




33618 S Water St, Drummond Island, MI, 49726
About This Home
Own a piece of Drummond Island history with this charming and spacious 4 bedroom, 2 bath home offering beautiful water views without the waterfront price tag. Ideally situated on the corner of Lane & Water Street, this grand residence is just steps from Potagannissing Bay and conveniently close to Yacht Haven, the Drummond Island Museum, post office and other local amenities. Lovingly maintained over the years, the home features numerous updates including a newer roof, updated mechanicals and electrical, a new drain field, and more. Best of all, it's being sold fully furnished, making it easy to start enjoying island living from day one. Inside, the inviting floor plan is ideal for both everyday living and entertaining. The main level showcases a spacious great room with abundant natural light, and timeless character throughout. The great room flows into the formal dining area and kitchen, creating a warm and welcoming gathering space. Just off the kitchen, you'll find the first full bath along with a highly functional butler's pantry/laundry room offering exceptional storage. The second floor features four bedrooms, including a spacious primary bedroom, as well as a second full bath. Additional highlights include an attached one-car garage, a basement with excellent storage space, and plenty of historic charm blended with modern comfort. Don't miss this rare opportunity to own a truly special island home filled with character, history, and value.
Getting Around
Schools
Construction
Condition
- Year built: 1907
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,925
- Total interior livable area: 1,925 sqft
Property
Details
- Parcel number: 00616402300
Parking
- Total spaces: 1
- Parking features: GarageAttached
- Has garage: Yes
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
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Chippewa 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 | $1,410 | $16,920 |
| Home Insurance * | $84 | $1,008 |
| Property Taxes | $465 | $5,580 |
| Electricity | $209 | $2,519 |
| Total | $2,168 | $26,016 |
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 |
|---|---|---|
| 2026-07-31 | Price change | $279,000 |
| 2026-05-30 | Listed for sale | $329,000 |
