One of the biggest reasons Somerset is so appealing to investors is because it is strategically located nearby Lake Cumberland. A popular destination for tourism, boating, and outdoor recreation, Lake Cumberland and the surrounding area enjoys a strong demand for vacation rentals, lakefront properties, and vacation homes. This makes it ideal for short-term rental investments.
Home to major employers like Somerset Community College, the Lake Cumberland Regional Hospital, and the manufacturing company, Somerset Hardwood Flooring, the hospital and healthcare sector are significant drivers of employment here, providing stable, high-paying jobs that attract area professionals.
Somerset's many attractions, everything from its natural beauty to its cultural sites, contribute to its growth as a real estate market. Thousands of visitors flock to Lake Cumberland annually, and real estate near the lake or in proximity to the marinas has become particularly desirable. The Somerset Pulaski County Master Musicians Festival and other local events provide entertainment for residents and visitors, driving tourism and creating demand for rental properties. The town also features shopping, dining, and arts venues, which have made it an increasingly vibrant place to live, work, and invest.
Popular Streets in Somerset, Kentucky
Highway 100318031$166,4211,524 Sq.Ft.12/20/2024Highway 124722031$203,9952,074 Sq.Ft.4/11/2025Highway 167518432$191,5561,506 Sq.Ft.3/21/2025Highway 19236531$191,4251,566 Sq.Ft.2/24/2025Highway 2735732$179,0638,618 Sq.Ft.3/7/2025Highway 3937332$280,0582,290 Sq.Ft.12/6/2024Highway 8036532$222,1233,204 Sq.Ft.2/3/2025Mount Vernon St17442$235,2533,660 Sq.Ft.11/11/2024Ringgold Rd21731$184,1671,587 Sq.Ft.1/22/2025Rush Branch Rd20231$230,6751,490 Sq.Ft.1/6/2025All Streets in Somerset, Kentucky
Diamond Rd932$179,7781,624 Sq.Ft.12/9/2020Disisda Way12N/AN/AN/AN/A3/18/2021D Lookout St178$366,0002,001 Sq.Ft.11/21/2014Doc Newell Rd342$380,0002,142 Sq.Ft.9/25/2024Dogwood Ct443$440,0002,936 Sq.Ft.9/28/2018Dogwood Dr2421$179,0001,178 Sq.Ft.11/27/2023Dogwood Ln1232$237,5831,828 Sq.Ft.8/2/2024Dogwood Trl2022$167,7001,087 Sq.Ft.4/25/2024Don Thompson Rd632$196,6001,059 Sq.Ft.8/20/2024Don Thompson Spur422$214,6671,896 Sq.Ft.2/24/2015Doolin School Rd3332$142,4444,401 Sq.Ft.8/23/2024Double Tee Ct743$281,7142,510 Sq.Ft.10/27/2023Dove Dr10N/A1$131,000N/A4/26/2022Driftwood Cir743$204,8331,528 Sq.Ft.N/ADriftwood Dr1343$401,0832,444 Sq.Ft.2/16/2024Dripping Springs Church R1N/AN/AN/AN/A3/20/2009Dripping Springs Church Rd421$381,3331,216 Sq.Ft.2/21/2001Dripping Springs Rd3N/AN/A$210,000N/A5/26/2006Drum Rd1632$155,5001,163 Sq.Ft.12/30/2020Drury Ln432$191,6671,493 Sq.Ft.6/17/2022Dry Branch Ct522$201,5001,084 Sq.Ft.5/2/2023Dry Branch Rd6232$211,5561,313 Sq.Ft.10/7/2024Dunaway St1N/A1$185,000N/A11/26/2013Duncan St1621$175,7501,237 Sq.Ft.6/28/2024Dyer Cemetery Rd342$278,0001,904 Sq.Ft.3/28/2014Eagle Creek Dr1N/AN/AN/A20,320 Sq.Ft.7/10/2024Earl Neeley Rd1332$317,7502,196 Sq.Ft.4/27/2020Early Ave731$149,0001,268 Sq.Ft.10/12/2020Earnhart Blvd232$239,000N/A4/21/2016Eaton St721$148,143862 Sq.Ft.9/15/2014Eckstein St1231$157,3331,206 Sq.Ft.12/8/2020Ed Anderson Rd132$175,0001,440 Sq.Ft.N/AEdge Hill Ln631$184,2001,371 Sq.Ft.3/10/2023Edgelawn Ave732$295,7501,913 