4238 Johnson Rd La Porte, IN 46350
This exceptional 5.73-acre property in La Porte County, Indiana, presents a unique investment opportunity with limitless potential. The main structure is a substantial two-story residence, boasting 6,888 square feet (4,968 square feet above grade), five bedrooms, five bathrooms, an in-ground pool, multiple fireplaces, and a three-car attached garage. Currently operating as a successful Airbnb, this impressive home offers comfortable living space and immediate income generation. The property also includes a versatile 3,200-square-foot commercial/industrial building equipped with five restrooms and four kitchenettes, currently used as a preschool. Additional structures enhance the property's appeal, including a four-stall horse barn, grazing pasture, poultry house, gazebo, and a lean-to shed. The property is zoned General Commercial (B-2), allowing for diverse development options. Its idyllic country setting is conveniently located midway between La Porte and Michigan City, offering easy access to the Indiana Dunes National Park, Chicago (40 miles), and South Bend (30 miles). This remarkable property is ideal for a variety of uses, from a unique event venue to a private retreat or a combination of both. The existing infrastructure and zoning provide a solid foundation for a successful venture, requiring only vision and imagination to unlock its full potential. The asking price is $795,000. The address is 4238 W Johnson Rd, La Porte, IN 46350.
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The Promise Family Ministries Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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