498 Rainbow Knob Ln
McDaniels, KY, 40152 $ 385,000
Bedrooms4 Baths2.0 Sq 1,484 Monthly Estimate*
$ 2,371
for $385,000 with 4 bedrooms and 2 full baths. This 1,484 square foot home was built in 1991 on a lot size of 0.39.
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 & easy dock access so don't let the opportunity pass you by!
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FeaturesGeneralHeating Electric Forced Air
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
HOA Fee 0
Architectural Style Ranch
Construction Materials Wood Frame
Year Built 1991
Stories Count 1
Property Subtype Single Family Residence
Waterfront Features Lake Front
County Breckinridge
Property Type Residential
HOA false
Attached Garage false
Subdivision Name NONE
Garage Y/N false
Other Structures Outbuilding
Total Rooms 10
Full Baths 2
Status Active
Directions From S Hwy 259 turn onto Hwy 110. Right onto Camp Greenshores. Right onto End of Rainbow. Left onto Rainbow Knob Ln.
City McDaniels
Lot Size Units Acres
Lot Size Square Feet 16988.4
Standard Status Active
Tax Lot 15 & 16
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InteriorBasement None Walkout Part Fin
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1484
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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ExteriorExterior Amenities Boat Slip
Parking Features Off Street
Lot Features Irregular Lot Easement Cleared DeadEnd Wooded
Water Source Public
Lot Size Area 0.39
Foundation Details Crawl Space
Building Area Total 1484
Lot Size Acres 0.39
Waterfront Y/N true
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* Excluded FeaturesList Byheatherkeith410@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,371
- 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 McDaniels, KY
Average List Price $415,769
Percent of Sale Price 8%
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0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/16/2026 | $385,000 | | Listed Price |