Discover the potential of lake living at Graybrook Lake! Situated on a beautiful 0.59-acre waterfront lot, this property offers direct water access, a private dock, mature shade trees, and stunning lake views-creating the perfect backdrop for fishing, kayaking, boating, or simply relaxing by the water. A 12' x 16' storage shed provides additional space for lake toys, tools, and outdoor equipment. The existing home is in need of significant repairs and is being sold as-is, presenting an excellent opportunity for investors, renovators, or those looking to build or transform a property in this desirable lake community. Enjoy the peaceful setting while remaining just a short drive from Spencer, where you'll find grocery stores, restaurants, local shops, schools, healthcare, and other everyday conveniences. Whether you're searching for a weekend retreat, investment opportunity, or future dream lake home, this Graybrook Lake property offers an exceptional chance to own waterfront real estate in Owen County.

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IDX information provided by the Indiana Regional MLS. Data was last updated on this website at July 21, 2026 3:32 PM UTC. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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CENTURY 21 Scheetz - Bloomington

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Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Basement

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Finance

Water

Map Location

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Hi there! How can we help you?

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CENTURY 21 Scheetz - Bloomington