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31088421
31088422

200 Ln 200 Lk James, Angola, IN 46703

RM
IN RB14039072
Mike Thomas Associates, Inc.
Listed by Mike Thomas Associates, Inc.
$949,000
81 days on market
Updated 80 days ago

Lake James Short Term Rentals

Details
Property Type Business for Sale, Mixed Use (+1)
Sub Type Business and Building
Square Footage 3,310
Net Rentable (SqFt) 3,200
Units 1
Occupancy 31%
Price per SqFt $287
Broker Co-Op Yes
Year Built 2024
Buildings 1
Stories 2
Acreage 0.215

Business for Sale | 3,310 SqFt

Marketing description

Investor-Focused Commercial Remarks

Turnkey lakefront investment opportunity on Lake James with 112 nights of confirmed short-term rental bookings already secured for 2026, providing immediate income potential. This well-positioned property offers over 3,300 sq ft of finished living space and parking for up to 10 vehicles, making it ideal for high-demand vacation rental use, multi-family group stays, or a hybrid owner-use investment strategy.

The main level is designed for entertaining large groups and maximizing guest appeal, featuring an expansive kitchen with a 4×8 island, Classic Marble countertops, and dining overlooking the water. The living area is anchored by coffered ceilings and a fireplace, creating a premium guest experience that supports strong nightly rental rates. The primary suite overlooks the channel and includes a spa-style shower and walk-in closet.

Construction and efficiency features support long-term durability and operating efficiency, including Andersen windows, 6-inch insulated exterior walls, zoned HVAC, and a 20 kW whole-house generator. The walk-out basement expands guest capacity with a wet bar, second fireplace, and direct water access—features that perform exceptionally well in the vacation rental market.

Outdoor amenities include TimberTech composite decking, Westbury aluminum railings, and a river rock seawall, offering low-maintenance ownership and strong waterfront appeal.

With established short-term rental history, forward bookings in place, and strong Lake James seasonal demand, this property presents a rare opportunity to acquire a performing lakefront income asset with immediate revenue and long-term appreciation potential.

Investment highlights

Turnkey Lake James short-term rental with 112 nights already booked for 2026, delivering immediate income and strong forward occupancy. This 3,300+ sq ft lakefront home with parking for 10 is ideal for large-group rentals and premium nightly rates. Quality construction, low-maintenance exterior features, and high-demand guest amenities—including a walk-out lower level and direct water access—position the property for consistent rental demand, strong seasonal pricing, and long-term waterfront appreciation.

Listing Contacts

RM
IN RB14039072
Mike Thomas Associates, Inc.
Listed by Mike Thomas Associates, Inc.

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Additional Information

Name
Regi Miller
License
RB14039072
Brokerage
Mike Thomas Associates
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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