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16693 Reed Drive, Westfield, IN
Architecture SL offers some of the largest single-family homes available at Ravinia, a lavish master-planned community coming soon to Westfield, IN. Built with a focus on active living, onsite amenities include a swimming pool, playground, walking trails, a basketball court and pickleball court. Westfield is home to a charming downtown district, highly regarded Westfield Washington schools, championship golf courses and excellent city parks. Within three miles of Ravinia is the 29.6-acre Freedom Trail Park, featuring a playground, natural trails and a fishing pond. Less than six miles away is Clay Terrace shopping center, which offers a convenient grocery store, exclusive brands, specialty shops and over 30 yearly public events. This new two-story home exudes elegance from the moment of entry. The first floor features a study off the foyer ideal for at-home work. Down the hall, the modern kitchen melds with the open-plan Great Room and dining room, which has a door to the connecting patio. On the same level is a bedroom ideal for overnight guests, while upstairs are the remaining bedrooms, a tranquil owner's suite and a large loft for shared living space. A 3 car garage adds extra storage. *Photos/Tour of model may show features not selected in home.

Fizbo Market Record — April 4, 2026 Compared against 403 active listings in Westfield, 11,368 across Indiana, and 182,059 nationwide, here is where this property stands. This property is a new construction traditional-style house with 5 bedrooms, 5 bathrooms, and 5,171 square feet of living space. The listing notes that it features a study off the foyer for at-home work, a modern kitchen that melds with the open-plan Great Room and dining room, and a connecting patio door to the outdoors. It's situated on a 0.44-acre lot in the Ravinia subdivision. Priced at $857,990, this listing ranks as one of the more expensive options in the city, priced above 85% of active inventory in Westfield. However, it's worth noting that its price is still below the statewide median of $307,000 and significantly lower than the national median of over $500,000. In terms of square footage, this listing is larger than 91% of competing listings in the city. The property's value position can be considered fair, given its pricing relative to similar homes with the same number of bedrooms and bathrooms. Among the 17 other 5-bedroom/5-bathroom listings in Westfield, this one is priced at the 47th percentile with a median price of $855,990. This suggests that there may be some room for negotiation on the price. One notable differentiator for this listing is its lot size, which ranks as one of the largest in the city, with only 5% of competing listings having more square footage. However, it's worth noting that the property lacks a garage, which is included in 62% of listings in this market and may be an objection to potential buyers. With 403 active listings in Westfield, this property is competing against a relatively high number of options for buyers. The city average days on market is 63, but without more specific data on the listing's age, it's difficult to determine its exact position in the market.
Property Type
Single Family
Style
Traditional
Year Built
2026
Lot Size
19,166 sqft
Price / Sqft
$166
Days on Market
33 days
Full Baths
4
Half Baths
1
Subdivision
Ravinia
New Construction
Yes
MLS #
MBR22086094
Listing Type
Residential
Market
MIBOR
Elementary
Maple Glen Elementary
Middle
Westfield Middle School
High School
Westfield High School
16693 Reed Drive, Westfield, IN 46074 — Hamilton County
Erin Hundley
Compass Indiana, LLC

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How this home compares across city, state, and national benchmarks
Listed at $857,990, this 5-bed house in Westfield is 119% above the Census median home value of $391,900 for Westfield. Compared to 57 other 5-bed homes in Westfield (averaging $983,538), this property is 13% below average. Indiana's median home value is $139,802, putting this listing 514% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 338 homes for sale
Westfield has a population of 51,109 with a median household income of $119,598 and a homeownership rate of 79.7%. The median home value is $391,900 and the median rent is $1,526/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data