
Sheldon Barnes
For Sale — 8277 E Lake Shore Drive, Rockville, IN 478728277 E Lake Shore Drive
Rockville, Indiana 47872
Paradise Bay
4
Beds
3
Baths
2,766
Sq Ft
1999
Year Built
2.46
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Rockville, Indiana and the rest of Hamilton County. Book a private tour of 8277 E Lake Shore Drive in Paradise Bay, ask any question about this home, or talk through what you should know about buying in Rockville.
ABOUT THIS HOME
Set on nearly 2.5 wooded acres across two lots in desirable Paradise Bay Estates, this log home offers privacy, space, and convenient access to Raccoon Lake. A private floating dock, located just a short walk from the home, makes boating, fishing, and swimming easy all season long. Originally built as a 2 bedroom, 1 bathroom home, the property was thoughtfully remodeled and expanded in 2022, adding two additional bedrooms, two bathrooms, and a dedicated office. The result is a spacious 4 bedroom, 3 full bathroom home designed for comfortable full-time living or weekend retreats. A finished basement provides flexible space for guests, recreation, or additional living needs, and zoned HVAC helps ensure comfort throughout the home. Major updates provide peace of mind, including a new septic system, new siding on both the home and garage, and a new water softener and finally a brand new roof. (2025) Surrounded by mature trees, the property offers a peaceful wooded setting with ample space for outdoor enjoyment-whether hosting gatherings, relaxing around a firepit, or simply taking in the natural surroundings. Residents of Paradise Bay Estates enjoy over two miles of private roads, ideal for walking, biking, or golf cart use. With acreage, private dock access, and meaningful updates in a well-maintained lake community, this property presents an exceptional opportunity for full-time living or a weekend retreat at Raccoon Lake.
Key things to know
- Private floating dock on Raccoon Lake, short walk from home
- 2.5 acres across two lots in gated community with private roads
- 2022 expansion added 2 bedrooms, 2 bathrooms, dedicated office
- Finished basement, zoned HVAC
- New roof, siding, septic system, water softener (2025)
Browse by room
14 rooms · 97 photos
Monthly payment
Estimate · $595,000
$3,266/mo
≈ $3,167 principal & interest · $37 tax · $63 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $119,000 on a loan of $476,000.
Price history
- Price reduced$615,000 → $595,000
May 1, 2026
- Listedat $675,000
Jan 28, 2026
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Comparative value
5 comps in this range
This home is 116% above median for similar nearby sales.
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.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$675,000Listed· Jan 28, 2026
$595,000Reduced
↓ $80,000 (11.9% off original)
93 days on market
Layout
Primary suite
Balcony,Closet Walk in
Schools
North Central Parke Comm Schl Corp
Elementary
Rockville Elementary School
Middle
Parke Heritage Middle School
High
Parke Heritage High School
Neighborhood
- Zionsville Community HS46.5 mi
- Downtown Indianapolis49.1 mi
- Carmel Central Park51.1 mi
- Clay Terrace52.9 mi
- Monon Trail (Carmel)53.2 mi
- Carmel High School53.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,766 sq ft
Year Built
1999
Stories
One and One Half
Subdivision
Paradise Bay
Bedrooms
4
Bathrooms
3 full
Garage
2 spaces
School District
North Central Parke Comm Schl Corp
