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$1,950,000   Price Analysis
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87 E Long Lake Rd
Valparaiso, IN 46383
6 bed 7 bath 5,976 SqFt ($326/SqFt)
1.65 acre lot. Built 1910
Listed 2024-07-08, Taxes $4,865
Ⓧ USDA Ineligible
due to price & location

near Valparaiso

Welcome to what was once known as the historical Long Lake Hotel.

This 6 bedroom, 6 1/2 bath unique estate property d ates back to the Prohibition Era when it was a 10-room hotel accessed by a hand-pulled ferry across Long Lake to bring guests to the (then) island resort. Today this enchanted property has been fully updated with new electrical, plumbing, HVAC and high-end finishes. The pine floors have been restored to original condition. The under-house garage has been converted into a bunk house that sleeps 10. The wrap-around, all windows 3-season porch has been converted to a 600 square foot year-round dining/living spce. The incredible lake view includes 150+ feet of beachfront and a dock for your pontoon boat to fully enjoy 65 acre Long Lake and adjacent Canada Lake. There are two master suites with completely redesigned bathrooms and walk-in closets. One master suite includes a steam shower and pedestal tub. The guest suite is designed to accommodate a full kitchen and stackable washer/dryer. Professionally designed gardens and lush landscape also include multiple seating areas, hot tub and a new 750 square foot brick paver patio and pergola for group entertaining. Lake-drawn irrigation supports daily watering to maintain sculptured gardens. Koi pond with waterfall, chicken coop and honey bees round out this magical property.This residential property is uniquely zoned commercial from its days as a hotel. With sleeping space to accommodate 20+ and driveway parking for 18 cars, this property is well suited to become an Airbnb and event venue rental. A wedding event for 125 guests was recently hosted here!

Truly a one of a kind historic property that is rarely available on the real estate market. This property is being sold as is.


Presented by Susie Jaskowiak at
@properties.
Listing Agent Photo

Property MLS #806513 from NIRA

Bedrooms: 6
Bedroom 2 Dimensions: 20.0 x 15.0
Bedroom 3 Dimensions: 25.0 x 14.0
Bedroom 4 Dimensions: 10.0 x 8.0
Bedroom 5 Dimensions: 20.0 x 15.0
Bedroom 6 Dimensions: 37.0 x 15.0
Bedroom 2 Sqft: 300
Bedroom 3 Sqft: 350
Bedroom 4 Sqft: 80
Bedroom 5 Sqft: 300
Bedroom 6 Sqft: 555

Total Rooms: 12
Bedroom 2, Utility Room, Other Room, Primary Bedroom, Living Room, Office, Kitchen, Laundry, Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 3
Other: 50.0 x 12.0
Other: 12
Other: 50
Other Sqft: 600
Primary Bedroom: 15.0 x 15.0
Primary Bedroom: 15
Primary Bedroom: 15
Primary Bedroom Sqft: 225
Laundry: 15.0 x 15.0
Laundry: 15
Laundry: 15
Laundry Sqft: 225
Utility Room: 18.0 x 6.0
Utility Room: 6
Utility Room: 18
Utility Room Sqft: 108
Basement Features: Bath/Stubbed, Walk-Out Access, Walk-Up Access, Storage Space, Sump Pump, Daylight, Interior Entry, Full, Finished, Exterior Entry
Living Room Dimensions: 35.0 x 27.0
Office/Study Room Dimensions: 20.0 x 15.0
Living Room Sqft: 945
Office/Study Room Sqft: 300

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1

Attic Stairway
Whirlpool Tub
Walk-In Closet(s)
Smart Thermostat
Primary Downstairs
Natural Woodwork
Pantry
In-Law Floorplan
Kitchen Island
Beamed Ceilings
Entrance Foyer
Eat-in Kitchen
Country Kitchen
Chandelier
Ceiling Fan(s)
Bidet
Window Features: Double Pane Windows, Window Treatments, Drapes

