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Courtesy of Coldwell Banker Real Estate Group, Barbara Hendrick, Cell: 260-833-4698
5 Beds
3 Baths
1,992 sqft

$2,000,000

640 Lane 440 Lake James, Angola IN, 46703

Price per sqft$1,004.02
Built in1900
Property size1,992 sqft
Property typeResidential

Overview

Active

Updated 4 days ago

UNIQUE LAKE JAMES OPPORTUNITY—an exceptional multi-parcel package on one of Indiana’s most sought-after all-sports lakes. Enjoy level lakefront, a sandy beach, a private pier, and an unbeatable location along one of Lake James’ most desirable stretches. You’re also within walking distance to the popular Four Corners area with restaurants, a bait store, and a donut shop. This offering includes two parcels on LN 440 with two remodeled homes and a detached garage, plus two additional parcels on Bay View Rd featuring a 64×30 storage building—a rare setup for lake living, guest space, storage, and parking. Parcel One – Lakefront Home: provides 1,992 sq ft with 5 bedrooms and 2.5 baths. The main level includes the living/dining area, kitchen, two bedrooms, enclosed sun porch, laundry, 1.5 baths, composite deck, and stamped concrete patio—ideal for everyday living and easy entertaining. The upper level offers three bedrooms and a full bath. Guest House: offers 576 sq ft with a kitchen, living/dining area, 2 bedrooms, and a full bath—perfect for extended family, overflow guests, or rental potential. All furniture, furnishings, and appliances from both homes are included. Parcel Two – Garage: A fully insulated, air-conditioned 32×24 three-car garage with walk-up upper-level storage—excellent for vehicles, lake toys, and hobbies. Bay View Rd Parcels: Located at 3825 N Bay View Rd, the 64×30 heated and finished garage on .27 acres provides outstanding storage capacity and additional parking. Great potential for Airbnb and boat storage income. A truly one-of-a-kind Lake James package—multiple parcels, remodeled homes, abundant storage, level lakefront, and a prime location near beloved lake amenities.

$13,306/mo

Est. mortgage payment based on a $2,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202638130

Interior Features

Bedrooms
5
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$8,571
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sandra Ginn shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 9/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 5:09 AM UTC, 9/17/2026

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