Lake Waveland real estate is considered a tight inventory market for lake homes and lake lots in Indiana.
Lake Waveland homes for sale have an average list price of $671,000, with many great homes at higher and lower prices.
Sitting in Montgomery County, Indiana, is the picturesque Lake Waveland. This lovely lake is 360 acres in size and is bordered by 248-acre Lake Waveland Park, which gives you over 600 acres of recreational area to explore.
Residents and seasonal vacationers can enjoy being near the Indiana-Illinois state border, which is only 39 miles to the west. Similarly, you can be in the heart of Indianapolis from Lake Waveland in just over an hour.
There are no restrictions for boats on Lake Waveland, so residents and visitors are invited to spend time power boating, water skiing, wakeboarding, jet skiing, sailing, and pontooning on the water. This lake is even ideal for kayaking and canoeing due to its irregularly shaped shoreline.
A vast majority of the lake is left undeveloped, which allows for local wildlife to flourish truly. Several species of birds and waterfowl like to call Lake Waveland their home during many parts of the year. So, don’t forget your binoculars when you are out on the water.
Despite all of the other fun to be had, Lake Waveland is genuinely known for its exceptional fishing opportunities. The lake holds largemouth bass, bluegill, muskie, black crappie, redear sunfish, and channel catfish.
This lake’s extraordinary fishing opportunities come from its excellent structure, with flats, deep banks, and fallen trees along the shoreline. Fishers come from all around to participate in the fishing tournaments that are occasionally held on Lake Waveland.
Lake Waveland Park is a 248-acre swathe of nature that encompasses the entire eastern shoreline. This park provides beautiful scenery for residents, but there are also many recreational opportunities within its borders. Camping, hiking, biking, bird watching, and more can be enjoyed when you visit the park.
Whether you are looking to buy a family home, a full-time retirement residence, or a vacation rental, Lake Waveland is an excellent choice.