2.3 Acres of Residential Land for Sale in Hamilton, Indiana

800 LN 210 Hamilton Lk, Hamilton, IN 46742

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$2,800,000
2.27 acres
pending saleUnder contract

PARADISE IS LITERALLY FOR SALE - Welcome to Island Park, where paradise awaits on the shores of Hamilton Lake, Hamilton, Indiana. Embrace the extraordinary with this rare 2.271 acre lot, a once-in-a-generation opportunity to claim your slice of heaven. The history behind this parcel dating back to 1889 through 1940's is amazing and you can own the nostalgia that comes with it. With utilities in place, your dream home or investment project can effortlessly come to life. Indulge in the luxury of your own private beach; a secluded retreat inviting you to unwind and savor the tranquility of 546 feet of lakefront living that overlooks the expansive 800+ acre Hamilton Lake: and serves as your backyard, providing not only breathtaking panoramic views but also a playground for all water enthusiasts. Once you have purchased: there's several ways to divide or develop the parcel to meet your specific needs or desires. Family driven or investor driven, the choice is yours. Nestled in the heart of this serene island, the property boasts an R3 zoning which allows triplex family units. That said: single family lots from 1-9 totals may be possible. This offers vast possibilities for residential estate-size lots, smaller lot development, or 3-unit multi-family lots. Step into the rich history of Island Park, which still offers a 2 acre private park at its center for island residents, and once graced by the legendary Paradise Hotel between 1915 and 1945. As echoes of a bygone era linger, imagine the potential for your legacy to be etched into this cherished landscape. Seize this unparalleled, once in a lifetime opportunity, to own a piece of paradise where the past meets the present, and where the most amazing views come standard. This is more than just a property; its nostalgia and an invitation to create your legacy with memories, and build a future in a place that truly embodies the essence of island living. Don't miss your chance to make history at Island Park on Hamilton Lake and the past location of Paradise Hotel - a destination like no other.

Directions

From the 4-way stop in downtown Hamilton, turn west on E Bellefontaine Rd, approximately one-half mile turn north on Lane 210, then follow around to the NW crossing the bridge; when reaching the Y on the island, follow to property on the North.

Property details

Coordinates
41.5407, -84.9208
Community
Island Park
School District
Hamilton Community
Zoning
Triplex
Elevation
915 feet
MLS Number
FWAAR 202408444
Date Listed

Legal description

Parcels

  • 76-10-33-120-101.000-010

Property taxes

Year not provided
$19,763

Expenses

Home Owner Assessments Fee
$150 annually
Other
$1,284

This 2.27-acre property is located at 800 LN 210 Hamilton Lk in Hamilton, IN 46742 with latitude 41.5407 and longitude -84.9208. The property is currently pending sale for $2,800,000 with a price per acre of $1,232,937. Listing data is sourced from Upstate Alliance of Realtors Multiple Listing Service # 202408444.

Verify sale details at the property source or contact Coldwell Banker Real Estate Group at (260) 489-3336.

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Copyright (C) 2024 Upstate Alliance of REALTORS(R) Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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