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Under contract - showing
  • $550,000

    585 Lakeway Dr, Murray, KY 42071

    3beds
    2,731sqft
    : 
    Single Family Residence, Residential
    Built in 1965
    0.75 Acres Lot
    $-- Zestimate®
    $201/sqft
    $5/mo HOA

    What's special

    Jet ski dockGas log fireplacePartially fenced yardWhite sand beachUpdated kitchenFull kitchenLaundry room
    Settled in a place of tranquility on the shores of beautiful Kentucky Lake, you'll find TWO HOMES situated on 5 lots (approximately 3/4 acres) adjacent to the TVA forest. Step inside the main home to an updated kitchen, with 3 BR and 2 updated BAs, as well as a large living area with a gas log fireplace. You'll enjoy stunning views of sunrises over the water no matter the time of year, compliments of a trifecta of viewing options that include a glass 4 seasons room, a screen porch and two open decks. A partial unfinished basement offers storage. The separate guess house has a full kitchen, a living room and large bedroom, as well as its own laundry room, a full bath and deck. The second home affords ideal privacy for family members and visiting friends. It offers an unfinished basement that can be used for a game room and/or storage. The roof over both houses is 5 years old & the main home has a 3 year old heat pump. The location has city water as well as high speed fiber internet. The 24x24 detached garage offers parking for cars, boats and toys as well as a separate fish cleaning room. The property has a Jet Ski Dock with approx 2 feet of water during winter pool (7 in summer) and a partially fenced yard. Lakeway Shores HOA has ANNUAL dues at $60. The home is located 2 doors down and within sight of the community dock and white sand beach with a small playground/park. 585 Lakeway is approx 15 minutes from the college town home of Murray State University. Murray, KY has been named 5 times the friendliest small town in the USA. It has some great restaurants, large grocery, department and home improvement stores, several large workout facilities/gyms, a hospital, city parks with swimming pool, plus much, much more, including cultural opportunities through an active community theater and art guild. Murray State offers additional access to plays, concerts and sporting events. Murray is located about an hour from Paducah, Ky and about 2 hours from Nashville.
    172 days
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    69
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    3
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    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Brenda Treon Hines 615-419-7399,

    The Stables Realty Group

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3033447MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Electric Oven, Gas Oven
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
      Features
      • High Speed Internet
      • Flooring: Carpet, Wood, Laminate, Vinyl
      • Basement: Crawl Space,Partial,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,731
      • Total interior livable area: 2,731 sqft
      • Finished area above ground: 2,731
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener, Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Screened
      • Exterior features: Dock
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Year Round Access
      Lot
      • Size: 0.75 Acres
      • Features: Rolling Slope
      • Topography: Rolling Slope
      Details
      • Additional structures: Guest House, Storage
      • Parcel number: 088B0021
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Wood Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      Community
      • Subdivision: Lakeway Shores
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Park, Playground
      • HOA fee: $60 annually
      Location
      • Region: Murray

      Financial & listing details

      • Price per square foot: $201/sqft
      • Tax assessed value: $300,000
      • Annual tax amount: $2,643
      • Date on market: 10/24/2025
      • Electric utility on property: Yes
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/6/2026Contingent$550,000$201/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3033447 Report a problem
        10/24/2025Listed for sale$550,000$201/sqft
        Source: WKRMLS #134411 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023$2,721 +17.4%$300,000 +20%
        2022$2,317 +8.1%$250,000 +10.4%
        2021$2,143 +3.2%$226,500
        2020$2,077 $226,500
        2019$2,077 +3.2%$226,500
        2018$2,012 +4%$226,500
        2017$1,934 $226,500
        2016$1,934 +1.1%$226,500
        2015$1,914 +7.5%$226,500
        2011$1,780 +2.1%$226,500
        2010$1,743 $226,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,991/mo
        Principal & interest
        $2679
        Property taxes
        $307
        HOA Fees
        $5
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          Climate risks

          Neighborhood: 42071

          Getting around

          0 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: East Elementary School
          • Middle: Calloway County Middle School
          • High: Calloway County High School

          Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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