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1516 Paradise Camp Rd, Harrodsburg, KY, 40330

2beds
1baths
1,252sqft
$350,000
$280price/sqft
$2,252/moest. monthly cost
$90,080/yrincome needed

About This Home

Beautiful lakefront property offering breathtaking views of Lake Herrington. This charming home features a spacious double-deck design, providing the perfect setting for relaxing or entertaining while enjoying the water. A private dock and easy-access stairs lead directly to the lake, making it ideal for boating, fishing, or simply soaking in the scenery. Inside, you'll find a 2-bedroom, 1-bath layout full of character, complemented by numerous updates throughout. Whether you're looking for a weekend getaway, full-time residence, or investment opportunity, this home offers incredible potential. Currently being operated as a successful Airbnb, so showing times may be limited. Schedule your showing today. Buyer to verify schools. Agent owned.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
Burgin Independent SchoolGrades PK-123.7 mi

Construction

Materials

  • Foundation: Concrete Perimeter,Stone
  • Roof: Metal
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Oven,Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bathroom1

  • Level: Lower

Bedroom1

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Window features: Insulated Windows,Blinds
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Basement,Great Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 639
  • Finished area above ground: 613

Heating & Cooling

  • Heating features: Propane,Propane Tank Owned
  • Cooling features: Electric,Other

Interior Area

  • Total structure area: 1,252
  • Total interior livable area: 1,252 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 081.7002006.00

Features

  • Levels: Two
  • Fencing: None
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterbody name: Herrington Lake

Lot

  • Lot size: 0.40 Acres
  • Features: Many Trees

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Ice Storm

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$188$2,256
Property Taxes $141$1,692
Electricity $154$1,850
Total$2,252$27,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,211/yr
40% on housing$67,560/yr
45% on housing$60,053/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$280This listing

vs Other Active Listings

Avg $/sqft

ZIP 40330$153
Mercer County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 40330
Mercer County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$350,000
2022-11-15Listing removed--
2022-11-03Listed for rent$1,600
2022-09-27Listing removed--
2022-09-22Listed for sale$255,000
2020-07-13Sold$149,500
2010-07-01Sold$50,000

For Sale by Agent

AgentCarrie B Stewart
BrokerageBluegrass Properties Group

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