725 Bluewater Drive, Monticello, IN 47960
Local realty services provided by:Better Homes and Gardens Real Estate Connections



Listed by:maria sandlin
Office:raeco realty
MLS#:202514921
Source:Indiana Regional MLS
Price summary
- Price:$509,000
- Price per sq. ft.:$243.31
About this home
LAKE LIFE goals at its finest! This riverfront property is located just a short boat ride from main Lake Freeman! All situated around the inviting courtyard you’ll find easy access to the properties 3 buildings- the main house, guest house/detached garage, and “party” barn. The main house has an open concept first floor kitchen, dining, and living area with fireplace, windows overlooking the water, upgraded kitchen appliances, plus a den, laundry, and full bathroom. The second floor is where you will find 3 bedrooms, and 2 additional full bathrooms-including the primary suite with a gorgeous walk-in tiled shower, walk-in closet, and balcony overlooking the gorgeous water view. The guest house/studio has its own entrance with a bedroom/kitchenette and full bathroom with a walk-in tiled shower. The finished “party barn” is an added perk and the ideal entertaining space with wood floors, windows all around, and a custom bar. Covered boat house and permanent lift. Next door to Bluewater Park with a playground, basketball courts, and public access point so your guests can bring their watercraft, too! Whether you are looking for year round living, space to entertain guests, or Airbnb income, this incredible property is one of a kind and sure to check all the boxes!
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Home facts
- Year built:2001
- Listing Id #:202514921
- Added:112 day(s) ago
- Updated:August 14, 2025 at 03:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,092 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Metal
- Year built:2001
- Building area:2,092 sq. ft.
- Lot area:0.29 Acres
Schools
- High school:Twin Lakes
- Middle school:Roosevelt
- Elementary school:Oaklawn
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$509,000
- Price per sq. ft.:$243.31
- Tax amount:$4,097
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