About This Home

This 3-bedroom, 4-bathroom single family at 8649 Bay Colony Drive in Indianapolis, IN is listed for $1,150,000 ($226 per sqft). Built in 1984, the home offers 5,078 sqft of living space on a 1.03 acres lot.

Key Features

  • Built in 1984
  • 1.03 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 2 half
1984

Amenities

FireplaceWaterfrontViewSpaA/C
Listing Description

Discover lakeside living at its finest in the prestigious Bay Colony community on Eagle Creek Reservoir. This stunning 3-bed, 4-bath (2 Full/2 half) home offers over 5,000 sq ft of beautifully appointed living space on a rare 1-acre lot with direct water access.

Beautiful Living Room with stone fireplace, wood ceiling and stunning floor, formal dining room, kitchen, breakfast room, laundry room and 3 car garage. Primary bedroom on main with a private deck and fireplace, attached bath with spa tub, separate tiled shower, double vanities and large walk-in closet.

1/2 bath and Office w/built-ins rounds out this well appointed first floor. Down 1 level leads to Family room w/fireplace, bar, storage, 1/2 bath and 2 large bedrooms with Jack & Jill bath. Down another level brings you to an in-home gym w/equip, theatre room, walk-out to back yard as well as an additional 2 car garage!

Traditional architectural details blend with serene natural surroundings to create an inviting retreat just minutes from downtown Indianapolis. Bay Colony is a private, gated neighborhood known for its exclusive waterfront homes, mature trees, and peaceful setting. Experience the best of comfort, space, and scenery in this remarkable property.

Monthly Cost Estimate

$6,880/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335
HOA$730

Estimates only. Actual payments may vary.

Location

8649 Bay Colony Drive

Indianapolis, IN 46234

Bay Colony

Features & Amenities

Interior Features

Attic AccessAttic Pull Down StairsBuilt-in FeaturesCathedral Ceiling(s)Walk-In Closet(s)Hardwood FloorsPaddle FanEat-in KitchenHi-Speed Internet AvailblPantryWet Bar

Property Details

Construction

Stone Wood Siding

Views

Water

Pool Features

Deck

Parking

GarageOpen

Heating

Forced AirElectric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherDryerDisposalElectric OvenRefrigeratorWasherWine CoolerMicroHoodElectric Water HeaterWater Softener Owned

Questions & Answers

This 3-bedroom, 4-bathroom single family at 8649 Bay Colony Drive is listed at $1,150,000 ($226/sqft). The estimated monthly payment is $6,880 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $730/month.

Key features include: Built in 1984, 1.03 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: Attic Access, Attic Pull Down Stairs, Built-in Features.

This property is listed by Vicki Reed and can be reached at (317) 564-7100.

VR

Vicki Reed

Agent at Keller Williams Indy Metro NE

(317) 564-7100

Listed by Keller Williams Indy Metro NE · View on Broker Site

MLS# 22074264· Source: listhub· 224 days on market

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.

8649 Bay Colony Drive, Indianapolis, IN 46234

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