$317,500
$350,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
4945 E Indiana Beach Road Monticello, IN 47960-1268
10,454 Sqft Lot
Key Details
Sold Price $317,500
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Sold
Purchase Type For Sale
Subdivision Untalulti
MLS Listing ID 202502645
Year Built 1953
Annual Tax Amount $2,600
Tax Year 2024
Lot Size 10,454 Sqft
Property Sub-Type Hotel & Motel
Property Description
Lake Shafer Resort Property – 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. Don't miss the chance to own this unique and highly desirable waterfront property!
Location
State IN
County White County
Area White County
Interior
Flooring Carpet, Laminate, Tile
Laundry , 6
Exterior
Fence Chain Link, PVC, Wood
Waterfront Description Lake
Roof Type Shingle
Building
Story 2
New Construction No
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IDX information provided by the Indiana Regional MLS
Bought with WhiteCo NonMember • NonMember WH