Nestled on a .47-acre corner lot in Bayhill at Waterstone, 5065 Sugar Cay Court reflects the timeless appeal and enduring quality that define one of Carmel's most established neighborhoods. With 4,075 finished square feet, a screened porch, deck, finished daylight basement, and 3-car side-load garage, this custom home offers the space, warmth, and thoughtful layout that make everyday living feel both comfortable and refined. A two-story entry opens to formal living and dining rooms and a warm family room with a gas fireplace for relaxed evenings at home. The eat-in kitchen is designed for both daily living and entertaining, featuring Merillat cabinetry, a Maytag in-wall convection oven, built-in microwave, pantry, and adjoining sun room filled with natural light. Crown molding, cased openings, and unified oak flooring bring continuity and classic style throughout the main level. Upstairs, the primary suite offers a private retreat with a tray ceiling, sitting area, two walk-in closets, dual sinks, jetted tub, and separate shower. Three additional bedrooms, each with walk-in closets, plus two additional full baths provide comfortable space for family and guests. The finished daylight basement adds flexibility for recreation, a home office, or additional lounge space, while still offering unfinished storage. Recent updates include roof, paint, and carpeting in 2021, A/C in 2024, powder room refresh in 2024, and gas water heater in 2025. Exterior highlights include brick and composite siding, Pella replacement windows in key living areas and throughout the upper level, a replaced front door, exposed aggregate sidewalk and front porch, in-ground irrigation, and landscape lighting. Waterstone amenities include a clubhouse, pool, playground, tennis, pickleball, and walking paths around Lake Waterstone.
Sold
Street View
$855,000
5065 Sugar Cay Ct, Carmel, IN 46033
4beds
4,541sqft
Residential, Single Family Residence
Built in 1995
0.47 Acres Lot
$862,900 Zestimate®
$188/sqft
$3,897 Estimated rent
Home value
$862,900
$820,000 - $906,000
$3,897/mo
Zestimate® history
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$4,561/mo
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$4,561/mo
Est. payment
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List your homeWhat's special
Brick and composite sidingFinished daylight basementCased openingsScreened porchTwo-story entryCrown moldingJetted tub
Zillow last checked:
Listing updated:
Listed by:
Mike Deck 317-339-2830,
Berkshire Hathaway Home,
Joel Rust 317-514-4255,
Berkshire Hathaway Home
Bought with:
Marcy Fox
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22091596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 374 Square Feet
- Dimensions: 22x17
Bedroom 2
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 4
- Level: Upper
- Area: 297 Square Feet
- Dimensions: 11x27
Breakfast room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Family room
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20x15
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Sun room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Convection Oven, Range Hood, Refrigerator
- Laundry: Connections All, Laundry Room, Main Level
Features
- High Ceilings, Hardwood Floors, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Pantry
- Flooring: Hardwood
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Starter
Interior area
- Total structure area: 4,541
- Total interior livable area: 4,541 sqft
- Finished area below ground: 629
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Service Door)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Screened
- Exterior features: Sprinkler System
Lot
- Size: 0.47 Acres
- Features: Corner Lot, Sidewalks, Mature Trees, Wooded
Details
- Parcel number: 291033015017000018
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1995
Details
- Builder name: Shamrock Builders
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Bayhill
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance, Park, Playground, Pool, Tennis Court(s)
- Services included: Association Home Owners, Clubhouse, Maintenance, ParkPlayground, Tennis Court(s)
- HOA fee: $305 quarterly
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $751,700
- Annual tax amount: $8,304
- Date on market: 3/26/2026
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $855,000+1.9%$188/sqft |
Source:  MIBOR as distributed by MLS GRID #22091596 Report a problem | ||
| 3/31/2026 | Pending sale | $839,000$185/sqft |
Source: MIBOR as distributed by MLS GRID #22091596 Report a problem | ||
| 3/26/2026 | Listed for sale | $839,000$185/sqft |
Source: MIBOR as distributed by MLS GRID #22091596 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,305 +15% | $751,700 +3.4% |
| 2024 | $7,223 +14.8% | $726,800 +12.7% |
| 2023 | $6,292 +14.4% | $645,100 +17.2% |
| 2022 | $5,503 -2.6% | $550,400 +13.3% |
| 2021 | $5,647 +3.4% | $485,800 -2.5% |
| 2020 | $5,460 +9.6% | $498,400 +3.4% |
| 2019 | $4,982 +1.2% | $482,100 +7.5% |
| 2018 | $4,924 +3.9% | $448,400 +1.2% |
| 2017 | $4,737 +0.8% | $443,200 +2.3% |
| 2016 | $4,701 -0.4% | $433,300 +0.3% |
| 2014 | $4,718 +2.2% | $432,000 +2.2% |
| 2013 | $4,614 +1.6% | $422,600 +1.6% |
| 2012 | $4,541 +8.5% | $416,000 +7% |
| 2011 | $4,187 -13.2% | $388,700 -10.6% |
| 2010 | $4,821 +15.4% | $434,600 |
| 2009 | $4,179 -7.1% | $434,600 |
| 2007 | $4,496 -15.6% | $434,600 |
| 2006 | $5,328 | $434,600 +20.7% |
| 2005 | -- | $360,100 +61.1% |
| 2002 | $4,303 -1% | $223,500 +200% |
| 2001 | $4,347 | $74,500 |
Find assessor info on the county website
Neighborhood: 46033
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Woodbrook Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Clay Middle SchoolGrades: 6-8Distance: 0.2 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Woodbrook Elementary School
- Middle: Clay Middle School
- High: Carmel High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$862,900
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Estimated market value
$862,900
- Indiana
- Hamilton County
- Carmel
- 46033
- 5065 Sugar Cay Ct
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