Residential Waterfront Lot
Lake S Drive Martinsville, IN 46151
New
For Sale
$359,000
LAND - Martinsville, IN
Lot Size2.82 Acres
Days on Market3
Property Features for Lake S Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 551407485003000012
- Lot size
- 2.82 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 117A Painted Hills Subdivision 2nd Sec.
Utilities
- Sewer type
- Septic Needed
- Water front
- 1
Listing Agency:
Doc Real Estate, Inc
(317) 888-7333
Listed By:
Brian Ferguson
(317) 908-0531
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 5:06PM
MLS# 22116413
Copyright © 2026 MIBOR Service Corporation. 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.
Four adjoining wooded lots are being offered together, totaling approximately 2.82 acres, with residential zoning. The parcel includes road frontage and waterfront access on scenic Lake Nebo, providing a natural, tree-lined setting for a custom home build.
Access and community benefits are supported through an HOA, which includes access to Lake Holiday, described as a private 150-acre ski lake for boating, skiing, tubing, swimming, and fishing, plus Lake Nebo, described as a 46-acre lake for kayaking, paddleboarding, and relaxing on the water. Community amenities listed include a private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, and multiple fishing and swimming docks.
The HOA and community amenities are positioned to support year-round use, along with members-only social events as described in the remarks.
Access and community benefits are supported through an HOA, which includes access to Lake Holiday, described as a private 150-acre ski lake for boating, skiing, tubing, swimming, and fishing, plus Lake Nebo, described as a 46-acre lake for kayaking, paddleboarding, and relaxing on the water. Community amenities listed include a private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, and multiple fishing and swimming docks.
The HOA and community amenities are positioned to support year-round use, along with members-only social events as described in the remarks.
Key Highlights
- Four adjoining wooded lots totaling approx. 2.82 acres in the Painted Hills Lake Community
- Road frontage with waterfront access on scenic Lake Nebo
- HOA includes access to Lake Holiday, a private 150‑acre ski lake for boating, skiing, tubing, swimming, and fishing
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waterfront Land
FAQs
What type of property is this?
Waterfront Land - Four adjoining wooded lots with road frontage and waterfront access, offered in a residential setting.
Where is this waterfront land located?
The property is located at Lake S Drive Martinsville, IN.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Four adjoining wooded lots totaling approx. 2.82 acres in the Painted Hills Lake Community; Road frontage with waterfront access on scenic Lake Nebo; HOA includes access to Lake Holiday, a private 150‑acre ski lake for boating, skiing, tubing, swimming, and fishing