Sq.Ft.11/10/2020Edgewater Dr1054$631,2505,731 Sq.Ft.7/13/2020Edgewater Point Rd1121$209,000923 Sq.Ft.5/5/2015Edgewater View Dr522$418,500722 Sq.Ft.12/14/2021Edgewood Dr1532$319,3002,977 Sq.Ft.8/31/2022Edgewood Ln133$317,0003,767 Sq.Ft.8/31/2022Edwards Rd1531$248,1821,244 Sq.Ft.3/20/2024Edwards St331$162,33315,801 Sq.Ft.9/2/2020Een St122$274,0003,060 Sq.Ft.5/11/2020E Hills Dr4N/AN/AN/AN/A9/2/2015Ehringer Rd531$155,6001,212 Sq.Ft.6/12/2023Elaines Ct342$321,5001,644 Sq.Ft.8/2/2018Electric Ave3N/AN/AN/AN/A10/3/2013Elem Ave1N/AN/AN/AN/AN/AElihu Cabin Hollow Rd10531$242,3391,364 Sq.Ft.2/28/2025Elihu Cir522$154,0003,417 Sq.Ft.5/30/2013Elihu Dr331$130,0001,360 Sq.Ft.5/3/2017Elihu Rush Branch Rd2132$217,6151,283 Sq.Ft.12/15/2021Elisa St1N/AN/AN/AN/AN/AElizabeth Ct932$255,8001,672 Sq.Ft.8/9/2024Elk View Rd532$135,2001,366 Sq.Ft.1/25/2008Elliott Dr1431$166,9291,195 Sq.Ft.9/7/2021Elm St831$190,6671,409 Sq.Ft.6/3/2022Elrod Ave1131$158,8001,074 Sq.Ft.5/25/2017Elrod Denny Rd742$145,8001,650 Sq.Ft.3/17/2018Elrod Martin Rd721$131,6671,030 Sq.Ft.5/27/2011Elrod Rd5432$224,2681,681 Sq.Ft.2/26/2025Emerald Ct742$185,2861,650 Sq.Ft.3/31/2020Empire Dr632N/A4,498 Sq.Ft.11/2/2022Enchanted Ct1132$326,3641,843 Sq.Ft.11/1/2023Enchanted Dr6032$328,1452,291 Sq.Ft.11/13/2024Enchanted Ln134$573,0007,074 Sq.Ft.N/AEnchanted Pl643$371,0003,125 Sq.Ft.10/29/2015Enclave Dr944$602,5564,603 Sq.Ft.7/23/2024Enterprise Dr36N/AN/AN/A4,653 Sq.Ft.12/7/2023Epperson Rd1041$269,6002,094 Sq.Ft.7/1/2024E Ridge Ln1N/AN/AN/AN/AN/AErnest Ln1N/AN/A$557,000N/A5/18/2017Errin Dr1743$485,5713,546 Sq.Ft.3/4/2024Ertis Dr432$112,000850 Sq.Ft.12/31/2021Esplanade Dr1543$510,0672,680 Sq.Ft.9/25/2023E Summit Dr2N/AN/AN/AN/A3/1/2019Eury Ln5N/AN/A$304,00010,837 Sq.Ft.6/20/2023Evening Shade Dr1042$303,7002,100 Sq.Ft.8/27/2024Everett Mize Rd1032$348,4291,291 Sq.Ft.5/10/2022Everett Poynter Rd131$398,0003,540 Sq.Ft.N/AEvergreen Ct842$263,5711,588 Sq.Ft.10/6/2022Evergreen Dr3343$430,3043,153 Sq.Ft.2/29/2024Evergreen Ln6N/AN/AN/AN/A3/23/2021Fairfield Dr3N/AN/AN/A4,040 Sq.Ft.1/4/2019Fairlawn Ave843$301,5713,021 Sq.Ft.7/20/2023Fairway Ct1631$196,4171,404 Sq.Ft.1/20/2025Fairway Dr1232$305,2502,153 Sq.Ft.10/3/2023Fairway Ln3422$304,3241,736 Sq.Ft.10/7/2024Faith Ct1N/AN/AN/AN/A6/11/2018Falcon Dr832$194,0001,516 Sq.Ft.11/15/2019Falcon Trl543$407,5002,937 Sq.Ft.12/20/2019Falcon View Trl1764$223,0002,151 Sq.Ft.10/18/2024Falls Creek Way2432$206,5001,957 Sq.Ft.2/12/2025Falls Dr3032$85,3451,568 Sq.Ft.4/1/2019Family Circle Dr543$412,7502,361 Sq.Ft.1/10/2018Family Dr332$257,0002,068 Sq.Ft.3/28/2002Family Fun Dr5N/A1N/A1,380 Sq.Ft.9/16/2020Farm Bureau Dr1N/AN/AN/A5,366 Sq.Ft.6/10/2004Farmer Rd1832$232,3572,326 Sq.Ft.11/5/2020Farmer St931$161,6671,297 Sq.Ft.6/13/2018Farmer Woodall7N/AN/A$128,000N/A8/27/2024206 Grande AveSomerset, KY 42501
Estimated Value $234,000
Living Area 1,763 SqFt
Beds 4
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-4-37
Subdivision Richards
School District Somerset Independent School District
302 Clements AveSomerset, KY 42501
Estimated Value $254,000
Living Area 1,410 SqFt
Beds 3
Baths 1.5
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-4-58
Subdivision Clements Ave
School District Somerset Independent School District
407 Race StSomerset, KY 42501
Estimated Value $163,000
