10295 Lakeview Rd, Carp Lake, MI, 49718
About This Home
Welcome to 10295 Lakeview Drive — a little slice of paradise in the heart of the Paradise Lake community and an excellent opportunity for personal enjoyment and vacation rental income. This meticulously maintained and exceptionally clean one-bedroom cottage offers an efficient, comfortable layout with deeded shared access to beautiful Paradise Lake, making it an ideal Up North getaway for owners and guests alike. Offered fully furnished, including furniture, bedding, kitchenware, and household essentials, this turnkey property is ready to enjoy from day one or begin generating rental income immediately. Recent updates include fresh paint, bathroom, updated appliances, and a mini-split heating and cooling system rated for below-freezing temperatures, providing year-round comfort. A cozy wood stove adds warmth and charm during the cooler months. The detached one-car garage includes a cement floor as well as and electric and provides excellent storage for kayaks, bikes, snowmobiles, side-by-sides, and all your Northern Michigan gear. Its prime location within walking distance of Paradise Lake, the public boat launch, marina, restaurant, bar, and general store adds to its appeal as a desirable vacation destination. Whether you're looking for a low-maintenance personal retreat, a year-round residence, or an investment property with vacation rental potential, this charming cabin offers flexibility and value. Spend your days boating, fishing, swimming, and exploring everything the Paradise Lake area has to offer while owning a property that can work for you when you're not using it. Affordable, move-in ready, and packed with Up North charm, this is your opportunity to own a piece of paradise with income-producing potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Wood Frame/Site Built
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Refrigerator,Range
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Mini Blinds
- Fireplace features: Wood Burning Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Wood,Heat Pump
- Cooling features: Wall Unit(s),Ceiling Fan(s)
Interior Area
- Total interior livable area: 464 sqft
Property
Details
- Parcel number: 030610428005
Features
- Levels: One
- Stories: 1
- Waterfront features: Water Access
Lot
- Lot size: 7,405 sqft
- Features: Near Snowmobile Trails
Parking
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 1
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 Emmet 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 | $707 | $8,484 |
| Home Insurance * | $45 | $540 |
| Property Taxes | $95 | $1,140 |
| Electricity | $188 | $2,259 |
| Total | $1,035 | $12,420 |
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 |
|---|---|---|
| 2026-07-02 | Listed for sale | $139,900 |
| 2016-11-04 | Sold | $34,000 |
| 2016-05-24 | Listed for sale | $39,900 |
For Sale by Agent
View on Zillow