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  • $2,500,000

    210 E 800th Ln S, Hamilton, IN 46742

    --beds
    --baths
    2.27Acres
    Unimproved Land
    Built in ----
    2.27 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,089 Estimated rent

    What's special

    PARADISE IS LITERALLY FOR SALE - Welcome to Island Park, where paradise awaits on the shores of Hamilton Lake, Hamilton, Indiana. Embrace the extraordinary with this rare 2.271 acre lot, a once-in-a-generation opportunity to claim your slice of heaven. The history behind this parcel dating back to 1889 through 1940’s is amazing and you can own the nostalgia that comes with it. With utilities in place, your dream home or investment project can effortlessly come to life. Indulge in the luxury of your own private beach; a secluded retreat inviting you to unwind and savor the tranquility of 546 feet of lakefront living that overlooks the expansive 800+ acre Hamilton Lake: and serves as your backyard, providing not only breathtaking panoramic views but also a playground for all water enthusiasts. Once you have purchased: there’s several ways to divide or develop the parcel to meet your specific needs or desires. Family driven or investor driven, the choice is yours. Nestled in the heart of this serene island, the property boasts an R3 zoning which allows triplex family units. That said: single family lots from 1-9 totals may be possible. This offers vast possibilities for residential estate-size lots, smaller lot development, or 3-unit multi-family lots. Step into the rich history of Island Park, which still offers a 2 acre private park at its center for island residents, and once graced by the legendary Paradise Hotel between 1915 and 1945. As echoes of a bygone era linger, imagine the potential for your legacy to be etched into this cherished landscape. Seize this unparalleled, once in a lifetime opportunity, to own a piece of paradise where the past meets the present, and where the most amazing views come standard. This is more than just a property; its nostalgia and an invitation to create your legacy with memories, and build a future in a place that truly embodies the essence of island living. Don't miss your chance to make history at Island Park on Hamilton Lake and the past location of Paradise Hotel – a destination like no other.

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2024 at 07:43am

    Listed by:

    Ken Steury Cell:260-417-5777,

    Coldwell Banker Real Estate Group

    Bought with:

    John Lahmeyer, RB14043270

    Coldwell Banker Real Estate Group

    Source: IRMLS,MLS#: 202408444MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Gravel
    Features
    • Fencing: None
    • Has view: Yes
    • Waterfront features: Waterfront, Private Beach, Deeded, Lake Front, Ski Lake, Lake
    • Body of water: Hamilton Lake
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(546)
    Lot
    • Size: 2.27 Acres
    • Dimensions: 325x204x546x185
    • Features: Few Trees, Rolling Slope, City Lot, Lake, Storm Sewers
    Details
    • Additional structures: Shed(s)
    • Parcel number: 761033120101.000010
    • Zoning: R3
    • Zoning description: Triplex

    Utilities & green energy

    • Gas: NIPSCO
    • Sewer: City
    • Water: City
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Hamilton
    • Subdivision: Island Park

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt
    Services availability