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4218 E Lakeview Drive, 
Martinsville, IN 46151

$774,900


2

Beds


3

Baths


3,120

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Danielle Stiles

The Modglin Group

317-865-9400

Last updated:

August 26, 2026, 08:13 AM

MLS#

22112883

Source:

IN MIBOR

About This Home

4218 E Lakeview Drive

Welcome to the most coveted lakefront home in the private Painted Hills Lake Community, where every day feels like a vacation & every sunset becomes your own private masterpiece. Perfectly positioned on over 160' of shoreline along the peaceful 46-acre Lake Nebo, this exceptional waterfront retreat was designed for unforgettable entertaining, year-round recreation & effortless lakeside living. Nearly every room captures breathtaking panoramic water views, while multiple covered porches, expansive decks & outdoor gathering spaces create the perfect setting for morning coffee, sunset cocktails, summer cookouts & making lifelong memories. Enjoy front row views of the community's spectacular July 4th fireworks from the comfort of home, then unwind in the hot tub or listen to live music drifting across the water from nearby Cedar Creek concerts. This private waterfront is truly unmatched, featuring your own dock with surround sound, diving board & waterslide, plus a cornhole lane for endless fun with family & friends. Whether you're boating, kayaking, paddleboarding, fishing, swimming, or simply relaxing by the water, this property is one of the premier lakefront lifestyles in Morgan County. Inside, expansive windows fill the home with natural light while showcasing incredible lake views throughout. Multiple gathering spaces provide the perfect balance of everyday comfort & entertaining. With 3 fireplaces & oversized rooms the flexible floor plan offers outstanding potential to easily add additional bedrooms, making it ideal for hosting guests, multi-generational living or creating the ultimate luxury lake retreat. Ownership includes access to all the amenities including the 150-acre ski lake, Lake Holiday, private beach, swimming pool, clubhouse, members only restaurant & bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, fishing docks swimming docks & year-round community events. Located 30 min from Bloomington & Indianapolis Airport.

Home Facts

Single Family

3 Baths

2 Bedrooms

Built in 1975

Subdivision & Development:

Painted Hills

Price Summary

774,900

$248 per Sq. Ft.

MLS #:

22112883

Last Updated:

August 26, 2026, 08:13 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,120 Sq. Ft.


Structure

Structure

Building Area:

3,120 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

23,958


Finances & Disclosures

Finances

Price:

$774,900

Price per Sq. Ft:

$248 per Sq. Ft.

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.