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Clearwater Homes for Sale

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  • /49

    $235,000

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,440 Sq Ft

    7601 Newport Bay Dr Unit 308, Indianapolis, IN 46240

    Experience carefree luxury in this charming, gated community in North Indy. This cozy 3rd-floor condo features 2 bedrooms and two full baths. The main living area welcomes you with raised ceilings and flows seamlessly into a bright sunroom. Step out onto your private balcony to enjoy peaceful views of a pond-the perfect backdrop for morning coffee or evening relaxation. Newport Bay prioritizes

    Agent Photo

    Mary Boustani

    Keller Williams Indy Metro NE

    (317) 648-2194

    7601 Newport Bay Dr Unit 308, Indianapolis, IN 46240
  • /34

    $228,000

    $7K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,448 Sq Ft

    7601 Newport Bay Dr Unit 109, Indianapolis, IN 46240

    Freshly painted Main Level Condo, in a gated community, with prime view of the 80-acre lake from both bedrooms, the lovely Sun Room and the outdoor Patio, just in time for the Summer! HOA pays all exterior building maintenance and HOA fee covers community internet/cable, HVAC servicing twice per year, yearly window cleaning and more. The community has an indoor pool, fitness center, billards

    Agent Photo

    Mary Boustani

    Keller Williams Indy Metro NE

    (463) 258-2933

    7601 Newport Bay Dr Unit 109, Indianapolis, IN 46240
  • /48

    $495,000

    $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,572 Sq Ft

    7869 Clearwater Pkwy, Indianapolis, IN 46240

    AMAZING PATIO HOME in the most coveted lakefront community at Keystone at the Crossing - CLEARWATER COVE. Ease into low-maintenance living where the HOA handles exterior maintenance and lawn care. Free-standing patio home is filled with natural light from east-facing windows and large sunroom overlooking a private garden. Updated kitchen with rich wood cabinetry opens to formal dining and

    Catherine Fese F.C. Tucker Company

    7869 Clearwater Pkwy, Indianapolis, IN 46240
  • /25

    $450,000

    • 4 Beds
    • 2.5 Baths
    • 2,165 Sq Ft

    3920 E 71st St, Indianapolis, IN 46220

    Wow! Tons of updates in this stately 4bd 2.5 bath home on over .5 acre private fenced in lot. Great floorplan. High end finishes throughout. Original hardwoods remain through most of home. Recent updates include custom kitchen, cabinets, appliances, tile, quartz, flooring, electric, plumbing, ac, deck, paint inside and out, bathrooms, custom shower, fixtures, and the list goes on and on!

    Garrett Brooks United Real Estate Indpls

    3920 E 71st St, Indianapolis, IN 46220
  • /36

    $465,000

    • 3 Beds
    • 2.5 Baths
    • 2,150 Sq Ft

    8172 River Bay Dr E, Indianapolis, IN 46240

    Completely Updated Low Maintenance Waterfront Oasis W/Dock! Don't miss this desirable "big water" section condo with a picturesque sunset view in serene NE Indy riverfront community of Sandy Point. One of just a few condos here with a waterfront upper & lower deck, allowing you to enjoy the backyard & meticulous landscaping from both levels. The spacious dock has been recently redone & is well

    Stephanie Evelo Keller Williams Indy Metro NE

    8172 River Bay Dr E, Indianapolis, IN 46240
  • /67

    $549,900

    • 3 Beds
    • 2.5 Baths
    • 2,302 Sq Ft

    7884 Clearwater Pkwy, Indianapolis, IN 46240

    Incredible free-standing patio home in coveted Clearwater Cove. Premium lot with BOAT SLIP #902 on beautiful Lake Clearwater offers the best of both worlds - HOA maintained building exterior and lawn care, while still enjoying the privacy and feel of a single family home with no shared walls. Light pours in from fully replaced Pella windows on three sides of the home, highlighting the property's

    Catherine Fese F.C. Tucker Company

    7884 Clearwater Pkwy, Indianapolis, IN 46240
  • /35

    $255,000

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,024 Sq Ft

    7854 Harbour Isle, Indianapolis, IN 46240

    Beautifully updated condo in Harbour Club offering low-maintenance living with lake views and an unbeatable location. Just minutes from Keystone at the Crossing, Broad Ripple, Carmel, Castleton, and a short drive to downtown Indy, you'll enjoy the perfect balance of convenience and relaxation. This move-in ready lakeside retreat has been thoughtfully improved from 2023-2025. The fully renovated

    Joi Clarke Highgarden Real Estate

    7854 Harbour Isle, Indianapolis, IN 46240
  • /39

    $600,000

    • 3 Beds
    • 2 Baths
    • 1,279 Sq Ft

    8103 Clearwater Pkwy, Indianapolis, IN 46240

    Enjoy easy lake living in this beautifully updated 3-bedroom, 2-bath condo in desirable Clearwater Cove. Renovated throughout, this rare one-level floor plan offers bright, open living spaces with gorgeous lake views and access to a private walkout deck. Recent updates include a new electric oven/range, microwave, and refrigerator in 2022, along with brand-new rear window sills and a freshly

