5088 E Indiana Beach Road, Monticello, IN 47960
Local realty services provided by:ERA Crossroads
Listed by: jason conley
Office: raeco realty
MLS#:202619381
Source:Indiana Regional MLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$399.88
About this home
Welcome to Alexander’s Landing, a well-established waterfront resort property located on the shores of Lake Shafer in Monticello, Indiana, just minutes from the popular Indiana Beach Amusement & Water Park. This turnkey hospitality investment features nine guest units with accommodations for up to 56 guests, offering a strong blend of charm, functionality, and proven income performance. Guests enjoy beautiful lakefront views, direct water access with boat docking, and expansive outdoor deck spaces designed for year-round enjoyment. Recent improvements include a brand-new firepit area, new pool heater and pool HRV system, a new hot tub, and select updated furniture, enhancing both guest experience and overall property appeal. The thoughtfully designed suites include kitchen amenities and spacious gathering areas, making the property ideal for vacationing families, large groups, weekend getaways, and corporate retreats. Alexander’s Landing has built a strong reputation as a premier destination in the area, backed by excellent guest reviews, repeat clientele, and a successful operating history. This property presents an exceptional opportunity for investors seeking a profitable short-term rental or boutique hospitality asset in one of Indiana’s most recognized lake communities. Whether guests are looking for relaxation on the water or quick access to local entertainment and attractions, Alexander’s Landing offers a unique resort experience in a highly desirable location. To ensure a smooth transaction and respect the privacy of current occupants, all showing requests must be coordinated through the listing agent. Our goal is to ensure that everyone touring the property is a legitimate, qualified buyer with genuine interest. Consequently, all buyers must complete an initial qualification conversation before a showing is approved. Buyers using financing are required to provide a current mortgage pre-approval letter prior to scheduling, while cash buyers must provide proof of funds. We will also verify whether buyers are currently working with an agent, and we encourage only serious decision-makers to attend. Please note that occupied units require a minimum of 24 hours' advance notice; same-day showings may be limited or declined unless buyers are fully verified and the units are available. Buyers who are not yet financially prepared or are "just looking" will be asked to complete their financing steps before touring the property....
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Home facts
- Year built:1980
- Listing ID #:202619381
- Added:1 day(s) ago
- Updated:May 22, 2026 at 04:49 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:11
- Full bathrooms:11
- Flooring:Vinyl
- Living area:3,376 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump, Wall AC, Window
- Heating:Forced Air, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1980
- Building area:3,376 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:Two Story
- Construction Materials:Block, Vinyl, Wood
- Exterior Features:Deck Open, Deck on Waterfront, Landscaped, Patio Open, Porch Open
- Levels:2 Stories
Schools
- High school:Twin Lakes
- Middle school:Roosevelt
- Elementary school:Meadowlawn
Utilities
- Water:Well
- Sewer:Public
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$399.88
- Tax amount:$13,243
Features and amenities
- Amenities:Balcony, Boat Lift-Covered, Storage, Water Heater Tankless
- Pool features:Indoor
Parking
- Parking description:Concrete Driveway, Off Site Parking, Off Street Parking, Parking Lot, Paved Parking, Private Parking, Public Parking
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