LAKE FRONT ESTATE in Shorewood Forest of Valparaiso Auction for Purchase or Lease Option/Rent Start Price USD 599,000.00 Current Price USD 599,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Monday, October 06, 2008 End Time Wednesday, November 05, 2008 Location Valparaiso, IN See more about 'LAKE FRONT ESTATE in Shorewood Forest of Valparaiso ' Description Okay we just dropped the price huge we went from 712,000 its appraised value to $599,000.  We have to get this house off the books now, and take a hit.  $599,000 is a value that you do not want to pass up.   Where else in the mid-west can you get a house of this caliber for $599,000 on the lake in a neighborhood like Shorewood Forest?  This house is spectacular and needs no work.  Investers, buy it now or make an offer. Gorgeous Lake Front Estate in Shorewood Forest of Valparaiso.  This house has it all with 4,289 square feet, three to five bedrooms, related living, four bathrooms, newer $60,000 dollar kitchen with top line appliances, maple cabinets and granite counters. It has an entertainment room overlooking the lake with a wet bar and cathedral ceilings. Marbel and stone firplaces, surround sound, lighting smart panel, electric fence, private dock on 230 acre, 9.2 miles of Shoreline lake.  It sits in a culdasac in the most desired area of the lake.  It has a walk in cedar closet that is aprox 11 x 9. 2.5 car garage with new doors, newly added three seasons room with Andersen windows, main floor laundry and three livingrooms, diningroom, lots of storage and large lot. But, what sits in the house that makes it a classic peace with old world charm is the bannister and rails from the John Shedd (Aquarium)Mansion in Chicago $$$$$.  This spectacular house is not for sale in the MLS, private sale only.  The master suite has a walk-in closet and private bath and views of the lake.  New flooring throughout the whole house (excluding entertainment room, old wood flooring).  This house is open for viewing by appointment just about anytime.  The house is for sale or rent with make an offer.  This house comes with a  secure warranty deed.  The house is vacant but some furniture can stay with the sale.  Serious buyers only. Will only consider bids with a ernest money deposit.  House was appraised last October for $712,000.  Lake Property in this area has gone up 18% a year since 2001.  Most houses on the lake go for over a million dollars.  45 minutes from Chicago, 10 minutes from Valparaiso Univeristy, 40 mintues from Notre Dame.  Pleasent to show, any questions feel free to ask. The exterior of the house has new roof, new garage doors, new patio door, a lot of new cedar and recently painted.  Can contact seller private.  Owner will consider a contingent offer on lessor valued home of $250,000 or less.  Make an offer to buy or lease purchase. Thank you to the parties that have made email bids through my personal email address, please understand at this time with the auction coming to an end that we can only take bids that are backed up by a pre-approval and a ernest money or security deposit.  This money is refundable if your bid is not accepted.  Though we have a hand full of offers on the table, if we find that they are not qualified to buy the house then we are going to offer to rent it to the first com first serve. 219-531-4648 (Barbara) lindonlake@comcast.net Community:  Shorewood Forest is a Residential area or /suburb of Chicago. Many people that live in Shorewood are professionals, some sports players also.  The lake is a skiing, fishing, cruising lake.  It is a private lake to residence only and is patroled by the community police.  Lake Lousie is voted one of the top fishing lakes in Indiana and right off the pier you can catch 18:-23" bass, crappie, blue gill or cat.  Community tennis courts, beach, club house, swimming pool, baseball field, dog park and etc.  School system is top line. Lake front property is highly desired by the community as everyone wants that lifestyle, specially in NW Indiana or a Chicago Suburb.  Guaranteed that the house will be worth a million dollar when the credit crunch and economy comes back.  Place a Bid!