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    Lakemere Dr, Unit 8 Somerset, KY 42503

    For Sale
    $149,900

    LAND - Somerset, KY

    Lot size:
    1.34 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for Lakemere Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050-1-0-08
    Lot size
    1.34 Acres

    Lake Cumberland Real Estate Professionals (606) 677-0059

    Listing agent The Millie Weaver Team - Millie Weaver (606) 485-1865

    Listing date Oct 22, 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 Lot in Somerset, KY

    This 1.34-acre lot is located in the newly developed 'The Grove' lake subdivision in Somerset, KY. The property offers a location convenient to schools, shopping, and a boat ramp. The lot is suitable for building a home and offers a seasonal lake view.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.594201
    Latitude
    37.075919

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.34 acre lot in 'The Grove' lake subdivision.
    Where is this residential land & home lot located?
    The property is located at Lakemere Dr, Unit 8 Somerset, KY.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - 1.34 acre lot in the newly developed 'The Grove' lake subdivision.; - Enjoy a seasonal lakeview from your property.; - Convenient location to schools, making morning commutes a breeze.
    (606) 485-1865
    Request Owner's contact information
    Lakemere Dr, Unit 8 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
    Lakemere Dr, Unit 8 Somerset, KY 42503
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