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250 W Lake Front Dr, Beverly Shores, IN, 46301

4beds
4baths
3,485sqft
$2,395,000
$687price/sqft
$15,895/moest. monthly cost
$635,800/yrincome needed

About This Home

Pretty in Pink. This nearly 200 feet of frontage feels more like 1000 feet, given the separation from other homes and vacant land. If you wanted to be the Great Gatsby, this is the home to make it happen. No property taxes for the next 50 years for the person or company that takes over this lease. An art deco vibe of the glory days of Hollywood in this fully restored home from the Century of Progress World's Fair in 1933. All the work has been done for the next generation of stewards of this once-in-a-lifetime opportunity. Share this opportunity with three friends and be in this beach home 50 miles from downtown Chicago for 600K each. Maybe create a corporate retreat for your company to help retain those valuable employees or clients. The home awaits lavish parties where champagne is flowing, and the skyline of Chicago stands tall at sunset as a reminder of why we plant our flag on this part of the globe. Let's explore all the options for this estate on the big lake.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

3/10
Pine Elementary SchoolGrades PK-63.3 mi
2/10
Barker Middle SchoolGrades 7-85.8 mi
3/10
Michigan City High SchoolGrades 9-127.1 mi

Construction

Condition

  • Year built: 1933

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave,Dishwasher
  • Laundry features: Lower Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom2

  • Area: 170
  • Dimensions: 17.0 x 10.0

Bedroom3

  • Area: 160
  • Dimensions: 16.0 x 10.0

Bedroom4

  • Area: 240
  • Dimensions: 20.0 x 12.0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Bonus Room

  • Area: 527
  • Dimensions: 31.0 x 17.0

Bonus Room

  • Area: 372
  • Dimensions: 31.0 x 12.0

Dining Room

  • Area: 252
  • Dimensions: 21.0 x 12.0

Features

  • Ceiling Fan(s),Walk-In Closet(s),Vaulted Ceiling(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes
  • Finished area above ground: 2,085

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 3,485
  • Total interior livable area: 3,485 sqft

Kitchen

  • Area: 200
  • Dimensions: 20.0 x 10.0

Laundry

  • Area: 210
  • Dimensions: 21.0 x 10.0

Living Room

  • Area: 527
  • Dimensions: 31.0 x 17.0

Other

  • Area: 255
  • Dimensions: 17.0 x 15.0

Primary Bedroom

  • Area: 221
  • Dimensions: 17.0 x 13.0

Property

Details

  • Parcel number: 640404326001000011
  • Special condition: None

Features

  • Levels: Two
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 4.70 Acres
  • Features: Other

Parking

  • Total spaces: 1
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,110$145,320
Home Insurance *$1,850$22,200
Property Taxes $1,616$19,392
Electricity $319$3,833
Total$15,895$190,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$544,971/yr
40% on housing$476,850/yr
45% on housing$423,866/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$687This listing

vs Other Active Listings

Avg $/sqft

ZIP 46301$409
Porter County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 46301$111
Porter County$169

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-05Listed for sale$2,395,000
2026-03-26Listing removed$2,395,000
2025-12-22Pending sale$2,395,000
2025-09-27Listed for sale$2,395,000
2024-12-12Listing removed$2,500,000
2024-01-06Listed for sale$2,500,000

For Sale by Agent

AgentMichael Conner
Brokerage@properties/Christie's Intl RE

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