Discover a rare and exceptional real estate opportunity in the heart of Carmel with this sprawling 7.5-acre parcel. Offering the perfect canvas for your architectural visions, this expansive property provides the ultimate blend of privacy and potential. While a small, existing home currently sits on the acreage, the property is being sold as a tear-down, clearing the path for a complete luxury transformation. The true value of this prime land lies in its remarkable versatility, presenting multiple paths forward for a visionary buyer. It serves as the ideal setting to design and build a singular, massive private luxury estate with ample room for custom amenities. Alternatively, a savvy investor or buyer could split the parcel into two magnificent custom lots for a multi-generational compound, or subdivide the acreage even further into multiple premium parcels to create an exclusive, upscale residential enclave. Perfectly situated, this property allows you to enjoy the peace and tranquility of a massive country acreage while staying just minutes away from Carmel's award-winning schools, world-class dining, upscale shopping, and top-tier golf courses. Opportunities of this scale and caliber in such a highly desirable location are town rarities. Bring your builder, your architect and create the home you have been dreaming about today.
13 days
|
1,246
|
52
|
Zillow last checked:
Listing updated:
Listed by:
Kyle Gatesy812-344-4697,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22111776
Loading...
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3
Primary bedroom
Level: Main
Area: 195 Square Feet
Dimensions: 15x13
Bedroom 2
Level: Main
Area: 143 Square Feet
Dimensions: 13x11
Bedroom 3
Level: Main
Area: 132 Square Feet
Dimensions: 12x11
Breakfast room
Level: Main
Area: 135 Square Feet
Dimensions: 15x9
Family room
Level: Main
Area: 264 Square Feet
Dimensions: 22x12
Great room
Level: Main
Area: 300 Square Feet
Dimensions: 20x15
Kitchen
Level: Main
Area: 195 Square Feet
Dimensions: 15x13
Laundry
Level: Main
Area: 54 Square Feet
Dimensions: 9x6
Heating
Forced Air, Heat Pump, Electric
Cooling
Central Air, Heat Pump
Appliances
Included: None, Electric Water Heater
Laundry: Main Level
Features
Cathedral Ceiling(s), Ceiling Fan(s)
Windows: Wood Work Stained
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning
Interior area
Total structure area: 1,908
Total interior livable area: 1,908 sqft
Property
Parking
Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Features
Levels: One
Stories: 1
Patio & porch: Deck, Covered
Exterior features: Storage
On waterfront: Yes
Waterfront features: Water View
Lot
Size: 7.46 Acres
Features: Rural - Not Subdivision, Mature Trees
Details
Parcel number: 290920000005001018
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence
Materials
Stone, Brick
Foundation: Crawl Space
Condition
New construction: No
Year built: 1985
Utilities & green energy
Water: Private
Community & HOA
Community
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Carmel
Financial & listing details
Price per square foot: $734/sqft
Tax assessed value: $505,700
Annual tax amount: $10,800
Date on market: 7/2/2026
Cumulative days on market: 15 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/2/2026
Listed for sale
$1,399,900+107.4%$734/sqft
Source: MIBOR as distributed by MLS GRID #22111776Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.