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2037 Deepwater (Lot 18) Loop 18

Acres: 0.240

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent

2031 Deepwater (Lot 19) Loop 19

Acres: 0.280

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent

2127 Deepwater (Lot 3) Loop 3

Acres: 0.310

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent

2014 Deepwater (Lot 26) Loop 26

Acres: 0.250

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent

2133 Deepwater (Lot 2) Loop 2

Acres: 0.310

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent
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2002 Deepwater (Lot 25) Loop 25

Acres: 0.340

Lakeview Bay-Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots...

Michael Lewis, Agent

4372 N Shorewood Court

2 2.0   Sf: 1188   Yr: 2022  Acres: 0.550

Enjoy lake living at its finest with this 2-bedroom, 2-bath waterfront home on Lake Shafer! Designed for comfort and convenience, the floor plan features an eat-in kitchen, spacious living room with...

John Koppelmann, CRS, e-PRO, GRI, SRES, Agent

2373 N Untalulti Drive

0 12.0   Yr: 1933  Acres: 0.660

Anchor Bay Resort is one of the area's premier turnkey lakefront resorts, offering a quiet, secluded, and rustic lakeside retreat just a short walk from Indiana Beach Amusement Park. With 11 updated...

John Koppelmann, CRS, e-PRO, GRI, SRES, Agent
Untalulti

6021 N Harding Court

3 2.0   Sf: 1152   Yr: 2000  Acres: 0.170

Low-maintenance 3 bedroom, 2 bathroom home with Lake Shafer access via an easement and a permanent covered boat lift on Main Lake Shafer. This fully remodeled home is move-in ready and offers the...

Bart Hickman, Agent

2091 Deepwater (Lot 9) Loop 9

Acres: 0.300

Build Your Dream Home on Lake Shafer at Lakeview Bay. Welcome to Lakeview Bay, Monticello's premier new community on Lake Shafer. These lakefront lots offer the perfect setting for your custom home...

Michael Lewis, Agent

5547 N West Shafer Drive

4 2.0   Sf: 2714   Yr: 1960  Acres: 0.280

Don't miss this beautifully renovated Lake Shafer property offering an incredible lakeside lifestyle! This ranch style home on a walk-out basement features 3-4 bedrooms and 2,714 sq ft of finished...

Bart Hickman, Agent

5242 E Wenz Drive

4 4.0   Sf: 3470   Yr: 2003  Acres: 0.580

Discover lakefront living at its finest in this custom-built home on a level lot along Lake Shafer. Built in 2003, this stunning property offers nearly 3,500 sq. ft. of living space with 4 bedrooms...

Bart Hickman, Agent

2371 N Untalulti Drive D

2 1.0   Sf: 432   Yr: 1918  Acres: 0.024

Welcome to your perfect getaway on Lake Shafer! This charming, low-maintenance cottage offers everything you need to enjoy the lake life. With a private dock and boatlift, you'll have effortless...

Bart Hickman, Agent

4954 E Bayfront Court

5 4.0   Sf: 4378   Yr: 1948  Acres: 0.610

5 bed/4 full bath Lake Shafer/Kean's bay 2 house Beauty with a Classy mixture of modern updates and original charm. Main house has modern Quartz/Oak Kitchen with new stainless appliances, recessed...

Keans Bay

5413 E Fairbanks Court

4 3.0   Sf: 4236   Yr: 1980  Acres: 0.360

MOTIVATED SELLER, SELLER SAYS SELL, HUGE PRICE REDUCTION!! Best Views on Lake Shafer with 103' of Main Lake Frontage. 4 bed/3 bath ranch w/walkout basement to Lake. Vaulted living room ceilings main...

Beachview

0 N East Shafer Drive

Acres: 9.430

Welcome to this rare property on Lake Shafer. This property boasts over 9 acres and 1,200 feet of waterfrontage. Whether you are looking for a place to create a private retreat, build your dream home...

3078 E BOLLER Court

2 2.0   Sf: 1344   Yr: 1960  Acres: 0.560

ESCAPE TO YOUR OWN PRIVATE SANCTUARY! THIS CHARMING 2-BEDROOM 1.5 BATH HOME INCLUDES 1 CAR GARAGE, 4 SPACIOUS LOTS WITH 250' WATERFRONT. A PRIVATE LANE ENTRANCE ENSURES PEACE, PRIVACY, AND THE...

