$840,000
RARE LAKE MANITOU DEVELOPMENT OPPORTUNITY WITH VINTAGE LAKESIDE CHARM! For the first time ever, this unique property is available—a generational opportunity on Lake Manitou. This offering includes two platted lakefront lots (60' and 40' wide), providing an unparalleled chance to develop or create your ultimate lakefront retreat. Perched on a prime hillside setting, the property offers spectacular views and the ideal topography for sought-after walkout basements on new construction. Build one lakefront estate or maximize your investment by developing two separate luxury homes on the existing platted lots. While the development potential is massive, the property features a delightful, immediately usable 3-bedroom, 2-bathroom cottage. It retains its classic lakeside character, complete with an inviting fieldstone wood-burning fireplace, cedar shake siding, and a relaxing enclosed lakefront porch. Crucially, the cottage has been thoughtfully updated for modern comfort: New HVAC (heat pump, furnace, and mini-splits); New asphalt shingle roof, windows, and water heater; Updated white shaker-style kitchen; New wood laminate flooring throughout. The Choice is Yours: Enjoy the charming, updated cottage now while you plan your future, remodel the existing home, or break ground on one or two new luxury homes. Don't miss this chance to own a piece of prime Lake Manitou real estate with unlimited possibilities!
SR14 E to Bessmore Park Rd; S to White Creek to 2024.
Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener
Sale IncludesLaundry-Stacked W/D
MLS # | 202541511 |
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Date Listed | 2025-10-13 |
Status | Active |
Property Type | Residential |
Property SubType | Site-Built Home |
Finished Square Feet | 2280 sqft |
Total Square Feet | 3240 sqft |
New Construction | No |
Style | One and Half Story |
Type | Site-Built Home |
Basement | Yes |
Bedrooms | 3 |
Bathrooms | 2 |
Annual Taxes | $3,303.12 |
Year Taxes Payable | 2025 |
Year Built | 1948 |
Virtual Tour | propertypanorama.com » |
Days on Market | 2 |
Design | Cabin/Cottage |
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Cooling | Central Air, Other, Heat Pump, Multiple Cooling Units |
Heating | Heat Pump, Other Heating System, Multiple Heating Systems |
Garage | Basement |
Main Level Laundry | Yes |
Living Room | 30 × 12 | Main Level |
Family Room | 30 × 12 | Main Level |
Kitchen | 12 × 14 | Main Level |
Master Bedroom | 12 × 14 | Main Level |
2nd Bedroom | 11 × 12 | Upper Level |
3rd Bedroom | 11 × 12 | Upper Level |
Full Baths | 1 Main, 1 Upper |
Construction | Site-Built Home |
---|---|
Exterior | Cedar |
Lot Size | 14,375 sq ft |
Acreage | 0.33 Acres |
Lot Dimensions | 40x137 and 60x137 |
Sewer | None |
Water | City |
Fence | None |
Area | Fulton County |
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Location | City/Town/Suburb, Lake, Within 1 Mile to Airport |
County | Fulton |
Subdivision | None |
Township | Rochester |
City | Rochester |
State | IN |
Zip | 46975 |
School District | Rochester Community School Corp. |
---|---|
Elementary | Columbia / Riddle |
Middle School | Rochester Community |
High School | Rochester Community |
Financing Terms | Cash, Conventional |
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Assoc. Dues | $0.00 Not Applicable |
MLS# 202541511
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Abigail Renie
LAKESHORE RLTRS, INCR
Listing updated October 14, 2025 at 10:30 am
Last checked 9 minutes ago