Lake Wawasee Channel Front Home with Lake Views, Pool, Hot Tub & Income Potential. Welcome to this distinctive and well-maintained channel front home on Lake Wawasee—Indiana’s largest natural all-sports lake. With peaceful lake and wetlands views, a private pool, hot tub, boathouse, backlot w/garage and generous indoor/outdoor living spaces, this property offers an exceptional lake lifestyle with room for guests and strong rental income potential. Offering 3 bedrooms, 3 full baths, and multiple living areas across three levels, this home is ideal for year-round living, a weekend escape, or a high-performing vacation rental. The main floor features two bedrooms, a full bath, a spacious kitchen, and a vaulted great room with sweeping lake views and access to the upper deck—perfect for entertaining or relaxing. Upstairs, an open loft suite includes a private bath, balcony, and workspace, creating a cozy and flexible retreat. The walkout lower level adds a second living area or fourth sleeping space, complete with its own full bath and direct access to the patio, hot tub, and lakeside fire pit. Outdoors, enjoy three decks, a solar-heated private pool (electric heater also available), a wood-burning fireplace, and your own pier and boathouse along the channel. Just minutes from the open lake and the popular Wawasee sandbar, this location offers quick access to everything that makes lake life unforgettable. Included with the sale is a desirable backlot featuring an oversized 2.5-car garage with walk-up attic—ready to be transformed into a guest suite, game room, or extra storage. Ample parking on both lots makes it easy to host family, friends, or lake rental guests. This property has been a successful VRBO/Airbnb rental with proven income—financials available upon request. Located approximately 2.5 hours from Chicago or Indianapolis and under an hour from Fort Wayne or South Bend, this is a rare opportunity to own a versatile, turn-key home on Lake Wawasee.
Active
Price cut: $24.9K (7/23)
$625,000
11621 N Elm Grove Dr, Syracuse, IN 46567
3beds
3,280sqft
Est.:
Single Family Residence
Built in 1943
0.37 Acres Lot
$598,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 20 days
- on Zillow |
- 2,288 |
- 71 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 07:04am
Listed by:
Angela Racolta angie.racolta@thergroupteam.com,
Keller Williams Thrive North,
Danyelle Hubbs,
Keller Williams Thrive North
Source: IRMLS,MLS#: 202528350

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 2
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 300
- Dimensions: 20 x 15
Family room
- Level: Lower
- Area: 420
- Dimensions: 15 x 28
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Living room
- Level: Main
- Area: 483
- Dimensions: 23 x 21
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Washer, Dryer-Electric, Washer/Dryer Stacked, Gas Range
Features
- Vaulted Ceiling(s)
- Basement: Walk-Out Access
- Attic: Storage
- Number of fireplaces: 1
- Fireplace features: Dining Room
Interior area
- Total structure area: 3,380
- Total interior livable area: 3,280 sqft
- Finished area above ground: 2,130
- Finished area below ground: 1,150
Video & virtual tour
Property
Parking
- Total spaces: 2.5
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2.5
Features
- Levels: One and One Half
- Stories: 1.5
- Pool features: Above Ground
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, Deck on Waterfront, Canal Front, Ski Lake
- Body of water: Lake Wawasee
- Frontage length: Channel/Canal Frontage(50),Water Frontage(0)
Lot
- Size: 0.37 Acres
- Dimensions: 100X160
- Features: Rolling Slope
Details
- Additional structures: Outbuilding
- Parcel number: 430414100289.000025
- Other equipment: Pool Equipment
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Regional
- Water: Well
Community & HOA
Community
- Features: Pool
- Security: Radon System
- Subdivision: Crowdale
Location
- Region: Syracuse
Financial & listing details
- Tax assessed value: $452,500
- Annual tax amount: $4,074
- Date on market: 7/20/2025
- Loading
- Loading