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Alex Lino
Chairman's Club 2023
REALTOR®, Multi-Million Dollar Producer
(574) 612-1571
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201 Spectacle Drive, Valparaiso, IN 46383 Photo
201 Spectacle Drive, Valparaiso, IN 46383 Photo

1 Total Photos [Click to View All]

$499,900
Status: Active
201 Spectacle Drive Valparaiso, IN 46383
  • 7
    Bedrooms
  • 10
    Total Baths
  • 5,602
    Square Feet
  • 0.21
    Acres
  • 1992
    Year Built
  • HOA

Property Description

AUCTION! Here is a rare opportunity to own a private waterfront property offering over 5,600 square feet of living space with 7 bedrooms & 10 bathrooms! The flexible living space is designed for gathering, relaxation, privacy and everyday comfort. Configured as three fully independent living environments, this unique property is ideal for multi-generational living, extended guests, effortless weekend escapes or full-time lake living where vacation memories are made year-round, all within one cohesive residence. "1 hour from downtown Chicago" this 3-story Victorian Lake House retreat home built in 1992 is peacefully tucked just outside the city limits of North Valparaiso, only minutes from the I-80/90 (approximately 4 miles) expressway and the nearby South Shore Line. At the heart of the home is a huge gathering kitchen designed to bring everyone together, complemented by multiple living and entertaining areas ideal for relaxing, gaming, or simply enjoying the magnificent lake views. Embrace the serenity of the wooded setting from dramatic 10-foot, 9-foot, and 8-foot ceilings, combined with four vintage fireplaces that create warmth, character, and architectural charm throughout. The main residence offers 5 bedrooms and 8 bathrooms, with each bedroom featuring its own private en-suite bath for exceptional comfort and privacy. A convenient 3/4 bath located near the beach entrance provides the perfect space to rinse off after swimming, boating, or enjoying the lake. In addition to the expansive main residence, the property includes two attached private in-law apartments, each with separate exterior entrances and private deck access. Both spacious, well-appointed apartments include a bedroom with walk-in closet, full bath, kitchen, pantry, and living area?ideal for guests, extended family, or flexible living arrangements. Lifestyle features include two laundry rooms, an exterior-accessed workshop and large private office ideal for remote work or creative pursuits.

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Listed By / Shown By

Listed By

Broker Name: Kraft Real Estate Auctions LLC
Agent Name: Jay Robert Mayden
Broker Phone: 219-776-2879

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Shown By

Agent Name: Alex Lino
Agent Phone: (574) 612-1571
Broker Title: Cressy & Everett Real Estate

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Property Features

MLS Number: 202625649
Subdivision:
County: Porter
Bedrooms: 7
Total Square Feet: 5,602
New Constuction: No
Construction: Wood
Waterfront: Yes
Property Type: Residential - Single Family
Basement: Walk-Out Basement, Finished, Outside Entrance, Walk-up
Cooling: Central Air
Fireplaces: 4
Garage: 2 car attached
Heating: Hot Water
Lot Size: 0.21 Acres
Taxes: $4,591
Year Built: 1992

Feature Descriptions

Above Grade Finished SQFT: 5602
Days on CressyEverett.com: 3
Exterior: Wood
Fireplace: Breakfast Room, Living/Great Rm, Rec Rm, 1st Bdrm
Garage SQFT: 700
Lake Features: Non Ski Lake
Lot: Slope, Waterfront, 0-2.9999
Lot Dimensions: 50x141x12x168
Number of Rooms: 20
Sewer: Public
Total Finished SQFT: 5602
Water: Public

Room Sizes

Bedroom 1: 17x16 Level - Lower
Bedroom 2: 17x15 Level - Upper
Bedroom 3: 12x10 Level - Upper
Bedroom 4: 17x10 Level - Upper
Bedroom 5: 12x9 Level - Upper

Location

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Estimated Payment

$ 3,003.78 per month $2,475.40 Principal & Interest $382.58 Property Tax $145.80 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/28/2026. The listing information on this page last changed on 06/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/28/2026 9:40:22 AM EST) or MichRic (Michigan Regional Information Center) (last updated Sun 06/28/2026 9:38:00 AM EST) or NIRA MLS (last updated Sun 06/28/2026 9:35:31 AM EST) or IRMLS (last updated Sun 06/28/2026 9:34:11 AM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS
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Agency License Information: Cressy & Everett Real Estate is licensed in the states of Indiana and Michigan.



Agent License Information: Alex Lino is licensed to sell real estate in the state of Indiana.

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