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2 Beds
2 Baths
1,056 sqft

$750,000

4078 E Rembrandt Drive, Martinsville IN, 46151

Price per sqft$710.23
Built in1978
Property size1,056 sqft
Property typeResidential
Courtesy of @properties, Jenni Bliss McMillion Listing Contact:

Overview

Active

Listed Oct 13, 2026

Updated 2 days ago

Rarely does an opportunity like this come to market. This unique 3.25-acre BUIDABLE and wooded retreat featuring LAKEFRONT ACCESS WITH 267 FEET OF SHORELINE on Painted Hills Lake offers the perfect blend of move-in-ready comfort and future potential. The property features a fully renovated two-bedroom home boasting new LVP flooring, a new deck, a modern sound system, and updated roof and mechanicals. For the craftsman or car enthusiast, the brand-new three-car carriage house is a standout. It includes a mechanic's pit, one 8-foot garage door, two 6-foot doors, a spacious unfinished upper level ideal for a game room or studio, and a second storage garage.With ample space to build your custom dream home. It has already undergone soil testing (Level 2) and has an additional septic permit is in progress; offers are welcome to be written with a contingency on its approval. Enjoy waterfront living with your own private floating dock on a lake that permits speedboats. While lake levels are currently lowered for routine dam maintenance, they are scheduled to return to normal by spring. Utilities include city water, propane, and septic, all supported by an active and affordable $1,200/year HOA. This is an exceptional chance to secure a versatile property in a sought-after community with excellent Highway 69 access.

$4,990/mo

Est. mortgage payment based on a $750,000 home price.

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

Additional information

MLS® ID
22131026

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3.26 Acres

Other Property Details

Association Fee Frequency
Yearly
Garage
Yes
View
Yes
Waterfront
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® 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 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 4:05 AM UTC on 10/14/2026. 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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