Listing courtesy of Encore Sotheby's International Realty · Listing agent: Angela Racolta · Cell: 317-750-1600
11696 N Treasure Island Drive
Cromwell, IN 46732Enchanted Hills
- On Lake Wawasee
- 2-car garage
- Bedrooms
- 4
- Bathrooms
- 2.5
- Living area
- 1,968 sq ft
- Lot
- 0.4 ac
- Year built
- 1969
- Type
- Site-Built Home
- Listed
- October 24, 2026
- MLS #
- 202644107
Open houses
- Sun, Oct 251:00 PM – 3:00 PM
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About this home
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!
Monthly payment estimate
$4,587/mo
- Principal & interest
- $3,847
- Property taxes
- $526
- Homeowners insurance
- $204
- HOA dues
- $10
- Rate: Freddie Mac's 30-year fixed average for the week of October 22, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Total rooms
- 8
- Total area
- 1,968 sq ft
- Finished area above grade
- 1,968 sq ft
- Bedrooms above grade
- 4
- Full baths, main level
- 2
- Half baths, main level
- 1
- Basement
- Crawl Space
- Flooring
- Vinyl
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Laundry
- Electric Dryer Hookup, Main Level
- Interior features
- 1st Bdrm En Suite, Walk-In Closet(s), Countertops-Solid Surf, Detector-Smoke, Entrance Foyer, Open Floorplan, Double Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Garage Utilities
Exterior & parking
- Construction
- Shingle Siding, Vinyl Siding
- Roof
- Shingle
- Garage spaces
- 2
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 1,196 sq ft
- Parking
- Garage Door Opener, Asphalt
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Lake Wawasee
- Waterfront features
- Pier/Dock
- Water access
- Channel Front/Canal
- Lake type
- Access to Ski Lake
- Water frontage
- 250 ft
- Channel / canal frontage
- 250 ft
- Water feature
- Lake
Lot
- Subdivision
- Enchanted Hills
- Lot features
- Landscaped, Corner Lot, Level, 0-2.9999, Lake on Lot, Water View
- Lot size (acres)
- 0.4 ac
- Lot dimensions
- 86 x 200
- Location type
- Lake
- County
- Kosciusko County
- Township
- Turkey Creek
- Platted
- Yes
- Directions
- Turn left on E Rainbow Ln. Turn right on N Treasure Island Rd. The destination is on your left.
Schools
- Elementary school
- Syracuse
- Middle school
- Wawasee
- High school
- Wawasee
- School district
- Wawasee
HOA & community
- HOA fee
- $125
- HOA fee frequency
- Annually
Taxes & terms
- Annual taxes
- $6,312
- Tax year
- 2026
- Listing terms
- Cash, Conventional
- Parcel number
- 43-04-13-404-747.000-025
Included in the sale
- Included in sale
- Dishwasher,Washer,Dryer-Electric,Water Softener-Owned
Utilities
- Water
- Well
- Well
- Private
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 15
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Main | 24 × 15 ft |
| Dining Room | Main | 11 × 15 ft |
| Kitchen | Main | 15 × 15 ft |
| Bedroom 1 | Main | 12 × 14 ft |
| Bedroom 2 | Main | 12 × 11 ft |
| Bedroom 3 | Main | 12 × 15 ft |
| Bedroom 4 | Main | 10 × 15 ft |
| Laundry | Main | 7 × 6 ft |
Location
Schools
School district
Wawasee Community School Corporation
From the district boundary map (NCES)
2,615 students · Graduation rate: 86.7% (Indiana 91.8%)
Confirm the schools for this address with Wawasee Community School CorporationGrades K–5
Syracuse Elementary SchoolPublic · Grades K–5 · 518 students · 4.8 mi away
As listed by the listing agent
- English (ILEARN)
- 38.8% · Indiana 42%
- Math (ILEARN)
- 44.6% · Indiana 42.7%
Grades 6–8
Wawasee Middle SchoolPublic · Grades 6–8 · 611 students · 2.4 mi away
The only school for these grades in Wawasee Community School Corporation
- English (ILEARN)
- 28.3% · Indiana 42%
- Math (ILEARN)
- 26.5% · Indiana 42.7%
Grades 9–12
Wawasee High SchoolPublic · Grades 9–12 · 819 students · 4.4 mi away
The only school for these grades in Wawasee Community School Corporation
- Graduation rate
- 86.7% · Indiana 91.8%
- SAT reading & writing
- 49.3% · Indiana 51.9%
- SAT math
- 14.9% · Indiana 25.6%
Public schools nearby (2)
- West Noble Middle School
Public · Grades 5–8 · 664 students · 4.9 mi away
- West Noble High School
Public · Grades 9–12 · 688 students · 4.9 mi away
Private schools nearby (1)
- Nature Hill School
Private · Christian · Grades K–8 · 55 students · 8 mi away
Figures: enrollment (2025-26 school year), ILEARN (spring 2026), graduation rate (class of 2025), SAT (spring 2026), and private school enrollment (2023-24 school year).
ILEARN: share of students in grades 3–8 proficient on Indiana's state test. SAT: share of 11th graders meeting the college-readiness benchmark. Distances are in a straight line.
Sources: U.S. Department of Education, NCES Common Core of Data; U.S. Department of Education, NCES EDGE school district boundaries; Indiana Department of Education, Data Center & Reports; U.S. Department of Education, NCES Private School Survey.
Indiana Home Match doesn't rate or rank schools. Attendance boundaries change, so confirm with the district before you buy.
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Listing courtesy of Encore Sotheby's International Realty
