87 houses for sale in Terrace Bay

Lake Freeman waterfront living at its best! This charming 2-bedroom, 1-bath single-wide manufactured home sits directly on the channel of Lake Freeman and offers beautiful water views from two large decksperfect for relaxing, entertaining, or enjoying your morning coffee by the lake. The open-concept kitchen and living room create a comfortable gathering space, while the remodeled bathroom adds a fresh, updated touch. New ENERGY STAR-rated windows were installed in 2024, adding to the home's comfort and energy efficiency. An electric boat lift is included, making lake days even more convenient. The HOA includes water, trash service, lawn care, and access to the clubhouse and swimming pool. A tool shed provides additional storage for outdoor equipment. Whether you're looking for a weekend getaway or a place to enjoy lake life year-round, this property offers a wonderful opportunity to enjoy all that Lake Freeman has to offer

Completely remodeled and truly turn-key, this beautifully updated 2-bedroom, 2-bath lake home is ready to enjoy! The home features new flooring throughout, freshly painted cabinets, new stainless-steel appliances and hood, pantry, new light fixtures, and a brand-new HVAC system. The master en-suite has been fully updated with tiled floors, new shower, vanity, toilet, and walk-in closet. Outside, enjoy a new aluminum dock and lighting, fresh landscape rock and pavers, and a new asphalt driveway. Fully furnished and move-in ready, this home offers the perfect opportunity to enjoy lake life with virtually nothing left to do but unpack and relax! Included in HOA is lawn care, water, sewer, trash, and pool/ clubhouse

Adorable and Updated Lake Freeman Cottage! This beautifully decorated and updated cottage could be yours and is being offered as'turn key' including most of the furnishings and decor you see. Additionally it offers 3 bedrooms, 1 bathroom, an open concept living space, stackable W/D, large kitchen island, and gorgeous views. Step outside and enjoy your large 27X19 deck off the living space for entertaining, a permanent covered electric boat and double jet ski lift for your watercrafts, a very nice upper waterfront deck and a shed for storage

Discover relaxed lake living in this inviting 2-bedroom, 2-bath home on Lake Freeman! Featuring an open floor plan designed for comfortable living and easy entertaining, this home offers a bright, spacious feel throughout. Step outside to enjoy the large deck perfect for morning coffee, summer cookouts, or unwinding after a day on the water. A storage shed provides extra space for lake toys, tools, and outdoor equipment. Situated on canal water frontage just minutes from the main waters of Lake Freeman, youll enjoy quick and convenient access to boating, fishing, and endless recreation. Residents also enjoy fantastic community amenities including a clubhouse and inground swimming pool, adding even more opportunities for fun and relaxation. Whether youre searching for a full-time residence, weekend retreat, or investment opportunity, this property offers the ideal combination of comfort, convenience, and lake lifestyle living

Who needs the lake life & over an acre of land with a newer pole barn? Come have a look at 2232 North Norway Trail in Monticello! This move-in ready home sits directly across from Lake Shafer, & offers 98 feet of lakefront access, & a place to have a boatlift & boat. Well-maintained & tastefully decorated, this 3 bedroom, 2 full bath home includes all appliances & is ready for the next owners. 1776 sq ft of finished living space. Plenty of off-street parking, a 2 yr old roof, & a pole barn that's a generous 32' by 24', 10' high inside, & an 8' high garage door. Ready for all the extra storage you could need. Just minutes from Indiana Beach, & all the Monticello community has to offer. Beautiful mature trees provide a shaded oasis & plenty of space for all your outdoor entertaining needs. Beautiful view of the lake from the spacious 24' by 20' deck where you can enjoy quiet mornings or evenings just soaking in all this property has to offer. New blacktop on driveway, all cast iron plumb

Price reduced! 3.90 acre Lake Freeman Multi-Purpose Commercial/Residential Property with (3) separate parcels. 2,900 + sqft. Ranch Style house with walkout basementsituated on a. 80 acre parcel overlooks an estimated 260' of level Lake Frontage with harbor, boat launch, shallow sandy swimming areas. One of the most uniquelake settings in the Midwest with good proximity to Lafayette/West Lafayette Area. Sale subject to court approval

