3515 Mitchellsburg Knob Road
Parksville, KY, 40464 $ 485,000
Bedrooms5 Baths3.1 Sq 2,880 Monthly Estimate*
$ 2,986
for $485,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,880 square foot home was built in 1997 on a lot size of 2.32.
Motivated Seller is offering buyer(s) a $5,000 closing allowance to apply toward closing costs, rate buy-down, or other buyer needs (available through 2/15/26). Tucked away off Mitchellsburg Knob Road, this thoughtfully designed 5 bed, 3.5 bath ranch with a partially finished walkout basement offers exceptional flexibility for multi-family or multi-generational living, all while being just 20 minutes from downtown Danville. With nearly 4,500sf between main level and basement, the layout provides both shared gathering spaces and/or private living options, ideal for extended family, guests, or potential rental income. The main level is ADA compliant, offering true one level living with wide, accessible spaces. Natural light fills the home, highlighting recent updates throughout. The first floor features an eat-in kitchen, open-concept dining and living area, a spacious primary suite with ensuite bath, two additional bedrooms, and a full bath, designed for comfort, accessibility, and ease of daily living. The walkout basement expands the home's versatility, featuring its own parking pad, a newly added full bathroom, two bedrooms (one partially finished), and a large open area ready to be customized. This level is perfectly suited for separate living quarters, a private in-law suite, or an income-producing rental, allowing buyers to finish the space to meet their specific needs. Sitting on 2.32 peaceful acres, the property also includes a large barn with office and storage space, making it ideal for a home-based business, workshop, studio, or hobby space, while still maintaining privacy from the main residence. Partial fencing and serene views enhance the quiet, country atmosphere. This property offers a rare opportunity to enjoy secluded, nature filled living, flexible housing options, and modern upgrades; all within the sought after Boyle County school district. Whether you're looking to homestead, accommodate extended family, generate income, or run a business from home, this property delivers space, adaptability, and tranquility in one exceptional setting.
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Eat-in Kitchen
Basement Exterior Entry Full Interior Entry Partially Finished Walk-Out Access
Flooring Carpet Concrete Hardwood Tile Vinyl
Total Fireplaces 1
Fireplace Features Family Room Wood Burning
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2230.0
Half Baths 1
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 650.0
Total Baths 4
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GeneralSewer Septic Tank
Heating Electric
Cooling Electric
Utilities Cable Available Electricity Connected Natural Gas Not Available Phone Available Propane Connected Sewer Not Available Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Oven Refrigerator
Patio/Porch Features Deck Porch Front Porch Rear Porch
Architectural Style Ranch
Construction Materials Brick Veneer
Year Built 1997
View Rural Trees/Woods
Levels One
Property Subtype Single Family Residence
Parcel Number 013-000-035
Accessibility Accessible Approach with Ramp Accessible Bedroom Accessible Central Living Area Accessible Closets Accessible Common Area Accessible Doors Accessible Entrance Accessible Full Bath Accessible Hallway(
County Boyle
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rural
Garage Y/N N
Other Structures Barn(s)
Total Rooms 6
Full Baths 3
Status Active
Directions Coming from Danville take Lebanon rd (hwy 34) for 10 miles then take a ;eft onto Mitchellsburg Knob rd. In 3.5 miles take a right onto hwy 1108. Home will be on your right just before you get to For
High School Boyle Co
City Parksville
High School District Boyle County - 12
MLS Area 012 - Boyle County
Lot Size Units Acres
Lot Size Square Feet 101059.2
Carport Spaces 2.0
Carport Y/N Y
Elementary School Perryville
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Boyle Co
MLS Area Minor 012 - Boyle County
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://media.benchildersphotography.com/videos/0199a80e-02c6-7063-ad5e-f1becdca0dc4
Structure Type House
Standard Status Active
Senior Community None
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ExteriorFencing Partial Wood
Parking Features Other Attached Carport Driveway
Lot Features Many Trees Secluded
Water Source Public
Lot Size Area 2.32
Foundation Details Concrete Perimeter
Building Area Total 2880.0
Lot Size Acres 2.32
Lot Size Source Appraiser
Waterfront Y/N N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Bymadie@thebrokerageky.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,986
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Parksville, KY
Average List Price $265,000
Percent of Sale Price 45%
About Parksville, KY 1,166 Population
7% Since 2002
$ 42,765 Median Income
44.56 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3289673 Elementary School
3289911 Middle School
Boyle Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/15/2026 | $485,000 | | Listed Price |