3515 Mitchellsburg Knob Road, Parksville, KY 40464

Motivated Seller is offering buyer(s) a $5,000 closing allowance to apply toward closing costs, rate buy-down, or other buyer needs (available through 2/15/26). Tucked away off Mitchellsburg Knob Road, this thoughtfully designed 5 bed, 3.5 bath ranch with a partially finished walkout basement offers exceptional flexibility for multi-family or multi-generational living, all while being just 20 minutes from downtown Danville. With nearly 4,500sf between main level and basement, the layout provides both shared gathering spaces and/or private living options, ideal for extended family, guests, or potential rental income. The main level is ADA compliant, offering true one level living with wide, accessible spaces. Natural light fills the home, highlighting recent updates throughout. The first floor features an eat-in kitchen, open-concept dining and living area, a spacious primary suite with ensuite bath, two additional bedrooms, and a full bath, designed for comfort, accessibility, and ease of daily living. The walkout basement expands the home's versatility, featuring its own parking pad, a newly added full bathroom, two bedrooms (one partially finished), and a large open area ready to be customized. This level is perfectly suited for separate living quarters, a private in-law suite, or an income-producing rental, allowing buyers to finish the space to meet their specific needs. Sitting on 2.32 peaceful acres, the property also includes a large barn with office and storage space, making it ideal for a home-based business, workshop, studio, or hobby space, while still maintaining privacy from the main residence. Partial fencing and serene views enhance the quiet, country atmosphere. This property offers a rare opportunity to enjoy secluded, nature filled living, flexible housing options, and modern upgrades; all within the sought after Boyle County school district. Whether you're looking to homestead, accommodate extended family, generate income, or run a business from home, this property delivers space, adaptability, and tranquility in one exceptional setting.