8331 Lake Shore Dr, Cedar Lake, IN, 46303
About This Home
LAKEFRONT LIVING! This stunning 2,400 sq. ft. 3 bedroom, 3 bath home is 40 minutes from Chicago on Cedar Lake, an 800-acre all sports lake. COMPLETELY REBUILT prior to the current owners purchase in 2020, this TURN-KEY HOME offers spectacular panoramic views looking the entire length of the lake through expansive windows across the main level. FULLY FURNISHED-INCLUDING ALL FURNITURE, APPLIANCES, TELEVISIONS, INTERNET HOOKUPS. This home is ready to enjoy from day one, close in the morning and stay there that night. NO RENTAL RESTRICTIONS make this an outstanding opportunity for Airbnb, VRBO, or your own private lake retreat. The open-concept MAIN LEVEL features vaulted ceilings, vinyl plank flooring throughout, and a designer kitchen with QUARTZ countertops, 5 burner range, and a great view of the lake through the wall of windows in the living area. The abundance of windows fills the home with natural light. 36' x 10' deck showcasing the best views of the lake. The PRIMARY SUITE is located on the second level and offers a private balcony, and a walk-in closet with custom shelving & lighting. The THIRD LEVEL features a private bedroom with a skylight & small office space providing excellent separation for family or guests. The finished WALKOUT LOWER LEVEL includes a spacious family/rec room with big-screen TV, air hockey table, mini refrigerator, separate laundry room with double utility sink, a 24' x 7' storage room, and ample space for additional sleeping space. Improvements installed new in 2019 include a designer kitchen with quartz countertops, 3 beautiful bathrooms with custom showers, vinyl flooring throughout, siding, windows, lighting, electrical panel, plumbing fixtures, high-efficiency furnace, central air, high-efficiency water heater, water softener, and roof. Outside you'll find your own PRIVATE BEACH, 120 feet of LIFETIME ALUMINUM DOCK with a swim ladder, new fire pit, outdoor shower & an 8x10 storage shed. 2 Jet Skis, trailer and lifts are negotiable.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Finished,Partial
Bedroom2
- Level: Second
- Area: 99
- Dimensions: 11X9
Bedroom3
- Level: Second
- Area: 220
- Dimensions: 20X11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Breakfast Room
- Level: Main
- Area: 110
- Dimensions: 10X11
Family Room
- Level: Basement
- Area: 378
- Dimensions: 21X18
Features
- Finished area below ground: 724
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12X11
Laundry
- Level: Basement
- Area: 110
- Dimensions: 11X10
Living Room
- Level: Main
- Area: 357
- Dimensions: 21X17
Master Bedroom
- Level: Second
- Area: 300
- Dimensions: 20X15
Storage
- Level: Basement
- Area: 168
- Dimensions: 24X7
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 451522427014000014
- Special condition: None
Features
- Stories: 3
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
- On waterfront: Yes
Lot
- Lot size: 6,969 sqft
Parking
- Total spaces: 1
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
- Tornado
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,336 | $40,032 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $1,057 | $12,684 |
| Electricity | $225 | $2,703 |
| Total | $4,901 | $58,812 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $659,900 |
| 2020-05-05 | Sold | $380,000 |
| 2020-03-28 | Price change | $474,900 |
| 2020-02-21 | Price change | $484,900 |
| 2020-02-07 | Price change | $487,900 |
| 2020-01-28 | Price change | $489,900 |
| 2020-01-14 | Price change | $494,900 |
| 2019-12-29 | Listed for sale | $499,900 |
| 2019-09-03 | Listing removed | $399,900 |
| 2019-06-29 | Price change | $399,900 |
| 2019-06-11 | Price change | $418,900 |
| 2019-06-07 | Price change | $438,900 |
| 2019-06-02 | Price change | $439,900 |
| 2019-05-17 | Price change | $449,900 |
| 2019-04-25 | Price change | $459,900 |
| 2019-04-07 | Price change | $464,900 |
| 2019-03-26 | Price change | $469,900 |
| 2019-03-01 | Price change | $479,900 |
| 2019-02-22 | Price change | $484,900 |
| 2019-01-15 | Price change | $489,900 |
| 2018-12-28 | Listed for sale | $499,900 |
| 2018-07-24 | Sold | $181,000 |
| 2018-06-07 | Listed for sale | -- |
For Sale by Agent
View on Zillow