5088 E Indiana Beach Road, Monticello, IN 47960

Local realty services provided by:ERA Crossroads
5088 E Indiana Beach Road,Monticello, IN 47960
$1,350,000
  • 16 Beds
  • 11 Baths
  • 3,376 sq. ft.
  • Multi-family
  • Active
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...

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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
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.