7338 Oakbay Drive Noblesville, IN $ 1,895,000
7338 Oakbay Drive
$ 1,895,000
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7338 Oakbay Drive

Noblesville, IN, 46062
$ 1,895,000
Bedrooms5 Baths4.1 Sq 5,824

Monthly Estimate*

$ 13,088

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Single Family Home for sale in Noblesville, IN

for $1,895,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,824 square foot home was built in 1995 on a lot size of 0.3.

Lake living at its best. Welcome to a beautifully refreshed and meticulously maintained 5-bedroom, 4.5-bath lakefront home in the desirable Oakbay neighborhood of Noblesville. Set along a private drive with a three-car garage, this exceptional residence offers expansive water views, thoughtfully updated spaces, and an unparalleled setting for enjoying lake living. The refreshed eat-in kitchen is designed to take full advantage of the views, featuring a breakfast bar, center island, beverage center, and abundant sightlines to the water. The heart of the home is the impressive family room with vaulted ceilings, fireplace, and a wall of windows overlooking the lake. Upstairs, the serene primary suite continues the water-view experience with a bedroom overlooking the lake and a gas fireplace positioned between the bedroom and the beautifully updated ensuite bath. Three additional upstairs bedrooms provide convenient access to full baths, offering comfort and privacy for family and guests. The finished lower level expands the home's living and entertaining possibilities with a fifth bedroom/office, full bath, large recreation room with fireplace, and a new custom wet bar. Walk directly from the lower level to the deck and lake, making it easy to transition from indoor entertaining to your favorite water activities. A dedicated storage room provides an ideal place for water toys and lake equipment. Enjoy a new custom dock with two covered slips plus a dedicated jet ski dock. Whether you're heading out for a day on the water, relaxing lakeside, or entertaining friends and family, this property embraces the very best of lakefront living. With beautifully updated interiors, exceptional water views, abundant amenities, and meticulous care throughout, this is a home designed for both everyday enjoyment and memorable gatherings. This lakefront retreat offers a rare combination of privacy, recreation, comfort, and timeless appeal. Perfect home. Perfect views.

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Single Family Active

Price

$ 1,895,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 12,746

Style

Traditional

Lot Size

0.3

Year Built

1995

Town/City

Noblesville

County/Region

Hamilton

MLS | Web ID

22126529

Features
Interior
Interior Amenities Attic Access Breakfast Bar Vaulted Ceiling(s) Kitchen Island Entrance Foyer Paddle Fan Hi-Speed Internet Availbl Eat-in Kitchen Wired for Data Pantry Smart Thermostat Sauna Walk-In Closet(s)
Basement Daylight Egress Window(s) Exterior Entry Finished Finished Walls Interior Entry Storage Space Walk-Out Access
Total Fireplaces 3
Fireplace Features Basement Bedroom Family Room
Basement (Y/N) Y
Half Baths 1
Laundry Features Common Laundry Main Level Sink
Total Bedrooms 5
Below Grade Finished Area 2040
Main Level Bedrooms 0
Total Baths 5
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General
Heating Dual Forced Air Gas
Cooling Central Air Dual
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Disposal Microwave Oven Double Oven Refrigerator Bar Fridge Tankless Water Heater
HOA Fee 165
Garage Spaces 3
Association Fee Includes Entrance Common Maintenance Management
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Brick Cement Siding
Year Built 1995
Electric 200+ Amp Service
View Lake
Township Noblesville
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Boat Slip Dock Lake Privileges Lake Front On Reservoir Seawall Water Access Water View Waterfront
Assoc Fee Paid Per Annually
County Hamilton
New Construction N
Property Type Residential
Association Amenities Maintenance Management
HOA Y
Subdivision Name Oakbay
Garage Y/N Y
Total Rooms 11
Full Baths 4
Status Active
Directions GPS Friendly
High School Noblesville High School
City Noblesville
High School District Noblesville Schools
MLS Area 2914 - Hamilton - Noblesville
Lot Size Square Feet 13068
Elementary School Hinkle Creek Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Noblesville West Middle School
Additional Parcels Y/N N
Standard Status Active
Tax Lot 105
Virtual Tour https://bay-videos.cdn.bkat.io/videos/7338_Oakbay_Drive_1270618464_328636.mp4?buster=1789667684575
Legal Description Acreage .30 Section 14 Township 19 Range 4 Oakbay Section 3 Lot 105 Interest: 1/4 Block G
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Exterior
Exterior Amenities Sprinkler System
Parking Features Attached
Lot Features Storm Sewer Mature Trees
Water Source Public
Foundation Details Concrete Perimeter
Building Area Total 5824
Lot Size Acres 0.3
Waterfront Y/N Y
Other Equipment Sump Pump
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

mjaensson@callcarpenter.com

Email

Affordability Calculator

$14,150
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,088
Monthly Property Taxes
$1,062
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4049973 Elementary School
4046422 Middle School
Noblesville High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,895,000 -2.82% Price Down
9/17/2026$1,950,000 Listed Price

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7338 Oakbay Drive, Noblesville, IN, 46062 is a Single Family Home for sale at $1,895,000 with 5,824 sqft and a lot size of 0.3. 7338 Oakbay Drive has 5 bedrooms, 4.1 baths, and was built in 1995. The property's zip code is 46062 which is in Noblesville, IN