WaterfrontPrivate Frontage, Waterfront, All Sports, Sandy Bottom, Private Lake
MLS #1914754
Lot Size0.47 Acres
StatusActive
About 3 Peterson Dr
125' on Stoneledge Lake. Cleared lot on paved road provides excellent, elevated building site app. 10 minutes from Cadillac, sloping to the beach with a partial retaining wall. Area of nice homes. All sports lake. Owner will consider land contract terms! Stone Ledge Lake in Wexford County, Michigan is 83.3 acres in size. The lake has an average depth of 20 feet and a perimeter of 4,130.2 meters.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Schmidt-S.Bay
Listing Agent: Pamela Mork
Exterior Features
Exterior Information:
Waterfront: Private Frontage, Waterfront, All Sports, Sandy Bottom, Private Lake
Exterior: Bay View, Landscaped
Lot Features
Lot Information:
Lot: Sloped, Cleared
Lot Size: 0.47 Acres
Other
Directions Information:
Directions: From Cadillac: South on M-115, Right (West) on E 50 Rd, Right (North) onto Peterson Dr. Third lot on left. Property is located between 9543 and 9551 Peterson Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $160,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cadillac, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$866
Per Month
Principal & Interest
$799
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$546
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Franklin Elementary School
505 Lester St
Distance between this listing and this school4.87 miles
Public District Grades PK-5
4
/10
Lincoln Elementary School
125 Ayer St
Distance between this listing and this school5.86 miles
Public District Grades KG-5
7
/10
McBain Elementary School
107 E Maple St
Distance between this listing and this school8.69 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mackinaw Trail Middle School
8401 S Mackinaw Trl
Distance between this listing and this school2.77 miles
Public District Grades 6-7
6
/10
McBain Middle School
107 E Maple St
Distance between this listing and this school8.70 miles
Public District Grades 6-8
5
/10
Pine River Area Middle School
17445 Pine River Rd
Distance between this listing and this school9.51 miles
Public District Grades 4-7
Nearby Schools
3
/10
Cadillac Innovation High School
221 Granite St
Distance between this listing and this school4.32 miles
Public District Grades 9-12
7
/10
Cadillac Senior High School
400 Linden St
Distance between this listing and this school5.27 miles
Public District Grades 9-12
8
/10
McBain High School
107 E Maple St
Distance between this listing and this school8.72 miles
The neighbors living near this home have an average income of $36,532. Typical income of Cadillac, MI residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3 Peterson Dr
What is the listing price of this property?
The listing price of 3 Peterson Dr property is $160,000.
What type of property is this?
The property 3 Peterson Dr is land located in Cadillac, Michigan, 49601.
Is this property for sale now?
Active Listing: 3 Peterson Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3 Peterson Dr in Cadillac, MI and zip code 49601. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since August 19, 2023 and is currently priced at $160,000.
Over 7 listings were sold over their listed price in October 2024 in Cadillac, MI. In the same period over 11 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Cadillac, MI increased by 21.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $224,416, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.
Monster Trucks
Monster Trucks
Hunting
NASCAR
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country