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About This Home
This 4-bedroom, 4-bathroom single family at 725 Bluewater Drive in Monticello, IN is listed for $495,000 ($237 per sqft). Built in 1950, the home offers 2,092 sqft of living space on a 0.11 acres lot.
Riverfront living with quick boat access to Lake Freeman! This versatile property features a spacious 3-bedroom home, a detached Party Barn rec room, and a private guest suite off the back of the garage. The main home offers over 2,000 square feet of living space with an open-concept layout.
Highlights include a large family room, dining area, and kitchen on the main level, with a primary suite, two additional bedrooms, and another full bath upstairs. The 280 sq ft guest studio includes its own entrance, kitchenette, and full bath-ideal for visitors or rental potential.
The 860 sq ft Party Barn provides bright, open space with abundant natural light and a bar area, perfect for entertaining. Covered boat lift included. Excellent opportunity for year-round living, entertaining, or short-term rental income-don't miss it!
Key Features
- Built in 1950
- 0.11 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$2,647/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
725 Bluewater Drive
Monticello, IN 47960
No Subdivision
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 725 Bluewater Drive is listed at $495,000 ($237/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.11 acre lot, Fireplace, Waterfront. Interior Features: High Ceilings, Kitchen Island, Paddle Fan.
This property is listed by Cathy Russell and can be reached at 7654267000 or cathy@russellteam.com.


































