Geist Reservoir Real Estate Offers Upscale LivingThe real estate which surrounds the Geist Reservoir located just 12 miles northeast of Indianapolis, IN is lined with beautiful, high-class homes. Developed in the 1940s to serve as the water supply for the city of Indianapolis, the Geist Reservoir is fed by Fall Creek. Most of the Geist Reservoir is less than 10-feet deep as a result of a dam located on the south end, however it is the second largest lake in the state. Thousands of homes have been built in the Geist Reservoir area and it is now one of the fastest growing regions in the United States. Notable residents such as Reggie Miller of Indiana Pacers fame and mystery writer Terence Faherty, as well as many others, call the Geist Reservoir area home. The Geist Reservoir real estate market is divided into several neighborhood communities. The Dream Home Company specializes in residential real estate in the areas in and around Indianapolis including Geist Reservoir. The perfect place for boaters, fishermen and other water-sport enthusiasts as well as those who just enjoy the view will find the Geist Reservoir area lake living at its best. If you need even more outdoor recreation, nearby New Fort Harrison State Park offers hiking trails, fishing and other activities on 1,700 acres. Entertainment and recreation in the Geist Reservoir area includes several local restaurants and shops as well as movie theaters, the Indianapolis Sailing Club, Indianapolis Yacht Club, Dragon Boat Racing Team, and the Geist Half Marathon & 5k. Its proximity to the city of Indianapolis expands entertainment and recreation opportunities including amateur and pro sports, museums, the Indianapolis Zoo, an IMAX Theater, the Heartland Film Festival and the Circle Centre, an entertainment and shopping complex which has sparked further development in the city center. Most Geist Reservoir residences are located within Lawrence Township and the Lawrence Township School District. On the eastern side of Fishers are sections of Geist Reservoir homes that are are in Fall Creek Township and the Hamilton Southeastern School District. Geist Reservoir Waterfront Communities include:Cambridge with off-water homesites priced from $130,000 and waterfront homesites starting at $318,000. Canal Place has off-water homesites priced from $169,000 and waterfront homesites beginning at $239,000. Hampton Cove lots range between $280,000 and $620,000. Marina Village prices range from $375,000 to $700,000 or more. Sail Place/Lake Clearwater waterfront homesites begin at $43,000 and off-water homesites are priced $32,000 and up. Waterfront custom homes by Chesapeake Builders range from $150K to $2.5 million in the 46236, 46235, 46256 and 46037 zip codes. Other neighborhoods and tracts include:
Admirals Point, Admirals Sound, Admirals Bay, Admirals Woods, Admirals Landing, Diamond Pointe, Hampton Cove, Feather Cove, Feather Bay, Crystal Pointe, Persimmon Ridge, North Woods at Geist, Windsong, Sunset Cove, Shorewalk, Boulders at Geist and Oakland Hills at Geist.
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