Summer starts here! This one-of-a-kind 5-bedroom, 4.5-bath lakefront getaway delivers room for the whole crew with two connected living spaces designed for unforgettable weekends and effortless entertaining. The main level features a gorgeous luxury kitchen, inviting fireplace, spacious primary suite, bright and cheerful sun-room, guest bedroom and a flexible 20x20 bonus room perfect for a game room, bunk room, or hobby space. Upstairs offers three more bedrooms, a full bath, and a second living area complete with its own kitchen and dining space. Step outside to an enormous lakeside deck overlooking the pier, dock, and covered boat lift. Soak in the jacuzzi after a day on the water, enjoy dinner around the oversized picnic table and welcome guests with the convenient RV hookup. Bring the boats, bring the family and make every day feel like a vacation!

Welcome to your peaceful getaway or low-maintenance home in a desirable Lake Freeman neighborhood! Set on a spacious 0.347-acre lot complete with mature shade trees, a storage shed, and productive apple and pear trees, this cute 1-bedroom, 1-bathroom cottage offers clean, turnkey living. Inside, the open-concept floor plan features bright laminate flooring, recessed lighting, and a full kitchen with white cabinetry. There are washer/dryer hookups and a tankless water heater. Outdoors, you can take in lovely lake views from the wooden deck or make use of the generous open yard, which comes fully equipped with dedicated RV parking, electric, and hookups. Perfectly located within a short walking distance to local favorites like the Sportsman Restaurant and the Madam Carroll. (Note: Property offers scenic lake views; does not include direct lake access)

Welcome to your peaceful retreat just steps to Lake Freeman! This charming cottage features an open living/dining space, 2 bedrooms, newer windows, and full insulation, creating a comfortable and inviting space filled with abundant natural light. The kitchen features stainless appliances, and a separate private entrance. The walk-out basement provides additional storage and living space! Enjoy the outdoors from both the upper and lower private decks, each offering plenty of seating and relaxing views of the water. Take advantage of the opportunity to enjoy the lake right outside your door! Inspections welcome, but home is being sold AS IS

Remodeled 4 bedroom 3 full bath Ranch Style Home with vaulted living room ceilings, open living areas, Masonry fireplace is the centerpiece of living area. Updated kitchen with Soho Express Soft Close Cabinets, Stainless Appliances, Pendant & Recessed Lighting. Mostly finished basement with full bathroom and living areas. Backyard has a large patio and fenced yard for privacy and outdoor activity. Close proximity to Lake Freeman and recreation, across the bridge from retail and Central Business District. Mature Trees provide shade and a parklike setting. Interior ceilings have a smooth finish with recessed lighting. Culligan Water Filtration System, updated plumbing/electrical wiring, newer well. Asphalt Driveway and wood deck off front of house. A Turn Key ranch with finished basement and nearly 2,800 sqft. Total living areas

Welcome to prime Lake Freeman living with this beautifully remodeled 2 bedroom 1 bath home offering 1006 sq ft in a great community. Whether you're searching for a private retreat, weekend escape, or year round lake living, this property offers a rare blend of cottage charm, nature and lake life. Dont miss this opportunity to own an updated waterfront property you can enjoy right away! Enjoy breathtaking lake views from the living room, bedroom and kitchen to start and end your day on. Enjoy quiet mornings on the covered porch swing downstairs while viewing the lake and beautifully landscaped yard. Step out onto the large wrap around deck, ideal for entertaining family and friends, grilling out or simply taking in nature and the lake view. Roast marshmallows over the large fire pit while relaxing on the large swing gazebo. Enjoy the large shed for lake toy storage. The shed has electric & light. Put a boat lift in right next to the dock. An additional feature is of the boat garage that

