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
Mccalister Chaney Rd221$135,000891 Sq.Ft.7/14/2015Mccallister Chaney Rd621$143,667949 Sq.Ft.4/22/2022Mcclendon Dr1N/AN/AN/AN/A3/20/2007Mcclendon Rd5N/AN/AN/AN/A4/25/2024Mccurry Rd643$318,0002,062 Sq.Ft.10/22/2021Mcgothlin Rd1N/A2N/AN/A2/16/2010Mcintyre Rd221$88,000800 Sq.Ft.2/4/2021Mckee Cir1032$438,3751,601 Sq.Ft.11/9/2020Mckee Rd2642$213,3892,103 Sq.Ft.4/13/2021Mckenna Dr431$165,6671,170 Sq.Ft.3/7/2016Mckenzie Rd2032$279,8002,243 Sq.Ft.7/29/2024Mckinley St121$151,000936 Sq.Ft.6/26/2015Mckinney Cemetery Rd231$402,0001,152 Sq.Ft.6/12/2020Mckinney Ln1N/AN/AN/AN/A7/14/2005Mclin Rd1231$180,3331,025 Sq.Ft.7/10/2024Mcqueary Rd2632$385,6882,509 Sq.Ft.1/5/2024Mcqueen St1631$118,429926 Sq.Ft.3/12/2024Meadow Creek Dr1N/AN/A$236,000N/A11/7/2014Meadowcrest Dr3232$322,2502,040 Sq.Ft.12/6/2024Meadow Ct333$356,6672,084 Sq.Ft.6/15/2018Meadow Dr2431$251,2943,354 Sq.Ft.6/28/2024Meadowlark Dr542$284,2002,270 Sq.Ft.6/17/2022Meadow Point Dr2232$318,9522,018 Sq.Ft.10/27/2023Meadow Springs Dr1932$1,009,0001,188 Sq.Ft.2/2/2024Meadowsweet Dr2232$327,7062,036 Sq.Ft.5/31/2024Meadow Wind Dr442$368,0002,230 Sq.Ft.4/18/2014Medpark Dr19N/A2N/A9,836 Sq.Ft.9/4/2018Meece Rd3132$200,8001,669 Sq.Ft.4/27/2024Meece St1221$175,750797 Sq.Ft.10/28/2019Megan Ct632$300,5001,524 Sq.Ft.3/8/2019Melanie Ln5432$270,9511,943 Sq.Ft.10/25/2024Melrose Ave1232$293,8893,568 Sq.Ft.11/8/2024Melrose Dr1032$388,1671,756 Sq.Ft.1/31/2024Melvin Whitis Rd131N/A2,119 Sq.Ft.12/21/2007Memorial Gardens Dr131$248,0001,568 Sq.Ft.9/4/2020Mercury Blvd632N/A12,358 Sq.Ft.5/10/2011Merlin Ave343$498,0003,340 Sq.Ft.5/14/2013Merritt Ridge Rd422$166,0001,354 Sq.Ft.N/AMerritt School Rd2331$160,5561,331 Sq.Ft.12/12/2016Michelle Dr331$113,667853 Sq.Ft.N/AMidlane Ave832$235,1251,834 Sq.Ft.8/20/2021Mikey Ln732$134,8571,012 Sq.Ft.3/6/2012Military Rd1232$281,3641,875 Sq.Ft.11/22/2022Miller Mize Rd532$267,4002,303 Sq.Ft.11/18/2004Miller St321$137,667961 Sq.Ft.11/9/2020Mill Ridge Rd442$205,0001,679 Sq.Ft.6/26/2023Mill St821$134,7501,323 Sq.Ft.8/1/2018Mimosa Ave3532$221,8241,548 Sq.Ft.1/27/2025Mimosa St832$210,2501,437 Sq.Ft.4/27/2020Minnow Pond Rd1332$268,6001,471 Sq.Ft.1/31/2023Minton Hollow Rd122$119,0001,140 Sq.Ft.N/AMisty Dr2932$262,1381,737 Sq.Ft.8/2/2024Mitchell Ln1632$180,0005,618 Sq.Ft.1/22/2025Mize Cemetery Rd1032$213,5001,390 Sq.Ft.12/15/2023Mobaby Ln344$289,0002,019 Sq.Ft.N/AMockingbird Ln932$239,7781,831 Sq.Ft.7/16/2021Mohawk Dr442$132,0001,680 Sq.Ft.N/AMonster Storage Blvd1N/AN/AN/AN/A8/24/2020Monterey Dr122$127,0001,120 Sq.Ft.12/29/2009Monticello Rd2253$323,9093,016 Sq.Ft.1/6/2025Monticello St9732$216,3333,403 Sq.Ft.9/16/2024Mooreland Dr1132$103,7781,417 Sq.Ft.8/6/2021Morgan Ln221$245,0004,000 Sq.Ft.N/AMorgan St121$248,0001,272 Sq.Ft.6/9/2022Morning Crossing Dr2943$358,6794,429 Sq.Ft.3/22/2024Morning Mist Ct4N/AN/A$151,500N/A5/5/2022Morning Mist Dr1942$245,0634,071 Sq.Ft.2/28/2025Morning Woods Cove Rd1343$388,3083,008 Sq.Ft.4/3/2023Morning Woods Cv3N/AN/A$177,333N/A5/28/2019Morris Murphy Rd152$192,000780 Sq.Ft.7/10/2020Mounce Rd1431$86,222763 Sq.Ft.11/1/2024Mound St621$138,667663 Sq.Ft.3/14/2016Mountain Air Dr2943$243,7243,170 Sq.Ft.4/13/2021Mountain Top Rd1132$176,3331,569 Sq.Ft.6/20/2023Mountain View Ct532$308,6672,753 Sq.Ft.11/8/2023Mountain View Dr2632$281,3331,972 Sq.Ft.1/22/2025Mount Vernon St17442$235,2533,660 Sq.Ft.11/11/2024Mt Vernon St1221$292,7505,290 Sq.Ft.7/23/2019Muirfield Dr2443$348,7502,340 Sq.Ft.10/21/2024Munsey Ct632$262,0001,584 Sq.Ft.6/29/2012Munsey Ln2432$188,7831,500 Sq.Ft.7/10/2024Murphy Ave4231$149,7241,357 Sq.Ft.4/16/2024Murrell Ave2231$148,8571,417 Sq.Ft.10/31/2024Myrtle Eads