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Land with Home for Sale in Elkhart, Indiana
57507 Red Bud Ln, Elkhart, IN 46517
$535,900
8 acres
Active sale
$10k drop
Est $2,858/moWelcome to Tree House Acres, a rare 8-acre income-producing retreat built in 2025 and already delivering impressive results. Just 25 minutes from the University of Notre Dame, this three-bedroom, two-bath property is operating as a successful Airbnb. New construction paired with immediate performance is hard to find. Guests are drawn to the peaceful wooded setting, modern finishes, and private acreage - creating strong demand right out of the gate. House is sold fully furnaced. With June 2026 income and expenses, Cap Rate will now be 10%. Turnkey. Proven. Expandable.
1,054
Sq feet
3
Beds
1
Full bath
1
1/2 bath
2025
Built
Location
- Street address
- 57507 Red Bud Ln
- County
- Elkhart County
- Zip code
- 46517
- School district
- Baugo Community
- Elevation
- 729 feet
Directions
Take CR 100 north to Red Bud Lane (sign was MISSING). Keep right to the end of the subdivision. The entry is by the pond and at the end of the cul-de-sac.
Property details
- Acreage
- 8.01 acres
- MLS #
- ECBOR 202606184
- Posted
Property taxes
- 2025
- $1,444
Parcels
- 20-05-15-153-009.000-001
Legal description
TREEHOUSE ACRES LOT 2
Details and features
Listing
- Type
- Residential Multi Family
- Franchise
- Berkshire Hathaway Home Services
Lot
- Waterfront
- Creek
- Features
- Heavily Wooded
Exterior
- Parking Spaces
- 5
Structure
- Condition
- Under Construction
- Stories
- 2
- Cooling
- Multi Units
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
- Flooring
- Vinyl
Nearby schools
| Name | Type | District |
|---|---|---|
| Jimtown | Elementary | Baugo Community |
| Jimtown | Middle | Baugo Community |
| Jimtown | High | Baugo Community |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 9, 2026 | Price drop | $535,900 | $10,000 -1.8% | ECBOR |
| May 31, 2026 | Price drop | $545,900 | $53,100 -8.9% | ECBOR |
| May 6, 2026 | Price drop | $599,000 | $11,000 -1.8% | ECBOR |
| Apr 22, 2026 | Price drop | $610,000 | $89,900 -12.8% | ECBOR |
| Apr 2, 2026 | Price drop | $699,900 | $50,100 -6.7% | ECBOR |
| Mar 23, 2026 | Price drop | $750,000 | $25,000 -3.2% | ECBOR |
| Feb 27, 2026 | New listing | $775,000 | — | ECBOR |
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