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4945 E Indiana Beach Rd
Monticello, IN 47960
Dave's Last Resort · Specialty Property For Sale · 2,670 SF

INVESTMENT HIGHLIGHTS

  • 4945 E Indiana Beach Road is home to Dave's Last Resort, a 2,670-square-foot, six-unit long and short-term rental property.
  • There is a leasing/ management office on-site and the owner can occupy 978 square feet on-site.
  • Great location near Indiana Beach Amusement Park with incredible views of Lake Shafer.
  • There is flexible potential as a short-term rental business or private family compound.

PROPERTY FACTS

Property Type Specialty
Property Subtype Marina
Building Class C
Lot Size 0.24 AC
Building Size 2,670 SF
No. Stories 2
Year Built 1933
Parking Ratio 1.12/1,000 SF
Zoning AED - Amusement and Entertainment District

AMENITIES

  • Air Conditioning

ABOUT 4945 E INDIANA BEACH RD , MONTICELLO, IN 47960

Welcome to 4945 E Indiana Beach Road, a one-of-a-kind Lake Shafer resort property. It is home to Dave's Last Resort, a prime waterfront retreat near Indiana Beach nestled along the serene shores of Lake Shafer. This resort-style property offers an exceptional opportunity for investors or those seeking a picturesque lakeside retreat. Located just minutes from the vibrant attractions of Indiana Beach, this property is the ultimate destination for relaxation and entertainment. The six rental units cater to various cozy accommodations perfect for short-term or long-term stays, each with unique charm and comfort to meet guest needs. An inground pool is surrounded by a spacious deck area, ideal for lounging or hosting outdoor gatherings. The multiple decks and multilevel cabin designs provide expansive decks for breathtaking lake views, with plenty of space for outdoor dining, grilling, or simply soaking up the sun. Renters enjoy direct access to Lake Shafer, with stunning water views from almost every corner of the property. A private dock adds convenience for boating, fishing, or watersports. The main house features two spacious bedrooms, a dedicated office space, and an open-concept living and dining area, offering the owner or property manager a comfortable and private living option. This Lake Shafer gem is a rare find with endless possibilities for investors or those looking to create a dream lakeside lifestyle. Don’t miss the chance to own this unique and highly desirable waterfront property.

  • Listing ID: 34662757

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 4945 E Indiana Beach Rd, Monticello, IN 47960

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