$2,195,000

195 Homan Lake Rd Iron River, MI 49935

$10,000
Closing credit¹
5 beds
3 full, 1 partial
4,031 sqft
10.3 acres
$545 / sqft
House

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

Home typeSingle Family Residence
HeatingPropane, Forced Air, Radiant, Radiant Floor
StatusActive
Size4,031 sqft
Lot size10.29 Acres
Year built2013
ParkingGarage
MLS #50154234
Attached garage4 spaces
WaterfrontLake Front, Waterfront, No Wake
FireplaceGas Fireplace, LivRoom Fireplace, Wood Burning, Free Standing Fireplace
ViewLake, Water

Summary

  • 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

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

log home featuring a garage and a front yard

$2,195,000

195 Homan Lake Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,500. The majority of Iron River, MI residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
47%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
9%
18-34 yrs old
49%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • CadillacCadillac

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 195 Homan Lake Rd

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 $2,195,000.

In February 2025 more than 0 listings in Iron River, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Iron River, MI between January and February 2025 decreased by 2.8%. In February 2025, listings were on the market for 125 days. During the same period, the median list price in this real estate market was $65,600.

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

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