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Listed by Sarah Noel • The Stewart Home Group

$995,000

Est. payment - /mo

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6 Beds

3 Baths

2,608 SqFt

Active

7821 W County Road 875 S French Lick, IN 47432

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Karen Kummer

karenkummer@epique.me +1(317) 853-9144

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $381

Subdivision Subdivision Not Available See Legal

MLS Listing ID 22122699

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 2023

Tax Year 2025

Lot Size 3.880 Acres

Acres 3.88

Property Sub-Type Single Family Residence

Property Description

Welcome to your next investment opportunity, Copper Cottage! This fully operational, income-producing Airbnb has demonstrated impressive revenue growth since welcoming its first guests in spring 2024, making it an exciting opportunity for investors looking to step into an established and successful short-term rental business. Copper Cottage's financial performance reflects its continued growth as an established short-term rental investment. After generating $32,000 in net operating income during its first nine months of operation in 2024, the property's NOI increased to more than $83,000 in 2025, with 2026 NOI expected to exceed $106,000. Looking ahead, nearly $70,000 in gross rental reservations have already been secured for 2027, providing a strong foundation for the upcoming year. The property has also maintained occupancy rates of 65% throughout 2025 and 2026, demonstrating consistent guest demand and performance above the local market average. Even better, this is a truly turnkey opportunity! The property conveys fully furnished and stocked with everything needed to continue operations immediately, right down to the linens and remaining guest toiletries. There are simply too many extras to list! Beyond its investment potential, this home showcases exceptional craftsmanship and thoughtful design, with intricate custom details throughout that make it stand out from the ordinary. Designed to comfortably accommodate up to 14 guests, with 3 full bathrooms, this property is ideal for large gatherings, group getaways, retreats, and memorable vacations. Location is another major selling point, with the nearest Patoka Lake boat ramp roughly 1 mile away, downtown French Lick just over a 10-minute drive, and Patoka Lake Winery, Brewery & Distillery less than 10 minutes away. With recreation, dining, entertainment, and lake life all within easy reach, guests have plenty of reasons to visit-and return!

Location

State IN

County Orange

Rooms

Main Level Bedrooms 4

Interior

Interior Features Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Paddle Fan, Wired for Data, Smart Thermostat

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Y

Appliance Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Tankless Water Heater, Washer

Exterior

Exterior Feature Barn Pole, Fire Pit, RV Hookup, Smart Lock(s)

Garage Spaces 2.0

Water Access Desc Public

Building

Story One and One Half

Foundation Slab

Water Public

Architectural Style Traditional

Structure Type Aluminum Siding

New Construction false

Schools

School District Springs Valley Com School Corp

Others

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NEARBY SCHOOL & BUSINESS

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Karen Kummer

Agent License ID: RB22001128

+1(317) 853-9144

7821 W County Road 875 S French Lick, IN 47432

Karen Kummer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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7821 W County Road 875 S