1113 S Kitson Drive, Syracuse, IN 46567-9402

About this home

Opportunity on Lake Wawasee for an investor, experienced renovator or buyer looking for a project in a hard-to-beat location. Located near The Frog Tavern and within walking distance of downtown Syracuse, this approximately 600-square-foot channel-front property offers 40 feet of frontage and Pier #676-C012. The home sits on a small .03-acre lot with parking for approximately one vehicle and is being sold strictly AS IS. The existing floor plan includes a kitchen upon entry, one bedroom, a full bath and living room with access to the enclosed porch overlooking the channel. An older pier remains along the waterfront. This property requires extensive renovation and is not suitable for traditional financing. The channel frontage is currently heavily overgrown with cattails, and removal or waterfront work may require Indiana DNR approval. The channel is also shallow and may only accommodate a very small watercraft. Due to current setback requirements and the size of the lot, buyers should not assume the existing structure can not be removed and replaced with new construction. Buyer is responsible for completing all desired due diligence regarding renovations, structural condition, setbacks, DNR requirements, waterfront use, pier, channel depth and future improvements prior to purchase. For the right buyer with the vision and resources to take it on, the value here is in the Lake Wawasee location—channel frontage, close proximity to town and the opportunity to bring new life to an existing property in one of Syracuse's most recognizable lake areas.