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About This Home
This 4-bedroom, 2-bathroom single family at 5547 N West Shafer Drive in Monticello, IN is listed for $589,900 ($217 per sqft). Built in 1960, the home offers 2,714 sqft of living space on a 0.28 acres lot.
Don’t miss this beautifully renovated Lake Shafer property offering an incredible lakeside lifestyle! This ranch style home on a walk-out basement features 3-4 bedrooms and 2,714 sq ft of finished living space, perfectly situated on 70 feet of prime Lake Shafer frontage.
The waterfront is ideal for recreation and relaxation, with a swim deck, temporary boat lift and a double covered permanent electric boat lift, making it easy to enjoy boating and water sports. Inside, you’ll find a completely updated interior designed to maximize comfort and showcase the stunning lake views.
The main level features an updated kitchen with modern finishes, while the walk-out lower level offers a second full kitchen—perfect for entertaining guests or accommodating multi-generational living. Expansive windows throughout the home fill the space with natural light and capture breathtaking lake views from nearly every room.
The sunroom is a standout space, highlighted by a wall of windows overlooking the water, along with a bar area for entertaining. The walk-out lower level provides seamless indoor-outdoor living and easy access to the lakefront. Additional features include a 24x24 two-car garage, offering ample storage, plus plenty of additional parking for guests.
The property can also be sold as a turn-key opportunity — simply move in and start enjoying lake life immediately! Located on the main part of Lake Shafer, this is an excellent location for boating, swimming, and soaking in everything the lake lifestyle has to offer. Whether you’re seeking a full-time residence, vacation home, or investment property, this one checks all the boxes!
Key Features
- Built in 1960
- 0.28 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$3,155/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5547 N West Shafer Drive
Monticello, IN 47960
Amos Oak Crest
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 5547 N West Shafer Drive is listed at $589,900 ($217/sqft). The estimated monthly payment is $2,556 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.28 acre lot, Fireplace, Waterfront. Interior Features: Bar, Breakfast Bar, Ceiling Fan(s). Exterior Features: Shed.
This property is listed by Bart Hickman and can be reached at 5748704269 or Bart@Homes-By-Network.com.








