# 8649 Bay Colony Drive, Indianapolis, IN 46234

> **TL;DR:** 3bd/4ba single family, $1,200,000 ($236/sqft), built 1984, 5,078 sqft.
> Fireplace, Waterfront, View, Basement. Est. $5,200/mo. Listed 140 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Price/sqft | $236 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 2 half |
| Square Feet | 5,078 |
| Year Built | 1984 |
| Lot Size | 44,867 sqft (1.03 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 140 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Nearby Schools

- **Elementary:** Eagle Creek Elementary School
- **Middle:** Lincoln Middle School
- **High:** Pike High School

## Key Amenities

- Fireplace
- Waterfront
- View
- Basement

## Property Highlights

- Built in 1984
- 1.03 acre lot
- Fireplace
- Waterfront

## Description

### Agent Description
Discover lakeside living at its finest in the prestigious Bay Colony community on Eagle Creek Reservoir. This stunning 3-bed, 4-bath (2 Full/2 half) home offers over 5,000 sq ft of beautifully appointed living space on a rare 1-acre lot with direct water access. Beautiful Living Room with stone fireplace, wood ceiling and stunning floor, formal dining room, kitchen, breakfast room, laundry room and 3 car garage. Primary bedroom on main with a private deck and fireplace, attached bath with spa tub, separate tiled shower, double vanities and large walk-in closet. 1/2 bath and Office w/built-ins rounds out this well appointed first floor. Down 1 level leads to Family room w/fireplace, bar, storage, 1/2 bath and 2 large bedrooms with Jack & Jill bath. Down another level brings you to an in-home gym w/equip, theatre room, walk-out to back yard as well as an additional 2 car garage! Traditional architectural details blend with serene natural surroundings to create an inviting retreat just minutes from downtown Indianapolis. Bay Colony is a private, gated neighborhood known for its exclusive waterfront homes, mature trees, and peaceful setting. Experience the best of comfort, space, and scenery in this remarkable property.

## Location

- **Address:** 8649 Bay Colony Drive, Indianapolis, IN 46234
- **County:** Marion
- **Neighborhood:** Bay Colony
- **Coordinates:** 39.849717, -86.315436
- **Google Maps:** https://www.google.com/maps?q=39.849717,-86.315436

## Listing Agent

- **Name:** Vicki Reed
- **Brokerage:** Keller Williams Indy Metro NE
- **Phone:** 3179197931
- **Email:** vlrrealestate@gmail.com

## Primary Photo

![8649 Bay Colony Drive - Primary Photo](http://lh.rdcpix.com/181179f2361cb2bc532b1acf2035ce9al-f634441986r.jpg)

*76 total photos available on [listing page](https://www.propertysimple.com/listing/8649-bay-colony-drive-indianapolis-in-46234-22074264)*

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**MLS#:** 22074264 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8649-bay-colony-drive-indianapolis-in-46234-22074264)

---

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