Welcome to lake life at its finest on beautiful Lake Freeman! This lake-level property offers 50 feet of frontage with a sandy bottom, perfect for swimming, floating, and making memories. This well-loved home, owned by the same family for 54 years, offers just under 3,000 square feet of living with 3 bedrooms and 3.5 baths. The main level features a spacious layout with 2 cozy fireplaces, plus a versatile bonus room off the kitchen that could easily serve as a den, home office, or be converted into a 4th bedroom. Upstairs, youll find all bedrooms along with additional storage space. The primary suite is ideally positioned on the lake side, offering stunning water views. A 4-seasons sunroom provides the perfect spot to relax year-round while overlooking the water. Step outside and enjoy everything lake living has to offer, from the boathouse (perfect for storage, entertaining, or even a lakeside bar setup) to the included boat lift and jet ski lift. The roof, furnace, and A/C are just 4

Adorable, remodeled home with close access to Lake Freeman and the Tippecanoe River! This move-in ready property features a beautifully updated kitchen with new appliances, remodeled bathrooms, updated flooring throughout, and new windows, siding, and roof. Relax on the new covered front and back decks while enjoying the peaceful surroundings. Ready for its new ownercall your favorite Realtor to schedule a private showing today!

This beautifully maintained 2 bed, 1 bath ranch offers a peaceful neighborhood setting near Lake Shafer, where you can even catch a glimpse of the Indiana Beach roller coasters in the distance while still enjoying a quieter, more rural feel. Upon arrival, youll find great curb appeal and an attached 2-car garage before stepping inside to a spacious living room with vaulted ceilings and a large fireplace. The layout has a nice flow into the kitchen and dining area, while the updated kitchen, bath, flooring, windows and other improvements throughout give the home a fresh, well cared for feel. The current owners have continued to improve the property with a deeper well, new well pump and additional electrical upgrades. Out back, a large deck provides plenty of room to sit outside, entertain or simply enjoy the peaceful surroundings. The location offers the best of both worlds with lake life and local attractions nearby while still feeling tucked away from the busier areas. With plenty of

Welcome to a truly rare waterfront opportunity offering approximately 4,300 square feet, 4 bedrooms, 3.5 bathrooms, 4.5 private acres, and nearly 500 feet of shoreline. Built by the same legendary craftsman responsible for constructing Tony Stewarts personal residence, this handcrafted log-style home showcases exceptional quality and timeless design. The exterior logs were individually sourced and shipped from Montana, creating the character of a mountain lodge while offering modern construction advantages. Unlike a traditional full-log cabin, this home was engineered as a stick-built residence with authentic log accents, providing improved insulation, efficiency, structural stability, and long-term durability. Heated concrete floors throughout every level add year-round comfort and quality. Since ownership began, this estate has undergone an extensive transformation with major improvements throughout the property. Recent upgrades include professional log restoration and refinishing, r

Lake cottage with an easement to Lake Freeman with dock and lift! This low maintenance 3-bedroom, 1-bath home offers 882 sq. Ft. of efficient living space and sits on a corner lot just a short stroll from the water. The property includes 15 feet of Lake Freeman easement access, complete with a boat dock and covered boat liftmaking it easy to keep your boat protected and ready for the next day on the lake. All three bedrooms are located upstairs, providing separation from the main living area. One upper bedroom features its own private deck, creating a quiet outdoor space to relax. A covered deck off the main level offers views of Lake Freeman, making it the perfect place for morning coffee or winding down after a day on the water. Ideal as a weekend getaway or a manageable lake retreat, this property delivers convenient lake access and practical amenities at an attractive price point

Beautifully remodeled cottage on Lake Freeman! This turnkey 3-bedroom, 2-full-bath home has been completely updated from top to bottom. Enjoy peace of mind with a brand-new HVAC system, fresh exterior and interior paint, and new flooring throughout. The kitchen shines with a whole new layout, new cabinets, countertops, and light fixtures inside and out. Both bathrooms feature new toilets and showers, plus a convenient new laundry room has been added. A new bedroom addition provides extra space for family or guests. French doors open to a cozy backyard with bar and firepit, and the freshly painted garage (including the floor! )adds the finishing touch. Nothing to do but move in and start enjoying lake life!

