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$950,0008548 N Observatory Lane
For Sale3 days on market

8548 N Observatory Lane

Martinsville, Indiana 46151

No Subdivision

3

Beds

2

Baths

3,778

Sq Ft

1950

Year Built

23.61

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Tucked away down a private lane behind the renowned Link Observatory, this extraordinary log home rests atop a secluded 23-acre hilltop retreat. What began as a humble cabin has been lovingly expanded over decades by the owner, using timber harvested right from the land itself-making this home truly one of a kind. Step inside to find rich hardwood floors and handcrafted details at every turn. Each room reveals its own personality, from the cozy nooks to the sun-drenched solarium that fills the home with warmth and natural light. The spacious kitchen showcases Amish-made cabinetry, dual sinks, and abundant counter space-ideal for meal prep, entertaining, or gathering with friends and family. At the heart of the home lies the stunning great room-an entertainer's dream-featuring soaring vaulted ceilings, a dramatic wood-burning fireplace, and a custom-built bar perfect for gatherings. Three additional freestanding wood stoves add both warmth and rustic charm throughout the home. The main-level primary suite offers a peaceful retreat with an ensuite bath, a generous walk-in closet connecting to a private office or secondary bedroom, and direct access to the outside. Outside, the magic continues. Multiple decks and a screened porch invite you to take in the surrounding natural beauty from every angle. Several outbuildings provide plenty of space for equipment, ATVs, or hobbies, while several trails wind through your private wooded paradise. The elevated setting offers breathtaking views that rival any mountain cabin-panoramic fall foliage, spectacular sunsets, and even distant fireworks on clear nights. Here, you'll experience nature at your doorstep without sacrificing modern comfort. A property of this caliber is rarely available. This is more than a home-it's a legacy, built by hand and meant to be che

Listed by Michelle Chandler· Keller Williams Indy Metro S· MLS# 22098461

Key things to know

  • 23 acres with private driveway behind link observatory
  • Hand-built log construction using timber from the land
  • Vaulted ceilings, wood-burning fireplace, and three wood stoves
  • Amish-made cabinetry and primary suite on main level
  • Multiple outbuildings, trails, and panoramic hilltop views

Monthly payment

Estimate · $950,000

$5,216/mo

$5,056 principal & interest · $160 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $190,000 on a loan of $760,000.

Price history

  1. Listedat $950,000

    Apr 28, 2026

Comparative value

5 comps in this range

This home is 175% above median for similar nearby sales.

$185K$475KMedian $345K
$950K

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

High CeilingsCeiling VaultedKitchen IslandPaddle FanHardwood FloorsHi-Speed Internet AvailblEat-in KitchenPantryWalk-In Closet(s)Wet BarWood Work Stained

Exterior

Barn MiniBarn PoleStorageBasketball CourtFire Pit

Climate

Heat: Forced AirHeat: PropaneCool: Central Air

THE FACTS

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

Price history

  • $950,000Listed· Apr 28, 2026

3 days on market

Layout

Main
128 rooms3,149 sq ft
Upper
23 rooms629 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Suite

Schools

MSD Martinsville Schools

    Neighborhood

    • Downtown Indianapolis19.6 mi
    • Zionsville Community HS29.3 mi
    • Carmel Central Park31.2 mi
    • Monon Trail (Carmel)31.7 mi
    • Carmel High School32.3 mi
    • Carmel Arts & Design District32.9 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    3,778 sq ft

    Year Built

    1950

    Stories

    One and One Half

    Subdivision

    No Subdivision

    Bedrooms

    3

    Bathrooms

    2 full

    Garage

    2 spaces

    School District

    MSD Martinsville Schools

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