Silver Lake Homes under $300,000

Welcome to Silver Lake, Indiana – a hidden gem nestled in the heart of Kosciusko County! This charming town is not only known for its picturesque landscapes and friendly community but also for its affordability and accessibility. With a population that embraces a close-knit atmosphere, Silver Lake offers a unique blend of small-town charm and modern conveniences, making it an ideal place for families, retirees, and everyone in between.

One of the most appealing aspects of Silver Lake is its real estate market, particularly for those seeking homes under $300,000. Here, you can find a variety of properties that cater to different lifestyles and preferences. Whether you're in the market for a cozy single-family home, a quaint cottage, or a spacious property with room to grow, Silver Lake has something for everyone. The affordability of these homes allows residents to enjoy the serenity of lakeside living without breaking the bank.

In addition to its attractive housing options, Silver Lake boasts a wealth of recreational opportunities. The nearby Silver Lake itself offers a perfect setting for fishing, boating, and picnicking, while the surrounding parks provide ample space for outdoor activities. Local shops, restaurants, and community events further enhance the vibrant lifestyle that this town has to offer.

If you're looking for a welcoming community with affordable housing and a rich tapestry of outdoor experiences, Silver Lake, Indiana, is the perfect place to call home. Come and discover the charm of this idyllic town – your dream home awaits!

Newest Silver Lake Homes under $300,000

$125,000

2 Beds ⋅ 1 Baths ⋅ 202640745 MLS ⋅ 552 SqFt. ⋅ Deb Paton Showley

Bring your vision and make this Silver Lake home your own! With great bones and some of the big-ticket updates already completed—including a new metal roof, siding, and windows—this home is ready for its next chapter. The interior offers plenty of opportunity to refresh, update, and add your personal style. And the location is hard to beat! Situated right next to the public boat launch and beach, you can have the boat in the water or your toes in the sand in minutes. Enjoy easy access to boating, fishing, swimming, and everything Silver Lake has to offer. Whether you're looking for a year-round home, weekend lake getaway, or a property with potential, this one is worth a look!

511 W Shutt Ave, Silver Lake

Listing courtesy of Deb Paton Showley from Coldwell Banker Real Estate Group. Cell: 574-527-6022

$50,000

3 Beds ⋅ 1 Baths ⋅ 202640602 MLS ⋅ 1,881 SqFt. ⋅ Savannah Lopez

Looking for a home with space, character, and plenty of potential? This 3-bedroom home offers nearly 1,900 square feet of finished living space and is ready for someone with the vision to bring it back to life. The property also includes a detached garage and sits on a convenient in-town lot in Silver Lake. This home does need repairs and updating and is being sold as-is, but with the right improvements, it has the potential to be a great home or investment. Cash offers only. Utilities are off, so please bring a flashlight for showings.

108 S Columbia St, Silver Lake

Listing courtesy of Savannah Lopez from The Gingerich Group.

$99,900

2 Beds ⋅ 1 Baths ⋅ 202634624 MLS ⋅ 840 SqFt. ⋅ Sandy Hatcher

Back on the market throught no fault of the sellers! Discover the possibilities with this 2-bedroom, 1-bath lakefront home on beautiful Diamond Lake in Kosciusko County. If you’ve been searching for an affordable lakefront property with incredible potential, this is your opportunity. This home needs work and is being sold as-is, making it an excellent choice for buyers with vision, investors, or anyone looking to build equity in a waterfront property. With a little imagination and some work, this home has the potential to become a charming full-time residence, weekend getaway, or investment property. Lakefront homes at this price point are becoming increasingly rare, making this an outstanding opportunity to create value while enjoying all the benefits of lake living. Wake up to beautiful lake views, enjoy your morning coffee by the water, and spend your days boating, fishing, kayaking, paddleboarding, or simply relaxing along the shoreline. Nestled on picturesque 79-acre Diamond Lake, you’ll enjoy the peace of lakeside living while remaining just a short drive from Warsaw, Rochester, and North Manchester for shopping, dining, and everyday conveniences. Known for its clear waters, excellent fishing, and quiet atmosphere, Diamond Lake offers an exceptional lifestyle for those who appreciate nature and recreation. Whether you’re looking for an investment opportunity or dreaming of creating your own lakefront retreat, this property offers the chance to make that vision a reality.

8861 S Jannie Ln, Silver Lake

Listing courtesy of Sandy Hatcher from Coldwell Banker Real Estate Group. Office: 574-268-3400

$35,000

2 Beds ⋅ 1 Baths ⋅ 202634572 MLS ⋅ 800 SqFt. ⋅ Patricia Miller

Investment property , sold as is. Must sign waiver before entering. Close to lake.

708 N School Ave, Silver Lake

Listing courtesy of Patricia Miller from Century 21 Circle. Office: 574-293-2121

$115,000

2 Beds ⋅ 1 Baths ⋅ 202634503 MLS ⋅ 840 SqFt. ⋅ Fred Johnson

Charming Silver Lake Opportunity - Single family, two bedroom home (416 W. Coy Ave.) with garage/workshop, additional parking across the street (415 W. Coy Ave.). Excellent match for first-time buyers or investors. Spacious living room, knotty pine walls, and wrap around windows. Enjoy your front porch with a view of Silver Lake. Need a "man cave"? This garage/workshop is perfect, has walled in office and windows. Best of all, a short, easy walk brings you to the lake to enjoy the Coy Avenue community pier!

416 W Coy Ave, Silver Lake

Listing courtesy of Fred Johnson from RE/MAX Results. Cell: 574-551-8331

$59,900

1 Beds ⋅ 1 Baths ⋅ 202617247 MLS ⋅ 528 SqFt. ⋅ Orville Haney

Recreational Property on Diamond Lake! Looking for an a great deal on a weekend lake get away? Just a few houses down from the public ramp, .33 acres nestled on a mature tree shaded hill side with great views of Diamond Lake you will find a well cared for 1955 Blue Moon vintage mobile home with existing well, septic, and electric. With a trailer sized sun poom attached! Climate controlled, 1 bed, 1 full bath. This property has been very well maintained for many years by the same family. Selling fully furnished and ready for your enjoyment. LOOKING TO BUILD? This generous sized lot could facilitate a new home with lake views. A very clean and pristine property. Great fishing lake! Quiet, peaceful, and beautiful! Schedule your tour today!

5246 W Warren Ave, Silver Lake

Listing courtesy of Orville Haney from Homes Land & Lakes Realty.

$229,000

2 Beds ⋅ 1 Baths ⋅ 202630270 MLS ⋅ 744 SqFt. ⋅ Patrick Pfefferkorn

Welcome to this wonderful lakefront retreat nestled on the beautiful and very secluded south shoreline of Diamond Lake. Become one with nature and enjoy a peaceful lifestyle from this charming cottage situated on 60' of lakefront. Capture expansive and unobstructed views of the entire lake from this vantage point. Immediate possession available on this recently updated home offering open concept living with an efficient floor plan combining kitchen, dining, and living areas. The quintessential lake cabin featuring knotty pine walls, spacious wood burning fireplace, and screened-in porch overlooking the lake. Enjoy outdoor gathering spaces whether off the dock while swimming or evening bonfire near the water's edge...you're on lake time. Enjoy fishing, sailing, kayaking, or swimming on this 80 acre hidden gem. Centrally located between Chicago and Indianapolis and within 45 mins. of Ft. Wayne and South Bend...making this a perfect getaway destination.

5484 W Sycamore Hill Ln, Silver Lake

Listing courtesy of Patrick Pfefferkorn from RE/MAX Results. Main: 574-269-3801

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.