Lake life friendly updates & space all over this place! The sharply updated open main level living area allows everyone to be a part of the activities; be it around the XL Quartz kitchen island, or the living room's custom designed stone fireplace. The lake-view bed/bath suite, 3 guest bedrooms & a full bath are nearby to accommodate as well. The LL recreational area provides a 3rd full bath plus easy access to the amazing 800 sf lake view patio for further congregating! More for your outdoor needs thanks to the 14 x 36 lakeside deck, lake level yard (EZ access via the new concrete golfcart driveway), & plentiful pet/kids play-space & parking on the additional 1/2 acre lot included w/garage! Set your sights on Summer with this stylish lake site!

Welcome home to this spacious 3-bedroom, 2-bathroom property offering 1,756 square feet of comfortable living space. In addition to the bedrooms, you'll find a dedicated office and extra space perfect for a home gym or hobby area. The home features a functional kitchen and dining area, a welcoming front porch, and a backyard deck overlooking approximately 1.5 acres and two storage sheds (10x10 and 12x20). With the roof, furnace, and A/C all installed when the home was built 2015. Situated on a quiet dead-end street, this property offers privacy while remaining just 10 minutes from town. Complete with a two-car attached garage, this home combines peaceful country-style living with everyday convenience

WELCOME TO YOUR NEW HOME ON LAKE FREEMAN Beautiful custom-built 3-bedroom, 3-full-bath home offering breathtaking Lake Freeman views from sunrise to sunset. This like-new home is thoughtfully designed with quality finishes and exceptional spaces for both everyday living and entertaining. The spacious open-concept living area features a stunning stone gas fireplace and abundant natural light. The custom kitchen is a true showstopper, complete with custom cabinetry, beautiful backsplash, and carefully considered details throughout. The lower level provides the ultimate entertainment retreat, featuring a built-in bar and a dedicated space perfect for an in-home theater. The spacious laundry room offers additional flexibility with ample room for a home gym, office, or hobby space. Step outside to enjoy peaceful evenings on the beautiful back porch or relax in the hot tub while taking in spectacular sunset views over the lake. For the ultimate Lake Freeman lifestyle, the property also inclu

This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted

Enjoy the ultimate Tippecanoe River lifestyle in this well-maintained 3-bedroom, 2-bath high-bank waterfront home! The wraparound deck offers sweeping, unobstructed river viewsthe perfect backdrop for morning coffee, outdoor dining, and evenings spent watching the water go by. Situated on a. 33-acre double lot, this property offers direct river access, and private boat ramp access added in by a huge gravel driveway with ample room for vehicles, boats, and guests. Inside, separate living and family rooms, an eat-in kitchen, a sunroom area, and a dedicated laundry area provide comfortable space for everyday living or weekend gatherings. A wraparound deck adds another spot to enjoy the outdoors, while the large storage shed keeps tools and river gear close at hand. Located near Oakdale Dam Restaurant and only 25 minutes from Lafayette, this home makes it easy to trade the everyday rush for a little more river time!

Simply solid! This 3 bed / 2 bath brick ranch, located on a quiet cul-de-sac in a nicely kept neighborhood, is a solid investment whether you are looking for a starter home or wanting to downsize/simplify your world. Primary bed/bath, full guest bath w/laundry area, attached garage, and backyard patio are among the perks of this move-in ready home. Inspections are welcome, but home is being sold as is

Buy the numbers! Here is a property you can count on to give you plenty of space & opportunity for all of life's needs: 3 Bed/2.5 Bath, 3300+ finished sf home, XL open concept kitchen/dining/family area, living rm. Sun porch, XL master bath & walk-in closet, laundry rooms on main & lower level, 2 car att. Garage, & open partially finished basement. Pole building w/heated office areas & 1/2 bath, main & loft storage, 2x overhead doors. All situated on a partially wooded 2 acre parcel! If you're looking for more room AND room to grow, this is your number one option to do so!

