Waterfront

Otterbein, IN Waterfront Land for Sale

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Private Lake Waterfront Land Lot
Updated: Jun 18
Private Lake Waterfront Land Lot

10240 E 975 N Lot 33, Otterbein, IN 47970

$125,000
1.62 AC lot
Waterfront lot opportunity on Otterbein Lake with “Lake” waterfront features
140‑acre private lake with boating, fishing, and skiing
Lot sizes range from 1 acre to 6 acres
Protective covenants and an architectural control committee are in place
Located about 10 miles west of Purdue University
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Waterfront Residential Land Lot
Updated: Jun 18
Waterfront Residential Land Lot

10240 E 975 N Lot 30, Otterbein, IN 47970

$150,000
1.40 AC lot
Waterfront lot(s) at The Preserve at Eagle Shores on Otterbein Lake with lake views
Otterbein Lake is a 140‑acre private lake with boating, fishing, and skiing
Lot sizes range from 1 acre to 6 acres
Nature‑focused, secluded community with protective covenants and an architectural control committee
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Waterfront Residential Land Lot
Waterfront Residential Land Lot

10240 E 975 N Lot 34, Otterbein, IN 47970

$110,000
2.02 AC lot

Build-ready lot in a nature-focused, private-lake community with protective covenants and architectural controls.

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Waterfront Lot in Private Lake Community
Waterfront Lot in Private Lake Community

10240 E 975 N Lot 36, Otterbein, IN 47970

$65,000
1.61 AC lot

Build on a waterfront lot within a private-lake community with protective covenants and architectural controls.

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Waterfront Residential Lot
Waterfront Residential Lot

10240 E 975 N Lot 23, Otterbein, IN 47970

$75,000
1.10 AC lot

Build-ready lot in a private-lake community with protective covenants and lake recreation opportunities.

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Waterfront Residential Building Lot
Waterfront Residential Building Lot

10240 E 975 N Lot 38, Otterbein, IN 47970

$65,000
1.06 AC lot

Residential building lot within a private lake community with protective covenants and architectural control.

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Waterfront Residential Lot
Waterfront Residential Lot

10240 E 975 N Lot 37, Otterbein, IN 47970

$65,000
1.06 AC lot

Build on a private-lake lot within a controlled, nature-oriented community near Otterbein.

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Private Lakefront Home Site
Private Lakefront Home Site

10240 E 975 N Lot 35, Otterbein, IN 47970

$65,000
1.40 AC lot

Build on a private lake community lot with protective covenants and architectural control in place.

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Waterfront Residential Lot
Waterfront Residential Lot

10240 E 975 N Lot 21, Otterbein, IN 47970

$75,000
1.10 AC lot

Buildable residential lot at The Preserve at Eagle Shores with access to a private 140-acre lake and architectural controls.

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Private Lakefront Home Lot
Private Lakefront Home Lot

10240 E 975 N Lot 39 lot: 36, Otterbein, IN 47970

$65,000
1.06 AC lot

Build your home on a private lake community lot with protective covenants and established architectural control.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Otterbein, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Recreational Waterfront Land Tract
Recreational Waterfront Land Tract

5150 W Wander Road, Williamsport, IN 47993

$1,375,000
144.00 AC lot

For sale in Warren County, IN: 144+/- acres with a private pond, tillable ground, and established timber.

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Lakefront Building Lots
Lakefront Building Lots

31 N Diamond Point Road, Monticello, IN 47960

$219,900
0.42 AC lot

Two shovel-ready lakefront parcels offer gentle waterfront access with building sites outside the flood zone.

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Water-Access Lakeview Interior Lot
Water-Access Lakeview Interior Lot

2014 Deepwater (Lot 26) Loop lot: 26, Monticello, IN 47960

$59,900
0.25 AC lot

Build an interior home with shared access to Lake Shafer through a private community dock in a homeowner-only lakeside setting.

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Lakeview Bay Interior Homesite
Lakeview Bay Interior Homesite

2146 Deepwater (Lot 36) Loop lot: 36, Monticello, IN 47960

$74,999
0.34 AC lot

Interior lot in Lakeview Bay with shared access to Lake Shafer via a private community dock.

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Otterbein, IN Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Otterbein, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $860,000.

Sale prices for water rights properties in Otterbein, IN start at $65,000, averaging $86,000, and reaching up to $150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 10
Residential land & home lots 8
Recreation land 1

Demographics Overview

Population 2,634
Population Growth (5Y) +43.9%
Median Household Income $72,468
College Educated 31.9%

High-Yield Neighborhoods for Investment

Identify Otterbein submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47970 $86K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $37.96 per SF
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

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