyville, the property overlooks Lake Barkley and includes covered porch and deck areas, a courtyard, circular drive, gravel drive, and trees. A boat ramp is located down the street for boating and fishing access. Public water and natural gas availability serve the property.

Key Highlights

  • Three separate living quarters with bedrooms and bathrooms on each level
  • Lake Barkley waterfront views from 157 Lakeshore Dr, Eddyville, KY
  • Second kitchen setup with commercial refrigerator on the upper level

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 42038, KY

5,691
Population
2,992
Households
1.9
Avg Household Size
47
Median Age
15%
College-Educated
89%
High-School Grad
86.7 sq mi
ZIP Area
66
Density / Sq Mi
$64,254
Median Household Income
$44,639
Median Earnings
$889
Median Rent
$195,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three living quarters, a detached cabin-style space, and lake views support flexible guest or full-time use.
Where is this short term rental property located?
The property is located at 157 Lakeshore Dr Eddyville, KY.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Three separate living quarters with bedrooms and bathrooms on each level; Lake Barkley waterfront views from 157 Lakeshore Dr, Eddyville, KY; Second kitchen setup with commercial refrigerator on the upper level
More about this property
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