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2940 Lake Shore Dr, Long Beach, IN, 46360

5beds
4baths
4,527sqft
$3,750,000
$828price/sqft
$24,373/moest. monthly cost
$974,920/yrincome needed

About This Home

Rare opportunity to own 120 feet of prime Lake Michigan frontage. This beautifully updated luxury home offers expansive lake views, exceptional outdoor space, and the unique advantage of an additional 60-ft parcel--providing flexibility for future expansion, new construction, or preserving added privacy. Opportunities like this are increasingly rare along the shoreline.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

7/10
5/10
3/10
Michigan City High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 1972

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Range Hood,Refrigerator,Microwave,Gas Water Heater,Gas Cooktop,Dishwasher
  • Laundry features: Gas Dryer Hookup,Washer Hookup,Laundry Room,Lower Level

Bedroom2

  • Area: 240
  • Dimensions: 16.0 x 15.0

Bedroom3

  • Area: 252
  • Dimensions: 14.0 x 18.0

Bedroom4

  • Area: 220
  • Dimensions: 22.0 x 10.0

Bedroom5

  • Area: 360
  • Dimensions: 20.0 x 18.0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Area: 150
  • Dimensions: 10.0 x 15.0

Family Room

  • Area: 576
  • Dimensions: 24.0 x 24.0

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Vaulted Ceiling(s),Tray Ceiling(s),Stone Counters,Recessed Lighting,Open Floorplan,Kitchen Island,High Ceilings,Granite Counters,Crown Molding,Ceiling Fan(s)
  • Window features: Blinds,Insulated Windows
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Other,Gas Log,Gas
  • Fireplace: Yes
  • Finished area above ground: 3,117

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 4,527
  • Total interior livable area: 4,527 sqft

Kitchen

  • Area: 222.75
  • Dimensions: 13.5 x 16.5

Laundry

  • Area: 140
  • Dimensions: 7.0 x 20.0

Library

  • Area: 450
  • Dimensions: 30.0 x 15.0

Living Room

  • Area: 393.96
  • Dimensions: 26.8 x 14.7

Other

  • Area: 120
  • Dimensions: 10.0 x 12.0

Primary Bedroom

  • Area: 288.8
  • Dimensions: 19.0 x 15.2

Utility Room

  • Area: 180
  • Dimensions: 15.0 x 12.0

Property

Details

  • Parcel number: 460114202048000023
  • Special condition: None

Features

  • Levels: Three Or More
  • Patio & porch: Covered,Rear Porch,Porch,Patio,Front Porch,Deck
  • Exterior features: Storage,Rain Gutters,Private Yard,Lighting
  • Fencing: Partial
  • Has view: Yes
  • View description: Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Beach Access,Lake Front

Lot

  • Lot size: 0.41 Acres
  • Features: Back Yard,Sprinklers In Rear,Sprinklers In Front,Paved,Landscaped,Front Yard,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Attached,Kitchen Level,Garage Faces Front,Driveway,Concrete,Additional Parking,Off Street,Garage Door Opener
  • 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
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
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 $18,962$227,544
Home Insurance *$2,529$30,348
Property Taxes $2,468$29,616
Electricity $414$4,979
Total$24,373$292,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$835,645/yr
40% on housing$731,190/yr
45% on housing$649,946/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$828This listing

vs Other Active Listings

Avg $/sqft

ZIP 46360$167
LaPorte County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 46360$151
LaPorte County$138

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
2026-03-31Listed for sale$4,199,000
2015-07-30Sold$1,712,500
2014-08-31Listing removed$1,900,000
2014-08-29Price change$1,900,000
2014-06-10Price change$1,599,000
2014-01-16Price change$1,700,000
2013-11-08Listed for sale$2,300,000
2013-05-28Listing removed$2,300,000
2013-02-27Listed for sale$2,300,000

For Sale by Agent

AgentTimothy Perry
BrokerageColdwell Banker Realty

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