A Landmark Estate Debuts on the Market in Carmel, Indiana

A rare opportunity has arrived in Central Indiana’s luxury real estate market. Tucked behind a private gated entrance on one of the region’s most prestigious streets, 4141 W. 116th Street in Carmel is available for sale at $11.9 million. This legacy estate offers 18 acres of manicured grounds, complete privacy, and elegant Georgian architecture – all just minutes from downtown Carmel, Zionsville, and the Indianapolis Executive Airport.

Photos by The Addison Group

Built in 2003 and spanning nearly 14,000 square feet, the main residence exemplifies timeless design with livable luxury, with 5 bedrooms, 6 full bathrooms and 2 half bathrooms. Inside, architectural details – arched doorways, coffered ceilings, crown molding, and intricate woodwork – create visual harmony across expansive, light-filled interiors. A chef’s kitchen with high-end appliances and a generous island anchors the heart of the home, while the main-level primary suite offers a peaceful retreat from the everyday.

Photos by The Addison Group

Entertainment and lifestyle amenities are seamlessly integrated: a finished lower level features a home theater, billiards lounge, wet bar, and temperature-controlled wine cellar. Outdoors, a resort-style pool, tennis court, gazebo, and multiple porches set the stage for quiet enjoyment or large-scale hosting.

Photos by The Addison Group

The estate’s additional structures add both function and flexibility: a charming guest house, pool house, and horse barn complement the main residence, while garage space for eight vehicles serves collectors or multi-generational needs. The acreage also offers development potential for future residences, supporting a long-term vision for compound-style or generational living.

Photos by The Addison Group

“This estate is the complete package – unparalleled privacy on nearly 20 acres, architectural integrity, lifestyle amenities, and close proximity to everything from top schools to private aviation,” says Mark Zukerman, Founder and CEO of Encore Sotheby’s International Realty. “This is a once-in-a-generation offering.”

Positioned minutes from high-end shopping, dining, and cultural attractions, and with easy access to both Carmel and Indianapolis, 4141 W. 116th Street stands as one of Indiana’s most significant residential properties – available now for private showing. For more information, please contact the listing agent, Mark Zukerman, of Encore Sotheby’s International Realty at 317.660.4444


Encore Sotheby’s International Realty is a boutique residential real estate brokerage providing home sellers and buyers with a luxury level of service in Indiana and beyond. Specializing in the central, northeast and northwest regions of Indiana, the firm operates out of offices in Carmel, Indianapolis, Zionsville and Fort Wayne. Backed by the world-class Sotheby’s International Realty brand, clients benefit from local expertise with global reach. For all of your real estate needs, call 317.660.4444 or visit encoresothebysrealty.com. 

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