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Listed with Gregory Vogel II, Gri, VOGEL REAL ESTATE, gvogeljr@vogel-real-estate.com
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Turn-Key Lake Shafer Resort - Prime Location and Strong Revenue ... Turn Your Investment Dreams Into Reality. Located across the street from Indiana Beach, in Monticello, Indiana, the Dockside Lake Resort offers 12 charming cottages/units with exceptional cash flow and endless potential. Each rental unit has been thoughtfully updated with metal roofing, modern flooring, refreshed kitchens, upgraded appliances, A/C units, and stylish furniture ... all designed for comfort and longevity for visiting guests. Enjoy the newly installed 33x16 pool ... complete with updated mechanicals, a sleek metal fence, and expanded concrete walkways and patios creating a welcoming outdoor space for those seeking a quaint and charming spot. The 54 feet of prime Lake Shafer frontage provides breathtaking main lake views, multiple piers, and a durable steel seawall for added security. With year-round units ensuring consistent income, this low-maintenance resort features vinyl siding and fresh exterior enhancements. In addition, bonus living areas attached to the office could easily be converted into an additional rental unit or private owner/manager quarters. This is your chance to acquire a fully operational, high-performing lakefront property with room to grow. The Dockside Lake Resort is a fantastic place to turn your investment dreams into reality.
| DAYS ON MARKET | 11 | LAST UPDATED | 6/9/2025 |
|---|---|---|---|
| TRACT | Untalulti | YEAR BUILT | 1940 |
| COUNTY | White | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Softener |
| BASEMENT | Crawl Space, Partial, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Space Heater |
| LOT | 0.663 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | .663 |
| PARKING | Asphalt, Gravel, Paved |
| STORIES | 1 |
| SUBDIVISION | Untalulti |
| TAXES | 4144.16 |
| WATER ACCESS | Lake Shafer |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front, Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Gregory Vogel II, Gri, VOGEL REAL ESTATE, gvogeljr@vogel-real-estate.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 6/19/25 12:54 PM PDT
Walk Score provided by walkscore.com
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 6/19/25 12:54 PM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2025.
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