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5507 E Colonial Oaks Drive, 
Monticello, IN 47960

$474,900


3

Beds


2

Baths


1,488

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Cody Miller

Raeco Realty

Last updated:

November 19, 2025, 11:44 PM

MLS#

202546678

Source:

Indiana Regional MLS

About This Home

5507 E Colonial Oaks Drive

Welcome to 5507 Colonial Oaks — a once in a lifetime opportunity to own the most breathtaking views on Lake Freeman. Enjoy expansive, panoramic vistas spanning over 8,000 feet from your private shoreline to the opposite shore, overlooking the renowned Ski-Island. The main level showcases modern, contemporary updates, including beautiful LVP flooring, a quartz-topped island and countertops, a stylish tiled backsplash, floor-to-ceiling cabinets, a farmhouse sink with matching stainless steel appliances, and high-end fixtures throughout. The thoughtfully redesigned floor plan floods the space with natural light through oversized lakeside windows, offering spectacular views in the open-concept living, dining, and kitchen areas. Downstairs features a walkout basement, a third bedroom, and an 11x11 utility/laundry room that is plumbed for a second full bathroom. Outside, you'll find an entertainer's dream setup: a 20x22 garage with an attached pergola, a 20x15 paver patio, and a spacious 29x27 deck leading to your private pier equipped with a boat lift and jet ski lift. Enjoy 60 feet of pristine main lake frontage for endless lakeside fun. Another noteworthy update includes a new furnace and AC installed in 2024. For the ultimate lake lifestyle, a 2024 Viaggio Tri-Toon and Yamaha Waverunner are available separately. Schedule your visit today and experience all this incredible property has to offer!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1964

Price Summary

474,900

$319 per Sq. Ft.

MLS #:

202546678

Last Updated:

November 19, 2025, 11:44 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,488 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

1,488 Sq. Ft.

Year Built:

1964


Lot

Lot Size (Sq. Ft):

14,519


Finances & Disclosures

Finances

Price:

$474,900

Price per Sq. Ft:

$319 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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