Dishwasher
Refrigerator
Water Softener Owned
Water Purifier Owned
Washer
Stainless Steel Appliance(s)
Microwave
Humidifier
Gas Range
Gas Water Heater
Dryer
Freezer
Exhaust Fan
Disposal
Laundry Features: Gas Dryer Hookup, Washer Hookup, Sink, Multiple Locations, Laundry Room, In Basement

Fireplace Features: Glass Doors, Wood Burning, Living Room, Great Room
Heating Features: Ductless, Natural Gas, Forced Air, Fireplace(s), ENERGY STAR Qualified Equipment
Number of Fireplaces: 1

Kitchen Dimensions: 25.0 x 15.0
Kitchen Sqft: 375

Water Body Name: Long Lake
Beach Access
Waterfront
Pond
Lake Privileges
Lake Front
Lake
Beach Front

Balcony
Private Yard
Storage
Smart Lock(s)
Smart Irrigation
Smart Camera(s)/Recording
Rain Gutters
Lighting
Boat Slip
Garden
Fire Pit
Dock
Deck
Patio
Rear Porch
Glass Enclosed
Front Porch
Fencing: Back Yard, Wood, Wrought Iron, Perimeter, Front Yard, Gate, Chain Link
Patio And Porch Features: Deck, Patio, Rear Porch, Glass Enclosed, Front Porch
Road Surface Type: Asphalt

Lot Size Acres: 1.65
Lot Size Dimensions: Irregular
Lot Size Square Feet: 71874

Garage Spaces: 3

View: Beach, Lake, Water, Trees/Woods, Pond, Panoramic, Garden

Association Fee Frequency: Annual
Calculated Total Monthly Association Fees: 0

High School: Chesterton High School
High School District: Duneland School Corporation
School District: Duneland School Corporation

Jackson Elementary School is a public elementary school located approximately 4 miles away.
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Chesterton Senior High School is a public high school located approximately 4.7 miles away.
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Chesterton Middle School is a public middle school located approximately 6.1 miles away.
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Montessori Academy of Valparaiso is a private elementary school located approximately 2.2 miles away.
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Annual Tax Amount: 5634.920000000
Source Listing Status: Active
County: Porter
Directions: Calumet Ave, West on Edgewater Beach Rd to N County Road 90 East (East Long Lake Rd)
Tax Year: 2023
Source Property Type: Residential
Township: Liberty
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$306,300 + $52,900
$359,200
$4,865
2021$283,200 + $52,900
$336,100
$4,377
2020$272,700 + $43,500
$316,200
$4,272
2019$235,700 + $43,500
$279,200
$3,905
2018$223,000 + $43,500
$266,500
$3,681
2017$198,200 + $52,300
$250,500
$2,362
2017$228,800 + $43,500
$272,300
$2,362
2016$190,000 + $50,100
$240,100
$4,104
2015$185,400 + $49,000
$234,400
$3,995
2013$174,700 + $50,100
$224,800
$3,873
2012$180,400 + $51,900
$232,300
$4,046
2011$176,000 + $100,100
$276,100
$4,047
2010$170,800 + $97,200
$268,000
$3,832
2006$164,400 + $50,700
$215,100
$3,235
2006$170,800 + $97,200
$268,000
$3,235

Listed 2024-07-08
$1,950,000
NIRA
Sold 2018-08-30
$625,000
Public Record

Total Square Feet Living: 5976
Year Built: 1910
Above Grade Finished Area: 4006
Levels: Two
Property Age: 114
Property Condition: Updated/Remodeled
House Style: Traditional
Total Area Sqft: 5976
Architectural Style: Traditional

Electric: 200+ Amp Service, Separate Meters, Circuit Breakers, 220 Volts in Workshop, 220 Volts in Garage, 220 Volts For Spa
Sewer: Septic Tank
Cable Connected
Water Connected
Natural Gas Connected
Electricity Connected
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.