    Brian Dougherty CENTURY 21 Scheetz

    8103 Clearwater Pkwy, Indianapolis, IN 46240
  • /43

    $745,000

    • 3 Beds
    • 2.5 Baths
    • 2,484 Sq Ft

    3312 Bay Road South Dr, Indianapolis, IN 46240

    Welcome to Nantucket Bay! This spacious 3-bedroom, 2.5-bath home offers breathtaking water views from nearly every window, showcasing the stunning 50+ acre, spring-fed, tree-lined lake-stocked with over 20 species of fish. The living room with its fireplace is perfect for family movie nights or entertaining guests. Enjoy the sparkling lake right from your living room, complete with sliding glass

    Kara DeArman F.C. Tucker Company

    3312 Bay Road South Dr, Indianapolis, IN 46240
  • /36

    $289,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,460 Sq Ft

    7249 N Tacoma Ave, Indianapolis, IN 46240

    Completely renovated and move-in ready! This rare 4-bedroom, 2-bath home offers stylish updates throughout, energy efficient improvements and sits on a quiet dead-end street with a fully fenced backyard providing privacy while remaining just minutes from Keystone at the Crossing, Broad Ripple, shopping, dining, and major commuter routes. With newer windows, HVAC, water heater, and spray foam

    Andrea Garcia Barahona REMAX ONE

    7249 N Tacoma Ave, Indianapolis, IN 46240
  • /39

    $345,000

    • 3 Beds
    • 2 Baths
    • 1,641 Sq Ft

    3846 Wyandotte Trail, Indianapolis, IN 46240

    Charming Washington Township Gem on a Half-Acre Lot! Nestled on a beautiful lot on a quiet dead-end street, this adorable 3-bedroom, 2-bath home offers the perfect blend of warmth, character, and charm along with many thoughtful updates. Inside you'll find new luxury vinyl plank flooring, an updated primary bath, fresh paint and a welcoming floor plan designed for everyday living. The updated

    Christine Dossman CENTURY 21 Scheetz

    3846 Wyandotte Trail, Indianapolis, IN 46240
  • /31

    $325,000

    • 3 Beds
    • 1.5 Baths
    • 1,508 Sq Ft

    7237 N Parker Ave, Indianapolis, IN 46240

    Spacious ranch, tucked away in a Washington Township neighborhood with no HOA! Be ready to feel right at home. This 3 bedroom, 1.5 bathroom home is as turnkey as you're going to find! All major updates covered in the last few years: HVAC (2026), roof (2022), water heater (2023), water softener (2024) connection to city sewer (2022). Original hardwoods and a large picture window make for an

    Daniel Leeper eXp Realty LLC

    7237 N Parker Ave, Indianapolis, IN 46240
  • /24

    $169,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 890 Sq Ft

    7238 Harbour Isle, Indianapolis, IN 46240

    Lakefront condo with water views, private balcony, fireplace, and walk-in closet in desirable Washington Township! Enjoy peaceful, low-maintenance living in this upper-level 2-bedroom condo overlooking the lake in Harbour Club. With no neighbors above and soaring ceilings in the living room, the open layout feels bright and spacious from the moment you walk in. The living room centers around a

    Glenn Bill eXp Realty, LLC

    7238 Harbour Isle, Indianapolis, IN 46240
  • /42

    $629,000

    $66K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,450 Sq Ft

    7620 Dean Rd, Indianapolis, IN 46240

    Welcome to this stunning property featuring a spacious circular driveway and a charming front porch perfect for relaxing evenings. NO HOA!! Inside, you'll find 4 large bedrooms including a main-floor primary suite with an oversized walk-in closet and spa-like bath. With 2.5 bathrooms, including a large Jack-and-Jill, there's room for everyone. The open-concept layout boasts soaring cathedral

    Amy Gallagher Berkshire Hathaway Home

    7620 Dean Rd, Indianapolis, IN 46240
  • /58

    $1,750,000

    • 3 Beds
    • 2.5 Baths
    • 2,821 Sq Ft

    3777 Bay Road North Dr, Indianapolis, IN 46240

    Set on one of the most desirable lots in Washington Township, this beautifully reimagined lakefront residence offers a rare opportunity to enjoy expansive views of both Lake Clearwater and Nantucket Bay. Positioned on a private peninsula with mature trees and neighboring homes on only one side, the property provides privacy while remaining just minutes from some of Indianapolis' best shopping,

    Timothy Annee F.C. Tucker Company

    3777 Bay Road North Dr, Indianapolis, IN 46240
  • /47

    $230,000

    • 2 Beds
    • 1.5 Baths
    • 970 Sq Ft

    2829 Somerset Bay, Indianapolis, IN 46240

    Welcome to your move-in-ready main level two-bedroom condo. Enjoy boating, fishing, kayaking and the views from your newer deck! This B unit condo has been beautifully updated and freshly painted. The great room features a cathedral ceiling, cozy wood-burning fireplace, and ample windows that let in plenty of natural light. Updated and spacious bathroom off master features a huge closet which

