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Sold for $500,000
  • $500,000

    387 Falls Creek Way, Somerset, KY 42503

    5beds
    3,841sqft
    Single Family Residence
    Built in 2023
    1.66 Acres Lot
    $505,500 Zestimate®
    $130/sqft
    $3,096 Estimated rent

    Home value

    $505,500

    $435,000 - $591,000

    $3,096/mo

    Zestimate® history
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    $2,994/mo

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    $2,994/mo

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    What's special

    Full-finished walkout basementLarge walk-in closetOverlooking a beautiful creekLarge utility roomRelaxing soaking tubGorgeous wood flooring throughoutTile shower
    NEW PRICE!! Immediate Occupancy! Experience the perfect blend of privacy in this stunning custom-built 5-bedroom and 3 full bath Corporate-Owned home, nestled on 1.66 very private wooded acres overlooking a beautiful creek. With 3840 square feet of thoughtfully designed living space, this unique property offers magnificent views with abundant wildlife and is located just minutes from Lake Cumberland and highly rated schools. Step inside to find gorgeous wood flooring throughout, a welcoming area complete with a cozy fireplace, and a nice kitchen featuring an island bar and dining area perfect for casual, formal dining and entertaining. The spacious master suite boasts a large walk- in closet, tile shower, and a relaxing soaking tub--your private retreat for a long day. The full- finished walkout basement includes a large family room, providing ample space for gatherings or recreation. Enjoy the convenience of a large utility room and savor peaceful evenings on this extraordinary property that seamlessly blends comfort with natural beauty. Don't miss your chance to own this exceptional home--schedule your private tour today!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Hines 606-875-0398,

    Lake Cumberland Real Estate Professionals

    Bought with:

    Jill Johnson, 247548

    Eagle Realty & Development LLC

    Source: Imagine MLS,MLS#: 26002286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Bedroom 4
    • Level: Lower
    Bedroom 5
    • Level: Lower
    Bathroom 1
    • Level: First
    Bathroom 2
    • Level: First
    Bathroom 3
    • Level: Lower
    Family room
    • Level: Lower
    Kitchen
    • Level: First
    Living room
    • Level: First
    Utility room
    • Level: Lower
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Washer, Range
    • Laundry: Electric Dryer Hookup, Washer Hookup, Lower Level
    Features
    • Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub
    • Flooring: Tile, Wood
    • Windows: Insulated Windows, Blinds
    • Basement: Concrete,Finished,Full,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Electric, Living Room
    Interior area
    • Total structure area: 3,841
    • Total interior livable area: 3,841 sqft
    • Finished area above ground: 1,847
    • Finished area below ground: 1,994

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener, Garage Faces Front
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Fencing: None
    Lot
    • Size: 1.66 Acres
    • Features: Landscaped, Wooded
    Details
    • Parcel number: 0420006.5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Dimensional Style
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Security: Security System Owned
    • Subdivision: Rural
    HOA
    • Has HOA: No
    Location
    • Region: Somerset

    Financial & listing details

    • Price per square foot: $130/sqft
    • Tax assessed value: $454,000
    • Annual tax amount: $3,428
    • Date on market: 2/7/2026
    • Listing terms: Relocation Property

    Price history

    DateEventPrice
    4/14/2026Sold$500,000-6.5%$130/sqft
    Source: Imagine MLS #26002286 Report a problem
    3/16/2026Contingent$534,500$139/sqft
    Source: Imagine MLS #26002286 Report a problem
    3/3/2026Price change$534,500-2.8%$139/sqft
    Source: Imagine MLS #26002286 Report a problem
    2/9/2026Price change$549,900-3.5%$143/sqft
    Source: Imagine MLS #26002286 Report a problem
    2/7/2026Listed for sale$569,900$148/sqft
    Source: Imagine MLS #26002286 Report a problem
    2/7/2026Listing removed$569,900$148/sqft
    Source: Imagine MLS #25507452 Report a problem
    1/14/2026Price change$569,900-0.9%$148/sqft
    Source: Imagine MLS #25507452 Report a problem
    1/2/2026Price change$574,900-1.7%$150/sqft
    Source: Imagine MLS #25507452 Report a problem
    12/5/2025Listed for sale$584,900$152/sqft
    Source: Imagine MLS #25507452 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,428 $454,000 +4440%
    2023-- $10,000
    2022-- $10,000
    Find assessor info on the county website

    Neighborhood: 42503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southern
    • Middle: Southern
    • High: Southwestern

    Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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