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Two Lakefront Lots in Residential Community
For Sale
$170,000
Pending

3210 Kestrel Court, Martinsville, IN 46151

LAND - Martinsville, IN

Property SizeContact for details
Lot Size6.52 Acres
Days on Market56

Property Features for 3210 Kestrel Court

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Falcon Crest
Lot features Rural - Subdivision, Mature Trees, Trees- Small ( Under 20 Ft)
Elementary school Centerton Elementary School
Middle school John R. Wooden Middle School
High school Martinsville High School
Elementary school district MSD Martinsville Schools
Middle school district MSD Martinsville Schools
High school district MSD Martinsville Schools
Directions GPS Friendly
Standard status Pending
APN 550814200007008014
Lot size 6.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 14 FALCON CREST 2.495 A
HOA Fee $1,000 Annually
Legal Description LOT 14 FALCON CREST 2.495 A

Utilities

Sewer type Septic Needed
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Michelle Chandler · License #RB14035890
Added: Jun 11 Changed: Aug 1 Last Checked: Aug 5 at 2:06AM
MLS# 22107345

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.

This offering includes two lakefront lots sold together in a residential setting, presented as a combined development site. The property totals approximately 6.5 acres and features over 300 feet of direct lake frontage, with direct access to the water for a custom home plan.

Located in the Falcon Crest community on a quiet cul-de-sac, the lots provide a private, residential environment with natural surroundings typical of a rural area. The property is in Morgan County, with Martinsville identified in the listing address and Indiana provided for the state.

For buyers looking to build a custom residence, the combination of acreage and extensive lake frontage supports a range of home designs while keeping the site positioned for quiet cul-de-sac living. The residential zoning designation aligns with single-family development, making this a straightforward match for prospective homeowners seeking a lakefront build site.

Key Highlights

  • Two lakefront lots sold together in the Falcon Crest community (Morgan County)
  • Approx. 6.5 acres with over 300 feet of direct lake frontage
  • Direct access to the large lake for waterfront recreation

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Repair Shop Pet Grooming Service

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

11
Businesses Nearby

Demographics for 46151, IN

32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
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?
Waterfront Land - Two parcels with direct lake frontage and residential zoning, set on a quiet cul-de-sac for a custom lakeside build.
Where is this waterfront land located?
The property is located at 3210 Kestrel Court Martinsville, IN.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Two lakefront lots sold together in the Falcon Crest community (Morgan County); Approx. 6.5 acres with over 300 feet of direct lake frontage; Direct access to the large lake for waterfront recreation
More about this property
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