Lakefront Retreat with Rental Potential on Lake Shafer!Calling all lake lovers and weekend adventurers--this is the getaway you've been waiting for! Nestled along the Tippecanoe River/Lake Shafer, this beautifully maintained home offers the perfect combination of tranquility, recreation, and investment potential.Ideally located within walking distance of Indiana Beach Campgrounds and nearby lake resorts, this property is just a short golf cart ride from Tippecanoe Country Club and only minutes from the thrills of Indiana Beach Amusement Park.Situated on a spacious double lot, this home features scenic lake views, lake rights, and a private pier, making it a dream location for boating, fishing, and relaxing by the water. Enjoy morning coffee or sunset dinners on the two expansive back decks--perfect for entertaining or unwinding in nature.Inside, you'll find a refreshed interior with updated appliances, a newer steel roof, and a layout that includes a spacious living area, cozy den, and bright sunroom. Whether you're looking for a personal retreat or a short-term rental opportunity, this home checks all the boxes.
Active
Price cut: $14.9K (8/2)
$510,000
2951 N Lakeshore Dr, Monticello, IN 47960
3beds
1,905sqft
Est.:
Single Family Residence
Built in 1948
9,182.45 Square Feet Lot
$493,500 Zestimate®
$268/sqft
$-- HOA
What's special
Lake rightsBright sunroomScenic lake viewsExpansive back decksUpdated appliancesRefreshed interiorPrivate pier
- 83 days
- on Zillow |
- 627 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 05:47pm
Listed by:
Zacharie Coulter,
Blackrock Real Estate Services 219-262-0086
Source: NIRA,MLS#: 821768

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Other Room, Living Room, Laundry, Kitchen, Den, Bedroom 3
Primary bedroom
- Area: 216.32
- Dimensions: 16.5 x 13.11
Bedroom 2
- Area: 147
- Dimensions: 14.7 x 10.0
Bedroom 3
- Area: 144.2
- Dimensions: 10.3 x 14.0
Den
- Area: 200.2
- Dimensions: 15.4 x 13.0
Kitchen
- Area: 103.87
- Dimensions: 17.0 x 6.11
Laundry
- Area: 82.5
- Dimensions: 15.0 x 5.5
Living room
- Area: 399
- Dimensions: 21.0 x 19.0
Other
- Description: sunroom
- Area: 315
- Dimensions: 15.0 x 21.0
Heating
- Forced Air
Appliances
- Included: Dishwasher, Refrigerator, Water Softener Owned, Stainless Steel Appliance(s), Microwave, Dryer
- Laundry: Main Level
Features
- None
- Windows: Aluminum Frames
- Basement: Partially Finished,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,905
- Total interior livable area: 1,905 sqft
- Finished area above ground: 1,605
Property
Parking
- Total spaces: 2
- Parking features: Detached, Paved, Off Street, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Deck, Rear Porch
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Privileges
Lot
- Size: 9,182.45 Square Feet
- Features: Other
Details
- Parcel number: 917317000005400020
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Subdivision: Lakeside Heights
HOA
- Has HOA: No
Location
- Region: Monticello
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $205,400
- Annual tax amount: $1,015
- Date on market: 6/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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