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New Construction Homes for Sale in Monticello, IN

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  • /15

    $125,000 Lot/Land

    6613 E Palmers Dr, Monticello, IN 47960

    • 2.27 Acres
    • $55,066 per Acre

    2.27 Acres of Beautiful Wooded Land! Perfect for: Your Dream Home, A Motorhome Setup, A Weekend Getaway Retreat Well Available, Regional Sewer, Electric, Internet Privacy. Peace. Possibility. A rare opportunity to own your own slice of nature and make it exactly what you want it to be. Call today to walk the property and start planning your future!

    Agent Photo

    Terri Phegley

    Cornerstone Real Estate Agency

    (574) 505-4241

    6613 E Palmers Dr, Monticello, IN 47960
  • /7

    $42,000 Lot/Land

    TBD Indiana 119, Monticello, IN 47960

    • 18,251 Sq Ft
    • $100,239 per Acre

    Three parcels of land, totaling 0.419 acres. The property includes both a well and a septic system. Septic System: status unknown. Well: Equipped with a pump. Water is drawn using a generator for non-consumption purposes. To walk the property, please schedule your visit through Showing Time/ Your Real Estate Agent, because the seller may have his dogs on the property.

    Pamela Simons Koppelmann Real Estate

    TBD Indiana 119, Monticello, IN 47960
  • /3

    $17,900 Lot/Land

    2913 E 225 N, Monticello, IN 47960

    • 39,639 Sq Ft
    • $19,670 per Acre

    Take advantage of this opportunity to own nearly an acre ?with a peaceful, prairie-style view out your back door. An 8" drain tile is already installed along the rear of the property to support proper drainage. Looking for more space? Purchase two adjacent lots together—nearly two acres—for just $30,000. See the plat for building setbacks and the drainage easement, and note that a soil analysis

    Christine Thayer REAL ESTATE NETWORK L.L.C

    2913 E 225 N, Monticello, IN 47960
  • /10

    $74,999 Lot/Land

    2146 Deepwater (Lot 36) Loop Unit 36, Monticello, IN 47960

    • 14,810 Sq Ft
    • $220,585 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2146 Deepwater (Lot 36) Loop Unit 36, Monticello, IN 47960
  • /10

    $74,999 Lot/Land

    2002 Loop Unit 25, Monticello, IN 47960

    • 14,810 Sq Ft
    • $220,585 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2002 Loop Unit 25, Monticello, IN 47960
  • /8

    $65,000 Lot/Land

    0 S Airport Rd Unit 202611351, Monticello, IN 47960

    • 1.64 Acres
    • $39,707 per Acre

    Hidden amongst the seclusion of Airport Rd sits this 1.64 acres of vacant land zoned residential. Thick trees and a small creek run along the east edge of the property line adding to the privacy. Located moments from Lake Freeman and White County Airport. See it to determine your best use today!

    Cody Miller Raeco Realty

    0 S Airport Rd Unit 202611351, Monticello, IN 47960
  • /10

    $94,999 Lot/Land

    2074 Deepwater (Lot 30) Loop Unit 30, Monticello, IN 47960

    • 21,780 Sq Ft
    • $189,998 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2074 Deepwater (Lot 30) Loop Unit 30, Monticello, IN 47960
  • /10

    $59,900 Lot/Land

    2134 Loop Unit 35, Monticello, IN 47960

    • 10,890 Sq Ft
    • $239,600 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2134 Loop Unit 35, Monticello, IN 47960
  • /4

    $17,900 Lot/Land

    2801 E 225 N, Monticello, IN 47960

    • 39,639 Sq Ft
    • $19,670 per Acre

    Enjoy the opportunity to own nearly an acre with a peaceful, prairie-style view out your back door. An 8" drain tile is already installed along the rear of the property to accommodate drainage. Looking for more space? Up to three adjacent lots are available—offering close to three acres total. Pricing is attractive: $17,900 for one lot, $30,000 for two, or $44,000 for all three. Refer to the plat

