5305 4th Avenue, Valparaiso, IN 46383

Property Description 5305 4th Avenue, Valparaiso, IN 46383

Adorable 2-bed/1-bath ranch just steps from beautiful Flint Lake with accompanying 1-bed/1-bath guest house out back, perfect for a rental or related living "in-law" suite! The main home features a covered front porch where you can enjoy your morning coffee before stepping into the open-concept living room/dining area; airy & bright with plenty of natural light, crown molding and durable vinyl plank flooring! New Furnace installed late 2025. The adjacent eat-in kitchen has a vaulted ceiling, custom backsplash, sleek steel countertop, new stainless fridge & microwave and abundant counter and cabinet space! Two spacious bedrooms and a full bath (tile shower surround) with laundry hookups round out the main house, while the cute "casita" guest house out back boasts a sprawling living room, kitchen, bedroom & 3/4 bath, with a newer tankless water heater all its own! Entertain friends for cookouts this summer in your fenced backyard retreat with deck & brick paver patio before walking down to the lake for some boating, fishing and lake sunsets! Private beach membership is available! Valpo schools, LOW taxes, super affordable utilities and NO HOA! Whether you're looking to build your rental portfolio or settle down by the water with separate living quarters, don't miss this truly unique opportunity to acquire two properties in a stellar lake community, just minutes from downtown Valpo with easy access to the toll road, I-80/94 and the South Shore train (Dune Park), making your commute to Chicago a breeze! Schedule your showing today!