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
Nicely Branch Rd421N/A720 Sq.Ft.3/29/2013Nicholas Ct253$637,0003,961 Sq.Ft.8/5/2020Nichols St731$185,2861,366 Sq.Ft.10/21/2024Nightingale Cir243$445,0002,462 Sq.Ft.9/29/2023Noble St321$130,000750 Sq.Ft.12/11/2019Noe Ln2841$397,2221,458 Sq.Ft.9/22/2023Nolan Ln131$215,0006,000 Sq.Ft.N/ANomans Ln2832$211,3042,639 Sq.Ft.6/27/2022Norfleet Dr1431$176,5455,988 Sq.Ft.11/17/2023Normandy Ct632$80,8001,069 Sq.Ft.11/10/2023Normandy Ln2532$80,1671,133 Sq.Ft.12/16/2024Northridge Dr1432$231,9091,938 Sq.Ft.8/31/2023Northwood Dr932$219,5001,537 Sq.Ft.3/16/2006Norwood Rd5932$241,7611,670 Sq.Ft.1/10/2025Nubbin Ridge Rd1632$394,3752,817 Sq.Ft.8/23/2024Oak Ave1431$210,3331,623 Sq.Ft.6/5/2023Oakdale Ct432$223,0001,384 Sq.Ft.12/18/2020Oakdale Dr1932$221,2631,339 Sq.Ft.5/21/2024Oak Dr21N/AN/A$202,000N/A8/30/2024Oak Grove Ln532$165,4001,205 Sq.Ft.2/12/2024Oak Hill Rd14732$287,7452,594 Sq.Ft.1/15/2025Oak Leaf Ln2333$371,9173,482 Sq.Ft.12/29/2023Oak Meadow Dr1032$286,3331,772 Sq.Ft.5/27/2020Oakridge Dr1243$305,6672,958 Sq.Ft.8/25/2023Oak St2932$217,8461,789 Sq.Ft.3/19/2025Oak Valley Rd1143$383,4002,213 Sq.Ft.1/6/2023Oakview Dr2832$288,4621,788 Sq.Ft.4/3/2025Observation Point Dr1N/AN/A$94,000N/A2/19/2024Observation Pointe Dr2432$312,6251,736 Sq.Ft.9/18/2023Ocala Rd6132$232,8461,488 Sq.Ft.7/26/2024Od Dr121$128,000864 Sq.Ft.N/AOdell Ln232$240,5001,856 Sq.Ft.3/27/2014Ofc Bogle Park Dr6N/AN/AN/AN/AN/AOffice Park Dr11N/A1N/A4,755 Sq.Ft.10/14/2021Offutt St232$188,5001,253 Sq.Ft.4/20/2021Ogden Ct931$162,5561,398 Sq.Ft.5/10/2024Ogden St3832$203,9383,132 Sq.Ft.8/29/2022Ohio St3832$211,5002,099 Sq.Ft.12/6/2024Old Alcalde Rd931$205,2866,566 Sq.Ft.5/10/2024Old Bent Rd332$254,6673,084 Sq.Ft.N/AOld Cabin Hollow Rd832$347,6673,679 Sq.Ft.12/18/2020Old Clifty Rd432$205,2502,338 Sq.Ft.9/16/2011Old Jugornot Rd4231$178,3131,451 Sq.Ft.11/7/2018Old London Rd1531$162,0001,462 Sq.Ft.11/18/2019Old Monticello Rd3732$292,0003,308 Sq.Ft.4/14/2023Old Monticello St1031$156,7501,611 Sq.Ft.8/30/2024Old Mount Vernon Rd3132$220,1432,550 Sq.Ft.5/9/2024Old Mt Vernon Rd1451$124,3331,279 Sq.Ft.2/8/2018Old Patterson Branch Rd1432$295,8571,739 Sq.Ft.8/5/2024Old Ping Rd2632$259,4001,641 Sq.Ft.7/19/2022Old Pumphouse Rd331$145,0001,220 Sq.Ft.4/30/2018Old Rush Branch Rd631$187,6001,081 Sq.Ft.4/28/2023Old Salts Rd9732$214,8721,609 Sq.Ft.2/3/2021Old Springs Ln144$1,182,0005,000 Sq.Ft.5/13/2015Old Whitney Rd1121$223,5001,443 Sq.Ft.2/18/2021Ol Stable Dr1432$229,6001,467 Sq.Ft.7/27/2023Omega Hills Dr432$306,2501,373 Sq.Ft.5/24/2018Omega Lakeshore Dr1031$219,6001,300 Sq.Ft.3/28/2024Omega Park Rd10932$249,6131,585 Sq.Ft.5/13/2024Onan Rd742$174,6672,016 Sq.Ft.1/17/2018One Rock Rd1N/AN/AN/AN/A6/21/2021Oscar Carter Rd451$288,3331,885 Sq.Ft.9/14/2004Otto Barge Forestry Rd1N/AN/AN/AN/AN/AOuter Bank Dr544$266,2002,345 Sq.Ft.N/AOverlook Dr633$395,1672,280 Sq.Ft.10/20/2016Overview Ct532$350,8002,131 Sq.Ft.3/25/2025Overview Dr4243$444,0293,043 Sq.Ft.7/2/2024Owens Ferry Rd1332$237,7691,493 Sq.Ft.7/7/2021Owens Ln861$200,5001,046 Sq.Ft.10/18/2007Oxford Ct832$74,750945 Sq.Ft.10/27/2016Oxford Way3N/AN/AN/A5,434 Sq.Ft.10/11/2012Oxmoor Ct1132$79,0001,172 Sq.Ft.11/14/2024Oxmoor Ln1932$86,2501,247 Sq.Ft.2/21/2025Pace Rd531$212,5001,048 Sq.Ft.N/APalm Cir1832$368,2142,389 Sq.Ft.3/6/2025Paradise Lake Dr11021$100,211760 Sq.Ft.9/30/2022Paradise Rd14421$105,306730 Sq.Ft.8/16/2024Park Ave3042$248,9601,811 Sq.Ft.11/20/2024Parkers Mill Rd6433$249,8712,909 Sq.Ft.10/5/2023Parkers Mill Way8N/AN/AN/AN/A6/28/2023Parkey Ridge Rd1531$148,6671,235 Sq.Ft.11/28/2018Parkland Dr2043$242,6472,361 Sq.Ft.7/20/2021Park Street Dr1N/AN/AN/AN/AN/APark Valley Ct432$253,2502,100 Sq.Ft.N/AParkview Ct342$162,5001,587 Sq.Ft.10/13/2004Parkway Ct832$106,4291,046 Sq.Ft.10/15/2021Parkway Dr2N/AN/AN/A6,020 Sq.Ft.10/21/2003Parrot Dr8221$118,917600 Sq.Ft.8/23/2024Parrott Dr1721$95,267777 Sq.Ft.6/13/2024Partridge Dr452$170,0001,152 Sq.Ft.6/19/2018Parview Ct543$582,6003,482 Sq.Ft.8/28/2020Pati Ct433$288,0002,106 Sq.Ft.1/26/2022Patterson Branch Rd8732$241,4091,558 Sq.Ft.7/22/2024Patterson Ct931$212,6671,372 Sq.Ft.3/17/2022Patterson Ford Dr632$256,0002,244 Sq.Ft.10/22/2024Patterson Ford Rd1N/AN/AN/AN/A12/6/2019Paul Farley Rd932$262,0001,458 Sq.Ft.6/17/2022Peaceful Way1622$261,0631,613 Sq.Ft.1/23/2025Peach Orchard Rd832$215,0001,513 Sq.Ft.5/12/2023Pea Ridge Rd2532$219,4171,224 Sq.Ft.12/16/2022600 Bray StFerguson, KY 42533
