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Residential Lot in Gated Lake Community
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860 E Carol Drive, Santa Claus, IN 47579

LOTS AND LAND, Santa Claus, IN

Property SizeContact for details
Lot Size0.33 Acres
Days on Market64

Property Features for 860 E Carol Drive

General Information

Property type Land
Property subtype Other
Subdivision Christmas Lake Village Carol Hills
Lot features Corner, Partially Wooded, Slope, 0-2.9999, Subdivision
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 gatehouse continue onto Balthazar Drive. Turn right on Melchoir Dr S, left on Carol Dr, lot will be on the left on the corner of Carol and Jolly Ln.
Standard status Active
APN 74-05-12-202-033.000-005
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description CAROL HILLS LOT 84
Tax Annual Amount 48
HOA Fee $540 Annually
Legal Description CAROL HILLS LOT 84
Listing Agency: Key Associates Signature Realty
Listed By: Jacob Winkler · License #RB18001984
Added: Jun 26 Changed: Aug 26 Last Checked: Aug 28 at 8:06AM
MLS# 202625527

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 offering is a 0.33-acre residential lot with a sloping topography that runs away from the road, designed to support good drainage and accommodate a walkout basement-style home. The front portion of the property has been cleared for an inviting construction entry point, while the remainder is wooded with mature hardwood trees and cleared undergrowth, creating a private, park-like setting.

The property is located within the gated community of Christmas Lake Village. Owners have access to three private lakes—Christmas Lake, Lake Holly, and Lake Noel—along with multiple parks, playgrounds, walking areas, tennis and pickleball courts, and a recreation center with year-round activities. The community is in Santa Claus, Indiana, with nearby local attractions and recreational options.

The lot is subject to protective covenants and building restrictions intended to preserve community quality. Homes must be site-built only, with a minimum of 1,200 square feet of finished living space. Manufactured homes and camping are not permitted. This makes the property a practical fit for buyers looking to build a full-time residence or a weekend retreat within a lake-focused, amenity-rich community.

Key Highlights

  • 0.33‑acre residential lot at 860 E Carol Dr in Santa Claus, Indiana
  • Slopes away from the road and is well‑suited for a walkout basement design
  • Front of the property has been cleared; remainder has mature hardwood trees with cleared undergrowth

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Restaurant Daycare Center Discount Store Department Store

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

17
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 - Wooded, sloping lot in a gated community with lake access and year-round amenities for a site-built home.
Where is this residential land & home lot located?
The property is located at 860 E Carol Drive Santa Claus, IN.
What are key features of this property?
This property features: 0.33‑acre residential lot at 860 E Carol Dr in Santa Claus, Indiana; Slopes away from the road and is well‑suited for a walkout basement design; Front of the property has been cleared; remainder has mature hardwood trees with cleared undergrowth
More about this property
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