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    5 Lakemere Dr Somerset, KY 42503

    Sponsored
    For Sale
    $79,000

    LAND - Somerset, KY

    Lot size:
    1.39 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 9 at 4:06 pm

    Property Features for 5 Lakemere Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    050-1-0-05
    Lot size
    1.39 Acres

    Utilities

    Utilities
    Water Available

    Keller Williams Commonwealth - Somerset (859) 721-2121

    Listing agent Matthew Fouch (859) 721-2121

    Listing date Jan 8, 2026

    MLS# 26000524 Listing URL

    Copyright © 2026 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

    Lake Cumberland Homesite Opportunity

    Located in Somerset, Kentucky, The Grove at Sunset Shores is a neighborhood featuring proximity to local amenities, shopping, healthcare, and schools. Regional attractions such as Lake Cumberland, Daniel Boone National Forest, Burnside State Park, Pulaski County Park and several local marinas and boat ramps are nearby. This community offers seasonal lake views, underground utilities, public street lighting, and fiber optic internet availability. This listing features lot #5, which is 1.39 acres. The Grove has an HOA to help maintain property values and community restrictions. Additional lots are available. The zoning is R-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.653582
    Latitude
    37.040174

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    FAQs

    What type of property is this?
    Residential land & home lot - Homesite in Somerset, Kentucky, near Lake Cumberland and local amenities.
    Where is this residential land & home lot located?
    The property is located at 5 Lakemere Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Located in The Grove at Sunset Shores, a premiere Lake Cumberland neighborhood.; - Proximity to Lake Cumberland, Daniel Boone National Forest, Burnside State Park and other regional attractions.; - Close to local amenities, shopping, healthcare, and schools in Somerset, Kentucky.
    (859) 721-2121
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    5 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
    5 Lakemere Dr Somerset, KY 42503
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