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Modern Luxury Duplex with Cathedral Entry

10340 Lakeview Drive St John, IN 46373

New
10340 Lakeview Drive, St John, IN, 46373
$514,900
For Sale
$514,900

SINGLE_FAMILY - St. John, IN

Property Size1,750 SF
Lot Size0.24 Acres
Price / SF$294.23
Days on Market3

Property Features for 10340 Lakeview Drive

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Dining Room, Basement, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Family Room, Bedroom 2
Parking features
Driveway, Garage, Open, Oversize
Window features
Insulated Windows
Patio and Porch features
Porch
Interior features
Cathedral Ceiling(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Double Vanity, Ceiling Fan(s)
Fireplace
1
Basement
Full, Unfinished, Daylight
Appliances
Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range
Standard status
Active
APN
451504201002000015
Size
1,750 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
THREE SPRINGS ADD PHASE 3 BL.1 PT. OF LOT 23 (10340 LAKEVIEW DR)
Tax Annual Amount
14

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
2026
Floors in Building
1
Listing Agency Keller Williams Preferred Real
16101 108th Ave, Schererville, IN
Listed by Thomas Cummings · License #475158776
Added: Jul 16 Checked: Jul 18 at 8:06 am
MLS# 842388 Listing URL

Copyright © 2026 Greater Northwest Indiana 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.


Investment Insights

Based on property information with market context.

New construction duplex offering an open-concept floor plan with a cathedral entry and soaring ceilings in the great room and kitchen. The kitchen includes quartz countertops, soft-close cabinetry and drawers, an oversized sink, a walk-in pantry, and premium black hardware and plumbing fixtures, opening to a spacious great room with a fireplace. Engineered hand-scraped hardwood flooring runs through the main living areas, with ceramic tile in the bathrooms, wainscoting in the dining room, and custom trim details including 5 1/4-inch baseboards and solid 2-panel doors.

The property is located at 10340 Lakeview Drive in St. John, Indiana (Lake County), with an estimated completion date of 12/26. Exterior finishes include stone, board and batten, and vinyl siding, Andersen 100 Series double-hung windows, and lifetime architectural shingles.

Additional features include a full daylight basement with 9-foot foundation walls and bathroom rough-in, high-efficiency HVAC, a direct-vent water heater, convenient upper-level laundry, and a covered rear porch. The home also includes a spacious 14' x 14' lanai and a finished attached garage with opener, plus professional landscaping.

Key Highlights

  • New construction duplex under construction (YearBuilt 2026) with an estimated completion date of 12/26
  • Open‑concept main living area with cathedral ceilings, high ceilings, kitchen island, and granite counters
  • Gourmet kitchen with walk‑in pantry plus gas range and gas water heater

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.3k $15.00
− Vacancy −$1.4k −$0.80
EGI $24.9k $14.20
− OpEx −$7.5k −$4.26
NOI $17.4k $9.94
1,750 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$248.5K
$217.5K – $290.0K (±1% cap)
NOI $17,397 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$221.2K
$193.5K – $258.1K (±1% cap)
NOI $15,483 @ 7.0% cap · market cap 3.01%
Theoretical Best
Specialty Retail
$488.5K
$427.5K – $570.0K (±1% cap)
NOI $34,197 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - New construction duplex features open-concept living, cathedral entry, and a finished attached garage.
Where is this duplex located?
The property is located at 10340 Lakeview Drive St John, IN.
What is the asking price?
The asking price for this property is $514,900.
What are key features of this property?
This property features: New construction duplex under construction (YearBuilt 2026) with an estimated completion date of 12/26; Open‑concept main living area with cathedral ceilings, high ceilings, kitchen island, and granite counters; Gourmet kitchen with walk‑in pantry plus gas range and gas water heater
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