Why Live in East Lake
East Lake in Elkhart features a variety of home styles, including ranches, split-levels, and two-story Traditional homes, with the average house being just under 3,000 square feet and boasting spacious yards. Lakefront properties on East Lake Drive and Twin Pines Point are particularly sought after, featuring private docks, though motorized boats are not allowed. Walker Park, located across Bristol Street, is a popular spot for walkers, joggers, and runners, and will soon include a playground with wheelchair accessibility and inclusive elements for children on the autism spectrum. The nearby Elkhart Public Library’s Osolo Branch adds to the neighborhood's appeal. For shopping and dining, residents frequent Cobblestone Crossing, which includes Martin’s Super Market and Martin’s Paw Mart, as well as restaurants like George’s Gyros and Aracely’s Paleteria. The neighborhood is known for its festive Halloween decorations and a Fourth of July bike parade that engages the community. Despite its charm, East Lake is highly car-dependent, with a Walk Score of 1 out of 100. It is approximately 3 miles from downtown Elkhart and 4 miles from the Indiana Toll Road, providing access to Chicago, 110 miles away. Schools in the area include Pinewood Elementary, North Side Middle School, and Elkhart High School, with Saint Thomas the Apostle Catholic School offering a private K-8 option nearby.
Frequently Asked Questions
Is East Lake a good place to live?
East Lake is a good place to live. East Lake is considered very car-dependent and somewhat bikeable. East Lake has 5 parks for recreational activities. It has a median age of 38. The average household income is $76,267 which is below the national average. College graduates make up 34.3% of residents. A majority of residents in East Lake are home owners, with 25.5% of residents renting and 74.5% of residents owning their home. A
local real estate agent serving East Lake can help you decide if this neighborhood is the right one for you. Learn more on our
East Lake neighborhood guide.
How much do you need to make to afford a house in East Lake?
The median home price in East Lake is $382,386. If you put a 20% down payment of $76,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in East Lake. The average household income in East Lake is $76K.
What are the best public schools in East Lake?
The best public schools that serve East Lake are:
What are the best private schools in East Lake?
The best private schools that serve East Lake are:
What are the most popular zip codes in East Lake, Elkhart, IN?
What are the most popular neighborhoods near East Lake, Elkhart, IN?
Home Trends in East Lake, IN
On average, homes in East Lake, Elkhart sell after 22 days on the market compared to the national average of 70 days. The median sale price for homes in East Lake, Elkhart over the last 12 months is $299,985, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$299,985
Median Single Family Sale Price
$377,386
Median Townhouse Sale Price
$299,985
Average Price Per Sq Ft
$164
Number of Homes for Sale
1
Last 12 months Home Sales
8
Median List Price
$382,386
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-24%