# 57507 Red Bud Lane, Elkhart, IN 46517

> **TL;DR:** 3bd/2ba residential multi family, $599,000 ($568/sqft), 1,054 sqft. Est. $2,596/mo. Listed 95 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,000 |
| Price/sqft | $568 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,054 |
| Lot Size | 405,108 sqft (9.30 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 95 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,596 |
| **Total** | **$2,596** |

## Nearby Schools

- **Elementary:** Jimtown
- **Middle:** Jimtown
- **High:** Jimtown

## Property Highlights

- 9.30 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 57507 Red Bud Lane, Elkhart, IN 46517
- **County:** Elkhart County
- **Neighborhood:** None
- **Coordinates:** 41.66009872, -86.05898503
- **Google Maps:** https://www.google.com/maps?q=41.66009872,-86.05898503

## Listing Agent

- **Name:** Ashley Lambright
- **Brokerage:** Berkshire Hathaway HomeServices Elkhart
- **Phone:** 5742380208
- **Email:** alambrightrealtor@gmail.com

## Primary Photo

![57507 Red Bud Lane - Primary Photo](http://lh.rdcpix.com/fc86411cf0b30d1e4f50050ab32e7dedl-f2976995169r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/57507-red-bud-lane-elkhart-in-46517-02606184)*

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**MLS#:** 202606184 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/57507-red-bud-lane-elkhart-in-46517-02606184)

---

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