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198 Graham Ave, Saint Ignace, MI, 49781

4beds
2baths
2,132sqft
$524,000
$246price/sqft
$3,366/moest. monthly cost
$134,640/yrincome needed

About This Home

Perched high on a bluff, this charming, four-bed, two-bath home boasts stunning views of the Straits of Mackinac and is located in a quiet, highly sought after area of St Ignace, only a stone's throw from the Mackinac Bridge. Although built for occasional use throughout the year, this turn-key home is very well-suited for year-round living and is conveniently located just one minute out of town where you will find plenty of restaurants, the marina, ferry docks, the local museums & shops. The ground floor offers an open-concept kitchen/dining/living area with high ceilings and seamless double-door access to the expansive south-facing wrap-around deck, offering plenty of space for entertaining and evening BBQs. You will also find two good-sized bedrooms and a full bathroom conveniently located on the ground floor. Upstairs offers a bright & spacious additional living area, a full bathroom, a further bedroom (or office/bonus room) and an enormous primary bedroom with the same high ceilings and gorgeous views over your large backyard (.76-acre parcel) to Lake Huron. The home has been meticulously cared for and is wired throughout for an in-home entertainment system and has a two-car attached garage that maintains heat throughout the winter. The custom roof (2016) is made of upscale shingle-look aluminum and comes with a transferable warranty offering peace of mind for years to come. So come take a look at all this luxurious property has to offer!

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
St. Ignace Middle SchoolGrades PK-81.7 mi
6/10
Lasalle High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Crawl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Chalet
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer,Range/Oven,Refrigerator,Microwave,Disposal,Dryer,Dishwasher
  • Laundry features: Lower Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Window features: Blinds
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area above ground: 2,132

Heating

  • Heating features: Gas Fireplace/Stove,Natural Gas

Interior Area

  • Total structure area: 2,132
  • Total interior livable area: 2,132 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Covered Entrance

Details

  • Parcel number: 05262006830

Features

  • Patio & porch: Deck
  • On waterfront: Yes
  • Frontage type: None

Lot

  • Lot size: 0.76 Acres
  • Features: Landscaped
  • Lot size dimensions: 158 x 209

Parking

  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Has uncovered spaces: 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
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Tsunami

FEMA Declared Disasters in Mackinac 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 $2,649$31,788
Home Insurance *$110$1,320
Property Taxes $375$4,500
Electricity $232$2,790
Total$3,366$40,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,405/yr
40% on housing$100,980/yr
45% on housing$89,760/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: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 49781$165
Mackinac County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 49781
Mackinac County$194

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

DateEventPrice
2026-05-01Listed for sale$525,000
2026-05-01Listing removed$569,000
2025-02-19Listed for sale$569,000

For Sale by Agent

AgentMelissa Townsend
BrokerageMackinac Properties, Inc

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