Lots 317 & 318 across the street from 7670 Five Lakes Dr. Uncover the ultimate retreat on the shores of the all-sport Five Lakes! This unique .46-acre plot offers deeded waterfront access, ensuring endless water activities. Imagine mornings spent kayaking on tranquil waters and evenings enjoying spectacular sunsets over the lake from your own sandy beach. Whether you're dreaming of building your dream house or a vacation hideaway, this buildable land is primed for your vision. Enjoy peaceful strolls along a charming suburban road that winds gently through a green forest, creating a serene and inviting atmosphere. Act now to make this slice of paradise your own!
Property Details
Property Features
Listing Office:
Office Name: BOERMA REALTY, LLC
Office Phone: (989) 560-5779
Listing Agent: Tricia Boerma
Exterior Features
Exterior Information:
Waterfront: Private Frontage, Lake, All Sports
Exterior: None
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 0.46 Acres
Other
Directions Information:
Directions: Surrey Rd to Grant Ave to Beaverton Rd to Lone Pine to Five Lakes Dr
Price Information
Listing Price Info
Price Summary:
List Price: $79,900
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 Farwell, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$466
Per Month
Principal & Interest
$399
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
$306
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
4
/10
Farwell Elementary School
268 E Ohio St
Distance between this listing and this school3.93 miles
Public Magnet Grades KG-3
4
/10
Clare Primary School
205 E Wheaton Ave
Distance between this listing and this school4.20 miles
Public District Grades KG-4
3
/10
Robert M Larson Elementary School
455 W Spruce St
Distance between this listing and this school9.62 miles
Public District Grades KG-2
Nearby Schools
4
/10
Farwell Middle School
500 E Ohio St
Distance between this listing and this school3.84 miles
Public Magnet Grades 4-7
5
/10
Clare Middle School
209 E State St
Distance between this listing and this school4.25 miles
Public District Grades 5-8
4
/10
Harrison Middle School
710 S 5th St
Distance between this listing and this school9.30 miles
Public District Grades 6-8
Nearby Schools
4
/10
Clare Pioneer High School
670 Ann Arbor Trl
Distance between this listing and this school3.64 miles
Public District Grades 9-12
6
/10
Farwell High School
399 E Michigan St
Distance between this listing and this school3.87 miles
Public Magnet Grades 8-12
9
/10
Clare High School
306 Schoolcrest Ave
Distance between this listing and this school4.20 miles
The neighbors living near this home have an average income of $51,263. Typical income of Farwell, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7670 Five Lakes Dr
What is the listing price of this property?
The listing price of 7670 Five Lakes Dr property is $79,900.
What type of property is this?
The property 7670 Five Lakes Dr is land located in Farwell, Michigan, 48622.
Is this property for sale now?
Active Listing: 7670 Five Lakes 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 7670 Five Lakes Dr in Farwell, MI and zip code 48622. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $79,900.
In November 2024 more than 3 listings in Farwell, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 3 were sold below. The number of listings in Farwell, MI decreased by 12.2% between October 2024 and November 2024. In November 2024, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $195,000.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country
Oldies