5507 E Colonial Oaks Drive, Monticello, IN 47960
Local realty services provided by:ERA Crossroads
Listed by: cody miller
Office: raeco realty
MLS#:202546678
Source:Indiana Regional MLS
Price summary
- Price:$474,900
- Price per sq. ft.:$319.15
About this home
Welcome to 5507 Colonial Oaks — a once in a lifetime opportunity to own the most breathtaking views on Lake Freeman. Enjoy expansive, panoramic vistas spanning over 8,000 feet from your private shoreline to the opposite shore, overlooking the renowned Ski-Island. The main level showcases modern, contemporary updates, including beautiful LVP flooring, a quartz-topped island and countertops, a stylish tiled backsplash, floor-to-ceiling cabinets, a farmhouse sink with matching stainless steel appliances, and high-end fixtures throughout. The thoughtfully redesigned floor plan floods the space with natural light through oversized lakeside windows, offering spectacular views in the open-concept living, dining, and kitchen areas. Downstairs features a walkout basement, a third bedroom, and an 11x11 utility/laundry room that is plumbed for a second full bathroom. Outside, you'll find an entertainer's dream setup: a 20x22 garage with an attached pergola, a 20x15 paver patio, and a spacious 29x27 deck leading to your private pier equipped with a boat lift and jet ski lift. Enjoy 60 feet of pristine main lake frontage for endless lakeside fun. Another noteworthy update includes a new furnace and AC installed in 2024. For the ultimate lake lifestyle, a 2024 Viaggio Tri-Toon and Yamaha Waverunner are available separately. Schedule your visit today and experience all this incredible property has to offer!
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Home facts
- Year built:1964
- Listing ID #:202546678
- Added:1 day(s) ago
- Updated:November 19, 2025 at 11:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Living area:1,488 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1964
- Building area:1,488 sq. ft.
- Lot area:0.33 Acres
Schools
- High school:Twin Lakes
- Middle school:Roosevelt
- Elementary school:Meadowlawn
Utilities
- Water:Well
- Sewer:Regional
Finances and disclosures
- Price:$474,900
- Price per sq. ft.:$319.15
- Tax amount:$2,087
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