# 4218 E Lakeview Drive, Martinsville, IN 46151

> **TL;DR:** 2bd/3ba single family, $799,900 ($256/sqft), built 1975, 3,120 sqft.
> Spa, Fireplace, Waterfront, View. Est. $5,228/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,900 |
| Price/sqft | $256 |
| Bedrooms | 2 |
| Bathrooms | 3 full |
| Square Feet | 3,120 |
| Year Built | 1975 |
| Lot Size | 23,958 sqft (0.55 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water, Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,045 |
| Estimated Insurance | $233 |
| HOA | $950 |
| **Total** | **$5,228** |

## Nearby Schools

- **Elementary:** Indian Creek Elementary School
- **Middle:** Indian Creek Middle School
- **High:** Indian Creek Sr High School

## Key Amenities

- Spa
- Fireplace
- Waterfront
- View
- A/C

## Property Highlights

- Built in 1975
- 0.55 acre lot
- 2 stories
- Fireplace
- Waterfront

## Description

### Agent Description
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.

## Location

- **Address:** 4218 E Lakeview Drive, Martinsville, IN 46151
- **County:** Morgan
- **Neighborhood:** Painted Hills
- **Coordinates:** 39.400053, -86.350949
- **Google Maps:** https://www.google.com/maps?q=39.400053,-86.350949

## Virtual Tour & Media

- **Video Tour:** www.DanielleStiles.com

## Listing Agent

- **Name:** Danielle Stiles
- **Brokerage:** The Modglin Group
- **Phone:** (317) 900-6015

## Primary Photo

![4218 E Lakeview Drive - Primary Photo](http://lh.rdcpix.com/4b5676d1fb5209a6ad62d7f4b1652d06l-f3918946678r.jpg)

*117 total photos available on [listing page](https://www.propertysimple.ai/listing/4218-e-lakeview-drive-martinsville-in-46151-22112883)*

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**MLS#:** 22112883 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4218-e-lakeview-drive-martinsville-in-46151-22112883)

---

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