Gated Homesite in Falling
For Sale
$84,900
81 Morena Terrace, Crown Point, IN 46307
Build-ready homesite within the gated Falling Waters community with wooded surroundings and water views.
Property Size22,216 SF
Price / SF$3.82
Days on Market236
Property Features for 81 Morena Terrace
General Information
Standard status
Active
Size
22,216 SF
Property subtype
Land / Unimproved Land
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$1,553
Listing Agency:
Weichert Realtors - Shoreline
(219) 398-8891
Listed By:
Andrew Moroz · License #RB23002116
(219) 398-8891
Source:
Compass
Added: Dec 19, 2025
Changed: Aug 8
Last Checked: Mar 25 at 2:34PM
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 Weichert Realtors - Shoreline
Investment Insights
Based on property information with market context.
This for-sale land parcel is located within the gated Falling Waters community, offering a private, resort-like setting with wooded homesites and water views. The neighborhood is described as having strong pride of ownership, with custom-built homes ranging from upscale to luxury.
Falling Waters is positioned in Crown Point, with community lifestyle centered around the historic Downtown Square and Bulldog Park. The area is also presented as offering access to shopping, dining, parks, and recreation, while remaining approximately 40 minutes from downtown Chicago.
The parcel is part of a community that features quiet walking areas and wildlife and natural scenery as part of everyday life, supported by a gated entrance for added privacy. Annual events and seasonal activities are highlighted throughout the year, including summer and holiday celebrations.
Falling Waters is positioned in Crown Point, with community lifestyle centered around the historic Downtown Square and Bulldog Park. The area is also presented as offering access to shopping, dining, parks, and recreation, while remaining approximately 40 minutes from downtown Chicago.
The parcel is part of a community that features quiet walking areas and wildlife and natural scenery as part of everyday life, supported by a gated entrance for added privacy. Annual events and seasonal activities are highlighted throughout the year, including summer and holiday celebrations.
Key Highlights
- Build‑ready homesite in the gated Falling Waters community
- Wooded surroundings with water views
- Falling Waters provides a private, resort‑like setting with quiet walking areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready homesite within the gated Falling Waters community with wooded surroundings and water views.
Where is this residential land & home lot located?
The property is located at 81 Morena Terrace Crown Point, IN.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: Build‑ready homesite in the gated Falling Waters community; Wooded surroundings with water views; Falling Waters provides a private, resort‑like setting with quiet walking areas
