5739 Paradise Drive, Martinsville, IN 46151

• 3 beds |
• 2 baths |
• 2,644 sqft

Property Description

Location, Location, Location - Welcome home to this charming Cape Cod-style LAKEFRONT retreat on nearly 1 ACRE in highly sought-after Paradise Lake neighborhood! 5 minutes from Mallow Run Winery, 10 minutes to Bargersville, 15 minutes to Franklin, 20 minutes to surrounding cities: Greenwood, Mooresville, Martinsville, and Indianapolis! Situated on a SPACIOUS CORNER LOT consisting of three parcels, this property offers the rare combination of space, water access, privacy, and convenience. Enjoy peaceful lake views all while being centrally located between surrounding cities and everyday amenities. This home has undergone an extensive list of recent improvements, making it truly move-in ready. Major 2025-2026 updates include a NEW ROOF, NEW GUTTERS and gutter guards, NEW SEPTIC SYSTEM, NEW WATER HEATER, new waterproof laminate hardwood flooring, fresh interior and exterior paint, and much more throughout. As you step inside through your covered front porch, you'll find a warm and inviting floor plan enhanced by a built-in electric fireplace and entertainment center in your living room. The main level flows seamlessly into the galley-style kitchen, where picturesque water views create a beautiful backdrop and provide easy access to the private BACK DECK -perfect for relaxing and taking in the lakefront setting. Also on the main level is a generously sized bedroom and an updated full bath featuring a luxurious walk-in shower. Upstairs, a versatile loft area offers additional space along with ample storage closets. A generously sized bedroom offers flexibility for family, guests, or a home office, while the EXPANSIVE PRIMARY SUITE feels like a private retreat, complete with a walk-in closet, updated full bath, and its own PRIVATE BALCONY overlooking the property. With lakefront living, a PRIVATE DOCK, nearly an acre, three parcels, 2,644 square feet, and substantial recent updates, this home offers a unique opportunity in a desirable setting

Listing Status:

Active

Data Last Updated:

October 9, 2026 at 7:17AM

Listing Office:

Highgarden Real Estate : 765-318-2773

Listing Agent:

Sydney Wolfe : 765-318-2773

MLS ID:

22126333

Interior

• General: Walk-In Closet(s)
• Appliances: Electric CooktopDishwasherDryerElectric Water HeaterMicroHoodMicrowaveElectric OvenRefrigeratorWasher
• A/C: Central Air
• Heating: Natural Gas
• Fireplace: ElectricInsertFireplaces: 1

Exterior

• General: BalconyBarn MiniStorageGutter GuardsFire PitStorage Shed
• Style: Cape Cod
• Other Structures: DeckCovered
• Parking: Attached

Construction

• Windows: Skylight(s)
• General: TwoCrawl Space

Location

• HOA Amenities: 480.0Annually
• Originating MLS: mibor
• School District: MSD Martinsville Schools
• County: Morgan

Lot

• Zoning: Lot 41 Blk A Paradise Lake Lot 42 Blk A Paradise Lake551001185001000009
• View: LakeTrees/WoodsWaterView
• Fencing: Chain LinkGate

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected
• Water: Public

Financial

• Source: mibor