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Experience lakefront living at its finest with this stunning 3-bedroom, 2.5-bathroom home perched on a gently sloping lot overlooking the beautiful Oliver Lake channel. Meticulously maintained and thoughtfully updated over the years, this home offers numerous upgrades, including updated flooring, bathrooms, windows, doors, a newer roof, and a brand-new dock spanning the entire 74 feet of channel frontage. Ideally located at the center of the channel with picturesque views leading to the main lake, this home delivers substantial waterfront charm while benefiting from channel-front tax rates. Offered completely turnkey, this home includes everything you need: beds and linens, towels, toiletries, kitchen dishware, utensils, small appliances, rugs, sofa seating, dining sets, outdoor furniture, paddleboards, and kayaks. **As a bonus,** this property has operated as a successful short-term rental, earning a 5-star rating with over 70 stays and glowing reviews. It's a rare opportunity for homeowners and investors alike! Inside, you’ll find a cozy gas fireplace, a spacious primary suite, and **incredible storage**—rare for any lake home—with an abundance of closets. The open-concept kitchen features updated appliances, floating shelves, and a separate BULTERS pantry WITH SEPERATE PREP SPACE AND EXCESS BUILT IN STORAGE. A private half bath is conveniently located just off the attached 2-car garage. Outside, the HUGE screened and covered deck (outdoor furniture also included), open-air deck, two grills, and CUSTOM BUILT-IN fire pit THAT WAS ALSO PROFESSIONALLY INSTALLED provide the perfect setting for entertaining. The large  waterfront yard sits outside the flood zone and offers plenty of space for family, friends, and guests to spread out and enjoy waterfront living. Additional storage in the separate shed is perfect for lake gear and gardening tools. Oliver Lake is the area's largest natural spring-fed lake, renowned for its exceptionally clear water, sunken island, and access to two additional lakes—one of which is completely undeveloped and home to a county park along its south shore. Don’t miss this incredible opportunity to own a piece of paradise on Oliver Lake. Whether you’re looking for a serene retreat or a property that generates income to offset the cost of a secondary home, this property offers the perfect blend of comfort, beauty, and potential.YOU DO NOT HAVE TO REMOVE PIERS AT THIS LOCATION.PROPERTY FEATURES
Internal Rooms : Kitchen,Office,Storage,Workroom,Other
Public Utilities : Electric Hook-Up,Gas Hook-Up,Mun. Sewer Hook-Up,Private Common Wall
Sewer : City,Public
Electric Company : REMC
Gas Company : NIPSCO
Parking Type : PVT CONCRETE DBL DR W/2 CAR ATTD GARAGE
Fire Protection : Public
Road Access : County
Location : Other,Rural,Subdivision,Near Walking Trail
Water Features : Pier/Dock,Deeded
Exterior : Vinyl
Waterfront Property : Yes
Waterfront Type : Lake
Water Access : Channel Front/Canal
Water Name : Oliver Lake
Property Use : Investment Property,Vacant-Best for Owner/Usr
Present Use : Bed & Breakfast,Personal,Other
Special Features : Overhead Door 1,Office Space
Heating/Fuel : Gas,Forced Air
Cooling : Central Air
Construction Type 1 : RESIDENTIAL HOME
Roof Material : Asphalt,Shingle
Sea Wall Type : Rip Rap
Driveway : Concrete
Basement/Foundation : Crawl
Flooring : Laminate,Tile
Interior Walls : Drywall
Interior Height : 8
Ceiling Height : 8
Exemptions : No Exemptions
Documents Available: Plat Map,LBP Form,Sellers Disclosure
Number of Buildings : 1
Building 1 Story : 1
Building 1 Fin. Office Area : 1678 S.F
Building 1 Above Grd Area : 1678 S.F
PROPERTY DETAILS
Street Address: 0620 E 450 S OLIVER LAKE
City: Wolcottville
State: Indiana
Postal Code: 46795
MLS Number: 202446282
Year Built: 1961
Courtesy of Mike Thomas Associates
City: Wolcottville
State: Indiana
Postal Code: 46795
MLS Number: 202446282
Year Built: 1961
Courtesy of Mike Thomas Associates
Courtesy of Encore Sotheby's International
