1502 Island Boulevard
Lowell, IN, 46356 $ 299,000
Bedrooms2 Baths2.0 Sq 1,480 Monthly Estimate*
$ 1,888
for $299,000 with 2 bedrooms and 2 full baths. This 1,480 square foot home was built in 1957 on a lot size of 0.123.
KANKAKEE RIVER WATERFRONT RETREAT COMPLETELY REBUILT & TURNKEY! This exceptional 2-bedroom, 2-bath waterfront home has been completely rebuilt by the owners, transforming it into a beautiful and unique riverfront retreat. Currently operating as a high-producing Airbnb while also serving as the owners' private retreat, this property offers the rare opportunity to purchase an established income-producing waterfront home that can also be enjoyed personally. Situated at the end of a quiet street, this 1,480 sq/ft home offers direct access to the Kankakee River and is surrounded by more than 30,000 acres of public land, wildlife areas and nature preserves. ALL furniture, appliances, decor, kitchenware, games, televisions and contents INCLUDED...Inside, the home features a charming 2-story layout with a full kitchen, dining room, living room, playroom area and full bath on the main level. Upstairs are two spacious bedrooms, each featuring a mezzanine with beautiful river views, plus access to a large balcony and a second full bath. One bedroom offers a king-size bed, while the second includes a queen bed and two twin beds. The home's distinctive retro-inspired design gives it exceptional personality and character...Outdoor living is where this property truly shines. Enjoy your morning coffee overlooking the river, fish from the private dock, gather around the fire pit, relax on the deck or take in the scenery from the expansive upstairs balcony. The Kankakee River provides endless opportunities for kayaking, canoeing, paddleboarding, boating, tubing and fishing, with a rebuilt public boat launch just blocks away. The surrounding area also offers exceptional opportunities for hiking, wildlife watching, fishing and hunting...Additional features include a 9 x 18 storage shed, paved driveway, carport, fireplace, multiple entertaining areas and low taxes. The home is fully furnished and equipped for immediate enjoyment, making this a TRUE TURNKEY WATERFRONT OPPORTUNITY.
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FeaturesInteriorInterior Amenities Ceiling Fan(s)
Total Fireplaces 1
Fireplace Features Family Room
Fireplace Y/N Y
Above Grade Finished Area 1480
Half Baths 0
3/4 Baths 1
Total Bedrooms 2
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Family Room
Total Baths 2
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GeneralSewer Septic Tank
Heating Central Forced Air
Utilities Cable Connected Natural Gas Connected Electricity Connected
Appliances Dryer Washer Stainless Steel Appliance(s) Refrigerator Microwave Gas Range Dishwasher Disposal
Year Built 1957
Electric 100 Amp Service
View Water
Township Cedar Creek
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features River Front
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Unre Shady Shores Add
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions TAKE COUNTY RD300E (WHICH IS ALSO HYWY 55 OR SHELBY RD) TURN WEST ON ISLAND DRIVE (WHICH IS ALSO WESTWOOD DR) FOLLOW TO THE END
City Lowell
Lot Size Square Feet 5358
Listing Terms Assumable VA Loan FHA Cash
Property Attached Y/N N
Tax Annual Amount 1499
Standard Status Active
Legal Description UNRE. SHADY SHORES ADD. L.76 PT. S1/2 NW 107.46X50X108X50' S.33 T.32 R.8 .124 A.
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ExteriorExterior Amenities Balcony
Parking Features Other
Lot Features Other
Water Source Well
Lot Size Acres 0.123
Lot Size Source Assessor
Waterfront Y/N Y
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* Excluded FeaturesList ByDavid HarkabusListing Agent
Bhhs Executive RealtyBroker
soldbydaveh@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,888
- Monthly Property Taxes
- $125
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Lowell, IN
Average List Price $437,610
Percent of Sale Price 46%
About Lowell, IN 10,127 Population
32% Since 2002
$ 64,749 Median Income
38.17 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $299,000 | | Listed Price |