Waterfront Home on Elmer Davis Lake, Priced Below Appraised Value
Some lake homes just feel right the moment you arrive, and this is one of them.
This 2-bedroom, 2-bath waterfront home sits on five wooded lots along the quiet shores of Elmer Davis Lake, in a private, gated lake community in Owen County, Kentucky. Inside, rustic charm meets modern comfort, with open living spaces and unobstructed lake views from the main living area. Outside, mature trees and a gentle slope to the water give you both privacy and easy shoreline access, plus a private dock for kayaking, fishing, and slow mornings by the water.
Here's what makes this a rare find. The home recently passed full FHA underwriting, including foundation engineer certification, and it's being offered below its most recent appraised value of at least $250,000. Adjacent lots and a second dwelling are also available to the buyer, giving you room to grow, host, or simply protect your privacy for years to come.
Weekend retreat or full-time residence, this is a rare chance to own a true Kentucky lakefront home, private, peaceful, and still just an hour from Lexington, Louisville, and Cincinnati.
For sale
$229,000
327-331 Hideaway Hls, Owenton, KY 40359
2beds
1,510sqft
Single Family Residence, Residential, Manufactured Home, Mobile Home
Built in 1997
1.49 Acres Lot
$-- Zestimate®
$152/sqft
$51/mo HOA
What's special
Mature treesFive wooded lotsOpen living spaces
- 41 days
- 589
- 26
Zillow last checked:
Listing updated:
Listed by:
John Ashcraft 502-682-6767,
Ashcraft Real Estate Services
Source: NKMLS,MLS#: 645127
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Bath Adjoins
- Level: First
- Area: 0
- Dimensions: 0 x 0
Bedroom 2
- Features: See Remarks
- Level: First
- Area: 0
- Dimensions: 0 x 0
Bathroom 2
- Features: See Remarks
- Level: First
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Features: See Remarks
- Level: First
- Area: 0
- Dimensions: 0 x 0
Living room
- Features: Fireplace(s)
- Level: First
- Area: 0
- Dimensions: 0 x 0
Primary bath
- Features: See Remarks
- Level: First
- Area: 0
- Dimensions: 0 x 0
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
Features
- Windows: Vinyl Frames
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,510
- Total interior livable area: 1,510 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Dock
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 1.49 Acres
- Dimensions: 5 Lots
Details
- Additional structures: Shed(s)
- Additional parcels included: Add'l Parcels Available. MLS #645126
- Parcel number: 0375000327.00
- Zoning description: Unzoned
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential, Manufactured Home, Mobile Home
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Other, Lake Year Round, Playground, Pool, Clubhouse
- HOA fee: $610 annually
Location
- Region: Owenton
Financial & listing details
- Price per square foot: $152/sqft
- Date on market: 7/27/2026
- Cumulative days on market: 41 days
- Body type: Double Wide
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $229,000-8.4%$152/sqft |
Source: | ||
| 7/18/2026 | Listing removed | $250,000$166/sqft |
Source: | ||
| 4/10/2026 | Listed for sale | $250,000$166/sqft |
Source: | ||
| 3/12/2026 | Pending sale | $250,000$166/sqft |
Source: | ||
| 11/13/2025 | Listed for sale | $250,000$166/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 40359
Nearby schools
Schools provided by the listing agent
- Elementary: Owen County Elementary
- Middle: Maurice Bowling Middle School
- High: Owen County High
Source: NKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





