Exceptional Multi-Use Property with Related Living, In-Ground Pool & Oversized Garage — Now Only $465,000
427 N State Road 149, Valparaiso, IN 46385
With a major price improvement and a highly motivated seller, this unique and expansive property in Valparaiso is ready for its next owner to unlock its full potential. Offered at $465,000, 427 N State Road 149 is unlike anything else on the market—an exceptional retreat-style estate featuring nine bedrooms, four full bathrooms, related living options, an oversized heated garage with workshop, an in-ground pool, and a stunning tree-lined backyard that feels worlds away from the everyday. Whether you’re seeking a versatile single-family home, a multigenerational living setup, or space to support hobbies and passions like car restoration, this property offers endless possibilities.

A Rare Opportunity to Make It Your Own
The seller has priced this property to account for cosmetic updates, giving buyers the chance to customize, refresh, and modernize the home according to their tastes. A little painting and updating will go a long way in transforming this already impressive layout into a dream home tailored to your lifestyle. Opportunities like this—where the structure, square footage, lot, and mechanical strengths are already in place—are rare in today’s market.
Expansive Layout with Nine Bedrooms and Related Living
Inside, the home delivers remarkable flexibility thanks to its nine well-proportioned bedrooms and four full bathrooms. This layout supports a wide range of living situations, including multigenerational households, extended family stays, home offices, guest accommodations, or even a private rental suite. Whether you need quiet spaces, creative zones, or room to grow, this home truly has space for everyone.
The related living option makes this property especially attractive. With separate sleeping areas and multiple full bathrooms, the design supports comfortable, independent living under the same roof—perfect for aging parents, young adults, or long-term guests who need their own defined space.

Retreat-Style Backyard with In-Ground Pool
Step outside and you’ll instantly understand why this home has been described as a private retreat. The backyard is a stunning, tree-lined oasis, offering beauty, shade, and privacy throughout the year. At its center is a well-maintained in-ground pool, ready for summers filled with relaxation, gatherings, and fun. Whether you’re hosting backyard barbecues or enjoying a peaceful morning swim, this outdoor space elevates everyday living.
The yard’s size and natural surroundings also allow for gardening, play areas, or potential outdoor enhancements. It’s the type of backyard you simply won’t find in most suburban homes—serene, spacious, and versatile.

Oversized Heated Garage with Workshop — A Car Enthusiast’s Dream
One of the standout features of this property is the oversized, heated garage, complete with a built-in workshop. With 2.5 garage spaces plus additional uncovered parking, this setup is ideal for car enthusiasts, mechanics, hobbyists, or anyone needing room to store equipment or pursue hands-on projects.
The garage includes desirable features such as:
Heating, making it usable year-round
Oversized dimensions for tools, lifts, or multiple vehicles
Side-facing orientation, offering privacy and curb appeal
Concrete driveway and additional off-street parking
Garage door opener and easy access to the home
This is not just a place to park—it’s a workspace, storage solution, and creative studio all in one.

Endless Potential in a Convenient Valparaiso Location
While the home offers quiet retreat living, it remains conveniently located in Valparaiso with easy access to shopping, dining, and commuter routes. Whether reimagined as a sprawling single-family residence, an expanded living setup for multiple generations, or a property that supports hobbies and passions, the possibilities here are vast.
With its new reduced price, generous layout, private backyard, and specialty features, 427 N State Road 149 stands as one of the most versatile and value-packed opportunities in today’s market. Schedule a showing and explore how this remarkable property can be transformed into exactly what you’ve been searching for.
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FROM ZILLOW