4
Bedrooms
All Main Level
3
Bathrooms
2 Full, 1 Half
1968
sqft
0.40
Acres
2
Car Garage
Attached
26 × 46 (1196 sqft)
Property Description
250' of Lake Wawasee Channel Frontage, 19 Boat Slips & Rental Income Potential! Enjoy waterfront living with the added benefit of an established boat-slip rental opportunity! This beautifully remodeled 4-bedroom, 2.5-bath ranch offers convenient access to Lake Wawasee, Indiana's largest natural lake, along with 250' of channel frontage and 19 boat slips, including 17 currently rented and 2 available for personal use. Located on the desirable west side of Lake Wawasee, the property offers an appealing combination of updated living space, boating convenience & income potential. Inside, the spacious single-level floor plan features fresh paint, new luxury vinyl plank flooring, updated trim & abundant natural light. The updated kitchen offers white custom cabinetry, granite countertops, custom tile backsplash & a large corner island with seating. The adjoining dining area & generous living room provide comfortable spaces for gathering and entertaining, with large windows overlooking the channel. The primary suite features a walk-in closet & updated private bath with custom walk-in shower and new vanity. Three additional bedrooms provide flexibility for family, guests or a home office, while the updated guest bath includes a dual vanity & new tub/shower combination. A dedicated laundry room is located near the entry. One of the property's standout features is the oversized attached garage, offering exceptional space for vehicles, lake toys, storage or a workshop, plus a convenient half bath. Outside, enjoy the spacious lawn, waterfront fire pit, extensive pier space & easy boating access to Lake Wawasee. With 17 boat slips currently rented, the property offers an established income opportunity that may help offset ownership expenses while allowing you to enjoy your own waterfront retreat. Whether you're looking for a year-round residence, weekend lake home or waterfront investment, this property offers an attractive combination of comfortable living, boating access & rental income potential. Lake Wawasee living with room for your boats and income potential from 19 boat slips!
Directions
Turn left on E Rainbow Ln. Turn right on N Treasure Island Rd. The destination is on your left.
Amenities
1st Bdrm En Suite, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Garage Utilities
Sale Includes
Dishwasher, Washer, Dryer-Electric, Water Softener-Owned
Map to 11696 N Treasure Island Drive, Cromwell, IN 46732
Property
| MLS # |
202644107 |
| Date Listed |
2026-10-24 |
| Status |
Active |
| Property Type |
Residential |
| Property SubType |
Site-Built Home |
| Square Feet |
1968 sqft |
| New Construction |
No |
| Style |
One Story |
| Type |
Site-Built Home |
| Bedrooms |
4 |
| Bathrooms |
3
(2 Full, 1 Half)
|
| Annual Taxes |
$6,311.53 |
| Year Taxes Payable |
2026 |
| Year Built |
1969 |
| Virtual Tour |
propertypanorama.com »
|
| Days on Market |
1 |
Additional
| Cooling |
Central Air |
| Heating |
Electric, Forced Air |
| Garage |
Attached |
| Main Level Laundry |
Yes |
Room Dimensions
| Living Room |
24 × 15 |
Main Level |
| Dining Room |
11 × 15 |
Main Level |
| Kitchen |
15 × 15 |
Main Level |
| Master Bedroom |
12 × 14 |
Main Level |
| 2nd Bedroom |
12 × 11 |
Main Level |
| 3rd Bedroom |
12 × 15 |
Main Level |
| 4th Bedroom |
10 × 15 |
Main Level |
Bathroom Locations
| Full Baths |
2 Main |
| Half Baths |
1 Main |
External Features
| Construction |
Site-Built Home |
| Exterior |
Shingle,Vinyl |
| Lot Size |
17,424 sq ft |
| Acreage |
0.40 Acres
|
| Lot Dimensions |
86 x 200 |
| Sewer |
Public |
| Water |
Well |
| Fence |
None |
Location
| Area |
Kosciusko County |
| Location |
Lake |
| County |
Kosciusko |
| Subdivision |
Enchanted Hills |
| Township |
Turkey Creek |
| City |
Cromwell |
| State |
IN |
| Zip |
46732 |
Schools
| School District |
Wawasee |
| Elementary |
Syracuse |
| Middle School |
Wawasee |
| High School |
Wawasee |
Financial
| Financing Terms |
Cash, Conventional |
| Assoc. Dues |
$125.00 Annually |
MLS# 202644107
Listing Provided Courtesy of Angela Racolta
Encore Sotheby's International Realty
Cell: 317-750-1600
Listing updated October 24, 2026 at 7:15 pm
Last checked 2 minutes ago
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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