Listing courtesy of Joan Abbott Real Estate · Agt: 765-564-9822
5259 E Willow Court
Monticello, IN 47960Highland Cove
Original price $755,000 · Price reduced on August 30, 2026
- On Lake Shafer
- 2-car garage
- Pool
- Fireplace
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 4,724 sq ft
- Lot
- 0.44 ac
- Year built
- 1988
- Type
- Site-Built Home
- Listed
- February 26, 2026
- MLS #
- 202606031
About this home
**Lake Shafer Retreat – Stunning Waterfront Property!!** This beautifully designed home offers prime access to Main Lake Shafer, making it ideal for relaxing weekends on the water or sitting by the 15 x 38 heated pool. This home features 5/6 spacious bedrooms which provides plenty of room for guests or family members. 3 full baths with the primary being on main level with tiled walk in shower, soaking/jacuzzi tub and oversized walk in closet. The Open-concept kitchen flows into the living space with beautiful built-in cabinetry creating an inviting atmosphere. You will love the two gas fireplaces, original hardwood floors, newly renovated bath off the kitchen, updated flooring and NEW appliances, NEW roof, furnace and AC in 2024. The Large concrete patio offers breathtaking views and outdoor entertaining, Stunning white vinyl privacy fence and steps leading to 125 ft. of water frontage, steel seawall and 2 electric covered boat lifts. Conveniently located near local shopping, dining, and town amenities. Whether you're looking for a vacation retreat, year-round home, or maybe a summer time Airbnb? this property checks all the boxes!
Monthly payment estimate
$4,447/mo
- Principal & interest
- $3,826
- Property taxes
- $417
- Homeowners insurance
- $204
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2024 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
- Two
- Total rooms
- 9
- Total area
- 4,724 sq ft
- Finished area above grade
- 4,724 sq ft
- Bedrooms above grade
- 5
- Full baths, main level
- 2
- Full baths, upper level
- 1
- Basement
- Crawl Space
- Flooring
- Hardwood, Carpet
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- HVAC
- Ceiling Fan, High Efficiency Furnace
- Fireplaces
- 2
- Fireplace features
- Family Room, Living/Great Rm, Gas Log
- Appliances
- Disposal
- Laundry
- Main Level
- Interior features
- Hot Tub/Spa, Alarm System-Security, Breakfast Bar, Built-in Features, Built-In Entertainment Ct, Ceiling Fan(s), Walk-In Closet(s), Detector-Smoke, Eat-in Kitchen, Entrance Foyer, Jet Tub, Irrigation System, Open Floorplan, Six Panel Doors, Wiring-Security System, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry
- Doors
- Insulated Door(s)
Exterior & parking
- Style
- Traditional
- Construction
- Cedar, Wood Siding
- Roof
- Asphalt, Shingle
- Foundation
- Block
- Garage spaces
- 2
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 676 sq ft
- Parking
- Garage Door Opener, Concrete
- Private pool
- Yes
- Pool
- Below Ground
- Fencing
- Privacy, Vinyl
- Other structures
- Outbuilding
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Lake Shafer
- Waterfront features
- Pier/Dock, Deeded
- Water access
- Lakefront
- Lake type
- Access to Ski Lake
- Water frontage
- 125 ft
- Water feature
- Lake
Lot
- Subdivision
- Highland Cove
- Lot features
- Landscaped, Cul-De-Sac, Sloped, Waterfront, Water View, Waterfront-Medium Bank
- Lot size (acres)
- 0.44 ac
- Lot dimensions
- .44
- Location type
- Lake,Rural Subdivision
- County
- White County
- Township
- Union
- Platted
- Yes
- Planned unit development
- No
- Directions
- Go North of West Shafer Drive, Take a right into Highland Cove veer right at the T go to end of road, home on the left side
Schools
- Elementary school
- Twin Lakes
- Middle school
- Twin Lakes
- High school
- Twin Lakes
- School district
- Twin Lakes School Corp.
Taxes & terms
- Annual taxes
- $5,007
- Tax year
- 2024
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA
- Possession
- day of closing
- Parcel number
- 91-73-16-000-009.600-020
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Boat Lift-Covered,Boat Lift-Temporary,Cooktop-Gas,Dryer-Electric,Laundry-Stacked W/D,Oven-Double,Pool Equipment,Trash Compactor,Water Heater Gas,Water Softener-Owned,Window Treatment-Blinds
Utilities
- Water
- Well
- Well
- Private
- Sewer
- Regional
- Utilities
- Cable Available
- Gas provider
- NIPSCO
Income & commercial
- Gas meters
- 14
Location
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