Waterfront
Address
1502 Island Boulevard, Lowell, IN
Price
$ 299,000
Property Attributes
- MLS#844296
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityLowell
- AreaLowell
- NeighborhoodUnre Shady Shores Add
- Zip46356
- StyleSingle Family Residence
- Year Built1957
- Taxes$ 1499
- Price$ 299,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1480
- Lot Size0.123 Acres
Data Source:
Northwest Indiana REALTOR® Association (NIRA)
Property Description
KANKAKEE RIVER WATERFRONT RETREAT COMPLETELY REBUILT & TURNKEY! This exceptional 2-bedroom, 2-bath waterfront home has been completely rebuilt by the owners, transforming it into a beautiful and unique riverfront retreat. Currently operating as a high-producing Airbnb while also serving as the owners' private retreat, this property offers the rare opportunity to purchase an established income-producing waterfront home that can also be enjoyed personally. Situated at the end of a quiet street, this 1,480sq/ft home offers direct access to the Kankakee River and is surrounded by more than 30,000 acres of public land, wildlife areas and nature preserves. ALL furniture, appliances, decor, kitchenware, games, televisions and contents are negotiable...Inside, the home features a charming 2-story layout with a full kitchen, dining room, living room, playroom area and full bath on the main level. Upstairs are two spacious bedrooms, each featuring a mezzanine with beautiful river views, plus access to a large balcony and a second full bath. One bedroom offers a king-size bed, while the second includes a queen bed and two twin beds. The home's distinctive retro-inspired design gives it exceptional personality and character...Outdoor living is where this property truly shines. Enjoy your morning coffee overlooking the river, fish from the private dock, gather around the fire pit, relax on the deck or take in the scenery from the expansive upstairs balcony. The Kankakee River provides endless opportunities for kayaking, canoeing, paddleboarding, boating, tubing and fishing, with a rebuilt public boat launch just blocks away. The surrounding area also offers exceptional opportunities for hiking, wildlife watching, fishing and hunting...Additional features include a 9 x 18 storage shed, paved driveway, carport, fireplace, multiple entertaining areas and low taxes. The home is fully furnished and equipped for immediate enjoyment, making this a TRUE TURNKEY WATERFRONT OPPORTUNITY.
| Price History | |
|---|---|
| 8/25/2026 | Listed $299,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Forced Air |
| Utilities | Cable Connected,Natural Gas Connected,Electricity Connected |
| Appliances | Dryer,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave,Gas Range,Dishwasher,Disposal |
| Year Built | 1957 |
| Electric | 100 Amp Service |
| View | Water |
| Township | Cedar Creek |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | River Front |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Unre Shady Shores Add |
| Garage Y/N | No |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | TAKE COUNTY RD300E (WHICH IS ALSO HYWY 55 OR SHELBY RD) TURN WEST ON ISLAND DRIVE (WHICH IS ALSO WESTWOOD DR) FOLLOW TO THE END |
| City | Lowell |
| Lot Size Square Feet | 5358 |
| Listing Terms | Assumable,VA Loan,FHA,Cash |
| Property Attached Y/N | No |
| Tax Annual Amount | 1499 |
| Standard Status | Active |
| Legal Description | UNRE. SHADY SHORES ADD. L.76 PT. S1/2 NW 107.46X50X108X50' S.33 T.32 R.8 .124 A. |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1480 |
| 3/4 Baths | 1 |
| Total Bedrooms | 2 |
| Room Type | Bedroom 2,Primary Bedroom,Living Room,Kitchen,Family Room |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Parking Features | Other |
| Lot Features | Other |
| Water Source | Well |
| Lot Size Acres | 0.123 |
| Lot Size Source | Assessor |
| Waterfront Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46356
Price
Taxes
Year Built
Visits
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Data is updated as of September 15, 2026 5:25 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
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