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!
For sale
$410,000
498 Rainbow Knob Ln, Mc Daniels, KY 40152
4beds
1,484sqft
Est.:
Single Family Residence
Built in 1991
0.39 Acres Lot
$388,200 Zestimate®
$276/sqft
$-- HOA
What's special
Brick wood-burning fireplaceAmazing lake viewsDock on the stringFire pitOutdoor showerDock accessWaterfront lots
- 10 days
- on Zillow |
- 437 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 03:17pm
Listed by:
Heather Keith,
Red Edge Realty
Source: GLARMLS,MLS#: 1695429

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom
- Description: Staged as an Office/Sitting Room
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Primary bathroom
- Level: First
Full bathroom
- Level: First
Dining area
- Level: First
Kitchen
- Level: First
Laundry
- Level: Basement
Living room
- Level: First
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Basement: None,Walkout Part Fin
- Has fireplace: No
Interior area
- Total structure area: 1,484
- Total interior livable area: 1,484 sqft
- Finished area above ground: 1,484
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Off Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Screened Porch, Deck, Porch
- Exterior features: Boat Slip
- Fencing: Split Rail,Partial
- Waterfront features: Lake Front
Lot
- Size: 0.39 Acres
- Features: Irregular Lot, Easement, Cleared, Dead End, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: FP15
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Mc Daniels
Financial & listing details
- Price per square foot: $276/sqft
- Date on market: 8/15/2025
- Electric utility on property: Yes
- Loading
- Loading