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$1,800,0009238 Treasure Point
For Sale1 days on market

9238 Treasure Point

Indianapolis, Indiana 46236

Admirals Bay

4

Beds

5

Baths

7,369

Sq Ft

1997

Year Built

0.41

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Tucked away on a quiet private six-home street, this exceptional three-level waterfront retreat offers a lifestyle that feels like a permanent getaway while still being just minutes from shopping, dining, entertainment, and everyday conveniences. Surrounded by scenic walking trails and peaceful water views, this beautifully updated home was designed for both relaxation and entertaining. The heart of the home, the stunning fully remodeled kitchen creates the perfect gathering space with beautiful finishes, expansive prep space, and seamless flow into the great room and dining areas. Natural light pours through the home, highlighting the refinished hardwood floors and creating a warm, inviting atmosphere ideal for everything from quiet mornings overlooking the water to hosting holidays and waterfront dinners with family and friends. The thoughtfully designed layout offers incredible flexibility across all three levels with multiple rooms that can easily serve as guest suites, fitness areas, media rooms, playrooms, or creative spaces. A private office provides the perfect work-from-home retreat, while the middle-level wet bar adds another layer of effortless entertaining and relaxed waterfront living. Finished lower level expands the home even further, creating the ultimate space for movie nights, game-day gatherings, overnight guests, or simply unwinding after a day on the water. Every level was designed to maximize comfort, functionality, and connection. Step outside to enjoy the upgraded deck overlooking the water, covered entertaining space below, relaxing hot tub, & private boat lift just steps away making sunset cruises and lake days part of everyday life. Thoughtfully updated throughout with extensive improvements including the 2024 kitchen remodel, finished lower level, roof, tankless water heater, smart home features, refinished hardwoods, updated lighting, & more, this home blends modern comfort with timeless waterfront living in one truly special setting

Listed by Julie Preston· F.C. Tucker Company· MLS# 22099421

Key things to know

  • Spa / hot tub
  • 3 fireplaces
  • Finished basement (1,931 sqft)
  • 3-car garage
  • Admirals Bay subdivision

Monthly payment

Estimate · $1,800,000

$10,533/mo

$9,580 principal & interest · $906 tax · $46 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $360,000 on a loan of $1,440,000.

Price history

  1. Listedat $1,800,000

    May 11, 2026

Sold
6
Median price
$495,000
Median DOM
19 days

Comparative value

5 comps in this range

This home is 145% above median for similar nearby sales.

$575K$1.6MMedian $734K
$1.8M

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

Attic AccessBath Sinks Double MainBreakfast BarCeiling VaultedPaddle FanHardwood FloorsPantrySaunaWalk-In Closet(s)

Exterior

Sprinkler System

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $1,800,000Listed· May 11, 2026

1 days on market

Layout

Main
11.19 rooms2,719 sq ft
Basement
32.19 rooms1,931 sq ft finished

Primary suite

Closet Walk in

Primary bath

Sinks Double,Tub Full with Separate Shower,Tub Whirlpool

Schools

MSD Lawrence Township

    Neighborhood

    • Fishers High School4.7 mi
    • Conner Prairie4.7 mi
    • Hamilton Southeastern HS4.8 mi
    • Hamilton Town Center4.9 mi
    • IU Health North Hospital7.5 mi
    • Monon Trail (Carmel)9.8 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    7,369 sq ft

    Year Built

    1997

    Stories

    Multi/Split

    Subdivision

    Admirals Bay

    Bedrooms

    4

    Bathrooms

    3 full, 2 half

    Garage

    3 spaces

    School District

    MSD Lawrence Township

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