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Street View
$299,000
Monthly Est:$1,488
2 Beds
- 2 Baths
1 full bath
1,480sqft
1502 Island Blvd, Lowell, IN 46356
$299,000
$1,488/moEst:
Get Pre-Approved
Single Family Residence
Built in 1957
$-- HOA
5,358 sqft lot
$202/sq.ft
Description
KANKAKEE RIVER WATERFRONT RETREAT COMPLETELY REBUILT & TURNKEY! This exceptional 2-bedroom, 2-bath waterfront home has been completely rebuilt by the owners, transforming it into a beautiful and unique riverfront retreat. Currently operating as a high-producing Airbnb with EVERYDAY BOOKED FOR THE NEXT 6 MONTHS. This property offers the rare opportunity to purchase an established income-producing waterfront home that can also be enjoyed personally. Situated at the end of a quiet street, this 1,480sq/ft home offers direct access to the Kankakee River and is surrounded by more than 30,000 acres of public land, wildlife areas and nature preserves. ALL furniture, appliances, decor, kitchenware, games, televisions and contents are negotiable...Inside, the home features a charming 2-story layout with a full kitchen, dining room, living room, playroom area and full bath on the main level. Upstairs are two spacious bedrooms, each featuring a mezzanine with beautiful river views, plus access to a large balcony and a second full bath. One bedroom offers a king-size bed, while the second includes a queen bed and two twin beds. The home's distinctive retro-inspired design gives it exceptional personality and character...Outdoor living is where this property truly shines. Enjoy your morning coffee overlooking the river, fish from the private dock, gather around the fire pit, relax on the deck or take in the scenery from the expansive upstairs balcony. The Kankakee River provides endless opportunities for kayaking, canoeing, paddleboarding, boating, tubing and fishing, with a rebuilt public boat launch just blocks away. The surrounding area also offers exceptional opportunities for hiking, wildlife watching, fishing and hunting...Additional features include a 9 x 18 storage shed, paved driveway, carport, fireplace, multiple entertaining areas and low taxes. The home is fully furnished making this a TRUE WATERFRONT TURNKEY OPPORTUNITY.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 4, 2026 at 9:22 pm
- Listing Provided by: David Harkabus (219) 313-1669 | BHHS Executive Realty (219) 663-1986
- Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 844296

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
1,480 sqft
Lot Size
5,358 sqft lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
844296
MLS Status
Active
Days on Market
46

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher, Disposal
Interior Features
Ceiling Fan(s)
Exterior Features
Balcony
Sewer
Septic Tank
Heating
Central, Forced Air
Utilities & Energy
Electric
100 Amp Service
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected
Fireplace Features
Family Room
Parking Features
Other
Water Source
Well
Other Features
Lot Features
Other
Subdivision Name
Unre Shady Shores Add
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Listed for Sale | $299,000 +88.05% $202/sqft |
03/04/2024 Source: | Price Decreased | $159,000 -11.17% $107/sqft |
02/14/2024 Source: | Sold | $179,000 $121/sqft |
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Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Oct 10, 2026, 01:31PM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. 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 is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
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