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.
Under contract - showing
$550,000
585 Lakeway Dr, Murray, KY 42071
3beds
2,731sqft
Est.:
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
- 172 days |
- 69 |
- 3 |
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#: 3033447
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Contingent | $550,000$201/sqft |
Source: | ||
| 10/24/2025 | Listed for sale | $550,000$201/sqft |
Source: WKRMLS #134411 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 42071
Nearby schools
GreatSchools rating
- 5/10East Calloway Elementary SchoolGrades: K-5Distance: 7.1 mi
- 7/10Calloway County Middle SchoolGrades: 6-8Distance: 11.8 mi
- 8/10Calloway County High SchoolGrades: 9-12Distance: 11.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Calloway County
- Murray
- 42071
- 585 Lakeway Dr





