2 months on rocket

5550 N Lake Shore Dr, Harbor Springs, MI, 49740

$825,000

Home List Price

$9,797*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
2,450 SqFt
$337/SqFt
House

Location

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5550 N Lake Shore Dr, Harbor Springs$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage2 spaces
Year Built1980
HeatingPropane, Baseboard
BasementYes
FireplaceWood Stove
MLS #474732
Lot Size18.00 Acres
StatusActive

About 5550 N Lake Shore Dr

Situated along the renowned Tunnel of Trees, this 3-bedroom home is set on 18 acres, directly opposite a 50+ acre beachfront nature preserve. The property includes a 60x40 pole barn with a spacious loft, great for storage of all kinds. The home and large yard are perfect for hosting friends and family. Just a few miles north of Good Hart and south of Cross Village. A truly unique opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 2,450 SqFt

Listing Office:

  • Office Name: Graham Real Estate
  • Listing Agent: Tom Graham

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Wood Stove
  • Fireplace: Wood Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage-Attached

Virtual/3D Tour

  • 3D Tour: 5550 N Lake Shore Dr
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Lot Features

Lot Information:

  • Lot: Pole Barn
  • Lot Size: 18.00 Acres

Utilities

Utilities Information:

  • Heating: Propane, Baseboard

Other

Directions Information:

  • Directions: North of Good Hart on M-119, just south of Cross Village.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $337/SqFt
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Housing Market Comparison

See how this home compares to others in Harbor Springs, MI.

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Harbor Springs, MI

City

Med. Sold Price

$535K

Med. Price/SqFt

$276

Avg. Days On Market

74

# of Sold Homes

14

5550 N Lake Shore Dr vs Harbor Springs

83 DAYS ON ROCKET

+9 Days

$825,000

+$290K More

$337/SqFt

+$61 More

KEY TAKEAWAY

This property is $290K more than the Median Sold Price and $61/SqFt more than other homes in Harbor Springs, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #474732

Listing Office:

  • Office Name: Graham Real Estate
  • Listing Agent: Tom Graham

IDX 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
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $124,700
2020 - $119,300
2019 - $112,300
2018 - $103,600
2017 - $101,900

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-746886
8
/10

  • Pellston Elementary School

  • 114 Zipf St

  • 14.74 miles

  • Public District Grades PK-5

school-card-donut-746887
9
/10

  • Lincoln School

  • 616 Connable Ave

  • 18.58 miles

  • Public Magnet Grades KG-5

school-card-donut-746888
7
/10

  • Central Elementary School

  • 410 State St

  • 18.74 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,656. Residents of Harbor Springs, MI typically earn between $35k-100k each year. 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 5550 N Lake Shore Dr

What is the listing price of this property?

The listing price of 5550 N Lake Shore Dr property is $825,000.

What type of property is this?

The property 5550 N Lake Shore Dr is a house located in Harbor Springs, Michigan, 49740.

Is this property for sale now?

Active Listing: 5550 N Lake Shore Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5550 N Lake Shore Dr has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 5550 N Lake Shore Dr is 2,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5550 N Lake Shore Dr is 1980.

Rocket Homes›Michigan›Emmet County›Harbor Springs›49740›5550 N Lake Shore Dr

This home is located at 5550 N Lake Shore Dr in Harbor Springs, MI and zip code 49740. This 2,450 square foot home, which was built in 1980, sits on a 18.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $825,000.

In October 2024 more than 3 listings in Harbor Springs, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Harbor Springs, MI decreased by 9.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $535,000, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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