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5179 N Crab Apple Loop

2 1.0   Sf: 760   Yr: 1950  Acres: 0.257

ESCAPE to this CLASSIC LAKE COTTAGE on CRAB APPLE! A little slice of waterfront serenity can be yours via this adorable home tucked away on a quiet inlet, but just minutes from the main lake. Hard to...

Sean Dekker, Agent
Parses Forest Lodge

5240 E Wenz Drive

4 3.0   Sf: 2738   Yr: 1965  Acres: 0.794

A CROWD PLEASER FOR LAKE LOVERS! Party planning for waterfront fun comes easy with this stylishly remodeled home, w/ multiple gathering sites for all your guests. The open main level living area...

Sean Dekker, Agent

3342 N Shore Acres Court

2 1.0   Sf: 840   Yr: 1930  Acres: 0.002

VIEWS VIEWS VIEWS! Located in one of the more desirable Lake Shafer neighborhoods, this lovely main lake *escape* provides a variety of scenic vistas from the main lake views w/their golf course...

Sean Dekker, 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
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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

4319 E Penrod Dr

2 2.0   Sf: 832   Yr: 1940  Acres: 0.160

Immaculately maintained and truly move-in ready, this charming lakefront cottage offers the perfect getaway! Thoughtfully updated throughout, it features a spacious kitchen and dining area ideal for...

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

6062 N Lake Rd 67 E

3 2.0   Sf: 1173   Yr: 2022  Acres: 0.411

You need to see this one! Fully furnished and FABULOUS! This 2022-built home spanning 2.5 lots! ENJOY the upgraded bayfront dock with 2 slips for your aquatic escapades! Whirlpool appliances, a sleek...

Pamela Simons, 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

4243 N West Shafer Drive

4 4.0   Sf: 3833   Yr: 2011  Acres: 0.470

Welcome to your Lake Shafer dream home-- this remarkable 4-bedroom, 3.5-bath home offers the ultimate in lakeside living with breathtaking views from nearly every room. With over 3,800 sq. ft. of...

4954 E Bayfront Court

5 4.0   Sf: 4378   Yr: 1948  Acres: 0.610

OPEN HOUSE SUNDAY 9/14/25 1-3 PM EASTERN TIME. 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...

Keans Bay

4849 E Indiana Beach Road

0 12.0   Yr: 1940  Acres: 0.663

PRICE REDUCED !! Turn-Key Lake Shafer Resort - Prime Location and Strong Revenue ... Turn Your Investment Dreams Into Reality. Located across the street from Indiana Beach, in Monticello, Indiana...

Untalulti

4697 E Elmer Girtz Drive

5 3.0   Sf: 3588   Yr: 2023  Acres: 0.210

This stunning, nearly new, one-and-a-half-story modern farmhouse offers an abundance of natural light with the stunning waterfront windows and vaulted ceiling. Offering cozy ambiance with a fireplace...

Elmer Girtz

5413 E Fairbanks Court

4 3.0   Sf: 4236   Yr: 1980  Acres: 0.360

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 level, open kitchen/dining area. Lake views from nearly...

Beachview

4703 E Elmer Girtz Drive

4 3.0   Sf: 2400   Yr: 2025  Acres: 0.140

OPEN HOUSE 9/14/25 1-3 PM. EASTERN TIME, COME SEE A NEW BUILD ON THE LAKE!! New Construction Lake Shafer 4 bedroom 2.5 bath with 9'+ Trey Ceilings on Main Level. Recessed Lighting throughout. Open...

Elmer Girtz

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...

2308 N Sullivan Court

3 3.0   Sf: 3284   Yr: 1972  Acres: 0.170

OPEN HOUSE SUNDAY AUGUST 31 1-3 PM. BEST DEAL ON LAKE SHAFER!! Lake Level on Main Lake Shafer, best views of Indiana Beach Amusement Park. This 3,284 SF. 2 story has multiple boat lifts & waverunner...

Sullivans

3276 E Bailey Road

5 4.0   Sf: 2372   Yr: 1964  Acres: 0.370

Welcome to your dream lakefront home, perfectly positioned on the peaceful shores of Lake Shafer's Big Monon Bay. This beautifully remodeled 5-bedroom, 4-bathroom residence was completely updated in...

1941 N Eaglehoff Court

3 3.0   Sf: 3460   Yr: 2003  Acres: 0.890

NEW ROOF! This move-in ready custom log home is nestled on .89 wooded acres just minutes from Monticello and Lake Shafer--perfect as a full-time residence, vacation retreat, or second home. With...

Sean Dekker: Lake Shafer Real Estate Agent Info

I've been in Real Estate since 2002 and consistently one of the area's leaders in sales. While I am experienced in all types of Real Estate, I specialize in Residential and Waterfront Property sales. I spend a lot of my time and money to get the job done for all of my clients. Customer satisfaction really is my number one goal; it is just good business. I know if I am good to them, they will be good to me! I also believe in telling my clients what they need to know about their Real Estate, not what they want to hear, so that they can make the right decisions and further benefit from working with me. Hopefully I can help you too!

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