Excellent income producing lakefront Short-Term Rental priced under recent appraisal!
Conveniently located between the Ark Encounter, Kentucky Speedway and the Bourbon Trail, this vacation rental is a home-run! Generated $38,000 in revenue in 2023 from Airbnb & VRBO bookings. Located right next to the boat ramp, this double lot property is in a prime location on Elmer Davis Lake. With all furnishings and a local cleaning person in place, you can start renting immediately or make your desired improvements to increase nightly rate for even more revenue. Owen County is a very investor-friendly county for short-term rentals with no prohibitive local government requirements or hoops to jump through. Hard to find a more profitable STR at this price point that books over 250 nights per year. In a tough economy, an affordable rental in a peaceful, unique setting close to attractions that see 1 million+ visitors per year is the winning recipe! Serious, qualified buyers welcome to schedule showings around current rental bookings. Owner is a licensed real estate agent in Kentucky.
Sold for $220,000
$220,000
20 Davis Lake Rd, Owenton, KY 40359
3beds
832sqft
Single Family Residence
Built in ----
1 Acres Lot
$225,500 Zestimate®
$264/sqft
$986 Estimated rent
Home value
$225,500
Estimated sales range
Not available
$986/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 28, 2025 at 11:35pm
Listed by:
Jessica Noto 859-489-0660,
Century 21 Advantage Realty - Georgetown
Bought with:
Jessica Noto, 268624
Century 21 Advantage Realty - Georgetown
Source: Imagine MLS,MLS#: 24018451
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bathroom 1
- Description: Full Bath
- Level: First
Bathroom 2
- Description: Half Bath
- Level: Second
Kitchen
- Level: First
Living room
- Level: Second
Living room
- Level: First
Living room
- Level: Second
Utility room
- Level: First
Heating
- Forced Air, Propane Tank Owned
Cooling
- Electric
Appliances
- Included: Microwave, Refrigerator, Range
Features
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
- Finished area above ground: 832
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Body of water: Other
Lot
- Size: 1 Acres
Details
- Additional structures: Shed(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Owenton
- Subdivision: Rural
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2024 | Sold | $220,000$264/sqft |
Source:  Imagine MLS #24018451 Report a problem | ||
| 10/25/2024 | Pending sale | $220,000$264/sqft |
Source: Imagine MLS #24018451 Report a problem | ||
| 10/24/2024 | Price change | $220,000-12%$264/sqft |
Source: Imagine MLS #24018451 Report a problem | ||
| 9/2/2024 | Listed for sale | $250,000$300/sqft |
Source: Imagine MLS #24018451 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 40359
Nearby schools
GreatSchools rating
- 6/10Owen County Elementary SchoolGrades: PK-4Distance: 4 mi
- 3/10Maurice Bowling Middle SchoolGrades: 5-8Distance: 4.4 mi
- 4/10Owen County High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Owen Co
- Middle: Maurice Bowling
- High: Owen Co
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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