7716 S Patton Rd, Bloomington, IN 47401

Property Description

Discover lakeside living at its finest with Hoosier Lake House! This sprawling ranch-style retreat situated on over five picturesque acres overlooking the sparkling waters of Lake Monroe. Blending timeless character with modern luxury, this home also offers excellent income-producing potential, boasting a proven record as a successful Airbnb and VRBO rental.The main level spans nearly 2,800 square feet and features four bedrooms and two full baths, all conveniently located on one level. Three bedrooms showcase rich hardwood flooring, while the kitchen, dining, and family rooms feature vaulted ceilings and expansive windows framing breathtaking panoramic lake views.The recently renovated kitchen is a chef’s dream, complete with custom cabinetry, quartz countertops, matching stainless-steel appliances, and thoughtful design elements throughout. The adjoining dining and family rooms share a stunning wall of windows and the Kitchen/ Living Room share a double-faced gas fireplace, creating a warm and inviting atmosphere accented by bamboo flooring.Step outside to enjoy over 600 square feet of new decking, wrapping around the back and side of the home—perfect for entertaining or simply soaking in the serene natural surroundings. A separate 12x12 deck offers additional space with two picnic tables ideally positioned for lakeside gatherings.The walkout basement provides an additional 1,000 square feet of flexible living space, including a kitchenette, full bath, and multiple flex rooms ideal for guests, recreation, or storage. It also features a dedicated fitness room equipped for Bikram yoga, with heat capability up to 104°F. Recent updates include: New roof (2025) /several New windows and doors/ Upgraded mechanical room with two electrical panels/ Brand-new water heater (2025)/ Reverse osmosis filtration system/ Fiber-optic high-speed internet. The laundry room can easily be transitioned into a shared laundry/butler’s pantry, offering extra convenience. Select furnishings are negotiable, and the property will be sold as-is with a one-year home warranty provided by the sellers.One of the property’s most extraordinary features is its private boat slip—a 16x26-foot dock located within a well-maintained association. With bylaws in place and a modest $300 annual fee, slips of this caliber are an exceptionally rare find on Lake Monroe.Surrounded by mature trees, natural rock formations, and geode-rich soil, the land is truly a geologist’s playground.