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Residential Land with Home for Sale in Arcadia, Indiana

18 Point Ln, Arcadia, IN 46030

$1,200,000
3.77 acres
Active
$75k drop
Est $6,650/mo

Welcome to a truly special offering-set on 3.77 acres with an unbelievable 673 feet of water frontage! This is one of the largest and most dramatic lots on Morse Reservoir, perfectly positioned on a prominent point that delivers panoramic views, unbeatable sunsets, and a front-row seat to the July 4th fireworks. Situated in a peaceful idle zone, it's ideal for kayaking, paddle boarding, and floating, with calm waters all around-yet just a short boat ride to the main water sports area when you're ready for more action. The home itself has a contemporary, architectural vibe-not your average lake house! Approx. 3,500 square feet with 4 bedrooms. Two main-floor bedrooms were opened up to create one large suite, but the seller is willing to reinstall the wall with an acceptable offer to restore the original 4-bedroom layout. Features include a striking two-sided fireplace in the great room, an updated kitchen, 3 car garage, a new water heater, and an energy-efficient geothermal system. You'll also love the abundant deck space-perfect for entertaining or simply soaking in the views. Outside, enjoy a composite dock with boat lift and one of the most impressive lakefront settings Morse has to offer. This is a rare opportunity to own a truly one-of-a-kind property that combines acreage and water frontage -in one unforgettable package.

3,391
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1987
Built

Location

Street address
18 Point Ln
Community
Point
School district
Hamilton Heights School Corp
Elevation
837 feet
Coordinates
40.1344, -86.0234

Property details

Acreage
3.77 acres
MLS #
MIBOR 22048091
Posted

Parcels

  • 290236000025000008

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Lake
Waterfront
Lake Front, Lake Privileges, Seawall, Waterfront
Features
Dock

Exterior

Parking
Garage
Structures
Packing Shed, Shed(s), Storage
Features
Storage Shed

Structure

Style
Contemporary
Heating
Fireplace(s), Geothermal
Cooling
Central Air
Materials
Cement Siding

Interior

Room Count
12
Rooms
Bathroom x 3, Bedroom x 4, Great Room, Kitchen, Laundry, Loft, Office
Appliances
Convection Oven, Cooktop, Dishwasher, Electric Cooktop, Garbage Disposer, Microwave, Range, Refrigerator, Softener Water, Washer
Features
Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, High Ceilings, Kitchen Island, Paddle Fan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wood Work Stained

Nearby schools

NameLevelDistrictDescription
Hamilton Heights Elementary SchoolElementaryHamilton Heights School Corp
Hamilton Heights Middle SchoolMiddleHamilton Heights School Corp
Hamilton Heights High SchoolHighHamilton Heights School Corp

Listing history

DateEventPriceChangeSource
July 25, 2025Price drop$1,200,000$75,000 -5.9%MIBOR
July 1, 2025New listing$1,275,000MIBOR
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This 3.77-acre property is located at 18 Point Ln in Arcadia, IN 46030. The property is available for sale for $1,200,000. It has a 3,391 sq ft 4 bedroom, 2 bath house built in 1987.

Checked 8 mins ago — Updated

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