NOT LISTED FOR SALE

331 Rainbow Knob Ln McDaniels, KY 40152

3 Beds
2 Baths
1,120 Sq Ft
4 Acres

Last Sold July 02, 2024

Last sale price $355,000 $317 Per Sq Ft

Highlights

  • Boat Slip
  • No HOA
  • Porch
  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Looks like you have just stumbled across a ''pot of gold'' on Rainbow Knob Ln! This solid home is waterfront with 3 BR/2BA & is situated on a peninsula of Rough River Lake with 4+/- acres of land. The open view of the lake from the front porch is arguably the most beautiful view on Rough River! Along with these priceless views comes one of the easiest lake accesses around. Take a short walk or golf cart ride down to the redline near the water's edge of the property where the dock on the end awaits. It's easily visible from the covered front porch & inside from the kitchen, living room & front bedroom. The rare, gentle slope to the lake provides relatively easy wheelchair accessibility directly from the front yard. It's located on a large open bay just across from Axtel Campground.The view from the front porch of flickering campfires reflecting off the lake in the dark of night will truly mesmerize you. What better way to wind down after day of fishing, swimming, floating & boating?

In the back of the home, you may appreciate having no stairs to the deck, ample parking & serene privacy of the wooded park-like setting. Add a hiking trail and you can get to the 105+/- feet of road frontage on Greenshores Rd directly from the house. This 3+/- acres parcel could also be the future site of another house, storage building or surveyed off to sell in the future. The 2 car garage is a bonus for your golf cart & lake toys & it's connected to electric with a concrete floor.

Inside, the spacious living room is open to the kitchen & dining area with large window showcasing the amazing views of the lake. Two bedrooms on the left of the home are separated from the primary bedroom & full bath by the laundry area & a another full bathroom.

This home has been well maintained & meticulously kept by it's only owners over the years. Other than adding special touches to make it your own, it is basically move-in ready as a Lake Vacation home or permanent residence. Even the washer & dryer plus most of the furnishings can remain. Property is on three parcels that total 4+/- acres located in the middle of McDaniels near conveniences such as shopping, restaurants, Laurel Branch Boat Ramp & Nick's Boat Dock & Marina where you can grab a soft serve ice cream cone & fuel up for a day of boating. Property's lake side offers 106+/- feet of water frontage. Easily travel to Louisville, Elizabethtown & other metropolitan areas. Home is connected to electric & city water with a septic system. End dock to transfer with COE approval. Someone's really going to luck out as the new owner of this charming "pot of gold" near the end of Rainbow Knob Ln! Lake views & acreage with gentle lake access like this don't usually stay available for long so schedule your appointment without delay!

Last Agent to Sell the Property

Heather Keith

Red Edge Realty License #219020 Listed on: 05/19/2024

Last Buyer's Agent

Heather Keith

Greater Rough River Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 106.28x263.16x100x237.6

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • End Of Rainbow Subdivision

Listing and Financial Details

  • Legal Lot and Block ER43, ER44 & ES49A / o
  • Assessor Parcel Number ER43-44 & ES49A
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Lot Dimensions: 106.28x263.16x100x237.6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: END OF RAINBOW
  • Above Grade Finished Sq Ft: 1120.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Dining Area Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Split Rail, None
  • Roof: Metal
  • Acres: 4.0
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Boat Slip
  • Foundation Details: Crawl Space, Concrete Blk
  • Patio And Porch Features: Deck, Porch
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Off Street, Detached, Entry Front, Driveway
  • Garageparkingdriveway: Yes
  • GarageParking:Detached: Yes
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • Parcel #: ER43-44 & ES49A
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2005

Tax Info

  • Tax Block: o
  • Tax Lot: ER43, ER44 & ES49A
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Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $355,000 -5.3% $317 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/19/2024 05/19/24 For Sale $375,000 -- $335 / Sq Ft
Source: Metro Search, Inc.

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,395 $355,000 $150,000 $205,000
2024 $1,081 $90,000 $40,000 $50,000
2023 $873 $90,000 $40,000 $50,000
2022 $861 $90,000 $40,000 $50,000
2021 $899 $90,000 $40,000 $50,000
2020 $656 $64,000 $28,000 $36,000
2019 $655 $64,000 $28,000 $36,000
2018 $647 $64,000 $0 $0
2017 $640 $64,000 $0 $0
2016 $640 $58,000 $28,000 $30,000
2015 $647 $58,000 $28,000 $30,000
2013 $618 $64,000 $28,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1661239

Metro Search, Inc.