2127 Bluewater Dr, Warsaw, IN, 46580
About This Home
Discover the perfect blend of spacious living and peaceful lakefront charm with this exceptional waterfront property featuring 105 feet of pristine shoreline on beautiful Pike Lake. Surrounded by nature and offering stunning water views throughout, this home provides the ideal setting for year-round living, entertaining, and enjoying the best of Indiana lake life. This could also be a great vacation destination if that is what you are looking for! With 5 bedrooms and 3.5 bathrooms, there is plenty of room for family and guests. The impressive great room showcases vaulted ceilings and expansive lake views, creating a bright, open gathering space that serves as the heart of the home. The sunroom/screened porch is a favorite place to relax, offering the perfect spot to enjoy morning coffee, evening sunsets, and the sights and sounds of the lake. Outdoor living is equally impressive. Enjoy 105 feet of shoreline, multiple lakeside gathering spaces, a patio with fire pit, and an additional seating area closer to the water featuring a second fire pit—ideal for entertaining or unwinding after a day on the lake. Storage is abundant with a lakeside garage for water toys and equipment, plus a separate garage for everyday vehicles. Every detail has been thoughtfully designed to maximize both functionality and enjoyment of this remarkable setting. Pike Lake is a 228-acre natural lake located within the city limits of Warsaw and is known for its excellent fishing, kayaking, canoeing, pontoon cruising, floating, and abundant wildlife. With a 10 MPH speed limit, the lake maintains a peaceful atmosphere that residents appreciate. Anglers enjoy a variety of species including largemouth bass, bluegill, crappie, perch, and walleye. The convenient location offers easy access to shopping, dining, schools, and healthcare while still providing the tranquility of a private lake retreat. A truly special waterfront property offering space, views, nature, and an exceptional lake lifestyle and close to everything.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1976
Materials
- Roof: Asphalt,Shingle,Dimensional Shingles
- Construction materials: Metal Siding,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven Hook Up Elec,Dishwasher,Microwave,Refrigerator,Washer,Electric Cooktop,Dryer-Electric,Dryer-Gas,Double Oven,Electric Oven,Water Filtration System,Gas Water Heater,Water Softener Owned
- Laundry features: Dryer Hook Up Gas/Elec,Main Level,Washer Hookup
Basement
- Basement: None
Bedroom1
- Level: Main
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 169
Family Room
- Level: Main
- Area: 240
Features
- 1st Bdrm En Suite,Ceiling Fan(s),Walk-In Closet(s),Laminate Counters,Entrance Foyer,Natural Woodwork,Kitchenette,Stand Up Shower,Tub/Shower Combination,Main Level Bedroom Suite,Formal Dining Room,Great Room,Custom Cabinetry
- Window features: Insulated Windows,Blinds
- Flooring: Carpet,Laminate,Tile,Vinyl,Ceramic Tile
- Number of fireplaces: 1
- Fireplace features: Living Room,Gas Log,One,Gas Starter,Insert,Vented
- Fireplace: Yes
- Attic: Pull Down Stairs
- Finished area below ground: 0
- Finished area above ground: 3,134
Heating & Cooling
- Heating features: Electric,Natural Gas,Forced Air,Other,Multiple Heating Systems
- Cooling features: Central Air,Multi Units
Interior Area
- Total structure area: 3,134
- Total interior livable area: 3,134 sqft
Kitchen
- Level: Main
- Area: 130
Living Room
- Level: Main
- Area: 525
Office
- Level: Main
- Area: 192
Property
Details
- Parcel number: 431105100067.000032
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck,Patio,Porch Covered,Enclosed,Porch Florida,Screened
- Exterior features: Fire Pit,Workshop
- Fencing: Partial,Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Level Bank,Deck on Waterfront,Lake Front,Non Ski Lake
- Waterbody name: Little Pike Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(105)
Lot
- Lot size: 0.40 Acres
- Features: Level,0-2.9999,City/Town/Suburb,Lake,Near Walking Trail,Landscaped
- Lot size dimensions: 105 X 156
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Lightning
- Strong Wind
- Tornado
- Winter Weather
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 | $2,568 | $30,816 |
| Home Insurance * | $288 | $3,456 |
| Property Taxes | $392 | $4,704 |
| Electricity | $287 | $3,447 |
| Total | $3,535 | $42,420 |
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 |
|---|---|---|
| 2026-08-10 | Price change | $499,900 |
| 2026-07-15 | Price change | $507,900 |
| 2026-06-19 | Listed for sale | $529,900 |
| 2003-06-25 | Sold | $0 |
| 2001-08-01 | Sold | $170,000 |
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