




7020 Loud Island, Oscoda, MI, 48750
About This Home
Once a private retreat of Michigan lumber magnate Edward F. Loud and his family, Loud Island is over 30 acres of densely wooded bliss, set in Van Etten Lake just two miles from the gorgeous shores of Lake Huron in northeastern Michigan. Its perfect location puts you close to a public airport, over 230,000 acres of National Forest, the beautiful AuSable River and numerous golf courses. The historic cedar and hemlock lodge is set high on the peninsula of the island with breathtaking views to the east and west, start your day off with a cup of coffee and the sunrise and end the day with a glass of wine and the sunset! Extensive foundation-to-roof renovations done in the 1980's and 90's paid careful attention to preserving the lodge's original character. The 33x30 living room features custom California Redwood furnishings, the dining room seats 12, and the kitchen has been fully modernized. Seven bedrooms, three baths, a large sitting room, an office, and an exercise room round out the lodge's roomy interior. Next to the lodge you have a caretaker's home and a heated workshop. The primary power of electricity comes via underwater cable with Geothermal pumps to heat and cool the lodge. The island's central clearing, which houses maintenance equipment and a tractor, is also perfect for a helicopter pad. While ideal for a family sanctuary, Loud Island could easily be developed into a destination for numerous owners. Besides all furnishings included in this listing, a mainland lot on Loud Dr. is also included with docks and a boat well. This Michigan Island is a one-of-a-kind!
Getting Around
Schools
Construction
Materials
- Foundation: Crawl
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Main Level
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Door features: Doorwall
- Finished area above ground: 4,298
Heating & Cooling
- Heating features: Geothermal
- Cooling features: Central Air,Geothermal
Interior Area
- Total structure area: 4,298
- Total interior livable area: 4,298 sqft
Property
Details
- Parcel number: 06301720000200 and 064L9000000400
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake
- Waterbody name: Van Etten Lake
Lot
- Lot size: 34.40 Acres
- Lot size dimensions: 34.40 ac
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
- Winter Weather
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Iosco 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 | $5,056 | $60,672 |
| Home Insurance * | $530 | $6,360 |
| Property Taxes | $1,708 | $20,496 |
| Electricity | $468 | $5,625 |
| Total | $7,762 | $93,144 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-12 | Price change | $1,000,000 |
| 2025-10-05 | Listed for sale | $1,300,000 |
| 2025-01-05 | Listing removed | $1,900,000 |
| 2024-08-14 | Listed for sale | $1,900,000 |
| 2024-08-07 | Listing removed | $1,900,000 |
| 2024-05-10 | Price change | $1,900,000 |
| 2023-08-10 | Listed for sale | $2,400,000 |
