$249,000

7500 Five Lakes Dr Farwell, MI 48622

$2,957
Closing credit¹
3 beds
1 full
1,440 sqft
0.3 acres
$173 / sqft
House

Property details

About 7500 Five Lakes Dr

Serene lakeside retreat on all-sports Five Lakes in Clare County, Michigan. This approximately 0.3-acre property offers private water frontage with stunning hilltop views of the natural shoreline. Tucked away on a paved dead-end road, the home combines peaceful seclusion with everyday convenience. Inside, you'll find a walkout lower level that includes a family room, home office, laundry and storage room, and three-plus bedrooms—ideal for both everyday living or weekend getaways. The gourmet European-style kitchen is equipped with solid surface countertops, high-end cabinetry, and stainless steel appliances, perfect for cooking and entertaining. The home also features a large deck overlooking the lake, natural gas service, high-speed internet, and ample parking. There's also room to add a garage if desired. Whether you are looking for a full-time residence or a weekend escape, this property offers a rare combination of comfort, character, and waterfront enjoyment.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,440 sqft
Lot size0.35 Acres
Year built1974
ParkingGravel,Dirt,Private, None
MLS #1935096
WaterfrontPrivate Frontage, Lake, All Sports, Water View, Sandy Bottom, Public Lake

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer, Ceiling Fan(s), Electric Water Heater
  • Interior: Solid Surface Counters, Drywall
  • Fireplace: None
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Gravel,Dirt,Private, None
  • Waterfront: Private Frontage, Lake, All Sports, Water View, Sandy Bottom, Public Lake
  • Exterior: Deck,Gutters, Wood
  • Architectural Style: 1 Story
  • Heating: Forced Air
  • List Price: $249,000
  • Price/SqFt: $172
  • Annual Tax Amount: $1,903
  • Tax Year: 2024
  • Lot: Sloped
  • Directions: Grant, Beaverton, Five Lakes Dr
  • Year Built: 1974
  • Living Area: 1,440 SqFt
  • Lot Size: 0.35 Acres
  • MLS Number: 1935096
  • MLS Name: CMIAR
  • Office Name: CENTURY 21 SIGNATURE REALTY - CLARE
  • Office Phone: (989) 708-1845
  • Listing Agent: Daniel Dwyer-Snyder

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: 6/20/2025, 12:45:28 AM 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

7500 Five Lakes Dr, Farwell, MI 48622 - rear view of property with a wooden deck, a lawn, stairs, and stucco siding

$249,000

7500 Five Lakes Dr

$2,957

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

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$82,245$1,903
2023$74,108$-
2022$68,067$-

History based on county public records data.

Nearby schools

4

Farwell Elementary School

Public Magnet KG-3

4.0 mi

268 E Ohio St

4

Clare Primary School

Public District KG-4

4.4 mi

205 E Wheaton Ave

3

Robert M Larson Elementary School

Public District KG-2

9.5 mi

455 W Spruce 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 $51,263. The majority of Farwell, MI residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
70%
35k-100k
6%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
7%
Single, with Kids
46%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
19%
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
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 7500 Five Lakes Dr

The listing price of 7500 Five Lakes Dr property is $249,000.

The property 7500 Five Lakes Dr is a house located in Farwell, Michigan, 48622.

Active Listing: 7500 Five Lakes Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7500 Five Lakes Dr are: Farwell Elementary School (GreatSchools Rating 4/10), Clare Primary School (GreatSchools Rating 4/10), Robert M Larson Elementary School (GreatSchools Rating 3/10), Farwell Middle School (GreatSchools Rating 4/10), Clare Middle School (GreatSchools Rating 5/10), Harrison Middle School (GreatSchools Rating 4/10), Clare Pioneer High School (GreatSchools Rating 4/10), Farwell High School (GreatSchools Rating 6/10), Clare High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $1,903 (source: MLS/based on county public records data).

The property at 7500 Five Lakes Dr has 3 bedrooms and 1 bathroom.

The property 7500 Five Lakes Dr is 1,440 SqFt (source: MLS/tax record).

The year of construction for 7500 Five Lakes Dr is 1974.

This home is located at 7500 Five Lakes Dr in Farwell, MI and zip code 48622. This 1,440 square foot home, which was built in 1974, sits on a 0.35 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $249,000.

Farwell, MI housing market in May 2025 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 5 sold below. The number of listings in Farwell, MI increased by 11.1% between April and May 2025. The median list price of listings available in May 2025 was $195,000, while the average time on the real estate market was 53 days.

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

More resources