Home Near Carlyle Lake With Potential ROI

FOR SALE

County

Clinton County

Acreage

0.44 ±

Price

$440,000

FOR SALE

County

Clinton County

Acreage

0.44 ±

Price

$440,000

Address

19820 Oak Drive
Carlyle, IL 62231
View on Google Maps

Description

Located just a half-mile from Carlyle Lake, this property offers a rare opportunity for lakeside living with both comfort and convenience. This +/-1,600 sq ft main home is designed for both relaxation and entertainment. It features generous bedrooms, a spacious living area with windows that flood the home with natural light, and a well-appointed kitchen with modern appliances and ample storage. The main home is equipped with all the amenities you need for everyday living.

Within the home is also a +/-1,300 sq ft garage, making plenty of space for any vehicles or boats or storage. In addition to the main home, the property also includes a charming 750 sq ft guest home, providing extra space for visiting friends or family, or the potential for rental income. The guest house is cozy, yet fully functional, with a kitchen, full bathroom, and comfortable living area. This setup offers privacy and independence for guests, while still being close enough to the main residence to enjoy the property’s shared amenities. These 2 homes would also provide an excellent source of income as rental properties. I would estimate an annual ROI of 5% or greater.

The standout feature of this property is its direct access to Carlyle Lake, with a private dock included. Whether you enjoy boating, fishing, or simply relaxing by the water, these docks provide the perfect spot to indulge in all your lakefront activities. The property’s gentle slope toward the lake ensures easy access to the water, while the peaceful surroundings offer a quiet escape from the hustle of everyday life.

The land is fully equipped with utilities on-site, including electricity, water, and septic systems, making the property truly turn-key. All you need to do is move in and start enjoying the lifestyle that comes with living so close to the lake. The home is well-maintained, ensuring that it’s ready for immediate occupancy without the hassle of renovations or repairs.

Conveniently located just 12 miles from the town of Carlyle, you’ll have access to local shopping, dining, and services, while still enjoying the seclusion and natural beauty of lakeside living. Additionally, the property is only 3 miles from Keyesport, offering even more small-town charm and easy access to essential amenities. Whether you’re seeking a peaceful retreat, a weekend getaway, or a full-time residence, this property offers the ideal balance of waterfront living, comfort, and proximity to nearby towns. Don't miss the chance to own this exceptional piece of real estate near Carlyle Lake.

Property Listing

Type

Residential Land

Road Frontage

Township Road


Media

Other Property Details

Utilities

  • electric: onsite
  • gas: onsite
  • sewer: onsite
  • water: onsite

Housing on Property

home
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Square Footage: 1600
guest
  • Bedrooms: 1
  • Bathrooms: 1
  • Square Footage: 750

Coordinates

38.71121, -89.29754

Annual Taxes

$0


Legal

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.

Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.


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Listing Agent

Josh Malone

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