Estimated Value $172,000
Living Area 2,370 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-9-3-26
Municipality FERGUSON
School District Pulaski County School District
121 N Richardson DrSomerset, KY 42501
Estimated Value $172,000
Living Area 1,428 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-4-5-32
Subdivision N Richards
School District Somerset Independent School District
429 Clements AveSomerset, KY 42501
Estimated Value $177,000
Living Area 2,216 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Residential General
Ownership Type Individual
APN 061-7-5-64
Subdivision Clements Ave
School District Somerset Independent School District
108 N Maplewood DrSomerset, KY 42501
Estimated Value $235,000
Living Area 1,340 SqFt
Beds 3
Baths 1.5
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 076-2-2-56
Subdivision Maplewood Est
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 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
190 Oak Hill RdSomerset, KY 42503
Estimated Value $259,000
Living Area 1,764 SqFt
Beds 4
Baths 3.5
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-2-2-60
Subdivision H Kennedy Add Oak Hill Rd
School District Somerset Independent School District
424 College StSomerset, KY 42501
Estimated Value $169,000
Living Area 1,584 SqFt
Beds 6
Baths 3
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 060-6-5-85
Subdivision Pettus
School District Somerset Independent School District
210 E Limestone St #4Somerset, KY 42501
Estimated Value $134,000
Living Area 1,165 SqFt
Beds 2
Baths 2
Year Built 1996
Property Type Townhouse
Ownership Type Individual
APN 060-9-2-13.3
Subdivision Limestone Square
School District Somerset Independent School District
206 N Vine StSomerset, KY 42501
Estimated Value $273,000
Living Area 2,465 SqFt
Beds 4
Baths 3
Year Built 1870
Property Type Single Family
Ownership Type Individual
APN 061-4-5-79
Municipality SOMERSET CITY
School District Somerset Independent School District
124 Woodland DrSomerset, KY 42501
Estimated Value $265,000
Living Area 1,696 SqFt
Beds 3
Baths 1.5
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 060-9-3-52
Subdivision Oaklawn Sub
School District Somerset Independent School District
200 Vaught StSomerset, KY 42501
Estimated Value $201,000
Living Area 1,460 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Corporate
APN 061-7-9-29
Subdivision James Add
School District Somerset Independent School District
121 Elliott DrSomerset, KY 42503
Estimated Value $217,000
Living Area 1,442 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 060-6-1-25
Subdivision Elliott Sub F
School District Somerset Independent School District
105 Jasper StSomerset, KY 42501
Estimated Value $167,000
Living Area 1,485 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 061-7-2-70
Subdivision Jasper
School District Somerset Independent School District
116 Keeney StSomerset, KY 42501
Estimated Value $206,000
Living Area 1,283 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 075-3-2-45
Subdivision Shady Lane Add
School District Somerset Independent School District
118 Ashurst StSomerset, KY 42501
Estimated Value $158,000
Living Area 784 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 076-1-2-51
Subdivision Ashurst
School District Somerset Independent School District