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Open House:  Sunday, September 08, 2024, From 1:00 PM - 3:00 PM

$1,450,000 ā†“$200,000on 9/6/2024

87 E Long Lake Road Valparaiso, IN  46383

  • 6 Beds
  • 7 Baths
  • 5,976 sq. Ft
EXPLORE TUCKER LUXURY

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Property Description for 87 E Long Lake Road Valparaiso, IN 46383

Welcome to what was once known as the historical Long Lake Hotel. This 6 bedroom, 6 1/2 bath unique estate property dates back to the Prohibition Era when it was a 10-room hotel only accessed by a hand-pulled ferry across Long Lake to bring guests to the (then) island resort. Today this enchanted property has been fully updated with new electrical, plumbing, HVAC and high-end finishes. The pine floors have been restored to original condition. The under-house garage has been converted into a bunk house that sleeps 10. The wrap-around, all windows 3-season porch has been converted to a 600 square foot year-round dining/living space. The incredible lake view includes 150+ feet of beachfront and a dock for your pontoon boat to fully enjoy 65 acre Long Lake and adjacent Canada Lake. There are two master suites with completely redesigned bathrooms and walk-in closets. One master suite includes a steam shower and pedestal tub. The guest suite is designed to accommodate a full kitchen and stackable washer/dryer. Professionally designed gardens and lush landscape also include multiple seating areas, hot tub and a new 750 square foot brick paver patio and pergola for group entertaining. Lake-drawn irrigation supports daily watering to maintain sculptured gardens. Koi pond with waterfall, chicken coop and honey bees round out this magical property.This residential property is uniquely zoned commercial from its days as a hotel. With sleeping space to accommodate 20+ and driveway parking for 18 cars, this property is well suited to become an Airbnb and event venue rental. A wedding event for 125 guests was recently hosted here! Truly a one of a kind historic property that is rarely available on the real estate market! This property is being sold as is.

Sunday, September 08, 2024, From 1:00 PM - 3:00 PM

Address:87 E Long Lake Road Valparaiso IN 46383
Status:Active
on site: 61 days
Price:$1,450,000
Bedrooms:6 Beds
Bathrooms:6 Full Baths, 1 Half Baths
Sq. Feet:5,976
Year Built:1910
Lot Size:1.65
County: Porter
Township: Liberty
School System : Duneland
MLS #:806513
Property Type:Single Family Residence

Lot Dimensions:Irregular
Directions:Calumet Ave, West on Edgewater Beach Rd to N County Road 90 East (East Long Lake Rd)
Total Sq. Ft. :5,976
Basement:Yes

Loan Price
$8,168
Price And Interest $7,564/month
Property Tax $0/month
MTG INS $0/month
HOME INS $604/month
Price
$1,450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$7,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/08/24 $1,650,000 $1,450,000 -12.12%
08/02/24 $1,950,000 $1,650,000 -15.38%

RoomSizeLevel
Kitchen Info Not Available
Living Room Info Not Available
Other 4 Info Not Available
Primary Bedroom ensuite Info Not Available
Bedroom 2 closet Info Not Available
Bedroom 3 Secondary Info Not Available
Bedroom 4 guest Info Not Available
Bedroom 5 exterior Info Not Available
Bedroom 6 Bunk Info Not Available
Laundry Info Not Available
Utility Room Info Not Available
Office Above Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46383

School System:Duneland

Total Sq. Ft.:5,976
Interior Features:Attic Stairway, Whirlpool Tub, Walk-In Closet(s), Smart Thermostat, Primary Downstairs, Natural Woodwork, Pantry, In-Law Floorplan, Kitchen Island, Beamed Ceilings, Entrance Foyer, Eat-in Kitchen, Country Kitchen, Chandelier, Ceiling Fan(s), Bidet
Appliances:Dishwasher, Refrigerator, Water Softener Owned, Water Purifier Owned, Washer, Stainless Steel Appliance(s), Microwave, Other, Humidifier, Gas Range, Gas Water Heater, Dryer, Freezer, Exhaust Fan, Disposal
Exterior Features:Balcony, Private Yard, Storage, Smart Lock(s), Smart Irrigation, Smart Camera(s)/Recording, Rain Gutters, Other, Lighting, Boat Slip, Garden, Fire Pit, Dock
Heat:Ductless, Natural Gas, Forced Air, Fireplace(s), ENERGY STAR Qualified Equipment
Total Rooms:12
EXPLORE TUCKER LUXURY
Jeff Safrin, REALTORĀ®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of Susie Jaskowiak with @properties/Christie's Intl RE from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/08/2024 12:00 AM. 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.





Valparaiso Market Report

65
Avg. DOM
$191.06
Avg. $ / Sq.Ft.
$ 459,900
Med. List Price

The house prices in Valparaiso are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Valparaiso are going Down. The average house price is $463,500.00 and the average price per square feet is $190.28 per square feet. At the moment, the amount of homes listed is exactly 7012 houses, with 235 with active status, 3 with pending status and 6774 sold in Valparaiso .

The most popular place to buy a home in Valparaiso is Vigo County. Vigo County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Valparaiso .

The average amount of property taxes you would have to pay for a home in Valparaiso is $2,370.26. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Valparaiso are staying listed for an average of 0 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Valparaiso was 199 minutes ago.

At the moment we have 23 open houses that you can visit.

The cost of the most expensive home in Valparaiso is $2,400,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Valparaiso is $149,999.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Valparaiso in year 1878 and the newest built house is in year 2024.

The average size of properties in Valparaiso is 2942.69 sq.ft. , the biggest one being 11100 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.