585 Lakeway Dr Murray, KY $ 550,000
585 Lakeway Dr
$ 550,000
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585 Lakeway Dr

Murray, KY, 42071
$ 550,000
Bedrooms3 Baths2.0 Sq 2,731

Monthly Estimate*

$ 3,431

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Single Family Home for sale in Murray, KY

for $550,000 with 3 bedrooms and 2 full baths. This 2,731 square foot home was built in 1965 on a lot size of 0.75.

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.

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Single Family Active

Price

$ 550,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,643

Style

Ranch

Lot Size

0.75

Year Built

1965

Town/City

Murray

County/Region

Calloway

MLS | Web ID

3033447

Features
General
Living Area 2731
Sewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Available Water Available
Possession Negotiable
Roof Shingle
Appliances Electric Oven Gas Oven
HOA Fee 60
Garage Spaces 1
Patio/Porch Features Deck Screened
Architectural Style Ranch
Construction Materials Wood Siding
Pets Allowed Yes
Year Built 1965
View Lake
Stories Count 1
Topography Rolling Slope
Levels One
Property Subtype Single Family Residence
HOA Fee 2 0
Assoc Fee Paid Per Annually
County Calloway County KY
New Construction N
Property Type Residential
Association Amenities Boat Dock Park Playground
Attached Garage N
Subdivision Name Lakeway Shores
Garage Y/N Y
Full Baths 2
Status Active
Buyer Financing Conventional FHA Other USDA VA
Directions From the intersection of 4th street/ St (Hwy 94 E) in Murray travel E on Hwy 94 toward KY Lake. Turn R on Pottertown Rd and continue on the curve past Panorama to travel on Speaker Trail. Take L onto
High School Calloway County High School
City Murray
Senior Community Y/N N
Lot Size Units Acres
Elementary School East Elementary School
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 2643
Middle/Junior High School Calloway County Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://www.youtube.com/watch?v=3gQ49u12VgM
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Interior
Interior Amenities High Speed Internet
Basement Crawl Space Partial Unfinished
Flooring Carpet Wood Laminate Vinyl
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2731
Half Baths 0
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Washer Hookup
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Professional Measurement
Above Grade Finished Area Source Professional Measurement
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Dock
Fencing Back Yard
Parking Features Garage Door Opener Detached
Lot Features Rolling Slope
Water Source Public
Total Parking 1
Lot Size Area 0.75
Building Area Total 2731
Lot Size Acres 0.75
Lot Size Source Owner
Waterfront Y/N Y
Covered Spaces 1
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Internal Only
Street Number 1 585
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* Excluded Features
List By
The Stables Realty Group

Broker

brenda@hineshometeam.com

Email

Affordability Calculator

$3,652
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4334034 Elementary School
4334033 Middle School
Calloway County High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2025$550,000 Listed Price

Map


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585 Lakeway Dr, Murray, KY, 42071 is a Single Family Home for sale at $550,000 with 2,731 sqft and a lot size of 0.75. 585 Lakeway Dr has 3 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 42071 which is in Murray, KY