    Christine Thayer REAL ESTATE NETWORK L.L.C

    2801 E 225 N, Monticello, IN 47960
  • /10

    $59,900 Lot/Land

    2014 Deepwater (Lot 26) Loop Unit 26, Monticello, IN 47960

    • 10,890 Sq Ft
    • $239,600 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2014 Deepwater (Lot 26) Loop Unit 26, Monticello, IN 47960
  • /10

    $69,999 Lot/Land

    2031 Deepwater (Lot 19) Loop Unit 19, Monticello, IN 47960

    • 12,196 Sq Ft
    • $249,996 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2031 Deepwater (Lot 19) Loop Unit 19, Monticello, IN 47960
  • /5

    $70,000 Lot/Land

    0 Foxwood (Lot 2) Ct, Monticello, IN 47960

    • 37,461 Sq Ft
    • $81,395 per Acre

    Excellent commercial development opportunity in Monticello! CORNER LOT. This B-2 zoned lot is part of a larger 2.32-acre offering consisting of three total lots, allowing for a wide range of potential uses including retail, office, service-based businesses, and possible multi-family development. Located just off high-traffic W Fisher Street, this property offers strong visibility and easy access,

    Bart Hickman REAL ESTATE NETWORK L.L.C

    0 Foxwood (Lot 2) Ct, Monticello, IN 47960
  • /10

    $69,999 Lot/Land

    2133 Loop Unit 2, Monticello, IN 47960

    • 13,503 Sq Ft
    • $225,803 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2133 Loop Unit 2, Monticello, IN 47960
  • /10

    $239,999 Lot/Land

    2073 Deepwater (Lot 12) Loop Unit 12, Monticello, IN 47960

    • 14,374 Sq Ft
    • $727,270 per Acre

    Build Your Dream Home on Lake Shafer at Lakeview Bay. Welcome to Lakeview Bay, Monticello’s premier new community on Lake Shafer. These lakefront lots offer the perfect setting for your custom home or vacation getaway, with stunning water views, direct shoreline access, & all the peace & recreation lake life offers. Each waterfront lot provides the space to design your ideal retreat & is

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2073 Deepwater (Lot 12) Loop Unit 12, Monticello, IN 47960
  • /5

    $60,000 Lot/Land

    0 Foxwood (Lot 3) Ct, Monticello, IN 47960

    • 18,295 Sq Ft
    • $142,857 per Acre

    Prime investment and development opportunity! This B-2 zoned lot is one of three parcels totaling 2.32 acres, offering flexibility for a variety of commercial uses including retail, office space, service businesses, and potential residential or multi-family applications. Positioned near busy W Fisher Street, this location benefits from high visibility and excellent accessibility. The area

    Bart Hickman REAL ESTATE NETWORK L.L.C

    0 Foxwood (Lot 3) Ct, Monticello, IN 47960
  • /14

    $199,900 Lot/Land

    5051 NW Shafer Dr, Monticello, IN 47960

    • 11,543 Sq Ft
    • $754,340 per Acre

    Lake Shafer Main Lake Lot with 24x48 Pole Barn Built by FBI. 2 total lots. Not many vacant lake lots left to create your dream home. Pole barn has some interior finish.

    Evan Vogel VOGEL REAL ESTATE

    5051 NW Shafer Dr, Monticello, IN 47960
  • /5

    $125,000 Lot/Land

    0 S Sixth St, Monticello, IN 47960

    • 41,904 Sq Ft
    • $129,938 per Acre

    Positioned in one of Monticello’s most desirable commercial corridors, this nearly 1-acre parcel offers outstanding visibility and accessibility in a high-traffic location on Sixth Street. Situated just south of the Best Western Monticello and north of the Indiana BMV Monticello Branch, the property benefits from steady daily traffic and strong surrounding commercial activity. Its proximity to IU

    Bart Hickman REAL ESTATE NETWORK L.L.C

    0 S Sixth St, Monticello, IN 47960
  • /7

    $134,900 Lot/Land

    0 Gordon Rd, Monticello, IN 47960

    • 1.88 Acres
    • $71,947 per Acre

    PRICE REDUCED !! 1.875 acres of prime Commercial land on the south side of Monticello at the Corner of Gordon Road and 6th Street. This property has frontage and visibility on Gordon Road, Visibility from 6th Street. Join a growing area of new businesses. Close proximity to Hospital, schools, Airport, City Parks, factories. New Updated Survey in documents section.

