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$198,000
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Property Description
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.
Full Property Details
Full Property Details for 327-331 Hideaway #327-331
General
- Sold For: $198,000
- HOA FEE: $58/month
- HOA FEE FREQ.: Annually
- Status: Closed
- Type: Single Family
- Source: Northern_Kentucky
- MLS ID: 645127
- Added to Site: 75 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Electric Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other, Lake Year Round, Playground, Pool, Clubhouse
Exterior
- Exterior Features: Dock
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Driveway
Location
- County: Owen
- Driving Directions: From Owenton, Gratz Rd to Hide Away Hills on left. Go through gate (will need to be escorted by an agent), straight to left on Hideaway Dr. Property on left.
School Information
- Elementary School: Owen County Elementary
- Middle School: Maurice Bowling Middle School
- High School: Owen County High
Community
- Community Name: K22 - Owen Cty
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Wood, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Roof: Shingle
- Windows: Vinyl Frames
- Square Feet: 1,510
- Living Area: 1,510 Sq. Ft.
- Year Built: 1997
- Property Condition: Existing Structure
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 1.49
- Lot Size (Sq. Ft.): 64,750
- Lot Size: 1.49
- Lot Size Source: Owner
- Lot Dimensions: 5 Lots
- Lot Features: Waterfront
- Zoning: Unzoned
Financial Considerations
- Association Fee: $700
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Property ID: 037-50-00-327.00
Listed by Ashcraft Real Estate Services, John Ashcraft
Sold by Ashcraft Real Estate Services, Anna Rose
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Price & Sales History for 327-331 Hideaway #327-331
Date
Details
Price
Change
Source
10/02/2026
Sold
$198,000
—
MLS
9/09/2026
Price Reduced
$198,000
-13.54%
MLS
7/28/2026
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
327-331 Hideaway #327-331, Owenton, KY 40359 (MLS# 645127) is a Single Family property that was sold at $198,000 on October 02, 2026. Want to learn more about 327-331 Hideaway #327-331? Do you have questions about finding other Single Family real estate for sale in Owenton? You can browse all Owenton real estate or contact a Coldwell Banker agent to request more information.