Living Area 1,260 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 061-5-8-15
Municipality SOMERSET CITY
School District Somerset Independent School District
614 Newton StFerguson, KY 42533
Estimated Value $175,000
Living Area 1,032 SqFt
Beds 3
Baths 1.5
Year Built 1970
Property Type Residential General
Ownership Type Individual
APN 061-9-2-76
Subdivision Logan Hines Sub
School District Pulaski County School District
211 Waddle StFerguson, KY 42533
Estimated Value $158,000
Living Area 1,309 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-9-1-91
Subdivision Waddle
School District Pulaski County School District
211 Sycamore StSomerset, KY 42501
Estimated Value $111,000
Living Area 1,600 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 060-9-4-46
Municipality SOMERSET CITY
School District Somerset Independent School District
715 E Mount Vernon StSomerset, KY 42501
Estimated Value $142,000
Living Area 1,262 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-6-64
Subdivision Blane Martin Project
School District Somerset Independent School District
155 Woodland DrSomerset, KY 42501
Estimated Value $335,000
Living Area 3,270 SqFt
Beds 4
Baths 2.5
Year Built 1970
Property Type Residential General
Ownership Type Corporate
APN 060-9-3-26
Subdivision Oaklawn Sub
School District Somerset Independent School District
401 N Reddish StFerguson, KY 42533
Estimated Value $372,000
Living Area 2,879 SqFt
Beds 3
Baths 2
Year Built 2007
Property Type Single Family
Ownership Type Related
APN 061-9-1-51.3
Subdivision Buena Vista Add
School District Pulaski County School District
502 Nichols StSomerset, KY 42501
Estimated Value $171,000
Living Area 1,402 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Multiple
APN 061-4-4-04
Subdivision Nichols Add
School District Somerset Independent School District
207 Jill DrSomerset, KY 42503
Estimated Value $176,000
Living Area 3,000 SqFt
Beds 2
Baths 2
Year Built 1970
Property Type Duplex 2 Units
Ownership Type Corporate
APN 061-2-2-55
Subdivision Grandview Sub
School District Somerset Independent School District
507 Jacksboro StFerguson, KY 42533
Estimated Value $148,000
Living Area 1,492 SqFt
Beds 3
Baths 1
Year Built 2009
Property Type Single Family
Ownership Type Related
APN 061-9-2-08
Subdivision Jacksboro St
School District Pulaski County School District
58 Esplanade DrSomerset, KY 42503
Estimated Value $518,000
Living Area 3,401 SqFt
Beds 4
Baths 4
Year Built 2021
Property Type Single Family
Ownership Type Individual
APN 061-3-1-03
Subdivision Oak Hill
School District Pulaski County School District
109 Shady LnSomerset, KY 42501
Estimated Value $304,000
Living Area 1,560 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Corporate
APN 075-3-2-32
Subdivision Shady Lane Sub
School District Somerset Independent School District
701 Jacksboro StFerguson, KY 42533
Estimated Value $254,000
Living Area 2,600 SqFt
Beds 4
Baths 3
Year Built 1970
Property Type Triplex 3 Units
Ownership Type Corporate
APN 061-9-4-06
Subdivision Jacksboro St
School District Pulaski County School District
406 Clements AveSomerset, KY 42501
Estimated Value $314,000
Living Area 1,386 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-6-10
Subdivision Clements Ave
School District Somerset Independent School District