5088 E Indiana Beach Rd Monticello, IN 47960

Building Details

Year Built

1940

Listing office Raeco Realty

Listing date May 24, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Alexander’s Landing is a waterfront resort property located on the shores of Lake Shafer in Monticello, Indiana, minutes from Indiana Beach Amusement & Water Park. This hospitality investment features nine guest units with accommodations for up to 56 guests. The suites include kitchen amenities and gathering areas. Guests can enjoy lakefront views, direct water access with boat docking, and outdoor deck spaces. Recent improvements include a firepit area, pool heater and pool HRV system, a hot tub, and updated furniture. Alexander’s Landing is suited for vacationing families, large groups, weekend getaways, and corporate retreats. The property has a reputation as a destination, backed by guest reviews, repeat clientele, and a successful operating history. This property is an opportunity for investors seeking a short-term rental or boutique hospitality asset. The property size is 3376 square feet.

Key Highlights

• Turnkey waterfront resort property on Lake Shafer with proven income performance.
• Nine guest units accommodating up to 56 guests, ideal for various group sizes.
• Direct water access with boat docking and expansive outdoor deck spaces.

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FAQs

What type of property is this?

Resort - Established resort with lake views, water access, and strong income.

Where is this resort located?

The property is located at 5088 E Indiana Beach Rd Monticello, IN.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Turnkey waterfront resort property on Lake Shafer with proven income performance.; Nine guest units accommodating up to 56 guests, ideal for various group sizes.; Direct water access with boat docking and expansive outdoor deck spaces.