Cherry Court, Martinsville, IN 46151

$8,000

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List Price
$8,000
Price Change
▼ $2,000 1784352598
Mandatory Fee
$713
Mandatory Fee Paid
Annually
MLS#
22111371
Property Type
Land
Days on Market
26
Status
ACTIVE

Property Description

Become part of the exclusive Painted Hills Lake Community with this beautiful wooded membership lot located on Cherry Court. This property is a membership-only lot and is not currently considered a buildable homesite. Ownership provides the valuable right to enjoy the private Painted Hills lifestyle while requiring virtually no maintenance. For just $713 per year in HOA dues, payable each May 1, you'll enjoy full access to the community's outstanding amenities, including the 150-acre Lake Holiday, 46-acre Lake Nebo, private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, dog park, playground, kayak launch, fishing docks, swimming docks, and year-round community events. Whether you're looking for an affordable way to enjoy lake life, secure your place in this highly sought-after private community, or invest for the future, this property offers exceptional value. While this lot is not currently buildable, buyers may wish to explore its future potential should adjoining properties become available. Any future development, building rights, or use would be subject to applicable approvals, regulations, and independent buyer due diligence. Conveniently located just 30 minutes from Indianapolis, Bloomington, and Indianapolis International Airport, Painted Hills offers a unique combination of resort-style living and small-town charm. Take your ATV to community amenities, Downtown Martinsville, local restaurants, shopping, and the popular Cedar Creek entertainment destination featuring concerts, a winery, brewery, distillery, and year-round events. Membership opportunities in Painted Hills are becoming increasingly difficult to find. Whether you're seeking recreational access today or a long-term investment within one of Morgan County's premier private lake communities, this property is an opportunity you won't want to miss. 3 adjoining lots are also available for seperate purchase.

Additional Information

Present Zoning
Single Family
Number of Lots
1
Land Characteristics
Dock Access, Mature Trees, Rural In Subdivsion, Water Acces
Topography
Hilly, Sloping, Wooded
Soil Type
See Remarks
Development Status
Plat Recorded
Facilities on Site
None
Facilities near Site
Cable, Electric, Telephone, Water
Water
Municipal Water Near By
Sewer
Septic Needed
Road Access
Limited Acc
Road Frontage
Private Road
Road Surface
See Remarks
Acres
0.50
Water
Municipal Water Near By
Financing
Cash Only
Mandatory Fee Includes
Clubhouse, Maintenance, ParkPlayground, Pickleball Court, Security, Tennis Court(s)
Region
Jackson

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Modglin Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative