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About this home
The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined. The all-brick Geist Reservoir estate is nestled in a private, beautifully landscaped setting, Welcome to the 6-bedroom, 6-bathroom luxury sanctuary delivers panoramic water and pool views from almost every vantage point. The main level maximizes the sweeping waterfront backdrop, offering sophisticated spaces with brand-new premium waterproof luxury vinyl flooring across all levels. Features include a primary suite with water views and a convenient second main-floor bedroom with a newly updated full bath. The beautifully appointed kitchen was updated in 2024 with elevated quartz, a built-in coffee bar, a Sub-Zero fridge, and premium Wolf induction appliances. Custom cast-iron railings lead upstairs, while the walk-out lower level serves as an entertainer's dream with a second Quartz clad wet bar including double drawer dishwashers with Long bar counter. Don't miss the Amazing free standing Wine cage! Multiple fireplaces feature new marble surrounds and stone hearths. Major updates include a new HVAC (2023) and a tankless water heater. Step outside into a private oasis: lounge by the heated inground pool and sun deck, or mix drinks at the covered outdoor bar with a wet sink. Your private boat dock is just steps away for instant access to open-water cruising and watersports. Irrigation and an electric fence are in place. Don't miss this incredible price improvement!
Single-familyProperty Type
1991Year Built
0.7 acresLot Size
$303Price/Sq.Ft.
$35/moHOA Dues
3 car garageParking
Listed by Deborah Minth• United Real Estate Indpls
Check out Aerial Tour! Boating/Fishing/Watersports from your Home! Stunning Geist Waterfront Residence Offering Panoramic Pool & Water Views. Nestled in a Gorgeous Private Setting, this Home "Has it All". The Ultimate Vacation Living & Entertaining Experience Await Your Family & Guests. You will be Amazed by the "Unlimited Distinctive Master Craftsman Updates" that are reflected throughout the Residence. Gorgeous Waterfront, Amazing Landscape & Pool Views Exist. The 2 Story Great Room, Hearth Room, Fabulous Gourmet Chef's Kitchen & the Finished Walk-Out Lower Lvl that Offers an Amazing "Cheers Bar"/Media area, Billiards Room, Screened Sun Room & the Outdoor Gazebo Entertainment/Grilling/Seating Areas are Fantastic!
MIBOR as Distributed by MLS Grid #21134741
Sep 17, 2012
Listing Removed
—
Sep 14, 2012
Sold
$785,000
$113/sq ft
Jul 29, 2011
Listed
$825,000
$119/sq ft
+19
Geist Lakefront Home on oversize .7 Acre point lot located in a protected area w/views to the main body. First time on market, this all brick beauty has been nicely updated by original owners. Open plan w/2-story entry & great rm. 15' cathedral ceilings in main lvl master, Raised clgs in other areas. Updated Kit w/Granite Tops all Stainless Appliances. Walk-out w/wet bar, family rm 2nd fireplace & theater area. 18X36 diving pool w/slide. Boat dock w/lift. Lush landscaping. Cul-de-sac location.
Year
Property tax
Land + Additions
Assessment*
2025
$17,913 (+5.3%)
$293,700 + $1,351,600
$1,645,300
2024
$17,017 (+25.3%)
$293,700 + $1,210,600
$1,504,300
2023
$13,576 (+10.7%)
$293,700 + $1,210,600
$1,504,300
2022
$12,266 (+2.8%)
$293,700 + $884,600
$1,178,300
2021
$11,932 (+2.6%)
$293,700 + $706,700
$1,000,400
2020
$11,627 (+11.1%)
$293,700 + $706,700
$1,000,400
2019
$10,462 (−0.5%)
$293,700 + $669,500
$963,200
2018
$10,512 (+19.4%)
$293,700 + $706,700
$1,000,400
2017
$8,808 (−0.7%)
$293,700 + $544,100
$837,800
2016
$8,871 (+1.4%)
$293,700 + $544,100
$837,800
2015
$8,748 (+3.9%)
$293,700 + $551,700
$845,400
2014
$8,418 (−0.1%)
$293,700 + $550,200
$843,900
2013
$8,428
$293,700 + $520,700
$814,400
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.7 Acres
Year renovated
2017
Finished Sq. Ft.
6,835
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,835
Year built
1991
Style
Single Family Residential
County
Marion County
APN
490115125002000400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
DP
METRO
Planned Unit Development
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
Dec 8, 2023 • Final
Electrical - 1-2 family
Remove and replace an electrical service panel.
Electrical
Oct 20, 2023 • Final
Electrical - 1-2 family
Replace a 200 amp electrical panel.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk 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
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46236
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
87
69
81
63
81
56
69
46
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12162 Pearl Bay Rdg
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $535,000 and $1,680,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $535K to $1.7M.