    Courtney Seghetti Court Realty

    2829 Somerset Bay, Indianapolis, IN 46240
  • /33

    $309,900

    $15K PRICE DROP
    • 1 Bed
    • 2.5 Baths
    • 2,027 Sq Ft

    7419 Sylvan Ridge Rd, Indianapolis, IN 46240

    Listed as 1 bed, lives like 2. The finished basement adds a Bonus Room with its own attached full bath and a large closet - perfect guest suite, work-from-home setup, or in-law space. (Without a code-compliant egress window, it is not counted as a legal bedroom - but functions like one.) Tucked into the gated Sylvan Ridge Lakes community in MSD Washington Township, this 2,027 sq ft condo lives

    Carson Calin eXp Realty, LLC

    7419 Sylvan Ridge Rd, Indianapolis, IN 46240
  • /39

    $1,152,000

    $48K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 2,447 Sq Ft

    8002 Dean Rd, Indianapolis, IN 46240

    Priced to make this your own! Breathtaking views abound in this Lake Clearwater gem. IMPECCABLY kept and ready for your personal touches! 25 foot ceilings in the Great Room, Sun room to add to your Summer memories, dock and deck area , owner's suite with panoramic views of the lake and estate homes far into the distance. 2 to 6 inch custom hardwood planks across most all of the home. Den could be

    Greg Cooper Compass Indiana, LLC

    8002 Dean Rd, Indianapolis, IN 46240

Why Live in Clearwater

Clearwater in north Indianapolis is a waterfront neighborhood centered on two man-made lakes and a stretch of the White River. Many homes and condos sit directly on the water, and most have private docks, with HOA communities handling lawn care and snow removal for a low-maintenance lifestyle. On the south side of Clearwater, non-HOA homes sit on larger, wooded lots, where ranches and Colonial Revival houses are common. Clearwater Elementary School sits between the lakes and is part of the highly rated Metropolitan School District of Washington Township. Older students attend Eastwood Middle School and North Central High School; Park Tudor School in nearby Meridian Hills is a highly rated private option. Popular things to do include taking pontoon boats out on the lakes and fishing along the banks. Families participate in long-running youth baseball, softball and soccer programs at the elementary school fields. Nearby destinations such as Riverwood Park, the Monon Trail, Marott Woods Nature Preserve and Broad Ripple Park add more outdoor choices. Shopping and dining are close by, with Walmart Supercenter in the southwest corner of the neighborhood and The Fashion Mall at Keystone Crossing just to the north, featuring high-end stores, chain restaurants and a cinema. Clearwater is about 11 miles from downtown Indianapolis, with a typical drive of around 30 minutes on city streets.

Frequently Asked Questions

Is Clearwater a good place to live?
Clearwater is a good place to live. Clearwater is considered car-dependent and bikeable. Clearwater has 6 parks for recreational activities. It is fairly sparse in population with 3.0 people per acre and a median age of 55. The average household income is $125,138 which is above the national average. College graduates make up 65.2% of residents. A majority of residents in Clearwater are home owners, with 22% of residents renting and 78% of residents owning their home. A local real estate agent serving Clearwater can help you decide if this neighborhood is the right one for you. Learn more on our Clearwater neighborhood guide.
Is Clearwater, IN a safe neighborhood?
Clearwater, IN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Clearwater?
The median home price in Clearwater is $357,450. If you put a 20% down payment of $71,500 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Clearwater. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Clearwater is $125K.
What are the best public schools in Clearwater?
The best public schools that serve Clearwater are:
What are the best private schools in Clearwater?
The best private schools that serve Clearwater are:
  • Park Tudor has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.2.
  • Bishop Chatard High School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.2.
  • Colonial Christian School has an A- Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.
What are the most popular zip codes in Clearwater, Indianapolis, IN?
The most popular zip codes in Clearwater, Indianapolis, IN include 46240, 46268, 46250, 46220 and 46280.
What are the most popular neighborhoods near Clearwater, Indianapolis, IN?
The most popular neighborhoods near Clearwater, Indianapolis, IN are North Central, Allisonville, Glendale, Ravenswood and Nora-Far Northside.

Clearwater Home Prices vs. Nearby Indianapolis, IN Neighborhoods

Clearwater Hill Valley Allisonville Southdale
Median Home Price
$357,450
$289,000
$445,000
$257,450
Median Sale Price
$340,900
+8% YoY
$275,000
$415,699
+5% YoY
$250,000
+1% YoY
Median Single Family Price
$397,000
$285,000
$425,000
$254,450
Median Condo Price
$235,000
$190,000
$408,745
$233,499
Total Active Listings
18
18
23
15
Market Conditions
3 Months
Seller's Market
2 Months
Seller's Market
2 Months
Seller's Market
4 Months
Balanced Market
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