4945 E Indiana Beach Rd, Monticello, IN 47960
Lake Shafer Resort Property â?? A Prime Waterfront Retreat near Indiana Beach Nestled along the serene shores of Lake Shafer, this resort-style property offers an exceptional opportunity for investors or those seeking a picturesque lakeside retreat. Located just minutes from the vibrant attractions ... of Indiana Beach, this property is the ultimate destination for relaxation and entertainment. 6 Rental Units: A variety of cozy accommodations perfect for short-term or long-term stays, each with unique charm and comfort to meet guest needs. Inground Pool: A sparkling pool surrounded by a spacious deck area, ideal for lounging or hosting outdoor gatherings. Multiple Decks & Multilevel Designs: Expansive decks provide breathtaking views of the lake, with plenty of space for outdoor dining, grilling, or simply soaking up the sun. Waterfront Views: Enjoy direct access to Lake Shafer with stunning views of the water from almost every corner of the property. A private dock adds convenience for boating, fishing, or watersports. The main house features two spacious bedrooms, a dedicated office space, and an open-concept living and dining area, offering a comfortable and private living option for the owner or property manager. Flexible potential as a short-term rental business or private family compound. This Lake Shafer gem is a rare find with endless possibilities for investors or those looking to create a dream lakeside lifestyle. Donâ??t miss the chance to own this unique and highly desirable waterfront property!
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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