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Listed price in listed location currency (USD).
$474,900

320

MLS® 202546678

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1488 sqft
Garage Yes
Taxes $2,087
Days Active 15
Lot Size 0.3333 acres
Approx. Age 1964
Avg. Price Per Sqft $319
MLS® Number 202546678

Property Address: 5507 E Colonial Oaks Dr, Monticello, IN, 47960-7674

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number202546678
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3333
Exterior
GarageYes
Approx. Age1964
BasementPartial
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Nov 19, 2025List Date
$474,900List Price

Home Appraisal

This property is estimated to sell between: $474,000 and $518,000.
Similar properties in this area sold on average for: $503,000
Expected to sell in 39 days. Similar properties sold in 54 days. This home has been on eXp Realty for 15 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
5507 E Colonial Oaks Dr, Monticello, IN

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