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Overview
Featured Listing
Market Samples
Lowest Property Taxes
Agents
Market Comments
Video
Real Estate - Gallery of Homes and information


The real estate market of our region is categorized by good value and extremely low property tax (see below), where taxes on a $250,000 can be below $2,000!  This makes affording a large house with open space a reality.  Our area boasts yards with acreage, lakefront property or
or lake view, and peacefulness.  Imaging living, and/or raising a family here with us on Lake Cumberland!

***Below is a sampling of real estate in our community for the purpose of comparison. For specific questions and information, please contact us for referral to a real estate agent.

Featured Listing:


343 Water Cliff Drive
This is your next home!  Over 4,000 square feet with 6 bedrooms and 4 bathrooms, for just $359,900!  Click Here

Real Estate Samples:

3425 Woodhaven Drive
Elegant grandeur, this 5 bedroom, bath, 6,500 SF  home is one of Somerset's finest. 3/4 acre lot on the golf course, approx 6500 sq feet of finished living space. Large sized rooms, State of the art kitchen, 2 sunrooms, hot tub, playground area, 3 car garage, beautiful landscaping, and much, much more.$699,900

220 Kolson's Landing Dr.
Gorgeous 5 bedroom, 3.5 bath 4,400 SF home is loaded with state of the art appliances, shower with steam, 3 gas fireplaces, hardwood floors, granite countertops, full finished walkout basement - all this and near the lake. $489,900

276 Taylor Circle
Impressive 4/5 bedroom, 4,200 SF home in elegant Colson Cove’s  gated community on Lake Cumberland. Spacious brick home offers an open floor plan with split BR's, full finished walk-out basement, huge bonus room upstairs, beautiful maple flooring & cabinetry. Simply gorgeous! $399,900

210 Oak Valley Dr.
Custom Marshall Todd home. Spacious, quality 2-story home, 3800 sq ft, on 1.5 ac. w/country appeal; hardwood floors, 4 BR / 3.5 BA, ready to finish walkout basement; above-ground pool, large deck, fenced back yard, 2-car attached garage & 2 Car detached garage. Perfect!  $375,900

79 Kolson's Ct.
New construction Wiggington Home, near the lake. 4 BR / 3 BA, 3,100 SF hardwood flooring, gas fireplace in the great room, finished basement. 4-car attached garage, 2 up and 2 down (Perfect to store your extra lake toys!)  Beautiful trim-work, cathedral ceilings, lots of built-ins & extras.   $279,900


250 Errin Dr.

Fantastic family home on wooded 1.3 acres, 4 BR / 2.5 BA, 3,000 SF, Formal living and dining rooms, balcony overlooks GR w/ brick fireplace, office, partial basement incl wood burning stove, in-ground pool w/new vinyl lining & safety cover. New roof & appliances. Great value, must see! $249,900

68 Serenity Ct.
Beautiful custom built 3 BR / 2 BA 2,00 SF home w/formal dining, great floor plan, kitchen has beautiful sassafras cabinetry w/ Corian countertops, nice trimwork throughout, w/fireplace.  Lots of upgrades and all of this only a minute from Lee's Ford Marina. $194,500


800 Hidden Loop Dr.

Adorable brick home, beautiful decor, 3 BR / 2 BA, formal dining room, eat-in Kitchen, split bedroom floor plan, storage/workshop with garage door underneath home. Great lot, privacy in back. Great neighborhood close to golf, shopping, & restaurants. $179,900 — 1,800 SF


100 Lin Don Dr.

Pretty, completely upgraded 3 BR / 2 BA brick home in Winding Ridge on large lot w/fenced back yard.  Cute home has been completely remodeled, including paint, flooring, & fixtures.  Nice interior & extra large back yard w/concrete patio located in great location.  $139,900 — 1,700 SF

Taxes in our County are some of the lowest in the
United States – see our comparison!*

(Tax Rate is $/Thousand of Assessed Value)

City/State

Property Tax

   

Somerset

6.78

Norfolk, VA

13.40

Little Rock

13.80

Indianapolis

21.42

Omaha, NE

21.45

National Average

25.07

Nashville, TN

45.80

Knoxville, TN

55.60

St. Louis, MO

80.00

Cincinnati, OH

88.12

*Source:  May, 2005, Money Magazine, Best Places to Live

Table:  The tax rate to use is 6.78 per $1,000 assessed value.  For a $100,000 House, tax would be $678, and a $250,000 would be just $1,695!!


Special Thanks
to Kathy Sears and Nelson Weaver, local agents at Key Associates Waterfront Realty, for their assistance in showing us Pulaski County and providing this real estate information — great people with attention to detail and a welcoming nature you will appreciate when assisting you!

Market Observation from Nelson, Broker/Co-Owner:

"With the current national real estate market as a whole being down, prices and sales in the Somerset/Lake Cumberland area have remained strong due to the affordable value of homes as compared to other markets, low cost of living, and high quality of life.  Although many buyers have remained on the sidelines waiting to see if interest rates will continue to go lower, our outlook for 2008 remains very optimistic with brisk sales expected and gradual price increases into 2009."

Nelson discusses life here:
(Running time 43 seconds)
 Click Here to Play

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