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5 Beds
5 Baths
5,824 sqft

$1,950,000

7338 Oakbay Drive, Noblesville IN, 46062

Price per sqft$334.82
Built in1995
Property size5,824 sqft
Property typeResidential
Courtesy of Carpenter, REALTORS®, Michael Jaensson Listing Contact:

Overview

Active

Listed Sep 17, 2026

Updated 4h ago

Welcome to a beautifully refreshed and meticulously maintained 5-bedroom, 4.5-bath lakefront home in the desirable Oakbay neighborhood of Noblesville. Set along a private drive with a three-car garage, this exceptional residence offers expansive water views, thoughtfully updated spaces, and an unparalleled setting for enjoying lake living. The refreshed eat-in kitchen is designed to take full advantage of the views, featuring a breakfast bar, center island, beverage center, and abundant sightlines to the water. The heart of the home is the impressive family room with vaulted ceilings, fireplace, and a wall of windows overlooking the lake. Upstairs, the serene primary suite continues the water-view experience with a bedroom overlooking the lake and a gas fireplace positioned between the bedroom and the beautifully updated ensuite bath. Three additional upstairs bedrooms provide convenient access to full baths, offering comfort and privacy for family and guests. The finished lower level expands the home's living and entertaining possibilities with a fifth bedroom/office, full bath, large recreation room with fireplace, and a new custom wet bar. Walk directly from the lower level to the deck and lake, making it easy to transition from indoor entertaining to your favorite water activities. A dedicated storage room provides an ideal place for water toys and lake equipment. Enjoy a new custom dock with two covered slips plus a dedicated jet ski dock. Whether you're heading out for a day on the water, relaxing lakeside, or entertaining friends and family, this property embraces the very best of lakefront living. With beautifully updated interiors, exceptional water views, abundant amenities, and meticulous care throughout, this is a home designed for both everyday enjoyment and memorable gatherings. This lakefront retreat offers a rare combination of privacy, recreation, comfort, and timeless appeal. Perfect home. Perfect views. Exceptional lake living.

$12,973/mo

Est. mortgage payment based on a $1,950,000 home price.

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

Additional information

MLS® ID
22126529

Interior Features

Bedrooms
5
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.3 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

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Based on information submitted to the MLS GRID as of 10:26 PM UTC on 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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