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- Description
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- Facts & Features
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$4,200,000
Monthly Est:$20,905
-- Bed
- -- Bath
28.26acres lot
16405 Carey Rd, Westfield, IN 46074
$4,200,000
$20,905/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
28.26 acres lot
$148,620/acre
Description
Discover a rare opportunity to secure nearly 35 acres in one of Westfield's most desirable and fast-growing corridors. Located just northwest of 161st Street and Carey Road, this offering includes 28.27 acres of residential land and a highly desirable 6.657-acre commercial parcel zoned SF2, providing exceptional flexibility for elevated residential, commercial, or mixed-use development. Surrounded by affluent neighborhoods-including the prestigious Bridgewater community-the property offers immediate access to Carey Elementary School, Kroger, US-31, and US-32, placing it firmly within Westfield's thriving growth pattern. The residential acreage holds the potential for approximately 38 upscale homes based on prior planning, while the SF2-zoned commercial parcel is ideal for retail, wholesale, merchandising establishments, and professional services that support and enhance the surrounding community. Permitted SF2 uses include single-family dwellings, churches, private schools without dormitories, public parks, accessory buildings, golf courses, fire stations, temporary construction buildings, signs, stables, cemeteries, utilities, child care homes (IC 36-7-4-1108), and residential facilities for the mentally ill (IC 12-28-4-7). With its prestigious location, strong demographics, and versatile zoning, this property stands as a premier development opportunity in one of Indiana's most sought-after markets.
- Houzeo last checked: 8 minutes ago
- Listing updated: January 19, 2026 at 6:49 pm
- Listing Provided by: Jennil Salazar | Compass Indiana, LLC (317) 610-6252
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22055814

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
28.26 acres lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22055814
MLS Status
Active
Days on Market
327
Cumulative Days on Market
285

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Not Applicable
Other Features
Subdivision Name
No Subdivision
Price History
| Date | Event | Price |
|---|---|---|
11/15/2025 Source: #MBR22055814 | Listed for Sale | $4,200,000 +44.88% $0/sqft |
08/10/2025 Source: | Listing Removed | $2,899,000 $0/sqft |
02/14/2025 Source: | Pending | $2,899,000 $0/sqft |
07/17/2024 Source: | Listed for Sale | $2,899,000 $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 08, 2026, 10:31PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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