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Investment Highlights

  • 2 minutes from downtown valparaiso
  • Backs up to city owned detention
  • Secluded estate with rolling terrain and 5 acres of woods

Executive Summary

A rare 26.8-acre offering inside Valparaiso city limits, just two minutes from downtown. Scale, seclusion, and location of this kind seldom reach the market together. Annexed and zoned RU with a clear path to rezone for a PUD or single-family development, the parcel is equally suited to a private estate, a family compound, or a builder's next project. The sale includes a completed survey along with architectural house plans and a site plan, giving the next owner a meaningful head start. Gently rolling terrain, five acres of mature woods, established trails, and a permanent buffer along the adjoining city-owned detention area round out one of the most versatile land holdings in the area. The property is offered as-is and the sale is structured as a 1031 exchange for the seller, so offers should be positioned for a clean, timely close.

Financial Summary (Actual - 2025)

Annual Annual Per AC
Taxes $1,200 $44.78
Operating Expenses - -
Total Expenses $1,200 $44.78

Financial Summary (Actual - 2025)

Taxes
Annual $1,200
Annual Per AC $44.78
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,200
Annual Per AC $44.78

Property Facts

Price $2,400,000
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Planned Unit Development
  • Single Family Development
  • Agricultural
  • Pasture Ranch
Total Lot Size 26.80 AC

1 Lot Available

Lot

Price $2,400,000
Price Per AC $89,552.24
Lot Size 26.80 AC

26.796 acres annexed into Valparaiso city limits. 1205 Yellowstone is currently zoned RU (rural) but zoning could be changed through the BZA for a PUD.

Description

A rare opportunity to own 26 secluded acres just minutes from downtown Valparaiso. Annexed into city limits and zoned RU, this parcel offers the privacy of country living with the convenience of being moments from town. Sold as-is. Buyers are welcome to conduct independent due diligence at their own cost and timeline. Seller is not entertaining extended feasibility, entitlement, or contingent hold periods at this time—offers should be structured for a prompt, clean close. Utilities are located nearby off of Yellowstone and Harrison for straightforward connection, and the sale includes a completed survey, professionally designed house plans, and a finished site plan—giving the next owner a meaningful head start on any build or development project. Tucked within five acres of mature woods, a charming sleeper cabin offers a quiet retreat, featuring solar power and a wood-burning stove (no water or sewer currently connected). Established trails wind throughout the property, ideal for hiking, riding, or simply enjoying nature in your own backyard. Whether your vision is a private estate, family compound, equestrian property, or future development, 26 contiguous acres of this caliber—this close to Valparaiso—rarely come to market.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
64-09-14-376-002.000-004
Land Assessment
$39,600
Improvements Assessment
$0
Total Assessment
$39,600
Annual Taxes
$1,200
Tax Year
2025
  • Listing ID: 40404716

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 1205 Yellowstone Rd, Valparaiso, IN 46385

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