Land with Home for Sale in Martinsville, Indiana
3215 Kestrel, Martinsville, IN 46151
Discover luxury & privacy in this exquisite executive home. This property offers a refined lifestyle in a breathtaking natural lakefront setting. Beautifully surrounded by 3.25 wooded acres with 4 bedrooms, 4.5 baths, and over-the-top amenities. The fully finished walkout basement is an entertainer's dream-featuring a full bath, home theatre, exercise room, office/music room, bonus room, and plumbing ready for a wet bar. Three fireplaces add warmth and elegance throughout the home, including one in the private sitting area off the luxurious primary suite. The suite also boasts his-and-her walk-in closets and a spa-like layout with jetted garden tub and an elegant walk-in shower designed for true relaxation. An oversized 3-car-attached garage is complemented by a 4-car detached garage ideal for car collectors, hobbyists, or added storage, while the whole home backup generator provides added peace of mind. Multiple updates in 2025 include new Roof and Gutters, Geothermal HVAC & Water Softener. (See supplements for additional recent items.) Whether you're hosting guests or enjoying peaceful lakefront views, this one-of-a-kind estate combines privacy, sophistication, space, and serenity in a truly exceptional way.
Location
- Street address
- 3215 Kestrel
- County
- Morgan County
- Community
- Falcon Crest
- School district
- MSD Martinsville Schools
- Elevation
- 736 feet
Property details
- Acreage
- 3.28 acres
- MLS #
- MIBOR 22089428
- Posted
Expenses
- Home Owner Assessments Fee
- $1,000 annually
Parcels
- 550814200007010014
Legal description
Lot 12 Of The Vacation & Replat Of Lots 12 & 13 Falcon Crest (3.279 Ac)
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Lot
- View
- Lake
- Waterfront
- Lake Front, Waterfront
Exterior
- Parking
- Garage
- Features
- Balcony, Gutter Guards
Structure
- Style
- New Traditional
- Basement
- Yes
- Heating
- Electric, Fireplace(s), Forced Air, Geothermal
- Cooling
- Central Air
- Materials
- Brick
Interior
- Room Count
- 16
- Rooms
- Basement, Bathroom x 5, Bedroom x 4, Bonus Room, Dining Room, Exercise Room, Great Room, Kitchen, Laundry, Living Room, Office
- Appliances
- Cooktop, Dishwasher, Electric Cooktop, Refrigerator, Softener Water, Washer
- Features
- Ceiling Vaulted, Eat-In Kitchen, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, High Ceilings, Pantry, Woodworkstain/Painted
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 12, 2026 | New listing | $1,300,000 | — | MIBOR |
| Nov 5, 2025 | Listing removed | $1,300,000 | — | Listing agent |
| Aug 15, 2025 | New listing | $1,300,000 | — | MIBOR |