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Residential Land with Home for Sale in Carmel, Indiana

10739 Royal Dr, Carmel, IN 46032

$3,950,000
5.12 acres
Active
ago
Est $21,947/mo

Exceptional 5-acre estate in the heart of West Carmel featuring a beautifully updated residence, six garage bays, and a separate carriage house with a fully operating private apartment. The main level and baths were renovated in 2018. A richly appointed office with fireplace and custom wood built-ins anchors the main floor, alongside a generous primary suite with a beautifully updated bath and dual walk-in closets. The home offers six bedrooms plus a loft, spacious ensuite upper bedrooms with updated baths, a cedar closet, an elevator serving all three floors, and four gas fireplaces. The chef's kitchen is a standout with heated floors, premium Miele appliances, and a concealed walk-in pantry. A rare highlight is the carriage house, which includes three garage bays and a private apartment complete with full kitchen, bedroom, and bath-ideal for parents, adult children, guests, or an au pair seeking privacy and independence. Three additional bays are attached to the main home for exceptional storage and flexibility. The walk-out lower level is designed for entertaining and functionality, featuring a second kitchen, fitness area, and a huge workshop, along with a covered patio perfect for watching TV and relaxing outdoors. Step directly out to the patio and private saltwater pool area. Outdoor living is equally impressive, with a veranda stretching the length of the main floor, including pergola-covered dining just off the kitchen. Additional features include Trex decking with an automated pergola, stained-glass details, copper gutters, partially fenced acreage, and the convenience of city water and sewer.

11,670
Sq feet
6
Beds
5
Full baths
2
1/2 baths
1990
Built

Location

Street address
10739 Royal Dr
Community
Queens Manor
School district
Carmel Clay Schools
Elevation
846 feet
Coordinates
39.9436, -86.176

Property details

Acreage
5.12 acres
Builder
Leonard Watson
MLS #
MIBOR 22078682
Posted

Expenses

Home Owner Assessments Fee
$700 annually

Parcels

  • 291303003009000018

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Garage, Heated
Structures
Guest House
Features
Balcony, Carriage/Guest House, Pool, Sprinkler System

Structure

Style
New Traditional
Heating
Fireplace(s), Forced Air, Hot Water, Natural Gas, Radiant, Radiant Floor
Cooling
Central Air
Materials
Stone

Interior

Room Count
16
Rooms
Basement, Bathroom x 5, Bedroom x 5, Dining Room, Family Room, Great Room, Kitchen, Library, Sauna
Appliances
Cooktop, Dishwasher, Garbage Disposer, Gas Cooktop, Ice Maker, Microwave, Purifier Water, Range, Refrigerator, Softener Water, Trash Compactor, Warming Drawer, Washer
Features
Bath Sinks Double Main, Built-In Features, Eat-In Kitchen, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, High Ceilings, Kitchen Island, Paddle Fan, Pantry, Sauna, Wet Bar, Wired For Data

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameTypeDistrict
Creekside Middle SchoolMiddleCarmel Clay Schools
Carmel High SchoolHighCarmel Clay Schools

Listing history

DateEventPriceChangeSource
Jan 25, 2026New listing$3,950,000MIBOR
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This 5.12-acre property is located at 10739 Royal Dr in Carmel, IN 46032. The property is available for sale for $3,950,000. It has a 11,670 sq ft 6 bedroom, 5 bath house built in 1990.

Checked 7 hours ago — Updated

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