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12162 Pearl Bay Ridge

Indianapolis, IN 46236

ActiveListed Sep 9, 2026 · 33 days on market

Key facts

Beds
6
Baths
4 full · 2 half
Living area
6,935 sqft
Lot
0.7 acres
Year built
1991
Type
Residential · Single Family Residence
Stories
Two
Garage
3 spaces
MLS #
22120789
County
Marion
Subdivision
Admirals Pointe

About this home

The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined. The all-brick Geist Reservoir estate is nestled in a private, beautifully landscaped setting, Welcome to the 6-bedroom, 6-bathroom luxury sanctuary delivers panoramic water and pool views from almost every vantage point. The main level maximizes the sweeping waterfront backdrop, offering sophisticated spaces with brand-new premium waterproof luxury vinyl flooring across all levels. Features include a primary suite with water views and a convenient second main-floor bedroom with a newly updated full bath. The beautifully appointed kitchen was updated in 2024 with elevated quartz, a built-in coffee bar, a Sub-Zero fridge, and premium Wolf induction appliances. Custom cast-iron railings lead upstairs, while the walk-out lower level serves as an entertainer's dream with a second Quartz clad wet bar including double drawer dishwashers with Long bar counter. Don't miss the Amazing free standing Wine cage! Multiple fireplaces feature new marble surrounds and stone hearths. Major updates include a new HVAC (2023) and a tankless water heater. Step outside into a private oasis: lounge by the heated inground pool and sun deck, or mix drinks at the covered outdoor bar with a wet sink. Your private boat dock is just steps away for instant access to open-water cruising and watersports. Irrigation and an electric fence are in place. Don't miss this incredible price improvement!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalHumidifierInduction CooktopMicrowaveOvenConvection OvenRefrigeratorTankless Water HeaterWater PurifierWater Softener OwnedWine Cooler
Interior features
Attic AccessAttic Pull Down StairsBath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsVaulted Ceiling(s)DumbwaiterEntrance FoyerPaddle FanHi-Speed Internet AvailblWired for DataPantrySmart ThermostatSupplemental StorageWalk-In Closet(s)Wet BarWood Work Painted
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on MainGreat Room - 2 StoryUtility Room
Basement
Ceiling - 9+ feetEgress Window(s)Exterior EntryFinishedFinished CeilingFinished WallsFullStorage SpaceWalk-Out Access
Fireplaces
2
Fireplace type
BasementFamily RoomHearth RoomMasonry
Laundry
Laundry RoomMain LevelSink
Windows
ScreensSkylight(s)Bay Window(s)Garden Window(s)Low-Emissivity Windows
Security
Carbon Monoxide Detector(s)Fire AlarmSecurity SystemSmoke Detector(s)
Rooms
15
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
BalconyGas GrillLightingOutdoor KitchenSmart Light(s)Smart Lock(s)Sprinkler SystemWater Feature Fountain
Patio and porch
CoveredDeckGazebo
Construction
Brick
Foundation
Concrete PerimeterFullPoured Concrete
Style
Traditional
Parking and garage
Attached
Pool
HeatedIn GroundLinerPool CoverPool SweepWaterfall
Private pool
Yes
Spa
FiberglassSee Remarks
View
LakeWater
Waterfront
Lake FrontOn ReservoirSeawallWater AccessWater ViewWaterfrontBoat SlipDock
Other equipment
IntercomIrrigation EquipmentSecurity System OwnedSmoke Alarm

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$425 / annually
Lot features
Cul-De-SacCurbsSidewalksStorm SewerMature TreesWooded
HOA fee includes
Association Home OwnersEntrance CommonInsuranceMaintenanceManagementSecuritySnow Removal
HOA amenities
ManagementSecuritySnow Removal

Schools

Elementary school
Amy Beverland Elementary
Middle school
Belzer Middle School
High school
Lawrence Central High School
School district
MSD Lawrence Township

Taxes

Estimated annual tax
$37,617 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$14,490per month, estimated
Principal and interest $10,585Property tax $3,135Insurance $735HOA $35
20% · $419,980
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$2,099,900
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