Sold
Last Sold Price
3 beds832 sqft
20 Davis Lake Road, Owenton, KY 40359
Single FamilyProperty Type
1 acresLot Size
9999Year Built
$264/sq ftPrice per sq ft

Description

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...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.
  • Listed by: Jessica Noto 859.489.0660 jess@jessnoto.com • Century 21 Advantage Realty - Georgetown
Listing closed: 12/06/2024 12:00 AM • Source: Imagine MLS, MLS#: 24018451

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Recent comparable sales

Median sold price

$201,300

Avg days on market

37

Sale-to-list ratio

91.1%

Owenton, KY

9 comparable properties found

$143,000 | 1075 Gratz Road, Owenton, KY 40359
1/23
1

$143,000

Sold 12/04/25

3
Bedrooms
936
Square Feet
0.19
Acres
$265,000 | 245 Driftwood Drive, Owenton, KY 40359
1/31
2

$265,000

Sold 06/20/25

3
Bedrooms
1,296
Square Feet
0.93
Acres
$216,000 | 205 Davis Lake Road, Unit 1, Owenton, KY 40359
1/30
3

$216,000

Sold 09/05/25

2
Bedrooms
769
Square Feet
0.11
Acres
$201,300 | 445 Davis Lake Road, Unit 1, Owenton, KY 40359
1/39
4

$201,300

Sold 01/08/26

2
Bedrooms
932
Square Feet
0.14
Acres
$249,000 | 605 Davis Lake Road, Unit 1, Owenton, KY 40359
1/48
5

$249,000

Sold 06/13/25

2
Bedrooms
936
Square Feet
0.21
Acres
$240,000 | 4965 Gratz Road, Owenton, KY 40359
1/35
6

$240,000

Sold 09/25/25

3
Bedrooms
1,216
Square Feet
0.4
Acres
$165,000 | 2755 Davis Lake Road, Owenton, KY 40359
1/37
7

$165,000

Sold 06/09/26

3
Bedrooms
1,458
Square Feet
2.1
Acres
$170,000 | 219 East Blanton Street, Owenton, KY 40359
1/20
8

$170,000

Sold 02/26/25

3
Bedrooms
960
Square Feet
0.6
Acres
$150,000 | 165 Davis Lake Road, Owenton, KY 40359
1/28
9

$150,000

Sold 09/03/25

3
Bedrooms
1,331
Square Feet
0.28
Acres

Location

Listing Courtesy of Century 21 Advantage Realty - Georgetown

Sold By Century 21 Advantage Realty - Georgetown

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$1,174 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,174

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Property Information for 20 Davis Lake Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • County: Owen County
  • Subdivision Name: Rural
  • View: Lake
  • View: Yes
  • Waterfront: Yes
Building Information
  • Year Built: 9999
  • Lot Size: 1.00 AC / 43,560 SF
Summary
Location and General Information
  • Directions: From downtown Owenton, take 22 to Davis Lake Rd. (Brown sign says Elmer Davis Lake). Stay on that road approximately 3 miles to the boat ramp and property is just to the left of the parking lot.
  • Latitude: 38.499027
  • Longitude: -84.875252
  • MLS Area Major: 015 - Owen County
  • MLS Area Minor: 015 - Owen County
School Information
  • Elementary School: Owen Co
  • High School: Owen Co
  • High School District: Owen County - 15
  • Middle Or Junior School: Maurice Bowling
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 832.0
  • Building Area Total: 832.0
  • Living Area: 832.0
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 9999
Building Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Levels: Two
  • Other Structures: Shed(s)
  • Structure Type: House
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Appliances: Microwave, Refrigerator, Range
  • Basement: Crawl Space
  • Basement: No
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Electric
  • Cooling: Yes
  • Fireplace: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Vinyl
  • Heating: Forced Air, Propane Tank Owned
  • Heating: Yes

Property History for 20 Davis Lake Road

DateEvent & SourcePriceAppreciation
Dec 6, 2024

Sold

Imagine MLS #24018451

$220,000—
Oct 25, 2024

Contract Signed

Imagine MLS #24018451

—
Sep 2, 2024

Listed (Active)

Imagine MLS #24018451

$250,000—
DateEvent & SourcePrice
12/06/2024

Sold

Imagine MLS #24018451

$220,000
10/25/2024

Contract Signed

Imagine MLS #24018451

—
09/02/2024

Listed (Active)

Imagine MLS #24018451

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 20 Davis Lake Road

This home is within Owen County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Owen County Elementary School
PublicPK to 4

Maurice Bowling Middle School
Public5 to 8

Owen County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 Advantage Realty - Georgetown

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 ImagineMLS. All rights reserved.