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Active
    • Price cut: $25K (6/16)
    $1,275,000

    3215 Kestrel Ct, Martinsville, IN 46151

    4beds
    7,818sqft
    : 
    $7,546/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 2007
    3.28 Acres Lot
    $-- Zestimate®
    $163/sqft
    $83/mo HOA

    What's special

    Discover luxury & privacy in this exquisite executive home. This property offers a refined lifestyle in a breathtaking natural lakefront setting. Beautifully surrounded by 3.25 wooded acres with 4 bedrooms, 4.5 baths, and over-the-top amenities. The fully finished walkout basement is an entertainer's dream-featuring a full bath, home theatre, exercise room, office/music room, bonus room, and plumbing ready for a wet bar. Three fireplaces add warmth and elegance throughout the home, including one in the private sitting area off the luxurious primary suite. The suite also boasts his-and-her walk-in closets and a spa-like layout with jetted garden tub and an elegant walk-in shower designed for true relaxation. An oversized 3-car-attached garage is complemented by a 4-car detached garage ideal for car collectors, hobbyists, or added storage, while the whole home backup generator provides added peace of mind. Multiple updates in 2025 include new Roof and Gutters, Geothermal HVAC & Water Softener. (See supplements for additional recent items.) Whether you're hosting guests or enjoying peaceful lakefront views, this one-of-a-kind estate combines privacy, sophistication, space, and serenity in a truly exceptional way.
    141 days
    |
    356
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby LeMay 317-205-1915,

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22089428MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 285 Square Feet
      • Dimensions: 19x15
      Bedroom 2
      • Level: Upper
      • Area: 242 Square Feet
      • Dimensions: 11x22
      Bedroom 3
      • Level: Upper
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Bedroom 4
      • Level: Upper
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Bonus room
      • Level: Basement
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Breakfast room
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 9x10
      Dining room
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Exercise room
      • Features: Other
      • Level: Basement
      • Area: 300 Square Feet
      • Dimensions: 15x20
      Great room
      • Level: Main
      • Area: 340 Square Feet
      • Dimensions: 17x20
      Other
      • Level: Basement
      • Area: 600 Square Feet
      • Dimensions: 30x20
      Kitchen
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 252 Square Feet
      • Dimensions: 18x14
      Laundry
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 10x9
      Living room
      • Level: Main
      • Area: 256 Square Feet
      • Dimensions: 16x16
      Office
      • Level: Basement
      • Area: 360 Square Feet
      • Dimensions: 24x15
      Play room
      • Level: Basement
      • Area: 840 Square Feet
      • Dimensions: 42x20
      Sitting room
      • Level: Main
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Heating
      • Forced Air, Geothermal, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Dishwasher, Electric Water Heater, MicroHood, Refrigerator, Water Softener Owned
      • Laundry: Connections All, Main Level, Sink
      Features
      • High Ceilings, Hardwood Floors, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Pantry
      • Flooring: Hardwood
      • Windows: WoodWorkStain/Painted
      • Basement: Ceiling - 9+ feet,Full,Roughed In,Walk-Out Access
      • Number of fireplaces: 3
      • Fireplace features: Double Sided, Family Room, Living Room, Primary Bedroom
      Interior area
      • Total structure area: 7,818
      • Total interior livable area: 7,818 sqft
      • Finished area below ground: 2,512

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Detached, Asphalt, Garage Door Opener, Garage Faces Side
      • Attached garage spaces: 4
      • Details: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door)
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck
      • Exterior features: Balcony, Gutter Guards
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 3.28 Acres
      • Features: Cul-De-Sac, Mature Trees, Wooded
      Details
      • Parcel number: 550814200007010014
      • Other equipment: Generator
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Falcon Crest
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Pond Year Round, Snow Removal, Maintenance
      • Services included: Maintenance
      • HOA fee: $1,000 annually
      • HOA phone: 317-501-9652
      Location
      • Region: Martinsville

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $606,800
      • Annual tax amount: $4,770
      • Date on market: 3/16/2026
      • Cumulative days on market: 233 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Price change$1,275,000-1.9%$163/sqft
        Source: MIBOR as distributed by MLS GRID #22089428 Report a problem
        3/16/2026Listed for sale$1,300,000$166/sqft
        Source: MIBOR as distributed by MLS GRID #22089428 Report a problem
        3/16/2026Listing removed$1,300,000$166/sqft
        Source: MIBOR as distributed by MLS GRID #22054685 Report a problem
        3/12/2026Listed for sale$1,300,000$166/sqft
        Source: MIBOR as distributed by MLS GRID #22054685 Report a problem
        11/4/2025Listing removed$1,300,000$166/sqft
        Source: MIBOR as distributed by MLS GRID #22054685 Report a problem
        8/15/2025Listed for sale$1,300,000+113.1%$166/sqft
        Source: MIBOR as distributed by MLS GRID #22054685 Report a problem
        10/21/2020Sold$610,000-1.5%$78/sqft
        Source: MIBOR as distributed by MLS GRID #21728119 Report a problem
        9/10/2020Pending sale$619,000$79/sqft
        Source: MIBOR REALTOR Association #21728119 Report a problem
        8/14/2020Listed for sale$619,000$79/sqft
        Source: MIBOR REALTOR Association #21728119 Report a problem
        8/1/2020Pending sale$619,000$79/sqft
        Source: MIBOR REALTOR Association #21728119 Report a problem
        7/27/2020Listed for sale$619,000-1%$79/sqft
        Source: MIBOR REALTOR Association #21728119 Report a problem
        1/6/2020Listing removed$625,000$80/sqft
        Source: MIBOR REALTOR Association #21651548 Report a problem
        7/7/2019Listed for sale$625,000-3.8%$80/sqft
        Source: MIBOR REALTOR Association #21651548 Report a problem
        10/22/2018Listing removed$650,000$83/sqft
        Source: MIBOR REALTOR Association #21549880 Report a problem
        8/11/2018Listed for sale$650,000$83/sqft
        Source: MIBOR REALTOR Association #21549880 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2021$2,048 -9.1%$606,800 +15.6%
        2020$2,252 +2.4%$524,900 -1%
        2019$2,199 +1.4%$530,100 -1%
        2018$2,169 -31.6%$535,300 +0.6%
        2017$3,172 +72.6%$532,200 +1.9%
        2016$1,838 -5.1%$522,400 -1.2%
        2014$1,936 +0.2%$529,000 -4.9%
        2013$1,932 +4.8%$556,300 +1.7%
        2012$1,843 -20%$547,000 -14.1%
        2011$2,305 -6.8%$636,900
        2010$2,473 +10.9%$636,900
        2009$2,231 +351.1%$636,900 +1156.2%
        2006$494 $50,700 +2568.4%
        2005-- $1,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 46151

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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