Waterfront
Address
8649 Bay Colony Drive, Indianapolis, IN
Price
$ 1,150,000
Property Attributes
- MLS#22074264
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaPike
- NeighborhoodBay Colony
- Zip46234
- StyleSplit Level,Traditional
- Year Built1984
- Taxes$ 17786
- Price$ 1,150,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms2
- Sqr Footage5078
- Lot Size1.03 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Discover lakeside living at its finest in the prestigious Bay Colony community on Eagle Creek Reservoir. This stunning 3-bed, 4-bath (2 Full/2 half) home offers over 5,000 sq ft of beautifully appointed living space on a rare 1-acre lot with direct water access. Beautiful Living Room with stone fireplace, wood ceiling and stunning floor, formal dining room, kitchen, breakfast room, laundry room and 3 car garage. Primary bedroom on main with a private deck and fireplace, attached bath with spa tub, separate tiled shower, double vanities and large walk-in closet. 1/2 bath and Office w/built-ins rounds out this well appointed first floor. Down 1 level leads to Family room w/fireplace, bar, storage, 1/2 bath and 2 large bedrooms with Jack & Jill bath. Down another level brings you to an in-home gym w/equip, theatre room, walk-out to back yard as well as an additional 2 car garage! Traditional architectural details blend with serene natural surroundings to create an inviting retreat just minutes from downtown Indianapolis. Bay Colony is a private, gated neighborhood known for its exclusive waterfront homes, mature trees, and peaceful setting. Experience the best of comfort, space, and scenery in this remarkable property.
| Elementary School | Middle School | High School |
|---|---|---|
| Eagle Creek Elementary School | Lincoln Middle School | Pike High School |
| Price History | |
|---|---|
| 11/21/2025 | Listed $1,200,000 |
| 6/19/2026 | 5$1,150,000 |
General Features
| Heating | Forced Air,Heat Pump,Electric |
|---|---|
| Cooling | Central Air |
| Utilities | Natural Gas Available |
| Possession | Closing |
| Appliances | Dishwasher,Dryer,Disposal,Electric Oven,Refrigerator,Washer,Wine Cooler,MicroHood,Electric Water Heater,Water Softener Owned |
| HOA Fee | 730 |
| Garage Spaces | 4 |
| Association Fee Includes | Clubhouse,Entrance Common,Insurance |
| Patio/Porch Features | Deck |
| Architectural Style | Split Level,Traditional |
| Construction Materials | Stone,Wood Siding |
| Year Built | 1984 |
| View | Water |
| Township | Pike |
| Levels | Multi/Split |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Waterfront Features | Water Access,Dock |
| Assoc Fee Paid Per | Semi-Annually |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | Bay Colony |
| Facing Direction | North |
| Garage Y/N | Yes |
| Total Rooms | 12 |
| Full Baths | 2 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Pike High School |
| City | Indianapolis |
| High School District | MSD Pike Township |
| MLS Area | 4902 - Marion - Pike |
| Lot Size Square Feet | 44910 |
| Spa Features | Private |
| Elementary School | Eagle Creek Elementary School |
| Property Attached Y/N | No |
| Current Financing | Conventional |
| Middle/Junior High School | Lincoln Middle School |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Tax Lot | 19 |
| Virtual Tour | https://youtu.be/_ko8Gk0z1iM |
| Legal Description | Bay Colony L19 |
Interior Features
| Interior Amenities | Attic Access,Attic Pull Down Stairs,Built-in Features,Cathedral Ceiling(s),Walk-In Closet(s),Hardwood Floors,Paddle Fan,Eat-in Kitchen,Hi-Speed Internet Availbl,Pantry,Wet Bar |
|---|---|
| Basement | Ceiling - 9+ feet,Finished Ceiling,Walk-Out Access |
| Total Fireplaces | 3 |
| Fireplace Features | Primary Bedroom,Family Room,Living Room |
| Basement (Y/N) | Yes |
| Half Baths | 2 |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 1000 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Assessor |
| Total Baths | 4 |
Exterior Features
| Parking Features | Asphalt,Attached,Garage Door Opener,Garage Faces Side,Heated Garage |
|---|---|
| Lot Features | Gated Community,Mature Trees |
| Water Source | Private |
| Foundation Details | Concrete Perimeter |
| Spa | Yes |
| Building Area Total | 5078 |
| Lot Size Acres | 1.03 |
| Waterfront Y/N | Yes |
| Other Equipment | Smoke Alarm |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46234
Price
Taxes
Year Built
Visits
In The Neighborhood
Reduced
Indianapolis
$ 1,250,000
- Type
- Single Family
Listed by Kim Stewart of Star Harbor Realty, LLC
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Metropolitan Indianapolis may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: August 19, 2026 6:28 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
