See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

33171 Mrs Reddings Trl, Beaver Island, MI, 49782

4beds
4baths
3,227sqft
$845,000
$262price/sqft
$5,425/moest. monthly cost
$217,000/yrincome needed

About This Home

Tucked among towering hardwoods and overlooking the endless blue waters of Lake Michigan, this exceptional Beaver Island retreat offers the rare combination of luxury, privacy, and proven investment potential. Situated on two waterfront parcels with breathtaking sunset views, this fully finished three-story home is a place where mornings begin with coffee overlooking the lake and evenings end beneath glowing northern Michigan skies. Thoughtfully updated and impeccably maintained, the home is being offered fully turnkey and has operated as a successful vacation rental, making it ideal as both a personal escape and income-producing waterfront property. The main level has been beautifully reinvented with new hardwood flooring, a stunning designer kitchen featuring quartz countertops, updated appliances, and inviting gathering spaces designed for effortless entertaining. Walls of windows draw in natural light and frame the surrounding woodlands and Lake Michigan shoreline, creating a sense of calm and connection to nature from nearly every room. All three finished levels provide generous living space for hosting family and guests, while the wooded acreage offers a rare feeling of seclusion and serenity. Whether you envision summer evenings on the deck, beach walks at sunset, cozy autumn weekends surrounded by color, or creating a legacy property to enjoy for generations, this home delivers an extraordinary island lifestyle that is increasingly difficult to find. Located along one of Beaver Island’s most peaceful stretches of shoreline, this is more than a home - it is a destination, a retreat, and an opportunity to own a truly special piece of Lake Michigan waterfront.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Freezer,Exhaust Fan,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Exterior Entry,Finished Rooms,Finished,Interior Entry

Bedroom2

  • Level: Upper
  • Area: 252

Bedroom3

  • Level: Main
  • Area: 196

Bedroom4

  • Level: Lower
  • Area: 308

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 86.25

Family Room

  • Level: Lower
  • Area: 323.75

Features

  • Bookcases,Entrance Foyer,Pantry,Granite Bath Tops,Granite Counters,Den/Study,Drywall,WiFi
  • Window features: Blinds
  • Flooring: Wood,Tile,Other
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,018
  • Finished area above ground: 2,209

Heating & Cooling

  • Heating features: Forced Air,Baseboard,Propane,Fireplace(s)
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,227
  • Total interior livable area: 3,227 sqft

Kitchen

  • Level: Main
  • Area: 203

Living Room

  • Level: Main
  • Area: 286.75

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Upper
  • Area: 306

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01273001600/73001500
  • Zoning description: Residential
  • Wooded area: 65

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Water
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Island,Sandy Bottom,Gradual Slope to Water,Bluff (greater than 10ft),Available for Purchase,Great Lake,Stony Bottom,Sandy Shoreline
  • Waterbody name: Lake Michigan
  • Frontage type: Waterfront
  • Frontage length: 405

Lot

  • Lot size: 5.55 Acres
  • Features: Wooded,Rolling Slope,Subdivided
  • Lot size dimensions: 405' x 597'

Parking

  • Parking features: None,Gravel

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
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tsunami

FEMA Declared Disasters in Charlevoix County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $4,272$51,264
Home Insurance *$211$2,532
Property Taxes $591$7,092
Electricity $351$4,223
Total$5,425$65,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,000/yr
40% on housing$162,750/yr
45% on housing$144,666/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$262This listing

vs Other Active Listings

Avg $/sqft

ZIP 49782$228
Charlevoix County$286

vs Homes Sold Last Month

Median $/sqft

ZIP 49782
Charlevoix County$293

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

DateEventPrice
2025-08-01Price change$950,000
2025-04-01Price change$1,000,000
2024-12-05Listed for sale$1,035,000
2021-12-21Listing removed--
2021-10-07Price change$699,000
2021-09-30Price change$725,000
2021-08-23Listed for sale$795,000
2020-08-04Sold$435,000
2020-05-11Listed for sale$499,900

For Sale by Agent

AgentSheri Richards
BrokerageFive Star Real Estate

Similar Homes