Lakefront Brick Ranch with Finished Walk-Out Basement on 2.41 Wooded Acres - Coveted Spot on Private Cottonwood Lake Opportunities to own property on private Cottonwood Lake don't come around often! This beautifully maintained 4-bedroom, 3-bath brick ranch with a fully finished walk-out basement offers over 3,500 sq ft of living space, perfectly positioned on a scenic 2.41-acre wooded lot with direct access to deep water. Inside, you'll find an open-concept layout with vaulted and tray ceilings, a formal dining room, and a spacious kitchen with a breakfast bar-ideal for entertaining or everyday living. The main level includes three bedrooms, including a luxurious primary suite with a whirlpool tub, stall shower, dual vanities, and walk-in closet. A large, low-maintenance Trex deck spans the entire length of the home and provides elevated views of the peaceful lake and surrounding trees-perfect for outdoor dining, relaxing, or taking in sunsets. The fully finished walk-out basement includes daylight windows, a spacious rec room with a gas fireplace, a fourth bedroom, a full bath, and a utility room with extra storage. Step outside to your private dock, equipped with electricity, where the water reaches approximately 12 feet deep just off the edge-ready for a slide, jumping dock, or summer fun with boats and floats. Additional highlights include a 3-car garage, abundant storage, and a quiet, end-of-road setting that offers privacy and serenity year-round. This exceptional home blends indoor comfort with the best of lake life in one of the area's most sought-after waterfront communities. Schedule your private showing today!
Active
$680,000
4944 S County Road 240 W, Greensburg, IN 47240
4beds
3,520sqft
Est.:
Residential, Single Family Residence
Built in 2003
2.41 Acres Lot
$653,000 Zestimate®
$193/sqft
$33/mo HOA
What's special
Fully finished walk-out basementPrivate dockPrivate cottonwood lakeLow-maintenance trex deckLuxurious primary suiteFormal dining roomDaylight windows
- 43 days
- on Zillow |
- 560 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:09am
Listing Provided by:
Cindy Stockhaus 317-517-8407,
Better Homes and Gardens Real Estate Gold Key,
Michael Stockhaus 317-517-3785,
Better Homes and Gardens Real Estate Gold Key
Source: MIBOR as distributed by MLS GRID,MLS#: 22050792

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 4
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 12x16
Dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13x14
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 6x12
Living room
- Level: Main
- Area: 286 Square Feet
- Dimensions: 13x22
Play room
- Level: Basement
- Area: 1276 Square Feet
- Dimensions: 29x44
Utility room
- Features: Other
- Level: Basement
- Area: 120 Square Feet
- Dimensions: 5x24
Heating
- Geothermal
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
Features
- High Ceilings, Tray Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Ceiling Fan(s), Walk-In Closet(s)
- Basement: Daylight,Finished,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas Log, Recreation Room
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
- Finished area below ground: 1,760
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Water View
Lot
- Size: 2.41 Acres
- Features: Rural - Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
Details
- Parcel number: 161404120001070013
- Special conditions: Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Cottonwood Lake
HOA
- Has HOA: Yes
- HOA fee: $400 annually
Location
- Region: Greensburg
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $414,000
- Annual tax amount: $3,012
- Date on market: 7/18/2025
- Cumulative days on market: 44 days
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