Rd232$259,0002,496 Sq.Ft.10/7/2016Nancy Branch Rd1231$171,4001,358 Sq.Ft.12/28/2018Natures Ct432$352,0001,976 Sq.Ft.9/17/2021Natures Pointe Dr2033$390,5002,450 Sq.Ft.8/19/2024Natures Valley Dr2943$456,7143,033 Sq.Ft.6/24/2024Nature Valley Rd121$233,0001,200 Sq.Ft.7/6/2021Neals Dr1032$313,3332,007 Sq.Ft.10/25/2024Neighborly Ct3N/AN/A$184,000N/AN/ANeighborly Way4522$262,9761,596 Sq.Ft.2/18/2025Nesmin Ln1N/A5N/AN/AN/ANewell Rd2332$330,0451,589 Sq.Ft.11/18/2020New Haven Ct1232$101,400905 Sq.Ft.N/ANew Haven Ln1832$302,2312,382 Sq.Ft.9/3/2020New Oak Dr1N/AN/AN/AN/AN/AN Fork Dr2322$183,8331,212 Sq.Ft.11/12/2020N Fork Rd1N/AN/AN/AN/A10/27/2019N Hwy1N/AN/AN/A4,000 Sq.Ft.N/A201 Holmes AveSomerset, KY 42501
Estimated Value $172,000
Living Area 2,538 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-4-43
Subdivision Richards Sub
School District Somerset Independent School District
106 Shady LnSomerset, KY 42501
Estimated Value $268,000
Living Area 2,748 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 075-3-2-41
Subdivision Shady Lane Sub
School District Somerset Independent School District
146 Crawford AveSomerset, KY 42501
Estimated Value $162,000
Living Area 1,193 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-8-14
Subdivision Gibson Add
School District Somerset Independent School District
1191 Rush Branch RdSomerset, KY 42501
Estimated Value $251,000
Living Area 1,579 SqFt
Beds 3
Baths 1.5
Year Built 1955
Property Type Single Family
Ownership Type Related
APN 076-2-2-41
Municipality SOMERSET CITY
School District Somerset Independent 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
108 Broadway StSomerset, KY 42501
Estimated Value $170,000
Living Area 1,120 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-5-7-22
Subdivision Sallee Bros & Co
School District Somerset Independent 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
104 Stewart DrSomerset, KY 42503
Estimated Value $166,000
Living Area 1,150 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 060-9-1-40
Subdivision Jimmy Stewart Prop
School District Pulaski County 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
102 Offutt StSomerset, KY 42501
Estimated Value $204,000
Living Area 1,344 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-9-18
Municipality SOMERSET CITY
School District Somerset Independent School District
205 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 061-2-2-55.1
Subdivision Grandview Sub
School District Somerset Independent School District
103 Harvey AveSomerset, KY 42501
Estimated Value $216,000
Living Area 913 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-5-1-54
Subdivision Fairview Add
School District Somerset Independent School District
129 Cotter AveSomerset, KY 42501
Estimated Value $147,000
Living Area 1,547 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-5-6-43
Subdivision Cotter Ave
School District Somerset Independent School District
406 E Mount Vernon StSomerset, KY 42501
Estimated Value $249,000
Living Area 2,107 SqFt
Beds 4
Baths 3
Year Built 1970
Property Type Single Family
Ownership Type Corporate
APN 061-7-2-32
Municipality SOMERSET CITY
School District Somerset Independent School District
124 Sagasser StSomerset, KY 42501
Estimated Value $185,000
Living Area 1,820 SqFt
Beds 2
Baths 1.5
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 061-7-5-22
Municipality SOMERSET CITY
School District Somerset Independent School District
100 Vermillion AveSomerset, KY 42501
Estimated Value $184,000
Living Area 1,056 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 061-7-9-21
Subdivision James Add
School District Somerset Independent School District