- 5 beds
- 5 baths
- 5,024 sqft
- ~1/2 acre lot
- $191 per sqft
- 1998 build
Welcome to Bayhill at Lake Waterstone! This stunning Custom Built 5-bed, 5-bath home offers 5,024 sq. ft of beautifully finished living space on a spacious .60-acre lot with mature trees and gorgeous landscaping! Step into the grand two-story entry and Great room featuring soaring 18-foot ceilings and a cozy gas fireplace. The chef's kitchen boasts custom Amish-built hickory cabinetry, granite countertops, a center island, pantry, and breakfast room perfect for both daily living and entertaining. Enjoy a spacious formal dining room, separate living room, and main-level office or 5th bedroom with full bath on main level. Retreat to the luxurious primary suite with bay window, tray ceilings, and spa-like bath with walk-in shower, separate garden tub, and a massive dressing-room-style walk-in closet. A second bedroom suite includes a private full bath, while bedrooms 3 and 4 share a Jack & Jill bathroom. The updated daylight lower level is an entertainer's dream, featuring a Home theater, (Surround Sound equipment included), Family room with Gas fireplace, entertainment wet bar, bonus room, and an expansive Gym/workout room. A large utility room offers built-in shelving, utility sink, and excellent storage! The side load 3-car garage includes epoxy floors, custom high-end cabinetry, and an EV connection. Outside, enjoy mature landscaping, a huge patio with outdoor brick fireplace (gas logs), built-in stainless Gas BBQ, and a separate Gazebo for entertaining. Waterstone amenities include a 2-mile trail around a scenic lake, tennis courts, clubhouse, pools, and playground. Luxury, space, and lifestyle - all in one exceptional home! Updates Include Newer Roof & Leaf Guard Gutters, Solar Power Vent in Attic 4 years old, 2 Updated Lennox HVAC Systems, Navien Tankless Water Heater, Triple Safe Sump Pump System w/battery back up! Conveniently located to downtown Carmel, and the Monon!
Last checked:
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Last updated Jul 12, 2025
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MLS# 22049743 —
The Building
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Year Built:1998
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New Construction:false
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Construction Materials:Brick, Cement Siding
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Architectural Style:Traditional
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Foundation Details:Concrete Perimeter
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Levels:Three Or More, Two
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Basement:true
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Basement:Ceiling - 9+ feet, Daylight, Egress Window(s), Finished, Finished Ceiling, Finished Walls, Full, Interior Entry, Storage Space
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Exterior Features:Basketball Court, Gas Grill, Outdoor Kitchen, Smart Lock(s), Sprinkler System, Tennis Community
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Patio And Porch Features:Gazebo, Patio
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Accessibility Features:No
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Smart Home Features:Thermostat - Programmable,Thermostat - WiFi
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Upper SqFt:1688
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Building Area Total:5024
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Below Grade Finished Area:1668
Interior
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Rooms:11
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Rooms Total:17
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Rooms Total:11
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Interior:Bath Jack-n-Jill,Bedroom Other on Main,Great Room - 2 Story,Living Room Formal,Utility Room
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Interior Features:Attic Access, Built-in Features, High Ceilings, Tray Ceiling(s), Kitchen Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Wired for Sound, Wet Bar, Wood Work Painted, Breakfast Bar, Vaulted Ceiling(s), Walk-In Closet(s)
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Kitchen Features:Kitchen Some Updates
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Other Equipment:Satellite Dish, Security Alarm Paid, Smoke Alarm, Sump Pump Dual, Sump Pump w/Backup, Theater Equipment
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Eating Area:Breakfast Room,Formal Dining Room
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Laundry Features:Laundry Room, Upper Level, Sink
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Fireplaces Total:3
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Fireplace Features:Basement, Gas Log, Gas Starter, Great Room, Outside, Masonry, Living Room
Room Dimensions
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SqFt:3356
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Main Level SqFt:1668
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Living Area:5024
Location
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Directions:GPS Friendly
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Latitude:39.964054
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Longitude:-86.081098
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:291033020002000018
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Acres:1/2-1 Acre
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Lot Features:Curbs, Sidewalks, Storm Sewer, Mature Trees, Trees-Small (Under 20 Ft)
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Lot Size Acres:0.6
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Lot Size SqFt:26,136 Sqft
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Price Per Acre:1599833
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Additional Parcels:false
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View:Trees/Woods
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View:true
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Fencing:Partial
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 442-5966
- Office phone:
- (317) 259-6000
Taxes
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Tax Lot:67
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:3955
Beds
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Beds:5
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Bedrooms:5
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Bedrooms Total:5
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Main Level Bedrooms:1
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Primary Bedroom Description:Closet Walk in
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# of Bedrooms Upper:4
Baths
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Baths:5
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Full Baths:5
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Full Baths:4
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Full Baths Main:1
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Full Baths Upper:3
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Full Baths Basement:1
The Listing
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Inspection Warranties:Not Applicable
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Virtual Tour Branded:
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Sep Electric Meter, Sep Gas Meter, Sep Sewer Meter, Water Connected
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Electric:100 Amp Service, 200+ Amp Service
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Water Source:Public
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Solid Waste:No
Appliances
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Appliances:Electric Cooktop, Dishwasher, Humidifier, Exhaust Fan, Oven, Convection Oven, Range Hood, Refrigerator, Tankless Water Heater, Water Heater, Water Purifier, Water Softener Owned
Schools
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Elementary School:Woodbrook Elementary School
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Middle Or Junior School:Clay Middle School
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High School District:Carmel Clay Schools
The Community
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Subdivision Name:Bayhill
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Association Amenities:Clubhouse, Insurance, Maintenance, Park, Playground, Management, Snow Removal, Tennis Court(s)
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Spa:true
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Spa Features:Bath
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Pool Private:false
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Association Fee Frequency:Quarterly
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Association:true
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Association Fee:305
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Association Fee Includes:Association Home Owners, Clubhouse, Entrance Common, Insurance, Maintenance, ParkPlayground, Management, Snow Removal, Tennis Court(s)
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Management Company Name:Kirkpatrick
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Attached, Garage Door Opener
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Garage:true
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Garage Spaces:3
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Garage & Parking:Finished Garage,Garage Door Opener,Keyless Entry,Service Door,Other
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Garage SqFt:782
Monthly cost estimate

Asking price
$959,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,139
|
Taxes | $659 |
Insurance | $263 |
HOA fees | $102 |
Utilities | $192 See report |
Total | $6,355/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/11/25
Jul 11, 2025
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Listed / Active | MIBOR | $959,900 |