$466,500
Price cut: $30K27 Waterworks Drive, Somerset, KY 42503
- 5
- beds
- 4
- baths
- 3,510
- sqft
- Single Family Residence
- Property type
- 1970
- Year built
- 0.35 acres
- Lot size
- $133
- Price / sq ft
- $0/mo
- HOA
Listing Description
- Eat-in Kitchen
- In-Law Floorplan
- Primary First Floor
- Walk-In Closet(s)
Motivated Seller! Year Round Lake View! Can be 2 Separate Units to provide rental income! Don't let the discreet street appeal fool you—stepping inside reveals a spectacular, wide-open Lake Cumberland paradise with breathtaking, year-round panoramic water views from nearly every room. Everyone who visits falls in love with this property. Words truly cannot capture the incredible scale and unique magic of this home—we invite you in to experience it for yourself and see what all the excitement is about. Welcome to 27 Waterworks Drive, a sprawling masterwork of waterfront living designed to frame the lake like a living painting. This expansive home lives and feels like a luxury single-family estate, offering an unmatched combination of private lakeside serenity and incredible floor-plan flexibility. Step through the front door and your eyes are immediately drawn across the open-concept great room to the massive wall of glass showcasing the sparkling waters of Lake Cumberland. Crafted for seamless indoor-outdoor living, the home features sun-drenched spaces at every turn. Choose to relax and enjoy the lake action from the comfort of the air-conditioned primary suite and four-season sunroom, either of the two three-season rooms, or any of the sprawling outdoor decks. Built with two entirely independent, side-by-side living quarters connected under one roof. Featuring an substantial single-level unit on one side and a spacious two-story unit on the other, this fully furnished and completely turn-key property offers incredible versatility: • The Luxury Lakeside Retreat: Keep the entire sprawling footprint to yourself as a massive 5-bedroom, 4-bathroom family compound with double the entertaining space. • The Multi-Generational Setup: Perfect for anyone needing a single step entry, parents, adult children, or frequent weekend guests will enjoy total privacy, their own kitchen, and pristine lake views right next door. • The Ultimate Mortgage Helper: Live on one stunning lakeside wing and let vacation rentals on the other side effortlessly fund your lake-life dream. • The Premium Airbnb Machine: Rent the units independently or together as a 'Mega-Cabin' to maximize high-yield vacation rental revenue. Just minutes from Somerset's shopping, dining, and premier boat ramps. Schedule your private walkthrough today—you have to see this to believe it! (At an additional cost: There is a detached garage 32x 32 (Amish Built) has both commercial and residential zoning, offering incredible flexibility for a home-based business, workshop, boat storage, guest quarters, or future apartment. There is an extra parking pad and added gravel parking area beside the detached metal garage.)
Listed by RE/MAX LakeTime Realty · barry@laketimeky.com
MLS #26015152 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Single Family Residence
- Year built
- Built in 1970
- Lot size
- 0.35-acre lot
- Garage spaces
- 3-car garage
- Price / sq ft
- $133 / sq ft
- HOA
- $0/mo HOA
Interior
- 5 bedrooms
- 4 bathrooms
- One
- Fireplaces: 1
- Carpet, Hardwood, Vinyl
Property
- Single Family Residence
- 3,510 sq ft
- 0.35-acre lot
- 3-car garage
- Landscaped, Few Trees
Construction
- Built in 1970
- Dimensional Style
- Heating: Heat Pump
- Cooling: Ceiling Fan(s), Heat Pump
Show all home details
Interior
- Interior features
- Eat-in Kitchen, In-Law Floorplan, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
- Flooring
- Carpet, Hardwood, Vinyl
- Basement
- Concrete, Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access, Walk-Up Access
- Levels
- One
Exterior & parking
- Roof
- Dimensional Style
- Lot features
- Landscaped, Few Trees
- Parking features
- Attached Garage, Detached Garage, Driveway, Other, Garage Faces Front, Heated
- Architectural style
- Ranch
Utilities & comfort
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Heat Pump
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Attached Garage, Detached Garage, Driveway, Other, Garage Faces Front, Heated
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 27, 2026 | Listed for sale | $496,500 |
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Property Documents
See what the sellers have done to the property and what known issues they disclose.
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$2,973/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,421
- Taxes
- $416
- Other costs
- $136
- $466,500
- Home price
- 20% · $93,300
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,421
- Estimated property taxes
- $416
- Home insurance
- $136
- HOA
- $0
- Utilities
- Not included
Estimate only. Utilities not included.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,421
- Estimated property taxes
- $416
- Home insurance
- $136
- HOA
- $0
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Southern
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Southern
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Southwestern
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty