5259 E Willow
Monticello, IN 47960
- 5 beds
- 3 baths
- 8 sqft
- ~1/2 acre lot
- $97,243 per sqft
- – on site
**Lake Shafer Retreat – Stunning Waterfront Property!!** Looking for the perfect lakeside getaway? This beautifully designed home offers prime access to Main Lake Shafer, making it ideal for relaxing weekends on the water or sitting by the 15 x 38 heated pool. This home features 5/6 spacious bedrooms which provides plenty of room for guests or family members. 3 full baths with the primary being on main level with tiled walk in shower, soaking/jacuzzi tub and oversized walk in closet. The Open-concept kitchen flows seamlessly into the living space with beautiful built-in cabinetry creating an inviting atmosphere. You will love the two gas fireplaces, original hardwood floors, newly renovated bath off the kitchen, updated flooring and NEW appliances, NEW roof, furnace and AC in 2024. The Large concrete patio offers breathtaking views and outdoor entertaining, Stunning white vinyl privacy fence and steps leading to 125 ft. of water frontage, steel seawall and 2 electric covered boat lifts. Conveniently located near local shopping, dining, and town amenities. Whether you're looking for a vacation retreat, year-round home, or maybe a summer time Airbnb? this property checks all the boxes!
Last checked:
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Last updated May 6, 2025
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MLS# 202516203 —
The Building
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Year Built:1988
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New Construction:No
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Architecural Style:Traditional
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Style:Two Story
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Roof Material:Asphalt, Shingle
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Exterior:Cedar, Wood
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Amenities:Hot Tub/Spa, Alarm System-Security, Breakfast Bar, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Irrigation System, Landscaped, Open Floor Plan, Patio Open, Six Panel Doors, Wiring-Security System, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry
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Energy Efficient Win/Doors:Insulated Doors
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Basement:No
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Basement/Foundation:Crawl
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Total SqFt:4724
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Total Finished SqFt:4724
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Above Grade Finished SqFt:4724
Interior
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Kitchen Level:Main
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Dining Room Level:Main
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Living/Great Room Level:Main
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Family Room Level:Main
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Laundry Level:Main
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Flooring:Hardwood Floors, Carpet
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# of Fireplaces:2
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Fireplace:Family Rm, Living/Great Rm, Gas Log
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Fireplace:Yes
Room Dimensions
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Kitchen Length:18
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Kitchen Width:17
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Dining Rm Length:15
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Dining Room Width:16
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Living/Great Room Width:21
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Living/Great Room Length:27
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Family Room Length:17
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Family Room Width:18
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1st Bedroom Length:20
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1st Bedroom Width:16
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2nd Bedroom Length:15
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2nd Bedroom Width:13
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3rd Bedroom Width:12
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3rd Bedroom Length:16
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4th Bedroom Length:12
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4th Bedroom Width:14
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5th Bedroom Length:11
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5th Bedroom Width:12
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Laundry Room Length:9
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Laundry Room Width:8
Location
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Directions to Property:Go North of West Shafer Drive, Take a right into Highland Cove veer right at the T go to end of road, home on the left side
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Latitude:40.784161
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Longitude:-86.771901
The Property
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Parcel# ID:91-73-16-000-009.600-020
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Property Subtype:Site-Built Home
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Location:Lake, Rural Subdivision
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Lot Dimensions:.44
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Lot Description:Cul-De-Sac, Slope, Waterfront, Water View, Waterfront-Medium Bank
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Approx Lot Size SqFt:19166
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Approx Lot Size Acres:0.44
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Fence:Privacy, Vinyl
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Driveway:Concrete
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Waterfront:Yes
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Water Features:Pier/Dock, Deeded
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Water Type:Lake
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Water Access:Lakefront
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Water Frontage:125
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Water Name:Lake Shafer
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Lake Type:Access to Ski Lake
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:5006.68
Beds
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Total # Bedrooms:5
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1st Bedroom Level:Main
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2nd Bedroom Level:Upper
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3rd Bedroom Level:Upper
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4th Bdrm Level:Upper
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5th Bdrm Level:Upper
Baths
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Total Baths:3
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Total Full Baths:3
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# of Full Baths Main:2
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# of Full Baths Upper:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202516203
Heating & Cooling
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HVAC:Ceiling Fan, High Efficiency Furnace
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Heating Fuel:Gas, Forced Air
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Cooling:Central Air
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:Regional
Schools
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Elementary:Meadowlawn
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Middle School:Roosevelt
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High School:Twin Lakes
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School District:Twin Lakes School Corp.
The Community
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Subdivision:Highland Cove
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Common Amenities:None
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Pool:Yes
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Pool Type:Below Ground
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:26
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Garage SqFt:676
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Garage Width:26
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Garage/# of Cars:2
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Off Street Parking:Yes
Monthly cost estimate

Asking price
$777,950
Expense | Monthly cost |
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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. |
$4,165
|
Taxes | $1,597 |
Insurance | $213 |
Utilities | N/A |
Total | $5,975/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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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5/6/25
May 6, 2025
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Listed / Active | IRMLS | $777,950 |