1518 Gilbert Rd Marysville, IN 47141
This exceptional 189-acre property in Marysville, Indiana presents a unique opportunity for discerning buyers. The centerpiece is a stunning 4725-square-foot log home, offering breathtaking lake views and featuring three fireplaces. The home overlooks a private 16-acre lake, boasting a depth of 28 feet, perfect for recreation and enjoying the abundant wildlife. The property boasts a rich natural landscape, including rolling pastures, wooded hills, two creeks, and three natural springs. All utilities are conveniently underground, connected to city water. For those with agricultural or equestrian interests, the property includes an Amish-built horse barn and a large equipment barn/workshop, which also features a furnished apartment. The secluded location, situated at the end of a dead-end road, ensures ultimate privacy. The land is known for its abundance of wildlife, including deer and turkey. The current owner is open to exploring various financial arrangements, including seller financing, 1031 exchanges, and other investment opportunities. The property has also been successfully operated as a high-end Airbnb, demonstrating its potential for generating rental income. The seller is particularly interested in exploring investment opportunities in other income-producing properties or in Vero Beach, Florida. This is a truly remarkable property offering a blend of luxury living, recreational opportunities, and significant investment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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