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$595,0008277 E Lake Shore Drive
For Sale93 days on market

8277 E Lake Shore Drive

Rockville, Indiana 47872

Paradise Bay

$595,000

$675,000

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4

Beds

3

Baths

2,766

Sq Ft

1999

Year Built

2.46

Acres

Sheldon Barnes, Carmel Realtor

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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.

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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.

Listed by Jennifer Dings· Hoosier Roots Real Estate Solutions, LLC· MLS# 22081551

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

  1. Price reduced$615,000 → $595,000

    May 1, 2026

  2. Listedat $675,000

    Jan 28, 2026

Comparative value

5 comps in this range

This home is 116% above median for similar nearby sales.

$115K$918KMedian $275K
$595K

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

Cathedral Ceiling(s)

Exterior

Balcony

Climate

Heat: Forced AirHeat: PropaneCool: Central Air

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

Main
225 rooms1,115 sq ft
Upper
214 rooms911 sq ft
Basement
2 rooms740 sq ft finished

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

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