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Residential Lake-Adjacent Lot
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26056 Lake Terrace Circle, Elkhart, IN 46514

Residential building lot with specific home and site requirements, near Simonton Lake.

Property SizeContact for details
Days on Market121

Property Features for 26056 Lake Terrace Circle

General Information

Standard status Active
Property subtype Land
Listing Agency: Berkshire Hathaway HomeServices Goshen
Listed By: Pam French · License #IN
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Goshen

Investment Insights

Based on property information with market context.

This residential land lot is being offered for the construction of a home meeting established on-site requirements. The minimum home size is 1,200 square feet, and the home must be placed on a full basement. The property also requires cement sidewalk and driveway improvements, plus an attached two-stall garage or larger. An approved modular home is acceptable.

A cement pad is required for storage of a boat, RV, or motorhome. Motorhome storage is permitted but it cannot be lived in on the property, and it may remain on-site for up to nine months during any given year. The lot is located close to Simonton Lake, offering convenient access to the area for outdoor use.

Key Highlights

  • Residential building lot near Simonton Lake
  • Minimum 1,200 sq. ft home required
  • Home must be on a full basement

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential building lot with specific home and site requirements, near Simonton Lake.
Where is this residential land & home lot located?
The property is located at 26056 Lake Terrace Circle Elkhart, IN.
What are key features of this property?
This property features: Residential building lot near Simonton Lake; Minimum 1,200 sq. ft home required; Home must be on a full basement
More about this property
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