195 Homan Lake Rd Iron River, MI 49935
Property details
About 195 Homan Lake Rd
Move-in ready and waiting for you, this executive home on 10 acres is situated on the private, serene Homan Lake in Iron County, Michigan. The moment you arrive, you’ll never want to leave. The property is beautifully landscaped, with recently epoxied garage floors and freshly stained buildings. Step inside to discover engineered elm floors with in-floor heating, extending even to the attached garage. The open-concept layout features a chef’s kitchen with soapstone countertops, Alder wood cabinets, and vaulted ceilings that flood the space with natural light. Entertain guests in the dining area, complete with a freestanding Woodstock Soapstone fireplace, or relax in the all-season sunroom, which boasts a built-in grill, hood, and stunning lake views. The living room offers another cozy retreat with a handpicked Montana stone fireplace. The main home includes four bedrooms and 2.5 baths, with a master bath shared by two bedrooms, featuring a tiled steam shower, soaking tub, and double sinks. Upstairs, includes 2 more bedrooms and a bath with a balcony with views of the outdoors and lake. Main-floor living is made easy with a laundry room attached to the garage and plenty of storage throughout the property Additional living quarters above the attached garage provide a bedroom, bath for overflow of guests. The 1590+ sq ft guest house adds even more versatility with one bedroom, one bath, a sauna, kitchen, living area, and a family entertaining space. Outside, a retractable electric/remote awning provides shade on hot days, while wood soffits and gutters add to the home’s charm. The extra detached garage includes upstairs storage accessible by stairs. The waterfront features a beautiful landscaped firepit area and a 72-foot aluminum dock, making it easy to enjoy the tranquil beauty of Homan Lake, which has a max depth of 37 feet. This private lake setting offers the peacefulness of the Northwoods while still being close to other rivers, lakes, and streams. Most furnishings and all appliances in both the main house and guest house are included, and both homes are equipped with security systems for added peace of mind. Located on a private road, this property is a true retreat, ready for you to move in and enjoy.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Oven, Refrigerator, Washer
- Basement: No
- Interior: 9 ft + Ceilings, Interior Balcony, Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Spa/Jetted Tub, Security System, Walk-In Closet, Furnished, Spa/Sauna
- Fireplace: Gas Fireplace, LivRoom Fireplace, Wood Burning, Free Standing Fireplace
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage
- Waterfront: Lake Front, Water View, Waterfront, No Wake
- View: Lake, Water
- Exterior: Deck, Patio, Sidewalks
- Heating: Propane, Forced Air, Radiant, Radiant Floor
- Cooling: None
- List Price: $1,875,000
- Price/SqFt: $465
- Lot: Trees
- Directions: From Iron River, W on US2 to left on Smoky Lake Rd, turn right on Homan Lake Rd to property on the left - there are two black gates at the driveway. NO SIGNS
- Year Built: 2013
- Stories: 2
- Living Area: 4,031 SqFt
- School District: West Iron County School District
- Lot Size: 10.29 Acres
- MLS Number: 50154234
- MLS Name: Upper Peninsula Assoc of Realtors
- Office Name: KELLER WILLIAMS CLASSIC REALTY NM
- Office Phone: (763) 463-7500
- Office Email: nikkih@kw.com
- Listing Agent: NICOLE HEBERT
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
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The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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Last updated on: 5/7/2025, 3:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,875,000
195 Homan Lake Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $580,670 | $- |
| 2023 | $555,800 | $- |
| 2022 | $382,700 | $- |
| 2021 | $379,400 | $- |
| 2020 | $371,000 | $- |
| 2019 | $399,200 | $- |
| 2018 | $346,700 | $- |
History based on county public records data.
Nearby schools
3
Stambaugh Elementary School
Public District PK-6
9.9 mi
•700 Washington Ave
4
Northland Pines Elementary-Eagle River
Public District PK-6
24.5 mi
•1700 Pleasure Island Rd
7
Three Lakes Elementary School
Public District PK-6
28.4 mi
•6930 W School St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,500. The most common annual income of people living in Iron River, MI is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Cadillac
What do the neighbors listen to?
Classic Country
Oldies- Country
Frequently asked questions
About 195 Homan Lake Rd
The listing price of 195 Homan Lake Rd property is $1,875,000.
The property 195 Homan Lake Rd is a house located in Iron River, Michigan, 49935.
Active Listing: 195 Homan Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 195 Homan Lake Rd are: Stambaugh Elementary School (GreatSchools Rating 3/10), Northland Pines Elementary-Eagle River (GreatSchools Rating 4/10), Three Lakes Elementary School (GreatSchools Rating 7/10), Phelps Elementary School (GreatSchools Rating 4/10), School of Options & Applied Research Middle School (GreatSchools Rating 5/10), Northland Pines Middle School (GreatSchools Rating 6/10), West Iron County High School (GreatSchools Rating 5/10), Phelps High School (GreatSchools Rating 6/10), Watersmeet Township School (GreatSchools Rating 3/10).
The property at 195 Homan Lake Rd has 5 bedrooms and 3 full and 1 half bathrooms.
The property 195 Homan Lake Rd is 4,031 SqFt (source: MLS/tax record).
The year of construction for 195 Homan Lake Rd is 2013.
This home is located at 195 Homan Lake Rd in Iron River, MI and zip code 49935. This 4,031 square foot home, which was built in 2013, sits on a 10.29 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $1,875,000.
While more than 0 listings in Iron River, MI in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Iron River, MI increased by 12.1% between March and April 2025. While the average time on the market in April 2025 was 132 days, the median list price was $135,000.