Listing provided courtesy of Red Edge Realty- MLS# 1714475MLS Provider

498 Rainbow Knob LnMcDaniels, KY 40152

Single Family · 4 Beds · 2 Full Baths · 1,484 Sq. ft. | 0.39 Acres
$385,000 Active

498 Rainbow Knob Ln Overview

Time on Site:
75 days
Visits:
0

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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498 Rainbow Knob Ln Facts & Features

  • Type Single Family
  • Sq. ft. 1,484
  • Price/Sq.ft. $259
  • Lot 0.39 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1991

Location/Region

  • County Or Parish: Breckinridge
  • Subdivision Name: NONE

General Information

  • Parcel Number: FP-15 & 16
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1484.0
  • Building Area Source: Other
  • Building Area Total: 1484.0

General Information

  • Fireplace: false
  • Fireplaces Total: 0
  • Foundation Details: Crawl Space
  • Living Area: 1484.0
  • Living Area Source: Other
  • Rooms Total: 10
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Features: Irregular Lot,Easement,Cleared,DeadEnd,Wooded
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Square Feet: 16988.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Lake Front
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Wood Frame
  • Roof: Shingle

General Information

  • Exterior Features: Boat Slip
  • Other Structures: Outbuilding
  • Utilities: Electricity Connected

Room Information

Room: Laundry

  • Level: Basement

Room: Bedroom

  • Level: First

Room: Bedroom

  • Level: First

Room: Bedroom

  • Level: First
  • Description: Staged as an Office/Sitting Room

Room: Dining Area

  • Level: First

Room: Full Bathroom

  • Level: First

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bathroom

  • Level: First

Room: Primary Bedroom

  • Level: First

498 Rainbow Knob Ln Neighborhood

Community

40152 (McDaniels) Demographics

51
Median Age
85
Population Density (per sq. mile)
32%
College Educated
$64,792
Estimated Median Income
338
Estimated Total Home Owners
Estimated Total Renters
100% / 0%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

498 Rainbow Knob Ln Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

498 Rainbow Knob Ln Market Data

Based on the last 30 days in this zip code

$351,618
Average List Price
$185
Average Price per Square Foot
1
Properties Sold
121
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

498 Rainbow Knob Ln History

Date Event Value Agent
4/15/2026Source: Louisville MLS Added to Database
April 15, 2026