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- Description
- Property Details
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- Facts & Features
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$529,900
Monthly Est:$2,638
4 Beds
- 4 Baths
2 full baths + 2 half baths
3,166sqft
5239 E Colonial Oaks Dr, Monticello, IN 47960
$529,900
$2,638/moEst:
Get Pre-Approved
Manufactured On Land
Built in 1991
$-- HOA
1.45 acres lot
$167/sq.ft
Description
Wake up to the breathtaking views of beautiful Lake Freeman! Nestled on a beautifully wooded 1.45 acres setting consisting of three separate lots. The multiple lot configuration also provides valuable flexibility and future possibilities for the new owner, making this a truly unique Lake Freeman property. This 3166 square foot home offers the perfect blend of comfort, space and year round recreation. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 2 full baths and 2 half baths. The desirable main level primary suite provides comfort and convenience, while the inviting family room, complete with a cozy fireplace, creates the perfect gathering space after a day on the lake. The walkout basement offers additional living and entertaining space with easy access to the waterfront. Step outside onto the deck and patio where you'll enjoy spectacular views of Lake Freeman. Ideal setting for morning coffee, outdoor dining or simply relaxing and taking in the water views. Boating enthusiasts will appreciate the included boat lift, making it easy to get out on the lake whenever the mood strikes. Storage is abundant with both an attached 2 car garage and an additional detached 2 car garage, providing plenty of room for vehicles, boats, and all your lake toys. Whether you are searching for a full time residence or the perfect weekend retreat, this rare property offers privacy, incredible views, and exceptional flexibility for the future all while providing the water lifestyle you've been dreaming of.
- Houzeo last checked: 3 minutes ago (October 9, 2026 at 9:45 am)
- Listing updated: October 6, 2026 at 9:32 pm
- Listing Provided by: Mary Pomasl (574) 721-4796 | MPR Realty, LLC
- Source: Indiana Regional MLS-IN | MLS#: 202632311

Property Details
Status
Active
Type
Manufactured Mobile Home
No. of Stories
-
County
--
City
Neighborhood
--
Year Built
1991
HOA Fees
-
Finished Area
3,166 sqft
Lot Size
1.45 acres lot
Basement Area
- sqft
MLS Name
Indiana Regional MLS
MLS Number
202632311
MLS Status
Active
Days on Market
61

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Flooring
Carpet, Ceramic Tile, Laminate
Interior Features
Ceiling Fan(s), Closet(s) Walk In, Garage Door Opener, Tub And Separate Shower, Tub/shower Combination, Main Level Bedroom Suite, Main Floor Laundry
Sewer
City
Appliances
Dishwasher, Microwave, Refrigerator, Washer, Boat Lift Covered, Dryer Gas, Gas Range, Gas Water Heater, Water Softener Owned
Heating
Natural Gas
Cooling
Central Air
Construction
Year Built
Year Built: 1991
Home type
Manufactured On Land
Architectural Style
Contemporary
Foundation Details
Block
Roof
Shingle
Construction Materials
Vinyl Siding
Utilities & Energy
Basement
Walk Out Access
Water Source
Well
Parking Features
Concrete
Fireplace Features
Great Room
Association Amenities
Boat Dock
Other Features
Lot Features
Lake, Water View
Subdivision Name
Lake Freeman
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Price Decreased | $529,900 -11.67% $167/sqft |
09/07/2026 Source: | Price Decreased | $599,900 -3.23% $189/sqft |
08/27/2026 Source: | Price Decreased | $619,900 -1.59% $196/sqft |
08/07/2026 Source: | Price Increased | $629,900 +18.87% $199/sqft |
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