A remarkable opportunity to own a three-bedroom residence in one of downtown Carmel's most sought-after boutique developments, The Magnolia. Never occupied and beautifully staged to showcase its sophisticated design, this nearly 1,900-square-foot home offers refined, low-maintenance living just steps from everything downtown Carmel has to offer. Thoughtfully designed with incredible attention to detail, the open-concept interior features stunning finishes, quartz countertops, high-end appliances and sleek, seamless modern cabinetry. A separate wet bar with beverage refrigerator and ice maker creates the perfect space for entertaining. Expansive sliding doors open the main living area to a screened outdoor living space, seamlessly blending indoors and out, and extending the home's entertaining space. Electronic blinds throughout add both convenience and a polished finishing touch. Magnolia is an intimate, five-residence building, offering the privacy and exclusivity rarely found in downtown living. This residence includes a private two-car garage, secure building entrance, additional private storage space, and a peaceful outdoor setting. With three bedrooms, exceptional finishes and an unbeatable location in the heart of Carmel, this is a truly unique opportunity to enjoy luxury, privacy and walkable downtown living-all in a residence that has never been lived in.
Carmel City Center, located between Rangeline Road and the Monon Greenway, is a mixed-use and walkable Carmel neighborhood with a performing-arts district and a plaza-style streetscape. The neighborhood’s character concentrates around the Rangeline Road and City Center Drive corridor, where patios, galleries, and polished storefronts line the sidewalks. The Center for the Performing Arts anchors the calendar with concerts and touring shows. The Palladium at the Center for the Performing Arts sets a formal tone with limestone architecture and a grand entry sequence. Mid-rise condos and offices frame pocket greens and public art, while the Monon provides a linear route for biking and strolling.
Provided by Walk Score and Local Logic
Market insights
728 N Pawnee Rd Ste 200 · $1,100,000
DAYS ON MARKET
28 days
The average home goes pending in 28 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$1,100,000
Median sale price in this area is $318,121. (71% lower than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
High ceilings
Kitchen island
Eat-in kitchen
Pantry
Smart thermostat
Supplemental storage
Walk-in closet(s)
Stained/painted woodwork
Bedrooms
Three bedrooms on the main level
Primary bedroom with walk-in closet
Bathrooms
Three full bathrooms
Primary bath with double sinks, full shower stall and suite layout
Kitchen
Gas cooktop
Double oven
Convection oven
Range hood
Microwave
Dishwasher
Disposal
Refrigerator
Bar fridge
Ice maker
Wine cooler
ENERGY STAR qualified appliances
Tankless water heater
Laundry & utility
In-unit laundry with washer and dryer connections
Laundry sink
Water softener (owned)
Heating & cooling
Natural gas forced-air heating (high efficiency 90%+ AFUE)
Electric heating components
Central air conditioning
Exterior features
No fence
Low-maintenance landscaping / lifestyle
Home design
Residential condominium
Horizontal condo with private entry
Upper-level entry
Attached property
One level
Parking
Attached finished garage with storage
2-car garage
Garage door opener
Keyless entry
Construction
Brick and stone construction
Slab foundation
New construction
Utilities
Public water
Municipal sewer connected
Electricity connected
Natural gas connected
Cable available
Sewer connected
Water connected
Solid waste service available
HOA & community
Homeowners association with monthly fee
Monthly association fee of $634
HOA governed by covenants & restrictions
1 common wall
Other
Mandatory fee ownership interest
Low-maintenance community
Electricity and solar
View estimated energy costs and solar savings for this home