$2,255

closing credit¹

501 S Lakeshore Dr Lake City, MI 49651

$189,900
2 beds
1 full, 1 partial
936 sqft
0.3 acres
$203 / sqft
House

Property details

About 501 S Lakeshore Dr

Welcome to this charming well maintained 2 bedroom, 1.5 bath ranch home situated across from beautiful 1,880 all sports Lake Missaukee in the heart of Northern Michigan and conveniently located just three blocks from downtown, where shopping, restaurants, and entertainment are easily accessible. This would be an ideal spot for anyone looking to enjoy the benefits of city living but just on edge of town. This home offers a cozy setting with its private backyard providing a great space for outdoor dining and entertaining as you grill or enjoy smores around a campfire. There is a 1 1/2 attached garage with a carport, concrete driveway for convenient turn around to easily pullout and a 12x12 shed to store mower and outdoor items. Updates include: high-efficiency furnace, air conditioning added, newer double pane windows, carpet, vanities in bathrooms. This home is situated across the street from a public Miltner beach where a sandy beach is waiting for you to sink your toes in the sand, launch your kayak or paddleboard without the full cost of waterfront taxes. For investors this has been a very successful rental for the last several years. With it's move-in ready condition, you can simply unpack and start enjoying the four season fun that Lake City has to offer.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size936 sqft
Lot size0.26 Acres
Year built1968
ParkingConcrete,Private, Attached,Carport,Paved Driveway,Concrete Floors
MLS #1930029
Attached garage1 space
WaterfrontAll Sports, Sandy Bottom, Public Lake, Sandy Shoreline

Summary

  • MLS Number: 1930029
  • MLS Name: TAAR
  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Office Email: tamara@city2shore.com
  • Listing Agent: Tamara McLeod Helsel

Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 1/29/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home featuring a carport

$189,900

501 S Lakeshore Dr

$2,255

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

YearAssessmentProperty Tax
2024$66,500$2,134
2023$54,100$1,960
2022$45,800$2,031
2021$42,800$2,031
2020$38,700$2,031
2019$33,800$2,031
2018$33,700$2,031
2017$49,200$1,067

History based on county public records data.

Nearby schools

6

Lake City Elementary School

Public District KG-5

0.5 mi

5534 W Davis Rd

7

McBain Elementary School

Public District PK-5

9.1 mi

107 E Maple St

7

Franklin Elementary School

Public District PK-5

10.2 mi

505 Lester 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 $41,190. The most common annual income of people living in Lake City, MI is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
46%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
34%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

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

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Frequently asked questions

About 501 S Lakeshore Dr

This home is located at 501 S Lakeshore Dr in Lake City, MI and zip code 49651. This 936 square foot home, which was built in 1968, sits on a 0.26 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $189,900.

Over 0 listings were sold over their listed price in December 2024 in Lake City, MI. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Lake City, MI decreased by 10.8% between November and December 2024. Listings spent 41 days on the market in December 2024, and had a median list price of $235,000 during the same period.

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

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