208 Lake Shore Dr, Michigan City, IN, 46360
About This Home
Welcome to Anchor Beach House & Guest House, a rare turnkey lakeside retreat on Lake Shore Drive in the heart of Sheridan Beach. Just steps from Lake Michigan, this fully updated property is offered completely furnished and features a large lot with ample parking. The 4-bedroom, 2.5-bath main house blends modern updates with beachside charm and offers a brand-new kitchen, dining room with deck access, living room, den and half bath on the main level. Upstairs you'll find three bedrooms and a full bath. The finished lower level provides a fourth bedroom, full bath, additional living space and a game area. Connected by a foyer, the guest house is ideal for visitors or rental income and includes a studio-style sleeping area with TV and full bath upstairs, plus a new kitchen, dining area and laundry on the main level. Both homes feature luxury plank flooring, stylish lighting, modern furnishings and plush bedding. This rare oversized lot offers extensive outdoor space and parking--an uncommon find near the beach--and a brand-new roof provides added peace of mind. Whether you're seeking a private escape, high-performing vacation rental or multi-generational retreat, Anchor Beach House is truly a turnkey opportunity. Schedule your private showing today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1919
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Built-In Gas Range,Washer,Stainless Steel Appliance(s),Range Hood,Refrigerator,Microwave,Gas Water Heater,ENERGY STAR Qualified Appliances,Dishwasher,Disposal,Dryer
- Laundry features: Lower Level,Upper Level
Basement
- Has basement: Yes
- Basement: Partially Finished,Storage Space,Sump Pump
Bedroom2
- Area: 129.36
- Dimensions: 9.8 x 13.2
Bedroom3
- Area: 109.76
- Dimensions: 9.8 x 11.2
Bedroom4
- Area: 259.35
- Dimensions: 19.5 x 13.3
Bedroom5
- Area: 120
- Dimensions: 12.0 x 10.0
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Area: 71.4
- Dimensions: 10.2 x 7.0
Family Room
- Area: 248.04
- Dimensions: 21.2 x 11.7
Features
- Ceiling Fan(s),In-Law Floorplan,Eat-in Kitchen,Entrance Foyer
- Number of fireplaces: 1
- Fireplace features: Great Room
- Fireplace: Yes
- Finished area above ground: 2,668
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 4,696
- Total interior livable area: 4,696 sqft
Kitchen
- Area: 111.91
- Dimensions: 8.11 x 13.8
Kitchen
- Area: 112
- Dimensions: 14.0 x 8.0
Living Room
- Area: 325
- Dimensions: 13.0 x 25.0
Other
- Area: 146.88
- Dimensions: 14.4 x 10.2
Primary Bedroom
- Area: 149.85
- Dimensions: 11.1 x 13.5
Sunroom
- Area: 102.9
- Dimensions: 14.7 x 7.0
Property
Details
- Parcel number: 460121308020000022
- Special condition: None
Features
- Levels: Two
- Pool features: None
- Patio & porch: Covered,Patio,Deck
- Exterior features: Private Yard,Fire Pit
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 5,501 sqft
- Features: Corner Lot,Paved
Parking
- Parking features: Additional Parking,Oversized,Driveway
- 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
- Tornado
- Hail
- 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 | $4,298 | $51,576 |
| Home Insurance * | $573 | $6,876 |
| Property Taxes | $1,373 | $16,476 |
| Electricity | $430 | $5,165 |
| Total | $6,674 | $80,088 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2025-10-30 | Price change | $825,000 |
| 2025-10-01 | Listed for sale | $850,000 |
| 2025-07-29 | Listing removed | $850,000 |
| 2025-02-13 | Listed for sale | $850,000 |
| 2024-02-15 | Sold | $685,000 |
| 2023-12-21 | Contingent | $695,000 |
| 2023-12-20 | Listed for sale | $695,000 |
| 2021-05-24 | Sold | $250,000 |
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