9977 N Lake Road Otter Lake, MI $ 389,769
9977 N Lake Road
$ 389,769
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9977 N Lake Road

Otter Lake, MI, 48464
$ 389,769
Bedrooms3 Baths2.0 Sq 1,500

Monthly Estimate*

$ 2,591

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Single Family Home for sale in Otter Lake, MI

for $389,769 with 3 bedrooms and 2 full baths. This 1,500 square foot home was built in 1954 on a lot size of 0.71.

This home has it all! Enjoy all sports North lake located close to Macomb and Oakland county. This is a quiet community that has everything to offer. Great Fishing, Boating, Swimming and so much more. Located on the south end of the lake (deepest part) this home has one of the largest lake frontages (140 ft), a sandy beach, and two docks. 3 lots are included, all be sold together for the first time, 2 of them are on the Lake. The 3rd lot located behind the home has a large barn, 2 carports for boat or camper storage, electric and septic. This lot has been used for campers (full hook up), extra space and parking. The home has plenty of room for a large family, the primary bedroom has a full bath and room for multiple beds with a private balcony with lake views, Open concept on the first floor with room for dining and a bonus room that is used for extra sleeping. The seller has used this home for the family for years and also has a strong AirBNB profile with over 30 5 star reviews. Any time they don't go to the cottage they post it live on Airbnb and it rents instantly for around $250 a night. The 2 car garage next to the house has been converted into living quarters with a bed and living area which allows this home to sleep 12 comfortably. (Can easily be converted back) All appliances, pontoon and most of the furnishings are included with a full price offer. Close to the Metro Detroit area (about an hour), 20 minutes from Frankenmuth, 15 minutes to grocery but still has the "Up North" feel you are looking for. The homes on the lake are about 50/50 full time/part time. This is a public Lake with a boat drop, public park and beach. I know this family has loved this cottage, the neighbors, the lake life and everything this property has to offer, although it is bittersweet they are excited to allow a new family this opportunity.

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Single Family Active

Price

$ 389,769

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,865

Style

Colonial

Lot Size

0.71

Year Built

1954

Town/City

Otter Lake

County/Region

Lapeer

MLS | Web ID

20230074743

Features
General
Interior Features 100 Amp Service Furnished - Partially
Sewer Septic Tank (Existing)
Heating Forced Air
Cooling Ceiling Fan(s) Window Unit(s)
Waterfront Description Beach Front Lake Privileges Water Front
Possession Negotiable
Exterior Features Awning/Overhang(s) Lighting
Pool Y/N 0
Full Baths 2
Half Baths 0
Year Built 1954
Property Type Residential
Warranty No
Subdivision Name ROOT'S ACRES
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 259
MLS Area Marathon Twp
Directions North Lake rd to Castle Turn left Follow around curve Turn right at private drive across from W Castle Between Mailboxes and DEAD END Sign (Blue Rock)
City Marathon Twp
Terms Offered Cash Conventional FHA FHA 203K USDA Loan (Rural Dev) VA
School District Lakeville
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name LAKE
Homestead 0
Assessment 110.00
Total Sq Ft 1500
DOM 259
Taxes 1865.0000
HOA Fee 0
Legal Description 13 45 813 000 00 T9N R9E ROOT'S ACRES LOT 13.
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Interior
Heating Fuel Natural Gas
Basement Y/N 0
Fireplace 1
Street Suffix Road
Beds Total 3
Total Baths 2.00
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Exterior
Waterfront 1
Lot Features Dead End Street Vacation Home Water View
Exterior Vinyl
Waterfront Name North Lake
Garage Features Carport Electricity Door Opener Detached
Garage Capacity 2 Car
Lot Size Area 0.71
Water Source Well (Existing)
WaterFront Features All Sports Lake
Foundation Slab
Lot Size Dimensions 75.00 x 82.80
Porch Balcony Deck Patio Patio - Covered
Roof Material Asphalt
Garage Y/N 1
Architecture Level 2 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Timothy M Wilds

Listing Agent

Gsa Elite Realty

Broker

(586) 604-6846

Phone

Affordability Calculator

$2,746
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,591
Monthly Property Taxes
$155
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848408 Elementary School
848395 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$389,769 -2.53% Price Down
4/22/2024$399,900 -2.44% Price Down
4/8/2024$409,900 -4.65% Price Down
3/19/2024$429,900 -0.60% Price Down
2/20/2024$432,500 -0.55% Price Down
9/27/2023$434,900 -1.14% Price Down
9/6/2023$439,900 Listed Price

Map


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9977 N Lake Road, Otter Lake, MI, 48464 is a Single Family Home for sale at $389,769 with 1,500 sqft and a lot size of 0.71. 9977 N Lake Road has 3 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 48464 which is in Otter Lake, MI