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Sold for $355,000
  • $355,000

    331 Rainbow Knob Ln, Mc Daniels, KY 40152

    3beds
    1,120sqft
    Single Family Residence
    Built in 2005
    4 Acres Lot
    $347,700 Zestimate®
    $317/sqft
    $1,150 Estimated rent

    Home value

    $347,700

    $323,000 - $372,000

    $1,150/mo

    Zestimate® history
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    What's special

    Lake viewsLaundry areaSolid homeLake toysStorage buildingGolf cartGolf cart ride
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Keith,

    Red Edge Realty

    Bought with:

    Heather Keith, 219020

    Red Edge Realty

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1661239MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Level: First
    Full bathroom
    • Level: First
    Dining area
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,120
    • Total interior livable area: 1,120 sqft
    • Finished area above ground: 1,120
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Detached, Entry Front, Driveway
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Exterior features: Boat Slip
    • Fencing: Split Rail,None
    • On waterfront: Yes
    • Waterfront features: Lake Front
    Lot
    • Size: 4 Acres
    • Dimensions: 106.28 x 263.16 x 100 x 237.6
    • Features: Irregular Lot, Easement, Cleared, Dead End, Wooded
    Details
    • Parcel number: ER4344 & ES49A

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawl Space, Concrete Blk
    • Roof: Metal
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: End Of Rainbow
    HOA
    • Has HOA: No
    Location
    • Region: Mc Daniels

    Financial & listing details

    • Price per square foot: $317/sqft
    • Tax assessed value: $90,000
    • Annual tax amount: $1,081
    • Date on market: 5/19/2024
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/2/2024Sold$355,000-5.3%$317/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1661239 Report a problem
    6/11/2024Pending sale$375,000$335/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1661239 Report a problem
    5/19/2024Contingent$375,000$335/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1661239 Report a problem
    5/19/2024Listed for sale$375,000$335/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1661239 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,081 +23.8%$90,000
    2023$873 -0.7%$90,000
    2022$879 -2.3%$90,000
    2021$899 +37%$90,000 +40.6%
    2020$656 +0.2%$64,000
    2019$655 -99%$64,000
    2018$64,000 +9905%$64,000
    2017$640 -0.1%$64,000 +10.3%
    2016$640 -1%$58,000
    2015$647 +4.7%$58,000 -9.4%
    2013$618 +4.6%$64,000
    2011$591 +20.4%$64,000
    2010$491 $64,000
    Find assessor info on the county website

    Neighborhood: 40152

    Nearby schools

    GreatSchools rating
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    $354,654