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Waterfront Residential Lot
For Sale
$78,000

340 W Melchoir Dr S, Santa Claus, IN 47579

LOTS AND LAND, Santa Claus, IN

Property SizeContact for details
Lot Size0.31 Acres
Days on Market51

Property Features for 340 W Melchoir Dr S

General Information

Property type Land
Property subtype Other
Subdivision Christmas Lake Village Evergreen
Lot features Level
Elementary school Lincoln Trail
Middle school Heritage Hills
High school Heritage Hills
Elementary school district North Spencer County School Corp.
Middle school district North Spencer County School Corp.
High school district North Spencer County School Corp.
Directions From the main gate, head South toward Melchoir Drive N, continue onto Kasper Dr, turn left Melchoir Drive S, the property will be on the left
Standard status Active
APN 74-05-02-304-046.000-005
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MELCHOIR LOT 31.
Tax Annual Amount 1055
HOA Fee $515 Annually
Legal Description MELCHOIR LOT 31.

Utilities

Water front features Lake
Water front 1
Listing Agency: Key Associates Signature Realty
Listed By: Kara Hinshaw · License #RB14036710
Added: Jul 9 Changed: Aug 26 Last Checked: Aug 28 at 8:06AM
MLS# 202627562

Copyright © 2026 Southwest 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.

This waterfront residential lot is located in Christmas Lake Village and offers the opportunity to build in a lake-focused community. The property is described as a lakefront setting on Christmas Lake, within the broader Christmas Lake Village with access to recreational amenities.

Residents can enjoy community features associated with the lakefront lifestyle, including a beach and swimming area, diving board, beach volleyball, parks, basketball and tennis courts, pickleball courts, playgrounds, and shelter houses. The community also includes three lakes totaling more than 230 acres: Christmas Lake, Lake Holly, and Lake Noel. Additional recreation listed for the community includes a golf course and pro shop, country club, swimming pool, and restaurant, subject to applicable fees and memberships.

The surrounding area is noted for nearby attractions including Holiday World & Splashin' Safari, Lake Rudolph, the Santa Claus Museum, Santa's Candy Castle, Lincoln Boyhood National Memorial, and Lincoln State Park.

Key Highlights

  • Waterfront lot with lake frontage on Christmas Lake
  • Build your home at 340 W Melchoir Drive S in Christmas Lake Village
  • Community amenities include a beach and swimming area, plus a diving board

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage Hair Salon Dental Office Bakery Skin Care Clinic

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

23
Businesses Nearby

Demographics for 47579, IN

2,715
Population
1,171
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
99%
High-School Grad
11.5 sq mi
ZIP Area
236
Density / Sq Mi
$95,313
Median Household Income
$54,598
Median Earnings
$1,100
Median Rent
$249,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Waterfront lot in Christmas Lake Village with access to community beach and multi-lake recreation.
Where is this residential land & home lot located?
The property is located at 340 W Melchoir Dr S Santa Claus, IN.
What is the asking price?
The asking price for this property is $78,000.
What are key features of this property?
This property features: Waterfront lot with lake frontage on Christmas Lake; Build your home at 340 W Melchoir Drive S in Christmas Lake Village; Community amenities include a beach and swimming area, plus a diving board
More about this property
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