Why Live in Lake Dalecarlia
Lake Dalecarlia, or “Lake Dale,” in Cedar Lake, is a community-oriented neighborhood known for its affluent homes and proximity to nearby lakes. Residents here are supportive and community-minded, often helping each other during times of need. The neighborhood features grand, upscale single-family homes on large private acre lots, with subdivisions boasting maintained lawns and lush trees. Homes range from custom brick builds with four bedrooms and two-car garages to Mediterranean-style estates with over 6,000 square feet, private cul-de-sacs, and in-ground pools. Outdoor activities are abundant, with residents frequently enjoying boating, fishing, skiing, and tubing on the lakes. Lemon Lake County Park, with its 402 acres, offers disc golf courses, picnic areas, playgrounds, walking trails, and an off-leash dog park. Fairways Golf Course provides a local spot for a quick round of golf.
Students attend schools in the Hanover Community School Corporation, including the highly rated Jane Bell Elementary, Hanover Central Middle School, and Hanover Central High School. The area features local pubs like The Dam Bar and Grill and The Lighthouse, which offer American comfort food and lakeside dining, respectively. For groceries, residents shop at Strack & Van Til. Children can enjoy summer activities at the YMCA’s Triangle Hills Camp and Retreat Center, while the Lake County Fairgrounds, located 4 miles north, hosts events including the annual Lake County Fair in August. Healthcare needs are met by Franciscan Health Crown Point, just 3 miles north. Interstate 65 provides easy access to Chicago to the north and Lafayette to the south.
Frequently Asked Questions
Is Lake Dalecarlia a good place to live?
Lake Dalecarlia is a good place to live. Lake Dalecarlia is considered very car-dependent and somewhat bikeable. Lake Dalecarlia has 6 parks for recreational activities. It is sparse in population with 0.2 people per acre and a median age of 41. The average household income is $134,233 which is above the national average. College graduates make up 34.6% of residents. A majority of residents in Lake Dalecarlia are home owners, with 5.1% of residents renting and 94.9% of residents owning their home. A
local real estate agent serving Lake Dalecarlia can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Dalecarlia neighborhood guide.
How much do you need to make to afford a house in Lake Dalecarlia?
The median home price in Lake Dalecarlia is $420,000. If you put a 20% down payment of $84,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Lake Dalecarlia. The average household income in Lake Dalecarlia is $134K.
What are the best public schools in Lake Dalecarlia?
The best public schools that serve Lake Dalecarlia are:
What are the most popular zip codes in Lake Dalecarlia, Cedar Lake, IN?
What are the most popular neighborhoods near Lake Dalecarlia, Cedar Lake, IN?
Home Trends in Lake Dalecarlia, IN
On average, homes in Lake Dalecarlia, Cedar Lake sell after 65 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Dalecarlia, Cedar Lake over the last 12 months is $750,000, up 52% from the median home sale price over the previous 12 months.
Median Sale Price
$750,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$420,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$420,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
52%