Search
Anchor Bay Lakefront Resort
For Sale
$1,050,000

2373 N Untalulti Dr, Monticello, IN 47960

Eleven updated guest units support an established lakeside hospitality operation.

Property Size2,862 SF
Price / SF$366.88
Days on Market38

Property Features for 2373 N Untalulti Dr

General Information

Standard status Active
Size 2,862 SF

Building Details

Year Built 1933
Listing Agency: Koppelmann Real Estate
Listed By: John Koppelmann, CRS, e-PRO, GRI, SRES
Source: Spencerchildersgroup
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 29 at 11:34AM

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 Koppelmann Real Estate

Investment Insights

Based on property information with market context.

Anchor Bay Resort is a hospitality property with 11 updated units, including a two-bedroom unit that may accommodate owner quarters. The improvements also include an in-ground pool, pool house, game room, playground, piers, a lakeside walkway, outdoor gathering areas, firepits, kayaks, paddleboats, and cornhole equipment. The property was built in 1933 and encompasses 2,862 square feet.

Situated at 2373 N Untalulti Dr in Monticello, Indiana, the resort extends along more than 300 feet of Lake Shafer waterfront. Indiana Beach Amusement Park is within a short walk, adding a nearby recreational destination to the property's lakeside setting. The combination of guest accommodations, waterfront access, and on-site amenities supports continued resort use.

Key Highlights

  • 11 updated units, including a 2‑bedroom unit that could serve as owner’s quarters
  • Over 300 feet of Lake Shafer waterfront
  • In‑ground pool with pool house and game room

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Cafe & Coffee Shop Real Estate Agency

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

89
Businesses Nearby

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Resort - Eleven updated guest units support an established lakeside hospitality operation.
Where is this resort located?
The property is located at 2373 N Untalulti Dr Monticello, IN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 11 updated units, including a 2‑bedroom unit that could serve as owner’s quarters; Over 300 feet of Lake Shafer waterfront; In‑ground pool with pool house and game room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message