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11199 NE Wawasee Dr, Syracuse, IN, 46567

4beds
5baths
6,038sqft
$4,500,000
$745price/sqft
$28,730/moest. monthly cost
$1,149,200/yrincome needed

About This Home

Modern. Architectural. Lakefront. Set along the shores of Lake Wawasee, this architecturally striking estate delivers a compelling combination of design, scale, and presence—paired w/ 75’ of frontage & 5.01 acres across four parcels. Built in 2015 & offered fully furnished, this is a turnkey lakefront retreat where clean lines, expansive glass, & refined finishes come together in a way that feels both elevated & comfortable. This home stands out with stamped concrete drive w/ bold exterior framed by landscaping. Inside, soaring ceilings & floor-to-ceiling windows draw your attention to the lake, filling the main living space w/ natural light. The layout connects living, dining, & kitchen areas for everyday living & entertaining. Kitchen features quartz island, SS appliances, ice maker, wet bar, & pantry/mudroom off the 3-car garage. The living room is centered around a fireplace & sliding glass doors that open to lakeside patio—extending main living space. Outside, heated infinity pool, fire feature, waterfall & outdoor kitchen capture sunset views. The pier system & sandy lake bottom are perfect for swimming & boating. The main level includes primary suite w/floor-to-ceiling windows, lake views, & a deck overlooking the pool & shoreline. The ensuite bath features walk-in closet w/laundry. A dedicated office/study/add’l bedroom & 1/2 bath complete the main level. The walkout lower level offers 3 add’l bedrooms, updated ensuite baths, & 2nd living space. A standout feature is the indoor/outdoor lounge w/2nd fireplace & 2 glass overhead doors—can be opened up in warmer months. This level includes 2nd laundry area, & private access from garage. Across the street, the property continues w/ 4+ acres of fenced, park-like ground spanning 3 add’l parcels. A detached 3-car heated garage w/ epoxy floors & glass doors, guest house w/~2,169 finished sqft & heated floors & 60x46 pole barn. The guest house inclds kitchenette, bedroom, full bath, laundry, & flexible living space w/ indoor/outdoor capability. The heated pole barn inclds workshop & room for lake toys, space for pickleball court, basketball pad, RV hookup, & fenced dog run w/ indoor kennel access. Add’l home features incld whole-house generator, heated floors thru-out, RO system, motorized shades, smart home, security system, & irrigation. Opportunities like this don’t come up often on Lake Wawasee—offering not just lake frontage, but space, flexibility, & a setting that’s hard to replicate.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
7/10
Wawasee Middle SchoolGrades 6-82.1 mi
4/10
Wawasee High SchoolGrades PK,9-124.8 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Metal
  • Construction materials: Concrete,Stone,Cement Board

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Washer,Built-In Gas Grill,Gas Cooktop,Dryer-Electric,Ice Maker,Exhaust Fan,Washer/Dryer Stacked,Oven-Built-In,Gas Water Heater,Water Softener Owned,Wine Cooler
  • Laundry features: Sink,Main Level

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 266

Family Room

  • Level: Lower
  • Area: 608

Features

  • 1st Bdrm En Suite,Breakfast Bar,Sound System,Ceiling-9+,Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s),Stone Counters,Crown Molding,Guest Quarters,Kitchen Island,Natural Woodwork,Open Floorplan,Double Vanity,Wet Bar,Wiring-Smart Home,Stand Up Shower,Tub and Separate Shower,Main Level Bedroom Suite,Formal Dining Room,Great Room,Custom Cabinetry,Sauna
  • Window features: Blinds
  • Flooring: Carpet,Concrete,Tile,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Gas Log,Basement
  • Fireplace: Yes
  • Finished area below ground: 2,230
  • Finished area above ground: 3,808

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,038
  • Total interior livable area: 6,038 sqft

Kitchen

  • Level: Main
  • Area: 418

Living Room

  • Level: Main
  • Area: 399

Office

  • Level: Main
  • Area: 300

Property

Details

  • Parcel number: 430413300187.000025
  • Other equipment: Generator-Whole House,Pool Equipment

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground
  • Patio & porch: Deck
  • Exterior features: Balcony,Fire Pit,Kennel
  • Has spa: Yes
  • Spa features: Private
  • Fencing: Privacy
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Waterfront-Medium Bank,Deck on Waterfront,Pier/Dock,Lake Front,Ski Lake,Lake
  • Waterbody name: Lake Wawasee
  • Frontage length: Channel/Canal Frontage(0),Water Frontage(75)

Lot

  • Lot size: 0.33 Acres
  • Features: Irregular Lot,Lake,Landscaped
  • Lot size dimensions: 75X194

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Heated Garage,Concrete
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Lightning
Tornado
Winter Weather

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 $22,754$273,048
Home Insurance *$2,501$30,012
Property Taxes $2,922$35,064
Electricity $553$6,641
Total$28,730$344,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$985,028/yr
40% on housing$861,900/yr
45% on housing$766,133/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$745This listing

vs Other Active Listings

Avg $/sqft

ZIP 46567$306
Kosciusko County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 46567$194
Kosciusko County$150

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
2026-04-28Listed for sale$6,500,000
2022-09-07Sold$4,500,000
2022-06-22Price change$4,950,000
2022-03-24Price change$5,499,000
2021-10-08Listed for sale$5,999,000
2018-09-13Sold$4,000,000
2018-05-18Listed for sale$4,200,000
2017-12-21Listing removed$4,200,000
2017-12-16Listed for sale$4,200,000
2009-12-26Listing removed$838,000
2009-12-19Price change$838,000
2009-12-03Price change$900,000
2009-11-04Listed for sale--

For Sale by Agent

AgentAngela Racolta
BrokerageEncore Sotheby's International Realty

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