7338 Oakbay Drive
Noblesville, IN 46062
$1,895,000
Open Houses
Welcome to a beautifully refreshed and meticulously maintained 5-bedroom, 4.5-bath lakefront home in the desirable Oakbay neighborhood of Noblesville. Set along a private drive with a three-car garage, this exceptional residence offers expansive water views, thoughtfully updated spaces, and an unparalleled setting for enjoying lake living. The refreshed eat-in kitchen is designed to take full advantage of the views, featuring a breakfast bar, center island, beverage center, and abundant sightlines to the water. The heart of the home is the impressive family room with vaulted ceilings, fireplace, and a wall of windows overlooking the lake. Upstairs, the serene primary suite continues the water-view experience with a bedroom overlooking the lake and a gas fireplace positioned between the bedroom and the beautifully updated ensuite bath. Three additional upstairs bedrooms provide convenient access to full baths, offering comfort and privacy for family and guests. The finished lower level expands the home's living and entertaining possibilities with a fifth bedroom/office, full bath, large recreation room with fireplace, and a new custom wet bar. Walk directly from the lower level to the deck and lake, making it easy to transition from indoor entertaining to your favorite water activities. A dedicated storage room provides an ideal place for water toys and lake equipment. Enjoy a new custom dock with two covered slips plus a dedicated jet ski dock. Whether you're heading out for a day on the water, relaxing lakeside, or entertaining ...
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Listing Courtesy of: Carpenter, REALTORS®
mjaensson@callcarpenter.com
Agent licensed in IN
| Listing Id: | 22126529 |
|---|---|
| List Price: | $1,895,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 4 |
| Bathrooms Half: | 1 |
| Living Area: | 5,824 |
| Association Fee: | $165 |
| Semi Annual Property Tax Amt: | $6,373 |
| Lot Size Acres: | 0.3 |
| Architectural Style: | Traditional |
| Waterfront?: | Yes |
| City: | Noblesville |
| County Or Parish: | Hamilton |
| Subdivision Name: | Oakbay |
| Postal Code: | 46062 |
| Year Built: | 1995 |
| Appliances: | Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Double Oven, Refrigerator, Bar Fridge, Tankless Water Heater |
| Association Fee Frequency: | Annually |
| Association Fee Includes: | Entrance Common, Maintenance, Management |
| Basement: | Yes |
| Basement: | Daylight, Egress Window(s), Exterior Entry, Finished, Finished Walls, Interior Entry, Storage Space, Walk-Out Access |
| Association Amenities: | Maintenance, Management |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Assessor |
| High School District: | Noblesville Schools |
| Building Area Total: | 5,824 |
| Construction Materials: | Brick, Cement Siding |
| MLS Area Major: | Noblesville |
| Cooling: | Central Air, Dual |
| Current Financing: | Conventional, FHA, VA |
| Directions: | GPS Friendly |
| Elementary School: | Hinkle Creek Elementary School |
| Exterior Features: | Sprinkler System |
| Fireplace Features: | Basement, Bedroom, Family Room |
| Fireplaces Total: | 3 |
| Foundation Details: | Concrete Perimeter |
| Garage Spaces: | 3 |
| Garage?: | Yes |
| Heating: | Dual, Forced Air, Gas |
| High School: | Noblesville High School |
| Interior Features: | Attic Access, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Sauna, Walk-In Closet(s) |
| Levels: | Two |
| Accessibility Features YN: | No |
| Acres: | 1/4-1/2 Acre |
| Affectedby Disclosures: | No |
| Association Phone: | 317-292-8582 |
| Bedrooms MU: | 4 |
| Beds MU: | 4 |
| Electric: | 200+ Amp Service |
| Parking Total: | 3 |
| Laundry Features: | Common Laundry, Main Level, Sink |
| Lot Features: | Storm Sewer, Mature Trees |
| DPRYN: | No |
| Eating Area: | Breakfast Room, Dining Combo/Kitchen, Formal Dining Room |
| Main Level Bedrooms: | 0 |
| Full Baths Basement: | 1 |
| Full Baths Main: | 0 |
| Full Baths MU: | 3 |
| Full Baths Upper: | 3 |
| Garage Sq Ft: | 897 |
| Half Baths Main: | 1 |
| Half Baths MU: | 1 |
| Main Level Sq Ft: | 2,040 |
| Management Company Name: | Trent Management |
| Parking Features: | Attached |
| Ownership Interest Types: | Mandatory Fee |
| Price Acre: | 6316667 |
| Rooms MU: | 9 |
| Rooms Total MU: | 9 |
| Solid Waste: | No |
| Sq Ft MU: | 3784 |
| Tax Exemption: | Homestead Tax Exemption |
| Trans Type: | Sale |
| Upper Sq Ft: | 1,744 |
| Middle Or Junior School: | Noblesville West Middle School |
| Original List Price: | $1,950,000 |
| Other Equipment: | Sump Pump |
| Parcel Number: | 290614011003000013 |
| Possession: | Closing |
| Postal Code Plus4: | 9424 |
| Rooms Total: | 11 |
| State Or Province: | IN |
| Tax Year: | 2025 |
| Utilities: | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| View: | Lake |
| View?: | Yes |
| Association?: | Yes |
| Below Grade Finished Area: | 2,040 |
| Horse Amenities: | None |
| Full Bathrooms Mu: | 3 |
| Half Bathrooms Mu: | 1 |
| Num Bedrooms Bsmt: | 1 |
| Num Bedrooms Upper: | 4 |
| Percent Optional Level Finished: | 100 |
| Rooms Basement: | 2 |
| Rooms Main: | 5 |
| Rooms Upper: | 4 |
| Utility Prim Sewage Disp: | Municipal Sewer Connected |
| Patio And Porch Features: | Deck |
| Waterfront Features: | Boat Slip, Dock, Lake Privileges, Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront |
| Fence Yn: | No |
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MIBOR Broker Listing Cooperative® data last updated on October 09, 2026 01:51 AM - ET
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Property Last Updated: October 09, 2026 01:51 AM - ET





































































