240 Water St, East Jordan, MI, 49727
About This Home
Set along 200 feet of frontage on the South Arm of Lake Charlevoix, this East Jordan property captures what waterfront living Up North is all about. Thoughtfully updated throughout, the home offers up to six bedrooms, three full baths, and two half baths—plenty of space for hosting, gathering, and making the most of every season. Inside, the layout is designed for both everyday comfort and entertaining. A well-appointed kitchen with butler’s pantry makes hosting easy, while a nearby den offers a quieter space to unwind. Large windows and doors bring in natural light and keep the focus on the water. Outdoors is where this property really shines. A spacious deck overlooks the lake, creating the perfect setting for long summer evenings, morning coffee, or sunset views across the South Arm. The included dock makes getting out on the water simple, whether it’s boating, swimming, or just enjoying the shoreline. Additional features include a solid two-car garage and two motorcoach pads with electric and sewer hookups—ideal for guests or extra flexibility. After a day on the lake, relax in the lakeside hot tub or gather around the fire for a classic Northern Michigan evening. A rare opportunity to enjoy updated, move-in-ready waterfront in a location known for its natural beauty, boating, and year-round appeal. Boat and Jet skis available separately.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Roof: Asphalt
Notable Dates
- Major remodel year: 1948
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Ceiling Fan(s)
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Details
- Parcel number: 05302304900
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charlevoix County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,363 | $148,356 |
| Home Insurance * | $634 | $7,608 |
| Property Taxes | $2,015 | $24,180 |
| Electricity | $327 | $3,926 |
| Total | $15,339 | $184,068 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Price change | $2,445,000 |
| 2026-05-15 | Listed for sale | $2,495,000 |
| 2024-03-21 | Sold | $2,000,000 |
| 2021-02-09 | Listing removed | -- |
| 2017-05-24 | Listing removed | $344,000 |
| 2016-08-31 | Price change | $344,000 |
| 2016-05-26 | Price change | $349,000 |
| 2016-03-20 | Listed for sale | $355,000 |
| 2016-02-12 | Listing removed | $369,000 |
| 2015-11-13 | Price change | $369,000 |
| 2015-07-07 | Price change | $648,000 |
| 2015-07-02 | Listed for sale | $668,000 |
| 2015-04-09 | Listing removed | $379,000 |
| 2015-02-20 | Price change | $379,000 |
| 2014-10-02 | Price change | $668,000 |
| 2014-03-20 | Price change | $698,000 |
| 2014-03-12 | Price change | $399,000 |
| 2014-02-24 | Price change | $698,000 |
| 2014-02-14 | Price change | $399,000 |
| 2013-03-05 | Listed for sale | $759,000 |
| 2013-01-02 | Listing removed | $429,000 |
| 2011-11-15 | Listed for sale | $429,000 |
| 2011-10-04 | Listing removed | $439,000 |
| 2011-05-12 | Listed for sale | $439,000 |
For Sale by Agent
View on Zillow