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Jenn Smart

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602 S King , Lake City, MI 49651
$499,900
Est. Payment: $2,605.05/mo
3 Bed
2 Bath
1384 Sqft
Status: active | Days on site: 102
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Welcome to one of the most unique opportunities in Lake City. This newly built 3-bedroom, 2-bath home offers the perfect blend of modern construction and flexible use, all within walking distance to Miltner Park and the beautiful shoreline of Lake Missaukee. Whether you are looking for a full-time residence, vacation getaway, or investment property, this home was thoughtfully designed to meet a variety of needs. Built with short-term rental potential in mind, the layout allows for easy conversion into a duplex, featuring separate heating units for each side. This creates an ideal setup for generating income while maintaining privacy and comfort. Inside, you’ll find warm pine tongue-and-groove finishes throughout, paired with high ceilings in the bedrooms that give the home an open, inviting feel. The upstairs windows provide a peaceful view overlooking the lake, adding to the overall Northern Michigan charm. Step outside and enjoy a level of privacy rarely found this close to town, enhanced by a city-approved variance for the fenced yard. Just a short walk brings you to the heart of the community, where you can enjoy beach days, local events, and everything that makes Lake City special. Known for its all-sports lake and hosting one of the most celebrated Fourth of July events in Northern Michigan, this area continues to draw attention from both homeowners and investors alike. With fewer than five homes built after 2020 having sold in Lake City, opportunities like this are incredibly limited. Located on Lakeshore Drive, an area that has consistently shown strong value growth, this property represents not only a place to live or vacation, but a smart long-term investment in a thriving market.

Highlights

Listed by Justin Lewis , 231-920-7579 Five Star Real Estate (Lake City) , 231-920-7579. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.34

Year Built

2026

County

Missaukee

Area

Lake City (57017)

Neighborhood

Langley Add

School District

Lake City Area School District

Listing ID

80067396

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:1384
Below Ground Sq Ft:0
Other:
  • Additional:Cathedral/Vaulted Ceiling
Water:Public Water

Exterior Features

Lot Dimensions:100x148
Zoning:Residential
Sewer:Community
Principal Interest
$2,605
Taxes
$319

Home Price

$499,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$99,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,605.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,605.05 $318.69 $0.00 $2,923.73
Yearly $31,260.58 $3,824.24 $0.00 $35,084.82
Total $937,817.44 $114,727.05 $0.00 $1,052,544.49
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Lake City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 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.

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Data last updated: 2026-09-02T04:57:55.100Z

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