Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
1 Bath
630 sqft

$129,900

4940 Nolin Dam Road, Mammoth Cave KY, 42259

Price per sqft$206.19
Built in1996
Property size630 sqft
Property typeResidential

Overview

Active

Listed Mar 15, 2026

Updated 4 weeks ago

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.

$864/mo

Est. mortgage payment based on a $129,900 home price.

All estimates are provided by Olive + Oak Realty for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
HK2600981

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Also listed on Metro Search Inc / Greater Louisville Association of REALTORS

Listed by with eXp Realty, LLC 502-639-3157

Listing Contact: 888-624-6488 

Based on information from The Heart of Kentucky Association of REALTORS® as of 9/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 The Heart of Kentucky Association of REALTORS®. All rights reserved.

Data last updated on 9/12/2026 at 3:44 AM UTC Last Checked: 3:44 AM UTC