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Residential Income Retreat with 3BR/2BA

57507 Red Bud Lane Elkhart, IN 46517

57507 Red Bud Lane, Elkhart, IN, 46517
$535,900
For Sale
$535,900

MULTI_FAMILY - Elkhart, IN

Property Size1,054 SF
Lot Size8.01 Acres
Price / SF$508.44
Days on Market141

Property Features for 57507 Red Bud Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking
5
Standard status
Active
APN
20-05-15-153-009.000-001
Size
1,054 SF
Lot size
8.01 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TREEHOUSE ACRES LOT 2
Tax Annual Amount
1444

Utilities

Cooling system
Multi Units
Water front features
Creek
Water front
1

Building Details

Year built
2025
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Architectural style
Other
Listing Agency Berkshire Hathaway HomeServices Elkhart
2020-B Elkhart Rd., Elkhart, IN
Listed by Ashley Lambright · License #RB16001927
Added: Feb 26 Checked: Jul 17 at 7:06 pm
MLS# 202606184

Copyright © 2026 Elkhart County Board 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.


Investment Insights

Based on property information with market context.

Tree House Acres is a newly built residential income property completed in 2025 and currently operating as a short-term rental. The home offers three bedrooms and two bathrooms with modern finishes, set on private acreage described as a peaceful, wooded setting. The property is sold fully furnished, and the listing notes it is sold “fully furnaced.”

The asset is located at 57507 Red Bud Lane in Elkhart, Indiana, on approximately 8.01 acres. According to the remarks, it is about 25 minutes from the University of Notre Dame. The retreat-style layout and surrounding wooded environment are positioned as core drivers of the guest experience, supported by the fact that the home is already operating as an Airbnb.

For buyers seeking a turnkey short-term rental, this provides an immediately operating setup rather than new construction without performance history. The seller states that, using June 2026 income and expenses, the property’s cap rate will be 10%. The remarks also indicate the property is expandable, though no additional scope or design details are provided in the listing materials.

Key Highlights

  • 8‑acre income‑producing retreat built in 2025, operating as a 3‑bedroom/2‑bath Airbnb
  • Waterfront feature includes a creek on the property
  • Property condition: under construction

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Dental Office Building Supply Hair Salon Auto Parts Store Auto Repair Shop Spa & Massage Center Nail Salon HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Built in 2025 and currently operated as an Airbnb on private acreage near Notre Dame.
Where is this single family property located?
The property is located at 57507 Red Bud Lane Elkhart, IN.
What is the asking price?
The asking price for this property is $535,900.
What are key features of this property?
This property features: 8‑acre income‑producing retreat built in 2025, operating as a 3‑bedroom/2‑bath Airbnb; Waterfront feature includes a creek on the property; Property condition: under construction
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