Price Reduction - Waterfront
Address
4218 E Lakeview Drive, Martinsville, IN
Price
$ 774,900
Property Attributes
- MLS#22112883
- TypeSingle Family
- Listing Status Active
- CountyMORGAN
- CityMartinsville
- AreaJackson
- NeighborhoodPainted Hills
- Zip46151
- StyleTraditional
- Year Built1975
- Taxes$ 1548
- Price$ 774,900
- Bedrooms2
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3120
- Lot Size0.55 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Welcome to the most coveted lakefront home in the private Painted Hills Lake Community, where every day feels like a vacation & every sunset becomes your own private masterpiece. Perfectly positioned on over 160' of shoreline along the peaceful 46-acre Lake Nebo, this exceptional waterfront retreat was designed for unforgettable entertaining, year-round recreation & effortless lakeside living. Nearly every room captures breathtaking panoramic water views, while multiple covered porches, expansive decks & outdoor gathering spaces create the perfect setting for morning coffee, sunset cocktails, summer cookouts & making lifelong memories. Enjoy front row views of the community's spectacular July 4th fireworks from the comfort of home, then unwind in the hot tub or listen to live music drifting across the water from nearby Cedar Creek concerts. This private waterfront is truly unmatched, featuring your own dock with surround sound, diving board & waterslide, plus a cornhole lane for endless fun with family & friends. Whether you're boating, kayaking, paddleboarding, fishing, swimming, or simply relaxing by the water, this property is one of the premier lakefront lifestyles in Morgan County. Inside, expansive windows fill the home with natural light while showcasing incredible lake views throughout. Multiple gathering spaces provide the perfect balance of everyday comfort & entertaining. With 3 fireplaces & oversized rooms the flexible floor plan offers outstanding potential to easily add additional bedrooms, making it ideal for hosting guests, multi-generational living or creating the ultimate luxury lake retreat. Ownership includes access to all the amenities including the 150-acre ski lake, Lake Holiday, private beach, swimming pool, clubhouse, members only restaurant & bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, fishing docks swimming docks & year-round community events. Located 30 min from Bloomington & Indianapolis Airport.
| Elementary School | Middle School | High School |
|---|---|---|
| Indian Creek Elementary School | Indian Creek Middle School | Indian Creek Sr High School |
| Price History | |
|---|---|
| 7/17/2026 | Listed $799,900 |
| 8/10/2026 | 4$774,900 |
General Features
| Heating | Forced Air,Propane,Ductless,Wood Stove |
|---|---|
| Cooling | Central Air,Wall Unit(s) |
| Utilities | Cable Available |
| Possession | Closing |
| Appliances | Gas Cooktop,Dishwasher,Dryer,Electric Water Heater,Disposal,Microwave,Oven,Electric Oven,Refrigerator,Bar Fridge,Washer,Water Purifier |
| HOA Fee | 950 |
| Garage Spaces | 2 |
| Association Fee Includes | Clubhouse,Maintenance,ParkPlayground,Pickleball Court,Security,Snow Removal,Tennis Court(s),Other |
| Patio/Porch Features | Covered,Deck,Screened |
| Architectural Style | Traditional |
| Security Features | Smoke Detector(s) |
| Construction Materials | Vinyl With Stone |
| Year Built | 1975 |
| Electric | 200+ Amp Service |
| View | Lake,Rural,Trees/Woods,Water |
| Township | Jackson |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | Boat Slip,Dock,Lake Privileges,Lake Front,Water Access,Water View,Waterfront |
| Assoc Fee Paid Per | Annually |
| County | Morgan |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Clubhouse,Maintenance,Park,Playground,Pickleball Court(s),Security,Snow Removal,Tennis Court(s) |
| HOA | Yes |
| Subdivision Name | Painted Hills |
| Facing Direction | Northwest |
| Garage Y/N | Yes |
| Other Structures | Outbuilding |
| Total Rooms | 10 |
| Full Baths | 3 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Indian Creek Sr High School |
| City | Martinsville |
| High School District | Nineveh-Hensley-Jackson United |
| MLS Area | 5511 - Morgan - Jackson |
| Lot Size Square Feet | 24089 |
| Spa Features | Above Ground,Private |
| Elementary School | Indian Creek Elementary School |
| Property Attached Y/N | No |
| Current Financing | Conventional,FHA,USDA,VA |
| Middle/Junior High School | Indian Creek Middle School |
| Property Condition | Updated/Remodeled |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Tax Lot | 254A |
| Virtual Tour | https://www.DanielleStiles.com |
| Legal Description | Lot 254A Painted Hills Subdivision 3rd |
Interior Features
| Interior Amenities | Breakfast Bar,Built-in Features,Cathedral Ceiling(s),Ceiling Vaulted,Entrance Foyer,Paddle Fan,Hi-Speed Internet Availbl,Pantry,Smart Thermostat,Supplemental Storage,Wired for Sound,Walk-In Closet(s) |
|---|---|
| Total Fireplaces | 3 |
| Fireplace Features | Library,Family Room,Blower Fan,Insert,Gas Starter,Great Room,Living Room,Recreation Room,Wood Burning |
| Basement (Y/N) | No |
| Laundry Features | In Unit,Connections All,Laundry Room,Main Level |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraisal |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Balcony,Barn Mini,Storage,Gas Grill,Gutter Guards,Fire Pit,RV Hookup,Storage Shed,Tennis Community,Other |
|---|---|
| Fencing | Invisible |
| Parking Features | Attached |
| Lot Features | Close to Clubhouse,Rural - Subdivision,Sidewalks,Mature Trees,Wooded |
| Water Source | Public |
| Foundation Details | Other |
| Spa | Yes |
| Building Area Total | 3120 |
| Lot Size Acres | 0.55 |
| Waterfront Y/N | Yes |
| Other Equipment | Fuel Tank(s),Home Theater,Intercom,Satellite Dish,Smoke Alarm,TV Antenna |
| 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 46151
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Martinsville
$ 1,250,000
- Type
- Single Family
Listed by Michele Killinger of Carpenter, REALTORS®
Reduced
Martinsville
$ 269,000
- Type
- Single Family
Listed by Brandon Warfield of Carpenter, REALTORS®
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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
