Affordable Lake Wawasee Living: Large Building Lot + Deeded Waterfront Boat Lot! Have it all without the lakefront price tag! This rare real estate offering delivers the ultimate opportunity to build your dream home on a generous, reasonably priced building lot, while securing your own private gateway to Indiana’s premier luxury lake lifestyle. Included in this incredible package is a separate, dedicated waterfront boat lot directly on Lake Wawasee Channel. Skip the steep lakefront taxes and association waitlists—this unique setup grants you immediate, deeded water access to park your boat, set up your private pier, and plunge straight into summer fun. The main building site offers an expansive, highly versatile footprint canvas, perfect for a custom multi-story floor plan, a wrap-around porch, or an oversized garage to house all your watercraft and lake toys. Whether you are looking to build a full-time residence or a high-value summer retreat, this unique combination delivers maximum lake enjoyment at an absolute fraction of traditional waterfront costs. Opportunities like this on Lake Wawasee are incredibly rare and highly sought after. Secure your slice of lake paradise today!
Active
$25,000
0 E Hiawatha Rd #500/500B, Cromwell, IN 46732
--beds
--baths
0.25Acres
Residential Land
Built in ----
0.25 Acres Lot
$-- Zestimate®
$--/sqft
$21/mo HOA
What's special
Large building lotDeeded waterfront boat lotImmediate deeded water access
- 1 day
- 72
- 10
Zillow last checked:
Listing updated:
Listed by:
Bev Ganshorn 574-453-6957,
Brian Peterson Real Estate,
Angie Hartley,
Brian Peterson Real Estate
Source: IRMLS,MLS#: 202642446
Facts & features
Interior
Video & virtual tour
Property
Features
- On waterfront: Yes
- Waterfront features: Canal Front, Access to Ski Lake, Lake
- Body of water: Lake Wawasee
- Frontage length: Channel/Canal Frontage(15),Water Frontage(15)
Lot
- Size: 0.25 Acres
- Dimensions: 85x125/15x39
- Features: Level
Details
- Additional parcels included: 430413404562.000025
- Parcel number: 430413401627.000025
Utilities & green energy
- Sewer: None
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Enchanted Hills
HOA
- Has HOA: Yes
- HOA fee: $250 annually
Location
- Region: Cromwell
Financial & listing details
- Annual tax amount: $184
- Date on market: 10/13/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $25,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 46732
Nearby schools
Schools provided by the listing agent
- Elementary: Syracuse
- Middle: Wawasee
- High: Wawasee
- District: Wawasee
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






