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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Fishers, Indiana and the rest of Hamilton County. Book a private tour of 395 Breakwater Dr in Breakwater, ask any question about this home, or talk through what you should know about buying in Fishers.

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ABOUT THIS HOME

Experience the pinnacle of waterfront living at this modern estate in the exclusive gated community of Breakwater on Geist Reservoir. Set on over 1.5 acres of pristine, landscaped grounds, this stunning retreat offers panoramic lake views, private dock access, and a lifestyle defined by luxury, comfort, and intentional design. Thoughtfully curated by acclaimed designer Linda Mordoh of Savvy Decor, the interiors blend warm sophistication with modern elegance. The heart of the home is the showstopping kitchen, featuring custom Nathan Allan cabinetry, striking black finishes, radiant quartz countertops, and brushed gold accents-a space designed for both culinary creativity and gathering. With six spacious bedrooms, each with its own en-suite bath, this home offers unmatched comfort and privacy. The primary suite is a true sanctuary, boasting a spa-like bath with dual rain showers, steam system, soaking tub, DTV digital controls, and a dream-worthy walk-in closet. The lower level is fully integrated with Control4 Smart Home technology and offers flexible space for a custom bar, home theater, or entertainment area-perfect for everything from quiet nights to lively gatherings. Step outside to your private dock, where mornings begin with coffee on the water and evenings end with sunset views and a glass of wine. Whether hosting unforgettable events or enjoying peaceful solitude, this property offers a seamless blend of everyday comfort and extraordinary moments. Breakwater is more than a neighborhood-it's a lifestyle. A secure, prestigious enclave where luxury, design, and community come together.

Listed by Denis O'Brien· Keller Williams Indy Metro S· MLS# 22027702
SoldSold in 142 days

$2,850,000

$3,300,000

6Beds
6.1Baths
9,525Sq Ft

Experience the pinnacle of waterfront living at this modern estate in the exclusive gated community of Breakwater on Geist Reservoir. Set on over 1.5 acres of pristine, landscaped grounds, this stunning retreat offers panoramic lake views, private dock access, and a lifestyle defined by luxury, comf...

Listed by Denis O'Brien· Keller Williams Indy Metro S· MLS# MBR22027702

10,389

Sq Ft

1999

Year Built

1.59

Acres

$2,390,500

Assessed Value

6

Bedrooms

Key things to know

  • Sold 23% below list in 142 days
  • 3 fireplaces
  • Finished basement (3,509 sqft)
  • 4-car garage
  • 1.59-acre lot

Sold

$2,550,000

-$750,000 below list (-22.7%)

Closed
Oct 9, 2025
Listed at
$3,300,000
Sold
7 months ago
Sold in
142 days

Price history

  1. Sold$2,550,000

    Oct 9, 2025

  2. Price reduced$3,099,000 → $2,850,000

    Jun 23, 2025

  3. Listedat $3,300,000

    Apr 2, 2025

Comparative value

5 comps in this range

This home is 86% above median for similar nearby sales.

$995K$1.4MMedian $1.4M
$2.5M
Sheldon Barnes

Sheldon Barnes

Real Estate Agent · Carmel Realty LLC

License No. RB21000235

FEATURES & AMENITIES

Interior

Attic AccessCathedral Ceiling(s)High CeilingsVaulted Ceiling(s)Kitchen IslandEntrance FoyerPaddle FanHardwood FloorsHi-Speed Internet AvailblPantrySmart ThermostatWired for SoundWalk-In Closet(s)Wood Work Painted

Exterior

BalconySmart Light(s)Smart Lock(s)

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $3,300,000Listed· Apr 2, 2025

  • $2,850,000Reduced

    $450,000 (13.6% off original)

142 days on market

Layout

Main
11.17 rooms3,731 sq ft
Upper
335 rooms2,285 sq ft
Basement
225 rooms3,509 sq ft finished

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double,Tub Garden

Schools

Hamilton Southeastern Schools

  • High

    Hamilton Southeastern HS

    3.4 mi

Neighborhood

  • Hamilton Town Center3.3 mi
  • Hamilton Southeastern HS3.4 mi
  • Conner Prairie4.0 mi
  • Fishers High School4.1 mi
  • IU Health North Hospital7.3 mi
  • Monon Trail (Carmel)9.8 mi

PROPERTY DETAILS

Living Area

10,389 sq ft

Year Built

1999

Stories

Two

Lot Size

1.59 acres

Subdivision

Breakwater

Bedrooms

6

Bathrooms

6 full, 1 half

Garage

4 spaces

School District

Hamilton Southeastern Schools

TAX ASSESSMENT

Hamilton County assessed values for current year

Total Assessed Value

$2,390,500

Land Value

$652,600

Land$652,600

27% of total

Improvement Value

$1,737,900

Improvements$1,737,900

73% of total

Annual tax · 2023
$37,130

PARCEL & LEGAL

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