Along the banks of Geist Reservoir in northeast Indianapolis is some of the most spectacular and sought-after real estate in all of Central Indiana. Spanning the Marion County, Hamilton County and Hancock County borders, Geist waterfront homes are found in the cities of Fishers, McCordsville, and Lawrence. Geist real estate includes the Hamilton Southeastern, Mount Vernon, and Lawrence Township school districts.
Homes in the Geist area range from multi-million dollar mansions with incredible water views and multiple boat docks, to more modest, but equally beautiful, homes within walking distance to the shops and restaurants at Geist Marina. Bella Vita Ristorante on Geist is a favorite summer dining and entertainment destination. Elegant indoor and outdoor dining areas overlooking the waters of Geist, dock-side service, and an outdoor lounge and a summer beach bar give patrons a carefree, vacation vibe year-round. Just across the bridge is the Indianapolis Yacht Club, where water enthusiasts can take sailing lessons or host a fabulous social event in the club’s castle-like setting.
Geist residents benefit from the best of two worlds: a waterfront lifestyle that feels a lot like permanent vacation, as well as easy access to shopping, restaurants, museums, professional sporting events, and all that the Indianapolis area has to offer.
Popular Geist neighborhoods include Masthead, Bridgewater, Springs of Cambridge and Tamenend, Feather Cove, and Admirals Bay. Of the 142 homes currently for sale in these neighborhoods, the median list price is $491,450. High list price is $3,740,000 for an 11,000+ stunner on a private island with 9 bedrooms, 8 bathrooms, 5 fireplaces, a pool, and a boat house in the Hamilton Southeastern school district. Low list price is $174,900 for a possible short sale with 3 bedrooms, 2 baths, 2623 square feet, and a finished walkout basement in the Lawrence Township school district.
If you’ve ever dreamed of buying a Geist waterfront home, the time is now. The Geist real estate market has suffered the same setbacks as other markets throughout the country, and there are good deals to be found on these beautiful Indianapolis properties.
Geist Reservoir was constructed in 1943 as a convenient location for Indianapolis residents to build vacation homes. Today, the real estate around the reservoir tends to be permanent homes for many commuters who work in Indianapolis and Hamilton County. Geist homes can be found in Fishers, McCordsville, and Indianpolis. The recreational lifestyle of living on this beautiful lake, combined with the close conveniences of Indianapolis, make this area of Central Indiana a popular place for luxury homes as well as more modest Indianapolis real estate.