About This Home

This 2-bedroom, 1-bathroom single family at 4940 Nolin Dam Road in Mammoth Cave, KY is listed for $129,900 ($206 per sqft). Built in 1996, the home offers 630 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1996
  • 0.24 acre lot

Property Details

1 full
1996
Listing Description

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.

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

4940 Nolin Dam Road

Mammoth Cave, KY 42259

Cave Hollow Bay

Features & Amenities

Interior Features

Ceiling Fan(s)

Exterior Features

Covered Front PorchOut BuildingCovered DeckStorage Building

Property Details

Flooring

VinylCarpet

Outdoor Features

PorchDeck

Cooling

Wall Unit(s)

Appliances

DryerWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4940 Nolin Dam Road is listed at $129,900 ($206/sqft). The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1996, 0.24 acre lot. Interior Features: Ceiling Fan(s). Exterior Features: Covered Front Porch, Out Building, Covered Deck.

This property is listed by Amy Cottrell.

AC

Amy Cottrell

Agent at EXP REALTY

Listed by EXP REALTY · Broker phone: 8886246448 · View on Broker Site

MLS# HK2600981· Source: Heart of Kentucky Association of Realtors· 226 days on PropertySimple

Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4940 Nolin Dam Road, Mammoth Cave, KY 42259

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