Golf Course
1969 N West Shafer Drive, Monticello, IN
$ 2,350,000
Property Attributes
  • MLS#202211175
  • TypeMulti-Family
  • CountyWHITE
  • CityMonticello
  • AreaUnion
  • Zip47960
  • Style
  • Year Built1996
  • Taxes$ 13596
  • Price$ 2,350,000
  • Bedrooms76
  • Full Bathrooms80
  • Half Bathrooms0
  • Sqr Footage37984
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Incredible investment opportunity in a thriving area, perfectly situated less than two hours from Chicago and Indianapolis sits PineView Resort. This cashcow features 7.57 acres, 37,000 square feet of finished space including 76 rooms for rent, 300+ person banquet hall w/bar, breakfast room, 40 person conference/event room, 2 commercial laundry rooms, jacuzzi/sauna/pool, liquor license, and parking space for 200+ vehicles. New roof and many other updates throughout. All within one mile from Indiana Beach amusement park, Tippecanoe Country Club, PineView Golf Course, and downtown Monticello. Minutes from both Lake Shafer and Lake Freeman which helps bring in nearly a million visitors per year to the area.

Elementary School Middle School High School
Meadowlawn Elementary School Roosevelt Middle School Twin Lakes High School
Price History
4/2/2022 Listed $2,350,000

General Features

Age 26
Agent First Name Cody
Agent Last Name Miller
Assoc. Dues Frequency Not Applicable
Basement Slab
Bathrooms 80
Beds 76
Cooling Central Air, Multiple Cooling Units, Wall AC
Elementary School Meadowlawn
Features Ceiling Fan, Hot Tub/Spa, Skylights, Storage, Bar, Breakfast Bar, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceilings-Beamed, Ceilings-Vaulted, Garden Tub, Irrigation System, Landscaped, Water Heater Tankless
Full Baths 80
Heating Gas, Conventional, Forced Air, Wall Heater, Multiple Heating Systems
High School Twin Lakes
Legal Description PT NW; 21-27-3; 7.568
Listing Area White County
Middle School Roosevelt
New Construction No
Pet Restrictions Y/n No
Pool Y/N Yes
School District Twin Lakes School Corp.
Sewer Regional
Status Active
Status Active
Stories 1
Style One Story
Subdivision None
Tax Year 2021 pay 2022
Tenant Pays None, Tax
Total Sq Ft 37984
Type Other
Virtual Tour
Year Built 1996

Interior Features

Above Grade Bedrooms 76
Basement Y/n No
Dishwasher(s) 2
Dryer(s) 5
Flooring Carpet, Ceramic Tile, Finished, Mixed
Microwaves 80
Num. Of 1 Bedrooms 76
Num. Of Efficiencies 76
Ranges/Ovens 80
Refrigerators 80
Total Number of Units 76
W/D Hookups 5
Washers 5

Exterior Features

Approx. Lot Size Acres 7.57
Exterior Aluminum, Metal, Vinyl, Wood
Lot Description Corner, Irregular, Level, 6-9.999
Lot Dimensions irregular
Lot Size Area 329749
Number of Parking Spaces 230
Outbuilding Pole/Post Building
Pool Type Below Ground
Waterfront Y/N No


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on August 10, 2022 5:31 PM UTC

Property vs Multi-Family Average in 47960

AVG $1.06M
AVG $5,689
AVG 30
Year Built
AVG 2001