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Photos
7332 N East Shafer Drive, Monticello, IN 47960
$5,250,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
8
baths
7,611
sqft
Built in
1997
This private oasis is a self-sustained retreat with 3000 linear feet of waterfront property sitting on 160 private acres on Lake Shafer, forest, trails, ponds and even farmland. You will find two boat houses each equipped with automatic boat lifts which accommodate pontoon boats, jet boats, jet skis and paddle boats. On the water you will also find a sizable pier, sandy beach, beach volleyball court and fire pit. In one boat house there is a party room,??fully functioning kitchen, powder room, a wrap-around partially covered deck that overlooks the water and a BBQ area equipped with gas grills and picnic benches.? The New England style main house greets you with an enormous wrap-around porch. This home was built for comfort and entertaining with 3 bedrooms and sleeping nooks which can easily sleep 12, 4 full baths, one powder room, laundry room, a cathedral ceiling great room, formal dining room, full functioning kitchen with coffee bar plus 2 stone fireplaces and a sizable comfy loft. The stunning guest house has 3 bedrooms, can easily sleep 11, 3 full baths, a great room, full kitchen plus dining area, family room that leads to the deck with a hot tub, plus an outdoor shower.?Want to play a game of basketball, enjoy the full-sized outdoor basketball court.? The impressive barn has six stalls and can house horses, goats and cows easily. The barn has a full bath on the main level, a guest suite in the silo/turret with a living room, kitchenette, bedroom and full bath. Upstairs there is an indoor half-court basketball court and full workout area.?There are fenced in horse pastures surrounded the barn and land as well. The fishing hut sleeps 4 with a kitchenette, full bath and covered deck overlooking the bass stocked aerated pond.?Of course you need a place for the toys, the oversized, newly built shed with heating and cooling can hold those 3 wheelers, motor bikes, snowmobiles, store the boats and collector cars. The newly renovated carriage house is a site to be seen. Set on the South edge of the property, this home overlooks the lake and the bayou with direct access to the water from the tiered cement break wall. This home is an entertainer’s dream with sliding door entrances to patios, a fenced in yard. Gorgeous chefs’ kitchen, formal and informal dining areas, al fresco dining space outside, a massive great room, 4 built-in sleeping books with lighting, electric and wi-fi, 2 bedrooms, 3 full baths provides ample arrangements for all guests.
Features & Amenities
Interior
- Basement:
- Finished
- Flooring:
- Hardwood Floors,Stone
- A/C:
- Central Air
- Heating:
- Gas,Forced Air,Heat Pump
- Fireplace:
- Family Rm,Living/Great Rm,Wood Burning,Gas Starter, Fireplace, Fireplaces: 2
Exterior
- General:
- Wood
- Style:
- Other
Construction
- Roofing:
- Wood,Shingle
- General:
- Two Story, Finished
Location
- HOA Amenities:
- Not Applicable
- School District:
- Twin Lakes School Corp.
Lot
- Driveway:
- Asphalt
- Zoning:
- 21-28-3 Out E/S Sw 4.648 Out W Se 59.437 W/S E 26.32 618, 91-83-21-000-004.500-010
Utilities
- Water:
- Well
This listing courtesy of:
BerkshireHathaway HS IN Realty, Laura Topp
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Monticello, IN
Housing
- Number of Units
- 9,317
- Median Home Value
- $133,490
- Median Rent
- $502
19.17% of housing units are renter occupied.
32.77% are vacant.
Commute
- Car
-
93.74%
- Public Transportation
-
0.36%
- Walk to Work
-
0.94%
- Work from Home
-
4.20%
- Other
-
0.73%
The median travel time to work is 25 minutes.
People
- Population
- 14,379
- Median Age
- 48.80
- Median Household Size
- 2.45
Education
- High School
-
42.28%
- Associate’s Degree
-
8.57%
- Bachelor’s Degree
-
8.57%
- Graduate Degree
-
5.36%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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