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$3,250,000720 S Rangeline Road
For Sale149 days on market

720 S Rangeline Rd, Unit 606

Carmel, Indiana 46032

Carmel City Center

3

Beds

4

Baths

3,765

Sq Ft

2010

Year Built

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally above it all in this extraordinary downtown Carmel penthouse. As the city's highest private residence, it offers sweeping, uninterrupted views that stretch for miles - a rare blend of privacy, prestige, and modern elegance. Designed for both dramatic entertaining and serene everyday living, this residence is a showcase of architectural innovation and impeccable craftsmanship. The main living space impresses with soaring 23-foot ceilings and walls of glass that flood the home with natural light, while a sleek, fully equipped bar with dual Azur refrigerators and a wine cooler elevates every gathering. For the ultimate at-home entertainment, the Dolby theater provides a true cinematic experience with a retractable 9-foot screen, acoustic wall treatments, and automated blackout shades. Culinary enthusiasts will delight in the chef's kitchen, featuring professional-grade gourmet appliances, a sprawling island accommodating over 25 guests, and a seamless layout perfect for intimate meals or grand soirees. The primary suite is a private retreat, complete with a floating California king bed, skylight, keypad entry, and a heated outdoor lounge with integrated sound. The spa-like ensuite offers a steam shower, three-person infrared sauna with chromotherapy, and a luxurious walk-in closet. Each secondary bedroom comes with its own kitchenette, beverage station, microwave, and integrated Sonos audio system, while a flex suite with a Murphy bed and Tonal Smart Gym provides versatile living options. The custom bunk room offers an ideal space for guests or teens. Step outside to a remarkable 2,000-square-foot rooftop terrace featuring 360-degree skyline views, three fire pits, a swim spa and jacuzzi, outdoor heating, and a full kitchen with dual grills - a spectacular backdrop for entertaining at any level.

Listed by Craig Kaiser· Coldwell Banker - Kaiser· MLS# 22072662

Key things to know

  • Penthouse with sweeping citywide views
  • 23-foot vaulted ceilings with walls of glass
  • Dolby atmos theater with retractable screen
  • Spa ensuite with steam shower and infrared sauna
  • 2,000-sq-ft rooftop terrace with swim spa and outdoor kitchen

Browse by room

16 rooms · 123 photos

Monthly payment

Estimate · $3,250,000

$19,478/mo

$17,298 principal & interest · $1,180 tax · $1,000 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $650,000 on a loan of $2,600,000.

Price history

  1. Price reduced$3,600,000 → $3,250,000

    Apr 17, 2026

  2. Listedat $3,600,000

    Dec 1, 2025

Comparative value

5 comps in this range

This home is 480% above median for similar nearby sales.

$490K$815KMedian $560K
$3.3M

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

AI-curated highlights

INSIDE THIS HOME

FEATURES & AMENITIES

Interior

Bath Sinks Double MainCeiling VaultedKitchen IslandCentral VacuumElevatorHardwood FloorsEat-in KitchenSmart ThermostatSaunaSupplemental StorageWired for SoundWalk-In Closet(s)Wet Bar

Exterior

BalconyGas GrillOutdoor Kitchen

Climate

Heat: ElectricHeat: Forced AirCool: Central Air

AI-detected from photos

Vibe:contemporarynew constructionPool

THE FACTS

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

Price history

  • $3,600,000Listed· Dec 1, 2025

  • $3,250,000Reduced

    $350,000 (9.7% off original)

149 days on market

Layout

Main
33.19 rooms3,765 sq ft

Primary suite

Balcony,Closet Walk in,Deck

Primary bath

Shower Stall Full,Sinks Double,Suite

Schools

Carmel Clay Schools

  • High

    Carmel High School

    0.5 mi

Neighborhood

  • Carmel High School0.5 mi
  • Carmel Arts & Design District0.8 mi
  • Monon Trail (Carmel)0.9 mi
  • Clay Terrace1.5 mi
  • Carmel Central Park1.8 mi
  • IU Health North Hospital3.0 mi

PROPERTY DETAILS

Combined data from the listing and Hamilton County records

Living Area

3,765 sq ft

Year Built

2010

Stories

One

Subdivision

Carmel City Center

Bedrooms

3

Bathrooms

3 full, 1 half

Garage

4 spaces

School District

Carmel Clay Schools

TAX ASSESSMENT

Hamilton County assessed values for current year

Total Assessed Value

$1,121,300

Land Value

$225,000

Land$225,000

20% of total

Improvement Value

$896,300

Improvements$896,300

80% of total

Annual tax · 2024
$14,156

PARCEL & LEGAL

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