Open House Sun, Aug 23rd 02:00 PM - 04:00 PM - Waterfront
Address
8811 Spinnaker Court, Indianapolis, IN
Price
$ 2,495,000
Property Attributes
  • MLS#22117652
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaLawrence
  • NeighborhoodMasthead
  • Zip46256
  • StyleRanch,Traditional
  • Year Built2004
  • Taxes$ 43666
  • Price$ 2,495,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms5
  • Sqr Footage7634
  • Lot Size0.7 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Perfectly positioned on the coveted main body of Geist Reservoir, this extraordinary custom waterfront ranch offers over 7,600 square feet of impeccably designed living space with panoramic water views and an unmatched resort-inspired lifestyle. Privately situated on a quiet cul-de-sac, this exceptional residence showcases timeless architecture, outstanding craftsmanship, and luxurious amenities across three finished levels, including two walkout lower levels. Walls of windows capture breathtaking waterfront views throughout the home, while the grand great room, elegant dining room, private executive office, gourmet chef's kitchen with adjoining hearth room, and luxurious main-level primary suite with sitting area, private balcony, spa-inspired bath, and expansive California Closet create the perfect balance of everyday comfort and sophisticated entertaining. The first walkout lower level features a full-service bar, spacious recreation area, and four generously sized bedrooms, including a private suite with its own sauna and steam shower. The second walkout lower level offers a theater room, additional bar area, and half bath, creating the ultimate entertainment space. Outdoor living is equally spectacular with multiple covered patios and expansive decks, a custom outdoor bar, gas fire pit, retractable awning, dedicated outdoor TV entertainment area, sparkling pool with an oversized pool deck, hot tub, private boat dock, and boat garage, all overlooking breathtaking main-body water views. Additional highlights include five fireplaces, nine bathrooms, three laundry areas, an oversized four-car garage with half bath, and a large walk-up attic for exceptional storage. A rare opportunity to own one of Geist Reservoir's premier waterfront estates, offering luxury, privacy, and exceptional indoor and outdoor living.

Elementary School Middle School High School
Amy Beverland Elementary Fall Creek Valley Middle School Lawrence North High School
Price History
8/7/2026 Listed $2,495,000

General Features

Heating Zoned,Forced Air,High Efficiency (90%+ AFUE ),Natural Gas
Cooling Central Air
Utilities Cable Connected,Natural Gas Connected,Water Connected
Possession Closing
Appliances Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Exhaust Fan,Microwave,Oven,Double Oven,Convection Oven,Refrigerator,Bar Fridge,Free-Standing Freezer,Ice Maker,Tankless Water Heater,Washer,Wate
HOA Fee 475
Garage Spaces 4
Association Fee Includes Association Home Owners,Entrance Common,Insurance,Maintenance,Management,Security,Snow Removal,Trash
Patio/Porch Features Covered,Deck,Patio
Architectural Style Ranch,Traditional
Pool Features In Ground,Liner,Pool Cover
Security Features Closed Circuit Camera(s),Security System,Security System Owned,Smoke Detector(s)
Construction Materials Brick,Dryvit
Year Built 2004
View Lake,Water
Township Lawrence
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dock,Lake Privileges,Lake Front,On Reservoir,Seawall,Water Access,Water View,Waterfront
Assoc Fee Paid Per Annually
County Marion
New Construction No
Property Type Residential
Association Amenities Insurance,Maintenance,Management,Security,Snow Removal,Trash
HOA Yes
Subdivision Name Masthead
Garage Y/N Yes
Total Rooms 16
Full Baths 5
Status Active
Directions GPS Friendly
High School Lawrence North High School
City Indianapolis
High School District MSD Lawrence Township
MLS Area 4904 - Marion - Lawrence
Lot Size Square Feet 30405
Spa Features Above Ground,Fiberglass,Heated
Elementary School Amy Beverland Elementary
Property Attached Y/N No
Current Financing Conventional
Middle/Junior High School Fall Creek Valley Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot 92
Virtual Tour https://youtu.be/Fqy_8zXKmck?si=GHKQ59p8ZC0UONNS
Legal Description Masthead Sec 3 Lot 92

Interior Features

Interior Amenities Attic Access,Attic Stairway,Breakfast Bar,Built-in Features,High Ceilings,Tray Ceiling(s),Kitchen Island,Entrance Foyer,Hardwood Floors,Hi-Speed Internet Availbl,Pantry,Sauna,Walk-In Closet(s),Wet Ba
Basement Ceiling - 9+ feet,Daylight,Egress Window(s),Exterior Entry,Finished,Full,Storage Space,Walk-Out Access
Total Fireplaces 5
Fireplace Features Basement,Library,Family Room,Great Room,Hearth Room
Basement (Y/N) Yes
Half Baths 5
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 4474
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 10

Exterior Features

Exterior Amenities Fire Pit,Outdoor Shower,Smart Lock(s),Sprinkler System,Water Feature Fountain
Parking Features Attached
Water Source Public
Foundation Details Concrete Perimeter
Spa Yes
Building Area Total 7634
Lot Size Acres 0.7
Waterfront Y/N Yes
Other Equipment Generator,Home Theater,Irrigation Equipment,Security System,Smoke Alarm,Sump Pump
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 46256

Price
AVG $580K
$2.5M
Taxes
AVG $5,885
$43,666
Year Built
AVG 1982
2004
Visits
AVG 74
23
Data Provided by Inside Real Estate®

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