Welcome to your next investment opportunity! This fully functioning Airbnb is just under 3 years old (tax record indicates 2023, construction completed in 2024) and has consistently increased its revenue since welcoming its first guests in spring 2024. Thoughtfully designed to comfortably sleep up to 14 guests, this property features several custom touches and was originally built as a private family retreat. It quickly became apparent that the short-term rental potential was simply too great to pass up. Today, it offers an incredible opportunity for someone looking to step into an established, turn-key vacation rental. The sale includes everything needed to continue operating the Airbnb, including furniture, cookware, dishes, linens, games, smart TVs, guest toiletries remaining at closing, and much more. Simply step in and continue the operation! Situated on 3.88 acres, the property offers plenty of outdoor space, along with an oversized detached two-car garage (perfect for the owner to store items-guests currently do not have access to this) and fire pit-giving guests room to relax, gather, and enjoy the surrounding beauty. A 50-amp electrical hookup is also available, providing convenient power for an RV or electric vehicle. And the location? Perfect for a destination getaway! Guests are just: 1.6 miles from Painter Creek Boat Ramp at Patoka Lake, 6.2 miles from Patoka Lake Winery, Brewery & Distillery, 10.2 miles from French Lick Resort & Casino. With a successful rental history, desirable location, acreage, ample sleeping capacity, and a truly turn-key setup, this property offers an exceptional opportunity to own and operate your own vacation rental. Whether you're looking to expand your investment portfolio or step into the short-term rental business, this one deserves a look!
Active
- Price
- $ 930,000
- City
- French Lick
- Bedrooms
- 6
- Full Bathrooms
- 3
- County
- ORANGE
- Half Bathrooms
- 0
- Area
- Jackson
- Lot Size
- 3.88 Acres
- Zip
- 47432
- Sqr Footage
- 2,608
- Year Built
- 2023
- Taxes
- $ 5838
- Style
- Traditional
- MLS#
- 22122699
Features
General
Interior Features
Exterior Features
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
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Lafayette, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 47432
In The Neighborhood
In The Neighborhood
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7821 W County Road 875 S French Lick, IN is a Single Family Home for sale at $930000 with 2608 sqft and a lot size of 3.88 Acres Acre(s). 7821 W County Road 875 S French Lick has 6 bedrooms, 3 baths and was built in 2023. The property's zip code is 47432 which is in French Lick, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.