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Mobile Home Park Near Lake
New
For Sale
$429,900

696 Lakeview Drive, Somerset, KY 42503

Business Opportunity, Somerset, KY

Property SizeContact for details
Lot Size1.00 Acre
Days on Market6

Property Features for 696 Lakeview Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions South Hwy 27, Turn onto Lakeview Dr Behind Cumberland Grill and property is on the left
Subdivision 902 - Southwest Pulaski County
Standard status Active
APN 063-3-0-56
Lot size 1.00 Acre

Additional Details

Mobile Home Lots 7
Listing Agency: Keller Williams Bluegrass Realty - Lake Cumberland
Listed By: Millie King Weaver · License #208856
Added: Oct 27 Changed: Oct 29 Last Checked: Nov 1 at 1:06AM
MLS# 26029965

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.

Rey
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Investment Insights

Based on property information with market context.

This 1-acre mobile home property includes six homes and one additional mobile home lot. The homes include 3-bedroom/2-bathroom and 1-bedroom/1-bathroom layouts, along with multiple 2-bedroom/1-bathroom homes. One of the mobile homes is intended to be moved, leaving that space suited to lot rental. The property is located across from Lake Cumberland, within walking distance of a boat ramp and a short drive from Burnside Marina.

Key Highlights

  • Six mobile homes plus one additional mobile home lot
  • One mobile home is to be moved; its space can be rented as a lot
  • Home configurations include 3BR/2BA, 1BR/1BA, and multiple 2BR/1BA units

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 42503, KY

24,670
Population
11,588
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
85%
High-School Grad
129.5 sq mi
ZIP Area
191
Density / Sq Mi
$53,377
Median Household Income
$35,319
Median Earnings
$873
Median Rent
$198,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Six mobile homes and an additional homesite support a mix of rental configurations.
Where is this mobile home & rv park located?
The property is located at 696 Lakeview Drive Somerset, KY.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Six mobile homes plus one additional mobile home lot; One mobile home is to be moved; its space can be rented as a lot; Home configurations include 3BR/2BA, 1BR/1BA, and multiple 2BR/1BA units
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