Cambridge |
Canal Place |
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| With a strong sense of community and friendly neighborhood feel, Cambridge is sure to complement your family’s lifestyle. The community’s active homeowner’s association includes security and neighborhood patrol, as well as snow removal and upkeep of common areas. Future development is planned for Cambridge, and many waterfront lots are still available. Off-water homesites are priced from $130,000, and waterfront homesites start at $318,000. Special in-house financing is available. | Canal Place has a nature preserve appeal, with trails through wooded areas and on the waterfront. It’s not unusual to see residents sitting on the shore watching herons, seagulls and other wildlife. The community features a number of common areas and a children’s playground. Canal Place has an active homeowner’s association, which includes security and neighborhood patrol, as well as snow removal and upkeep of common areas. Off-water homesites are priced from $169,000, and waterfront homesites start at $239,000. Special in-house financing is available. |
About Geist
Geist Reservoir was named after Clarence Geist, a former owner of the Indianapolis Water Company who foresaw a deficit in Indianapolis’s water supply, and envisioned Geist Reservoir to preemptively address the problem – but not without a casualty. Planning for the reservoir began as early as 1913, when hydraulic engineers estimated that White River and Fall Creek would not provide enough water for the increasing needs of Indianapolis. Geist gradually bought some 5,000 acres (20 km2) in Fall Creek Valley in the 1920s and 1930s, including the small town of Germantown, which today lies at the bottom of the reservoir.
Although controversial, the reservoir was completed in 1943, five years after Clarence Geist’s death. In the 1960s further controversy arose over plans for commercial and residential development in the area around the lake. A proposal in the 1970s to triple the size of the reservoir was defeated, and a housing boom began in the lake area. In recent years the Geist area has experienced rapid growth. The area is noted for its unique topography and the reservoir.
What could be better than living and playing on the water? Right in the heart of central Indiana—just 20 minutes from downtown Indianapolis—you can enjoy fabulous waterfront living and lake access that will make you feel as if you are on vacation every day. Leopold Homes provides all of the services you need to build the lifestyle you want. We can help you find the right lot and build your dream home—in one of many breathtaking waterfront communities. That also offer full-service marinas for your water activities, and lakefront services for custom dock design and other waterfront construction services. When it comes to waterfront living, the lakes of central Indiana offer … A great place to live and a great place to play.
