Description
Premier Development Opportunity - 62 Acres with Approved Building Sites and Private Lake This exceptional 62-acre property offers a rare investment and development opportunity just minutes from Interstate 74. With rezoning completed and infrastructure planning already in place, the property is positioned for immediate development. The property includes 10 approved building sites, each exceeding two acres and served by a private road, creating an ideal setting for an upscale rural residential development. The large lot sizes meet today's demand for estate-style homesites that provide privacy, recreation, and convenient access to nearby employment centers. A key feature is the professionally engineered 15-acre lake, designed to maintain consistent water levels and enhance both lot values and marketability. An additional 15.38 acres surrounding the lake is designated as common area, providing shared ownership and recreational access for all 12 lot owners. Established trails, abundant wildlife, and a scenic half-acre pond further enhance the property's appeal. The location provides excellent access to Interstate 74 and is conveniently situated near Greensburg, Indianapolis, Cincinnati, and major regional employers. Demand in the area remains strong among professionals seeking larger homesites and a rural lifestyle without sacrificing convenience. Also included is a well-maintained 2-bedroom, 1-bath home with an attached three-car garage, workshop, storage building, and shipping containers. These improvements offer potential for rental income, project headquarters, or caretaker housing during development. This property presents a unique opportunity to develop premium estate lots, create a private residential community, or hold as a long-term investment.
-
0BEDS
-
61.94ACRES
-
0BATHS
-
01/2 BATHS
Description
Premier Development Opportunity - 62 Acres with Approved Building Sites and Private Lake This exceptional 62-acre property offers a rare investment and development opportunity just minutes from Interstate 74. With rezoning completed and infrastructure planning already in place, the property is positioned for immediate development. The property includes 10 approved building sites, each exceeding two acres and served by a private road, creating an ideal setting for an upscale rural residential development. The large lot sizes meet today's demand for estate-style homesites that provide privacy, recreation, and convenient access to nearby employment centers. A key feature is the professionally engineered 15-acre lake, designed to maintain consistent water levels and enhance both lot values and marketability. An additional 15.38 acres surrounding the lake is designated as common area, providing shared ownership and recreational access for all 12 lot owners. Established trails, abundant wildlife, and a scenic half-acre pond further enhance the property's appeal. The location provides excellent access to Interstate 74 and is conveniently situated near Greensburg, Indianapolis, Cincinnati, and major regional employers. Demand in the area remains strong among professionals seeking larger homesites and a rural lifestyle without sacrificing convenience. Also included is a well-maintained 2-bedroom, 1-bath home with an attached three-car garage, workshop, storage building, and shipping containers. These improvements offer potential for rental income, project headquarters, or caretaker housing during development. This property presents a unique opportunity to develop premium estate lots, create a private residential community, or hold as a long-term investment.
© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.
Based on information submitted to the MLS GRID as of 2026-07-15T15:25:56.4. 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.
Click here for MLS GRID DMCA Notice