Back on the market due to no fault of the home. The appraisal was approved at $135,000 and has passed a structural engineer inspection. Fully updated 2-bedroom, 1-bath home built in 1996 on ±0.24 acres in the highly desirable Nolin Lake area—an emerging hotspot for short-term rentals. This move-in ready property features an eat-in kitchen, durable vinyl siding, metal roof, covered front porch with scenic views, and a rear deck. A detached garage, attached storage area, and second driveway provide ample space for boats, campers, lake gear, and guest parking. Located approx. 3 miles from Nolin River Lake Dam and minutes from Mammoth Cave National Park, this property offers excellent potential as a short-term rental, vacation home, or investment opportunity in a high-demand tourist area.
Back on the market due to no fault of the home or seller and better than before. The appraisal was approved at $135,000 and has had a structural engineer inspection and passed. Fully updated 2-bedroom, 1-bath home built in 1996, situated on ±0.24 acres in the highly sought-after Nolin Lake area—an emerging hotspot for short-term rental investment. This property has been substantially improved, offering a move-in ready opportunity with strong appeal for both investors and lake enthusiasts. The home features a functional layout, eat-in kitchen, and durable finishes including vinyl siding and a metal roof. A covered front porch offers a peaceful setting with beautiful views—perfect for morning coffee or relaxing after a day on the lake. A small rear deck provides additional outdoor space. The detached garage and attached storage area offer ample room for lake gear, equipment, or owner storage—ideal for short-term rental use. A second driveway provides valuable additional parking for boats, campers, or multiple guests, making it well-suited for hosting. Conveniently located approximately 3 miles from Nolin River Lake Dam and just minutes from Mammoth Cave National Park, this property is positioned to capture both lake traffic and year-round tourism. Whether you’re looking to expand your short-term rental portfolio, invest in a high-demand area, or secure a second home near the lake, this property offers location, usability, and income potential.
RASKMLS #RA20243946
Jul 25, 2024
Listed
$109,900
$174/sq ft
Public Records
Oct 5, 2017
Sold
$45,100
$72/sq ft
RASKMLS #RA20161972
Sep 2, 2016
Sold
$9,000
$14/sq ft
Jun 9, 2016
Listed
$11,900
$19/sq ft
Public Records
May 1, 2001
Sold
$31,500
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$464 (+1.1%)
2024
$459 (+2.1%)
2023
$450 (−2.9%)
2022
$463 (+546.0%)
2021
$72 (−13.6%)
2020
$83 (−81.5%)
2019
$448 (+2.7%)
2018
$436 (+11.2%)
2017
$392 (+2.0%)
2016
$384 (+540.0%)
2015
$60 (−9.1%)
2014
$66
Public record
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Lot size
10,498 Sq. Ft.
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Style
Other
County
Edmonson County
APN
054-50-05-316.00
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Last updated by owner on Sep 2, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Mammoth Cave, KY • 42259
Average low and high temperatures (°F)
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73
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34
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 4940 Nolin Dam Rd
$129,460
$440 under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $63K to $287K.