$399,000
$11K PRICE DROP

498 Rainbow Knob Ln McDaniels, KY 40152

Estimated payment $2,523/month

Total Views 3,039
4 Beds
2 Baths
1,484 Sq Ft
$269 Price per Sq Ft

Highlights

  • Boat Slip
  • No HOA
  • Fireplace
  • Deck
  • Screened Porch
  • Laundry Room

About This Home

Generations have gathered here sharing laughter, stories & countless fond memories of days & nights spent on this special stretch of Rough River Lake. These 2 waterfront lots are situated on a peninsula at the end of the road with a lakeside home having 4 bedrooms, 2 full baths & a separate laundry room that doubles for extra sleeping arrangements. The property is surrounded by mature shade trees & amazing lake views that overlook the bay toward Axtel Campgrounds where spring, summer & fall nights offer you the mesmerizing glow of campfires shimmering on the lake. Inside, a touch of lakehouse charm can be found most everywhere. The spacious shared bath features a custom vanity & sink...both bathrooms have a subtle touch of rustic character & charm. Eleven closets mean there is a place for most everything while newer LVP flooring runs throughout the entire home.

A brick, wood-burning fireplace invites warmth to the cooler evenings while the covered front porch calls for easy afternoons in the shade. The outdoor living spaces are where lots of lake memories are made with a fire pit in front of the tree house, another fire pit & gravel patio space between the home & shed plus a shady lakeside viewing deck that has easy access to the home's hallway. The outdoor shower with hot & cold running water is an experience all on it's on whether in the morning before a day on the lake or after. Newly built, Amish-crafted steps make it an easy stroll to the shoreline for both the young & old alike. A whimsical spiral staircase leads to an extra sleeping or hangout space in the tree house which has electricity & yet another beautiful view of the lake. The screened-in porch below it is perfect for outdoor dining, card games & most any celebration with friends & family. Modern day amenities are well covered...electric, public water & a septic system are connected to the property with rare high-speed fiber optic internet being available. The large shed with electric is ideal as a workshop or storage needs for your gardening tools & lake toys. Plentiful off-street parking means you can invite many of your favorite people for visits to your lake house. A dock on the string just below the property will transfer with COE approval. By land or water, you're minutes from Nick's Boat Dock & Marina with shopping & dining close by in McDaniels, Hardinsburg & Leitchfield. Easy travel to & from Louisville, Elizabethtown, Owensboro & more. This is more than just a lake house, it's a place where summers are meant to be spent, autumns & winters are cozy and new memories are waiting to be made with you & yours. Be sure to view the walk-through video tour and schedule your showing appointment soon! This is a special lake home & property with one of a kind lake views & dock access so don't let the opportunity pass you by!

Listing Agent

Heather Keith

Red Edge Realty License #219020 Listed on: 08/15/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Partially Fenced Property

Home Design

  • Shingle Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Screened Porch
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15 & 16
  • Assessor Parcel Number FP-15

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1484.0
  • Architectural Style: Ranch
  • Reso Other Structures: Outbuilding
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Architectural Style Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None, Walkout Part Fin
  • Bedroom Level: First
  • Dining Area Level: First
  • Kitchen Level: First
  • Laundry Level: Basement
  • Living Room Level: First
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Split Rail, Partial
  • Roof: Shingle
  • Acres: 0.39
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Frame
  • Exterior Features: Boat Slip
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Screened Porch, 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

  • Attached Garage: No
  • Parking Features: Off Street
  • 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: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: FP-15

Building Info

  • Year Built: 1991

Tax Info

  • Tax Block: 0
  • Tax Lot: 15 & 16

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Price Changed $399,000 -2.7% $269 / Sq Ft
08/15/2025 08/15/25 Price Changed $410,000 +2.8% $276 / Sq Ft
08/15/2025 08/15/25 For Sale $399,000 -- $269 / Sq Ft
Source: Metro Search, Inc.

Source: Metro Search, Inc.

MLS Number: 1695429

Metro Search, Inc.