    Gregory Vogel VOGEL REAL ESTATE

    0 Gordon Rd, Monticello, IN 47960
  • /10

    $59,900 Lot/Land

    2110 Deepwater (Lot 33) Loop Unit 33, Monticello, IN 47960

    • 10,890 Sq Ft
    • $239,600 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2110 Deepwater (Lot 33) Loop Unit 33, Monticello, IN 47960
  • /5

    $199,000 Lot/Land

    7801 N Upper Hambridge Dr, Monticello, IN 47960

    • 10,672 Sq Ft
    • $812,245 per Acre

    Looking to build on the lake? Look no further, this beautiful Lake Freeman lot offers 75' of lake frontage and beautiful views. Live the lake life and enjoy all that it has to offer -- ski in the morning, fish in the afternoon and enjoy the summer fireworks over the water. 2 parcels included.

    Amy Junius-Humbaugh F.C. Tucker/Shook

    7801 N Upper Hambridge Dr, Monticello, IN 47960
  • /10

    $239,999 Lot/Land

    2067 Deepwater (Lot 13) Loop Unit 13, Monticello, IN 47960

    • 15,246 Sq Ft
    • $685,711 per Acre

    Build Your Dream Home on Lake Shafer at Lakeview Bay. Welcome to Lakeview Bay, Monticello’s premier new community on Lake Shafer. These lakefront lots offer the perfect setting for your custom home or vacation getaway, with stunning water views, direct shoreline access, & all the peace & recreation lake life offers. Each waterfront lot provides the space to design your ideal retreat & is

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2067 Deepwater (Lot 13) Loop Unit 13, Monticello, IN 47960
  • /5

    $60,000 Lot/Land

    0 Foxwood (Lot 4) Ct, Monticello, IN 47960

    • 30,927 Sq Ft
    • $84,507 per Acre

    Unlock the potential of this B-2 zoned lot in a growing area of Monticello! Part of a three-lot package totaling 2.32 acres, this property offers a wide range of development options including commercial, service, retail, or mixed-use possibilities. Conveniently located just off W Fisher Street, a high-traffic corridor, this site offers excellent exposure and ease of access. Surrounded by both

    Bart Hickman REAL ESTATE NETWORK L.L.C

    0 Foxwood (Lot 4) Ct, Monticello, IN 47960
  • /11

    $59,000 Lot/Land

    0 Golden Hills 50 W Rd Unit 202611350, Monticello, IN 47960

    • 1.2 Acres
    • $49,167 per Acre

    Unique 1.2 acre heavily wooded vacant lot, zoned residential. Accessible via E Brook Ct. Moments from Lake Freeman and the White County Airport. See it to determine your best use!

    Cody Miller Raeco Realty

    0 Golden Hills 50 W Rd Unit 202611350, Monticello, IN 47960
  • /4

    $17,900 Lot/Land

    2829 E 225 N, Monticello, IN 47960

    • 39,639 Sq Ft
    • $19,670 per Acre

    Enjoy the opportunity to own nearly an acre with a peaceful, prairie-style view out your back door. An 8" drain tile is already installed along the rear of the property to accommodate drainage. Looking for more space? Up to three adjacent lots are available—offering close to three acres total. Pricing is attractive: $17,900 for one lot, $30,000 for two, or $44,000 for all three. Refer to the plat

    Christine Thayer REAL ESTATE NETWORK L.L.C

    2829 E 225 N, Monticello, IN 47960
  • /3

    $28,500 Lot/Land

    0 E Parses Rd, Monticello, IN 47960

    • 30,997 Sq Ft
    • $40,051 per Acre

    Spacious lot offering nearly three-quarters of an acre, just across the road from Lake Shafer offering a glimpse of the lake. Enjoy close proximity to Indiana Beach Amusement Park and all the lakes area has to offer, adding to the recreational appeal. Utilities available include NIPSCO gas, REMC electric, and TLRSD sewer. Located within the Twin Lakes School District. Please note: This lot will

