201 Spectacle Drive Valparaiso IN 46383 (House For Sale) | MLS 202625649
Frequently Asked Questions
Are house prices dropping in Valparaiso?
The house prices in Valparaiso are indeed dropping at the moment. There has been a decrease in price of $210,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Valparaiso at this time?
The housing market and house prices in Valparaiso are going down. The average house price is $479,000.00 and the average price per square feet is $202.20 per square foot. At the moment, there are 371 homes listed - 239 active, 124 pending, and 8 sold in Valparaiso.
What is the most popular place to buy a house in Valparaiso?
The most popular place to buy a home in Valparaiso is 6404 - Porter - Liberty. 6404 - Porter - Liberty has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Valparaiso?
The average amount of property taxes you would have to pay for a home in Valparaiso is $1,665.26. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Valparaiso being sold?
Properties in Valparaiso stay on the market for an average of 40 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Valparaiso?
The last home listed in Valparaiso was 1068 minutes ago.
Can you visit houses in Valparaiso?
Currently, there are 4 open houses available for viewing in Valparaiso.
What is the most expensive house in Valparaiso?
The cost of the most expensive home in Valparaiso is $2,740,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Valparaiso?
The cost of the cheapest home in Valparaiso is $150,000.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Valparaiso?
The oldest home in Valparaiso was built in 1860, and the newest in 2026.
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How big are the homes in Valparaiso?
The average property size in Valparaiso is 3837.95 sq.ft., the largest being 247252 sq.ft., and the smallest being 0 sq.ft.
Additional Details
Property Details
Lot Dimensions:
50x141x12x168
Lot Description:
Slope, Waterfront, 0 2.9999
Total Sq. Ft.:
5, 602
Garage:
Attached
Basement:
Yes
Directions:
From The Corner Of Campbell St. & Spectacle Dr., East On Spectacle Dr., Property On The Left Side Of The Street.
Appliances
Dishwasher, Microwave, Refrigerator, Washer, Dryer Gas, Range Gas, Water Heater Gas, Water Softener Owned, Window Treatment Blinds
Cool
Central Air
Heat
Hot Water
Total Rooms
20 Rooms
Schools
High School:
Valparaiso
Middle School:
Thomas Jefferson
Elementary School:
Thomas Jefferson
Tax and Financial Info
Semi-Annual Property Tax:
$2, 295.8
Tax Year:
2025
Eating Areas
Breakfast Room On Main
Quick View
Address:
201 Spectacle Drive Valparaiso IN 46383
Status:
Active
On Site:
6 Days On Site
Price:
$499, 900
Bedrooms:
7 Beds
Bathrooms:
8 Full Baths, 2 Half Baths
Sq. Feet:
5, 602
Year Built:
1992
Lot Size:
0.21
County:
Porter County
Township:
Center
MLS #:
202625649
Property Type:
Site Built Home
Community Information
City:
Valparaiso
Subdivision:
Description
AUCTION! ONLINE BIDDING NOW OPEN! Here is a rare opportunity to own a private waterfront property offering over 5,600 square feet of living space with 7 bedrooms & 10 bathrooms! The flexible living space is designed for gathering, relaxation, privacy and everyday comfort. Configured as three fully independent living environments, this unique property is ideal for multi-generational living, extended guests, effortless weekend escapes or full-time lake living where vacation memories are made year-round, all within one cohesive residence. "1 hour from downtown Chicago" this 3-story Victorian Lake House retreat home built in 1992 is peacefully tucked just outside the city limits of North Valparaiso, only minutes from the I-80/90 (approximately 4 miles) expressway and the nearby South Shore Line. At the heart of the home is a huge gathering kitchen designed to bring everyone together, complemented by multiple living and entertaining areas ideal for relaxing, gaming, or simply enjoying the magnificent lake views. Embrace the serenity of the wooded setting from dramatic 10-foot, 9-foot, and 8-foot ceilings, combined with four vintage fireplaces that create warmth, character, and architectural charm throughout. The main residence offers 5 bedrooms and 8 bathrooms, with each bedroom featuring its own private en-suite bath for exceptional comfort and privacy. A convenient ¾ bath located near the beach entrance provides the perfect space to rinse off after swimming, boating, or enjoying the lake. In addition to the expansive main residence, the property includes two attached private in-law apartments, each with separate exterior entrances and private deck access. Both spacious, well-appointed apartments include a bedroom with walk-in closet, full bath, kitchen, pantry, and living area—ideal for guests, extended family, or flexible living arrangements. Lifestyle features include two laundry rooms, an exterior-accessed workshop and large private office ideal for remote work or creative pursuits.
Source: IRMLS as distributed by MLS GRID, MLS ID: 202625649
Listing provided courtesy of Jay Robert Mayden 219-776-2879 with Kraft Real Estate Auctions LLC
Last Updated: 7/3/2026 | 2:49 PM
Home Details
Status: Active
Price: $499,900
Address: 201 Spectacle Drive, Valparaiso, IN 46383
AUCTION! ONLINE BIDDING NOW OPEN! Here is a rare opportunity to own a private waterfront property offering over 5,600 square feet of living space with 7 bedrooms & 10 bathrooms! The flexible living space is designed for gathering, relaxation, privacy and everyday comfort. Configured as three fully independent living environments, this un...
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Source: IRMLS as distributed by MLS GRID, MLS ID: 202625649
Listing provided courtesy of Jay Robert Mayden 219-776-2879 with Kraft Real Estate Auctions LLC
Northside Valparaiso showcases a calm and peaceful atmosphere with several inviting public green spaces, including the well-situated Lakewood Park, offering easy access to nearby natural areas. The community primarily features spacious single detached homes, largely built around 1983, with many offering three or more bedrooms that provide ample room. Although public transit options exist through multiple bus lines, personal vehicles serve as a particularly convenient choice for getting around, complemented by readily available parking. Though the cycling network has room to grow, the hilly terrain adds a unique element to outdoor exploration. Local restaurants provide pleasant dining possibilities, enhancing the neighborhood’s welcoming environment.
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