Waterfront - Master on Main
7332 NE Shafer Drive Monticello, IN
$ 4,500,000
Property Attributes
  • MLS#10847142
  • TypeSingle Family
  • CountyLAKE
  • CityMonticello
  • AreaIndiana and East
  • Zip47960
  • Style
  • Year Built1997
  • Taxes15729
  • Price$ 4,500,000
  • Bedrooms6
  • Full Bathrooms7
  • Half Bathrooms1
  • Lot Size132 Acres
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Chicago
Property Description

Need space, self-sustaining, multi-family and multi-generational? Here it is! Create new memories for years to come with your family, your children's families, your grandchildren's families & the families of friends, all safely distanced with comfort and privacy. Want an entertainer's paradise... beach front, boating, skiing, volleyball, kid's playground, outdoor basketball court, indoor basketball court, workout facility, horses, stables, horseback riding trails, fishing, hiking trails, farming, gardening, nature, beauty, self-sustainability? All of this can be found in this one property for you or several families for you to share comfortably and easily. Residing on 132 acres are several buildings including the expansive Hampton Shingle Style main house, newly renovated guest house, 2 boat houses - 1 w/ a kitchenette, powder room, deck for grilling & an outdoor basketball court. Walking away from the waterfront there is a fully-functioning barn, w/ an attached apartment overlooking two horse pastures. The barn is equipped with 6 horse stables, an indoor basketball court & work out area. Adjacent, sits a small fishing cabin on a private pond stocked w/ bass. Lastly, a 6+ car garage w/private guest suite on its own floor. Impeccable craftsmanship went into curating this incredible property. Endless possibilities: second home, vacation home, equestrian camp, corporate retreat, rehabilitation center, Children's Camp, spa, bed & breakfast, AirBNB/VRBO, Event space, Development & plenty of acreage for a vineyard.

Elementary School Middle School High School
Twin Lakes Elementary School Roosevelt Middle School Twin Lakes High School
Price History
9/4/2020 Listed $4,500,000

General Features

Architectural Style Other
Community Features Horse-Riding Area, Lake, Dock, Water Rights, Gated
Elementary School Twin Lakes
Exterior Features Porch, Hot Tub, Boat Slip, Outdoor Grill, Fire Pit, Box Stalls
HOA Fee Frequency Not Applicable
Heating Natural Gas
High School Twin Lakes
Interior Features Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
Junior High Roosevelt
New Construction No
Parking Features Driveway
Property Type Detached Single
Property Type Residential
Roof Shake
Sewer Septic-Private
Standard Status Active

Interior Features

Basement Finished
Bathrooom Whirlpool, Separate Shower, Double Sink, Soaking Tub
Bedroomspossible 6
Full Baths 7
Half Baths 1
Total Baths 8
Total Bedrooms 6

Exterior Features

Exterior Wood Siding
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 132
Lot Features Beach, Horses Allowed, Pond(s), River Front, Water View, Wooded

Room Details

Room Dimensions Level Flooring Details
2nd Kitchen 10X12 Main Level
5th Bdrm 11X14 Main Level
6th Bdrm 19X23 2nd Level
Dining Room 17X21 Main Level
Family Room 17X15 Main Level
Living Room 27X23 Main Level
Master Bedroom 29X32 Main Level Hardwood


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 47960

AVG $450K
AVG $1,903
Year Built
AVG 1974

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.