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720 S Rangeline Road #701

Carmel, IN 46032

ActiveListed Dec 1, 2025 · 150 days on market

Key facts

Beds
3
Baths
3 full · 1 half
Living area
3,765 sqft
Year built
2010
Type
Residential · Condominium
Stories
One
Garage
4 spaces
MLS #
22072662
County
Hamilton
Subdivision
Carmel City Center

About this home

Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally above it all in this extraordinary downtown Carmel penthouse. As the city's highest private residence, it offers sweeping, uninterrupted views that stretch for miles - a rare blend of privacy, prestige, and modern elegance. Designed for both dramatic entertaining and serene everyday living, this residence is a showcase of architectural innovation and impeccable craftsmanship. The main living space impresses with soaring 23-foot ceilings and walls of glass that flood the home with natural light, while a sleek, fully equipped bar with dual Azur refrigerators and a wine cooler elevates every gathering. For the ultimate at-home entertainment, the Dolby theater provides a true cinematic experience with a retractable 9-foot screen, acoustic wall treatments, and automated blackout shades. Culinary enthusiasts will delight in the chef's kitchen, featuring professional-grade gourmet appliances, a sprawling island accommodating over 25 guests, and a seamless layout perfect for intimate meals or grand soirees. The primary suite is a private retreat, complete with a floating California king bed, skylight, keypad entry, and a heated outdoor lounge with integrated sound. The spa-like ensuite offers a steam shower, three-person infrared sauna with chromotherapy, and a luxurious walk-in closet. Each secondary bedroom comes with its own kitchenette, beverage station, microwave, and integrated Sonos audio system, while a flex suite with a Murphy bed and Tonal Smart Gym provides versatile living options. The custom bunk room offers an ideal space for guests or teens. Step outside to a remarkable 2,000-square-foot rooftop terrace featuring 360-degree skyline views, three fire pits, a swim spa and jacuzzi, outdoor heating, and a full kitchen with dual grills - a spectacular backdrop for entertaining at any level.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerElectric Water HeaterDisposalMicrowaveDouble OvenGas OvenRefrigeratorBar FridgeWasherWine Cooler
Interior features
Bath Sinks Double MainVaulted Ceiling(s)Kitchen IslandCentral VacuumElevatorEat-in KitchenSmart ThermostatSaunaSupplemental StorageWired for SoundWalk-In Closet(s)Wet Bar
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Laundry
Laundry Room
Windows
Skylight(s)
Security
Building SecuritySecured Garage/Parking
Rooms
9
Main-level bedrooms
3

Exterior

Exterior features
BalconyGas GrillOutdoor Kitchen
Patio and porch
Glass EnclosedPatioRooftop
Construction
Brick
Foundation
See Remarks
Style
Contemporary
Parking and garage
AssignedAttached
Spa
Heated
Other equipment
Security System

Systems

Heating
ElectricForced Air
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$1,000 / monthly
Community
Fitness CenterPool
HOA fee includes
Association Home OwnersEntrance CommonExercise RoomInsuranceMaintenance GroundsManagementSnow RemovalTrash
HOA amenities
Exercise CourseFitness CenterInsuranceMaintenance GroundsManagementSnow RemovalTrash

Schools

High school
Carmel High School
School district
Carmel Clay Schools

Taxes

Estimated annual tax
$14,156 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$19,700per month, estimated
Principal and interest $16,383Property tax $1,180Insurance $1,138HOA $1,000
20% · $650,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$3,250,000
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