6551 N 300 E

4 2.0   Sf: 2168   Yr: 1940  Acres: 0.203

!!NEW PRICE!! Welcome to your peaceful waterfront retreat on Big Monon Creek. Step inside to a home that's been thoughtfully cared for and updated, with all major appliances replaced between...

6105 N 300 E

3 2.0   Sf: 1500   Yr: 2017  Acres: 0.142

Escape to the lake with this charming 3 bedroom (plus loft) 2 bath waterfront cottage offering 50 feet of pristine shoreline! Enjoy breathtaking lake views from the kitchen and living room, both...

Butterfield Camp

5220 E Wenz Drive

2 3.0   Sf: 960   Yr: 1929  Acres: 0.206

Charming Waterfront Home on Lake Shafer. Enjoy lake life in this inviting 2-bedroom, 1-bathroom home with 50 feet of waterfront and stunning views. Relax and entertain with your very own hot tub...

John Koppelmann: Lake Shafer Real Estate Agent Info

Service oriented company with expertise in the Monticello area including Lake Shafer and Lake Freeman.

Lake Shafer Information

Keep Indiana’s Lake Shafer in mind if you’re looking for lake homes for sale. Located just outside Monticello, Indiana, and within driving distance of such metropolitan hubs as Chicago, Illinois, Lake Shafer feels delightfully isolated from the outside world but is still refreshingly close to civilization. The lake is continually fed by the Tippecanoe River, ensuring the water is always at the level you need to do whatever you like!

Lake Shafer has a sibling, Lake Freeman, but is the obvious favorite of the two as she is larger and offers more in the way of recreation and entertainment opportunities. Her size accommodates both water revelers looking to make some waves and anglers looking for a secluded cove. Set out upon the lake’s 1,291 acres of water surface and pick a spot to cast your rod, any spot will do. Lake Shafer is well known for housing healthy populations of multiple species of fish. Common catches include white crappie, bluegill, carp, and channel catfish, in addition to smallmouth, largemouth, hybrid, and white bass. In fact, Lake Shafer hosts the American Bass Anglers Fishing Tournament each year. Whether your hook is baited for the next record-breaking catfish or prize bass, sit back and enjoy the hunt!

Lake Shafer’s 50 miles of pristine shoreline invite all to come and stay a while, no matter if you have your heart set on boating or sunbathing. Lake homes for sale not only have full access to the lake itself, but they're also steps away from the numerous marinas and countless campsites that encircle the lake. Look out upon the lake in the summer and you will find families in powerboats, adrenaline enthusiasts on water skies, and athletes in kayaks. Simply put, you’ll find people having the time of their life! You may also note the many that choose to turn the volume down a bit, mastering the fine art of becoming one with the beach. Surely, Lake Shafer is eager to move at any pace you like.

The fun continues off the lake as well. Lake-view properties just so happen to be surrounded by several quality golf courses and attractions. One course in particular, the Tippecanoe Country Club, is situated directly on the lake and is open to the public from mid-March through Thanksgiving. In addition to serving up eighteen engaging holes to play, the par-72 course also features a clubhouse and pro-shop, a restaurant and bar, and banquet facilities. If you’d like to live on a Lake Shafer golf course, visit GolfHomes.com for property listings and details.

A true one-stop-shop for family entertainment is found in Lake Shafer’s neighbor, the Indiana Beach Amusement Park and Camp Resort. The largest amusement park in the state is home to six roller coasters and thirty rides total. The park also features a miniature golf course and water park. Set the speed of your Lake Shafer experience and enjoy the ride today!

Lake Shafer and Lake Freeman just 2 hours south of Chicago, 90 Minutes north of Indianapolis in Indiana. Indiana Beach is on Lake Shafer. 2 campgrounds, 3 golf courses near both lakes. Jet skis, swimming, boat docks, power boats are permitted on both lakes. Depth of lakes vary up to 30'. City of Monticello (quaint resort town) is situated between both lakes Freeman and Shafer.

If you're interested in specific real estate options, amenities, or activities around the lake, feel free to ask a Lake Real Estate Specialist!

Are Jet Skis permitted on Lake Shafer? Yes
Can you Swim in Lake Shafer? Yes
Are Boat Docks permitted at Lake Shafer? Yes
Are Power Boats permitted at Lake Shafer? Yes
What is the Lake Depth at Lake Shafer? 30'
What are the Nearby Cities to Lake Shafer? City of Monticello