Nestled along the serene shores of Lake Michigan, this magnificent nine bedroom nine bath luxury estate boasts over 200 feet of exclusive water frontage, offering unparalleled views! Situated in a picturesque setting, this expansive home exemplifies lakeside living at its finest While being a short distance from downtown Charlevoix. The property features lavish interiors with spacious living areas, gourmet kitchen, and luxurious bedrooms, all designed with exquisite attention to detail. Outside, lush landscaped grounds extend to pool before wondering down to the waterfront, showcasing an outdoor entertainment cabana area just steps from Lake Michigan.
Property Details
Property Features
Property Information:
Living Area: 9,069 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices Real Estate
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.
$39.7K
Per Month
Principal & Interest
$39.6K
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
$23.9K
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.
Elementary School
7
/10
Charlevoix Elementary School
13513 Division Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-6
High School
9
/10
Charlevoix Middle/ High School
5200 Marion Center Rd
Distance between this listing and this school3.11 miles
Public District Grades 7-12
Assigned Schools
7
/10
Charlevoix Elementary School
13513 Division Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-6
Nearby Schools
6
/10
East Jordan Elementary School
304 4th St
Distance between this listing and this school13.32 miles
Public Magnet Grades PK-5
9
/10
Lincoln School
616 Connable Ave
Distance between this listing and this school14.17 miles
Public Magnet Grades KG-5
Nearby Schools
6
/10
Boyne City Middle School
1025 Boyne Ave
Distance between this listing and this school14.66 miles
Public District Grades 5-8
6
/10
Harbor Springs Middle School
800 S State Rd
Distance between this listing and this school14.97 miles
Public District Grades 6-8
7
/10
Petoskey Middle School
801 Northmen Dr
Distance between this listing and this school15.92 miles
Public Magnet Grades 6-8
Assigned Schools
9
/10
Charlevoix Middle/ High School
5200 Marion Center Rd
Distance between this listing and this school3.11 miles
Public District Grades 7-12
Nearby Schools
10
/10
Northwest Academy
115 W Hurlbut St
Distance between this listing and this school0.85 miles
Public Charter Grades PK-12
6
/10
Ellsworth Community School
9467 Park St
Distance between this listing and this school10.83 miles
The neighbors living near this home have an average income of $75,231. Most Charlevoix, MI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 515 Michigan Ave
What is the listing price of this property?
The listing price of 515 Michigan Ave property is $7,950,000.
What type of property is this?
The property 515 Michigan Ave is a house located in Charlevoix, Michigan, 49720.
Is this property for sale now?
Active Listing: 515 Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 515 Michigan Ave are: Charlevoix Elementary School: GreatSchools Rating 7/10Charlevoix Middle/ High School: GreatSchools Rating 9/10
How many bedrooms and bathrooms does this property have?
The property at 515 Michigan Ave has 9 bedrooms and 7 full and 2 half bathrooms.
What is the square footage of this property?
The property 515 Michigan Ave is 9,069 SqFt (source: MLS/tax record).
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 515 Michigan Ave in Charlevoix, MI and zip code 49720. This 9,069 square foot home sits on a 1.63 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $7,950,000.
In October 2024 more than 2 listings in Charlevoix, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Charlevoix, MI increased by 2.8% between September 2024 and October 2024. Listings spent 22 days on the market in October 2024, and had a median list price of $365,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is 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 about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country