OPEN SUN, 1PM TO 3PM

For sale

$700,000

Est. $4,608/mo —

•

1,968

sq ft

11696 N Treasure Island Dr, Cromwell, IN 46732

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!

Single-familyProperty Type

1969Year Built

0.4 acresLot Size

$356Price/Sq.Ft.

$10/moHOA Dues

2 car garageParking

Listed by Angela Racolta • Encore Sotheby's International Realty

Listed by Molly Slone • Encore Sotheby's International Realty

Contact: Cell: 317-750-1600

Listing updated: Oct 24, 2026 at 04:19pm

Redfin checked: a few seconds ago

•Source:IRMLS #202644107

Payment calculator

$4,608 per month

Principal and interest$3,868

Property taxes

HOA dues

Home insurance

Utilities

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Open houses

Sunday, Oct 25

1:00pm - 3:00pm

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Around this home

Schools

K - 12
Preschool & daycare

Syracuse Elementary School

Public K-5 • Assigned • 4.8mi

5/10

Wawasee Middle School

Public 6-8 • Assigned • 2.4mi

6/10

Wawasee High School

Public 9-12 • Assigned • 4.4mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

11696 N Treasure Island Dr · $700,000

DAYS ON MARKET

The average home goes pending in 44 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $303,373. (57% lower than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Walk-in closet
Entrance foyer
Open floor plan

Bathrooms
2 full bathrooms
1 half bathroom
3 main-level bathrooms

Laundry & utility
Washer
Dryer
Electric dryer hookup
Main-level laundry
Owned water softener

Flooring
Vinyl flooring

Heating & cooling
Electric forced-air heating
Central air conditioning

Sale and tax history for 11696 N Treasure Island Dr

Sale History
Tax History

Date

Event

Price

IRMLS #202644107

Oct 24, 2026

Listed

$700,000

$356/sq ft

IRMLS #549708

Jul 30, 2014

Sold

$157,000

$80/sq ft

Apr 1, 2013

Listed

$157,000

$80/sq ft

PROPERTY TO BE AUCTIONED JULY 5TH 12 NOON - BE THERE TO BID AND BE THE NEW OWNER OF THIS PROPERTY - 250' of Wawasee Channel front with a 3 bedroom 2 bath home. Lots of upgrades since including furnace and A/C, windows and siding, seawall and sidewalk, , gas "on demand" water heater, and roof. Garage includes a large area for a workshop or storage. Low maintenance inside and out. A quick ride to the lake from this charming home gives you the quiet of the channel with the big lake to enjoy. Lots of room for boats, jetskis, etc. or rent space for extra income. OPEN HOUSES ON JUNE 21, 12 TO 1:30 AND JUNE 29TH 12 TO 1:30 OR CALL YOUR LOCAL REALTOR TO SHOW.

Year

Property tax

Land + Additions

Assessment*

2024

$2,821 (+2.2%)

$129,900 + $189,800

$319,700

2023

$2,759 (+13.2%)

$124,700 + $182,100

$306,800

2022

$2,437 (+22.6%)

$111,800 + $154,500

$266,300

2021

$1,988 (+17.0%)

$94,600 + $120,500

$215,100

2020

$1,699 (−13.4%)

$90,300 + $110,200

$200,500

2019

$1,961 (+8.5%)

$90,300 + $115,300

$205,600

2018

$1,807 (+5.6%)

$90,300 + $108,100

$198,400

2017

$1,712 (+14.6%)

$83,900 + $100,100

$184,000

2016

$1,493 (−4.3%)

$83,900 + $100,100

$184,000

2015

$1,560 (+95.0%)

$83,900 + $95,400

$179,300

2013

$800

$81,700 + $93,600

$175,300

Public record

Beds

Baths

Stories

Lot width

86 ft.

Lot depth

200 ft.

Lot size

0.39 Acres

Year renovated

1969

Finished Sq. Ft.

1,968

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,968

Year built

1969

Style

Single Family Residential

County

Kosciusko County

APN

430413404747000025

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 13, 2026.

Climate risks

6/10 Flood Factor

Estimated 71-79% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Cromwell, IN • 46732

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Cromwell. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.8 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 11696 N Treasure Island Dr

$699,329

$671 under list price of $700K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $279K to $974K.

SOLD SEP 11, 2026
$580,000 Last sold price
3 beds1.5 baths1,456 sq ft
8250 E Debra Dr, Syracuse, IN 46567
$42/sq ft
smaller lot
9 years older
SOLD JUL 22, 2026
$700,000 Last sold price
3 beds3 baths2,069 sq ft
10954 N 500 E, Syracuse, IN 46567
$18/sq ft
larger lot
42 years newer
SOLD AUG 13, 2026
$359,900 Last sold price
3 beds1 bath2,067 sq ft
11132 W 200 N, Cromwell, IN 46732
$182/sq ft
larger lot
69 years older
SOLD JUN 26, 2026
$974,000 Last sold price
3 beds2.5 baths1,872 sq ft
10387 N Leeland Ln, Syracuse, IN 46567
$164/sq ft
smaller lot
52 years newer
SOLD JUN 5, 2026
$825,000 Last sold price
3 beds3 baths2,016 sq ft
10327 N Leeland Ln, Syracuse, IN 46567
$53/sq ft
smaller lot
32 years newer
SOLD JUL 24, 2026
$279,000 Last sold price
3 beds2 baths1,872 sq ft
3110 N State Road 5 Hwy, Cromwell, IN 46732
$207/sq ft
larger lot
9 years older

Rental earnings

Est. $2,840 per month, based on comparable rentals

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New listings for sale in 46732

OPEN SUN, 1PM TO 3PM

$700,000

4 beds2.5 baths1,968 sq ft

11696 N Treasure Island Dr, Cromwell, IN 46732

Details provided by IRMLS and may not match the public record. Learn more.

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