5239 E Colonial Oaks Drive

Monticello, IN

$599,900

5239 E Colonial Oaks Drive, Monticello, IN 47960

Monticello, IN 47960 · Lake Freeman

MLS# IRM202632311

Listed 33 days ago

4 Beds
4 Baths
3,166 Sq. Ft.

About this home

Wake up to the breathtaking views of beautiful Lake Freeman! Nestled on a beautifully wooded 1.45 acres setting consisting of three separate lots. The multiple lot configuration also provides valuable flexibility and future possibilities for the new owner, making this a truly unique Lake Freeman property. This 3166 square foot home offers the perfect blend of comfort, space and year round recreation. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 2 full baths and 2 half baths. The desirable main level primary suite provides comfort and convenience, while the inviting family room, complete with a cozy fireplace, creates the perfect gathering space after a day on the lake. The walkout basement offers additional living and entertaining space with easy access to the waterfront. Step outside onto the deck and patio where you'll enjoy spectacular views of Lake Freeman. Ideal setting for morning coffee, outdoor dining or simply relaxing and taking in the water views. Boating enthusiasts will appreciate the included boat lift, making it easy to get out on the lake whenever the mood strikes. Storage is abundant with both an attached 2 car garage and an additional detached 2 car garage, providing plenty of room for vehicles, boats, and all your lake toys. Whether you are searching for a full time residence or the perfect weekend retreat, this rare property offers approximately 1.6 acres across 3 separate lots, privacy, incredible views, and exceptional flexibility for the future all while providing the water lifestyle you've been dreaming of.

Property Details

Type
Residential
Year Built
1991
Lot Size
1.45 acres
Listed
33 days ago
County
White County
Listing Office
MPR Realty, LLC

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$3,033/mo

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$3,033
Loan amount
$479,920

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Listed by MPR Realty, LLC. Contact Cell: 574-721-4796.

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Redlow Group

Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 24, 2026 at 12:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 24, 2026 at 12:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.