    Christine Thayer REAL ESTATE NETWORK L.L.C

    0 E Parses Rd, Monticello, IN 47960
  • /10

    $69,999 Lot/Land

    2037 Deepwater (Lot 18) Loop Unit 18, Monticello, IN 47960

    • 10,454 Sq Ft
    • $291,662 per Acre

    Lakeview Bay–Interior Lots with Water Access on Lake Shafer. Live the lake life without the lakefront price at Lakeview Bay, a peaceful new subdivision in Monticello offering spacious interior lots with shared access to Lake Shafer via a private community dock. Build your dream home in an exciting new neighborhood designed for both full-time living and weekend escapes. Interior Lot Features: •

    Michael Lewis REAL ESTATE NETWORK L.L.C

    2037 Deepwater (Lot 18) Loop Unit 18, Monticello, IN 47960
  • /2

    $75,000 Lot/Land

    0 Foxwood (Lot 1) Ct, Monticello, IN 47960

    • 42,471 Sq Ft
    • $76,923 per Acre

    Prime corner development opportunity in Monticello! This 0.97-acre lot is ideally located at the intersection of W Fisher Street and Foxwood Court, offering excellent visibility and high-traffic exposure along one of the area’s main corridors. Zoned B-2, this property allows for a wide range of commercial uses including retail, office, service-based businesses, and potential mixed-use

    Bart Hickman REAL ESTATE NETWORK L.L.C

    0 Foxwood (Lot 1) Ct, Monticello, IN 47960
  • /33

    $349,900 Lot/Land

    720 W Washington St, Monticello, IN 47960

    • 2.17 Acres
    • $161,393 per Acre

    Rare opportunity to own a truly unique and versatile property in the heart of Monticello—a well-known resort destination featuring two beautiful lakes and the iconic Indiana Beach Amusement Park. Situated on approximately 2 acres with full city utilities (water, sewer, gas, and electric), this impressive 1920s barn offers endless potential for redevelopment or immediate storage use. Originally

    Bart Hickman REAL ESTATE NETWORK L.L.C

    720 W Washington St, Monticello, IN 47960
  • /3

    $17,900 Lot/Land

    2941 E 225 N, Monticello, IN 47960

    • 39,639 Sq Ft
    • $19,670 per Acre

    Take advantage of this opportunity to own nearly an acre with a peaceful, prairie-style view out your back door. An 8" drain tile is already installed along the rear of the property to support proper drainage. Looking for more space? Purchase two adjacent lots together—nearly two acres—for just $30,000. See the plat for building setbacks and the drainage easement, and note that a soil analysis is

    Christine Thayer REAL ESTATE NETWORK L.L.C

    2941 E 225 N, Monticello, IN 47960
  • /4

    $17,900 Lot/Land

    2857 E 225 N, Monticello, IN 47960

    • 39,639 Sq Ft
    • $19,670 per Acre

    Enjoy the opportunity to own nearly an acre with a peaceful, prairie-style view out your back door. An 8" drain tile is already installed along the rear of the property to accommodate drainage. Looking for more space? Up to three adjacent lots are available—offering close to three acres total. Pricing is attractive: $17,900 for one lot, $30,000 for two, or $44,000 for all three. Refer to the plat

    Christine Thayer REAL ESTATE NETWORK L.L.C

    2857 E 225 N, Monticello, IN 47960
  • /25

    $485,000 Lot/Land

    0 N East Shafer Dr, Monticello, IN 47960

    • 9.43 Acres
    • $51,432 per Acre

    Welcome to this rare property on Lake Shafer. This property boasts over 9 acres and 1,200 feet of waterfrontage. Whether you are looking for a place to create a private retreat, build your dream home, or maybe develop, this stunning property has endless possibilities. Recently added to the property is a wood fence located along NE Shafer Drive. Enjoy all that this property has to offer on

    Triva Woodley VOGEL REAL ESTATE

    0 N East Shafer Dr, Monticello, IN 47960

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Monticello, IN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Monticello, IN hold their value?
Yes, especially in fast-growing areas of Monticello, IN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Monticello, IN

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$205,000
Median Townhouse Sale Price
$250,000
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
17
Last 12 months Home Sales
63
Months of Supply
3.20
Median List Price
$219,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
12%
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