$1,229,900

For sale

317-319 S••••• County Road 460 S (Sign up for 50 free credits to unlock)Paoli, IN 47454

4Beds
7Baths
4,832Sq Ft Living
1,524,600Sq Ft Lot
1930Year Built

Property Description

Discover an exceptional opportunity on approximately 35 acres, offering panoramic views, multiple living spaces, established income potential, and room to grow. Comprised of two separate parcels, this unique property features three distinct dwelling spaces, including two successful income-generating short-term rentals-making it an ideal option for an investment property, private retreat, multi-generational living, or a combination of all three. The property offers an impressive amount of garage and storage space. Expansive decks provide the perfect setting to take in the surrounding countryside and sweeping views, including a picturesque view of The Mansion at the Pete Dye Course in French Lick. Outdoor amenities continue with a pond, above-ground pool, beautiful open acreage, and plenty of space to enjoy the peaceful setting., and the sunsets are spectacular! Whether you're looking to expand an existing short-term rental portfolio, create a family compound, develop additional accommodations, or simply enjoy the privacy and versatility of a remarkable Southern Indiana property, this one offers a rare combination of acreage, income potential, views, and possibilities. Listing contains two separate parcels, each parcel is also listed separately.Parcel ID: 59-11-05-200-009.001-001 (319 S County Road 460 W, Paoli, IN 47454) listed separately MLS; Parcel ID 59-11-05-200-009.000-001 (317 S County Road 460 W, Paoli, IN. 47454) listed separately MLS

Property Facts & Features

Property Type
Single Family
Status
Active
Listed
Sep 15, 2026
Price per Sq Ft
$255/sqft
ZIP Code
47454
Full Baths
5
Half Baths
2
Garage
9 spaces
Parking
9
Heating
Forced Air, Heat Pump
Cooling
Central Air
County
Orange
School District
Springs Valley Com School Corp

Features & Amenities

Bedrooms

  • Bedrooms: 4

Bathrooms

  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 2

Land Info

  • Lot Description: Panoramic View, Scenic View, Wooded Lot
  • Lot Size Acres: 35.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1524600

Utilities

  • Water Source: Pond, Well

Interior Features

  • 1st Floor Main
  • Added Storage
  • Bath 1/2 Main
  • Bath Main
  • Bonus Room
  • Den/Office
  • Eat-in Kitchen
  • Family Room
  • Kitchen Island
  • Open Floor Plan
  • Walk-in Closet(s)

Garage and Parking

  • Garage Spaces: 9
  • Garage Description: Attached, Detached, Front Entry, Off Street
  • Other Parking: Off Street

School Information

  • School District: Springs Valley Comm.

Heating and Cooling

  • Cooling Features: Central Air
  • Fireplace Features: Wood Stove
  • Heating Features: Forced Air, Heat Pump
  • Heating Fuel: LP Gas
  • Heating: Yes
  • Number of Fireplaces: 1
  • Water Heaters: LP Gas

Other Property Info

  • Annual Tax Amount: 4949
  • Source Listing Status: Active
  • County: Orange
  • Directions: From Paoli, take IN-56 W toward French Lick; left on S Co Rd 460 W, proceed to 317-319 S Co Rd 460 West. From French Lick, take IN-56 E toward Paoli, right on S Co Rd 460 W, proceed to 317-319 S Co Rd 460 West.
  • Tax Year: 4051
  • New Taxes Expense: 4949
  • Parcel Number: 591105200009001001A
  • Township: French Lick
  • Property Subtype: Residential

Building and Construction

  • Total Square Feet Living: 4832
  • Year Built: 1930
  • Above Grade Finished Area: 4832
  • Below Grade Unfinished Area: 840.00
  • Building Area Total: 4832
  • Other Buildings: Garage,Shed
  • Improvements: 448100
  • Property Age: 96
  • Roof: Metal
  • Structure Type: Frame On-Site
  • Total Area Sqft: 4832

Exterior and Lot Features

  • Balcony
  • Covered Porch
  • Deck
  • Pool - Above Ground
  • Sunroom
  • Roads: Paved
  • Porch: Yes
  • Deck: Yes

Price & Event History

DateEventPrice$/Sq Ft
Sep 15, 2026Listed$1,229,900$255

Nearby Schools

  • 7/10
    Springs Valley Elementary School

    Public · Elementary · Grades K-5

    3.8 mi
  • 7/10
    Springs Valley Community High School

    Public · Middle, High · Grades 6-12

    3.9 mi

Location

Lat 38.55065 · Lng -86.54423