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About This Home

This 3-bedroom, 2-bathroom residential multi family at 57507 Red Bud Lane in Elkhart, IN is listed for $599,000 ($568 per sqft). the home offers 1,054 sqft of living space on a 9.30 acres lot.

Agent Description

Welcome to Tree House Acres, a rare 9.3-acre income-producing retreat built in 2025 and already delivering impressive results. Just 25 minutes from the University of Notre Dame, this three-bedroom, two-bath property is operating as a successful Airbnb.

New construction paired with immediate performance is hard to find. Guests are drawn to the peaceful wooded setting, modern finishes, and private acreage — creating strong demand right out of the gate. House is sold fully furnaced. Even more exciting, the property includes a secondary building site, offering the opportunity to add another Airbnb, guest cottage, or private residence — significantly increasing future income potential.

With April 2026 income and expenses, Cap Rate will now be 7.77%. Turnkey. Proven. Expandable.

Key Features

  • 9.30 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

57507 Red Bud Lane

Elkhart, IN 46517

None

Features & Amenities

Exterior Features

Ceiling FanFireplaceHot Tub/SpaOff Street ParkingNear Walking TrailCeiling-9+Countertops-solid SurfDeck CoveredDeck OpenEat-in KitchenWater Heater GasWater Heater TanklessWasher Hook-upNone

Property Details

Flooring

Vinyl

Heating

Propane (Heating)

Cooling

Multi Units

Appliances

DishwasherDryerMicrowaveRangeWasher

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 57507 Red Bud Lane is listed at $599,000 ($568/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

Key features include: 9.30 acre lot, 2 stories. Exterior Features: Ceiling Fan, Fireplace, Hot Tub/Spa.

This property is listed by Ashley Lambright and can be reached at 5742380208 or alambrightrealtor@gmail.com.

AL

Ashley Lambright

Agent at Berkshire Hathaway HomeServices Elkhart

(574) 238-0208

Listed by Berkshire Hathaway HomeServices Elkhart · View on Broker Site

MLS# 202606184· Source: listhub· Updated 95 days ago

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

57507 Red Bud Lane, Elkhart, IN 46517

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