River views, a new riverside deck, and extensive updates welcome you to this 3-bedroom, 1-bath home along the Tippecanoe River. With 1,536 square feet, the home offers a spacious living room, an eat-in kitchen with breakfast bar, and additional living space for gathering or relaxing. Enjoy morning coffee on the deck overlooking the water, or settle in for a quiet evening beneath the trees. Inside, improvements include LVP flooring installed in 2022, solid wood interior doors, updated lighting throughout, and a completely remodeled bathroom with a walk-in shower. Major updates include a roof replaced in December 2021; a furnace, central air conditioner, and two mini-splits installed in 2022; and a gas water heater, water softener, and well pressure tank replaced in 2025. The kitchen appliances, washer, and gas dryer have also been replaced, along with the electrical panel and wiring throughout the home. An attached one-car garage, main-level laundry, and brick patio round out this invit

Very well maintained 3 Bedroom 1 1/2 Bath House that is close to grocery stores and schools. It is also just a short walk to the park with brand-new pickle-ball courts. New Central Heat/AC and updated throughout with a remodeled kitchen, bath, flooring, and paint. Don't let this reasonably priced home in Monticello pass you by and schedule a showing now!

Price reduced! Lake Freeman Brick ranch on Double lot with 200+ ft. Of Frontage. Partial finished basement with full bath and living area. Quality build and finish with full brick exterior. Main bedroom suite has a cedar walk-in closet, dual sinks. Living Room has a nice gas fireplace with brick hearth, sliding patio doors to back deck, wet bar for evening night cap. Exterior has; back deck and lakeside deck, stairs to water, a nice courtyard with paved walkways, fenced yard, irrigation system for lawn. 12x20 matching exterior shed with concrete floors/electric and shelving. Attached garage is heated with a garden sink. Whole House Generator Stays with purchase. Updates include; replacement windows, high eff. Gas furnace/central a/c, updated water heater, Kinetico Water Softener. Unique View of Upper Lake Freeman, Eagles are active on this portion of Lake. Desirable Royal Oaks Subdivision

Welcome to this charming 3-bedroom, 1-bathroom two-story home situated on a beautiful 2.6-acre parcel just outside Idaville! With 1,244 square feet of living space, this property offers a great combination of country living, usable acreage, and important recent updates. The home features two bedrooms upstairs, with the possibility of a third bedroom depending on how the space is utilized. Major improvements include new plumbing, a new water heater, and a furnace and A/C system replaced in 2024. The roof is approximately 8 years old, providing additional peace of mind. Outside, the property offers plenty of room to enjoy the outdoors, with a 20x12 insulated shed providing excellent storage for tools, equipment, or hobbies. If you're looking for a home with acreage, privacy, and several of the big-ticket updates already taken care of, this Idaville property is worth a look!

Convenient park & lake access included! Plenty of private & public perks can be found with this home @ Bluewater Dr. Situated directly across from Bluewater Beach on North Freeman featuring a park/playground & lake access. Enjoy the park & waterfront views from the new front deck or year-round sun porch. Homes interior offers an open living area, mini-master bedroom w/half bath, laundry rm. Attached garage. New central air, interior paint, & garage opener in 26 in addition to the new deck. Easy maintenance in a perk-filled location make this a great place to park yourself permanently!

Beautifully remodeled 3-bedroom, 2-full-bath home offering a fresh, move-in-ready feel with nearly everything updated and new! The flexible floor plan features a convenient main-level bedroom, while the upper-level loft-style bedroom provides additional versatility and could easily serve as a den, office, playroom, or additional sleeping space. Enjoy relaxing on the covered front porch or entertaining on the rear wood deck overlooking the spacious yard. A storage shed provides convenient space for lawn equipment, tools, and outdoor belongings. With extensive recent remodeling throughout, this home combines modern updates with comfortable living spaces and plenty of outdoor room. A great opportunity for buyers looking for an updated home with flexible living options in Monticello!