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6531 Five Mile Point Rd, Allouez, MI, 49805

4beds
3baths
4,794sqft
$1,197,000
$250price/sqft
$7,799/moest. monthly cost
$311,960/yrincome needed

About This Home

Set along an extraordinary stretch of Lake Superior shoreline, this one-of-a-kind Keweenaw County estate offers 585 feet of pristine frontage across 1.45 acres of diverse and captivating landscape. From the state-protected sand dunes on the WSW portion of the property to the dramatic volcanic rock outcroppings along the NNE shoreline, the setting is as rare as it is breathtaking. The 4,794 square foot residence is thoughtfully positioned to maximize both privacy and panoramic lake views. Featuring 4 bedrooms and 3 bathrooms, the home showcases high-end finishes throughout, blending refined design with the rugged beauty of its surroundings. Built with insulated concrete forms, the property offers exceptional energy efficiency, durability, and year-round comfort. Inside, you’ll find a spacious, well-appointed layout complemented by recent upgrades totaling approximately $300,000 since 2021. Improvements include new main-level flooring, fresh interior paint, an upgraded water filtration system, a new Kohler generator, and the addition of a solar energy system. A geothermal heating and cooling system further enhances efficiency and sustainability. The sale includes an impressive collection of furnishings, featuring luxury pieces sourced from France and Scandinavia, allowing for a seamless transition into this turnkey retreat. A three-car attached garage provides ample storage for vehicles and recreational equipment. Ideally located just 2.2 miles from Eagle River and within 30 minutes of Copper Harbor and Mount Bohemia, this property places you in the heart of the Keweenaw Peninsula—an area renowned for its year-round outdoor recreation, including boating, hiking, skiing, and snowmobiling. This is a rare opportunity to own a premier Lake Superior property where luxury, privacy, and natural beauty converge.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

5/10
C.L.K. Elementary SchoolGrades K-511.7 mi
8/10
Washington Middle SchoolGrades 6-811.7 mi
7/10
Calumet High SchoolGrades 9-1211.7 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Basement
  • Construction materials: Cement Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,Water Softener Owned,Electric Water Heater
  • Laundry features: First Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom1

  • Level: First

Bathroom2

  • Level: Basement

Bathroom3

  • Level: First

Bedroom1

  • Level: First
  • Area: 198

Bedroom2

  • Level: First
  • Area: 196

Bedroom3

  • Level: Basement
  • Area: 165

Bedroom4

  • Level: Basement
  • Area: 210

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Window features: Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 2,397
  • Finished area above ground: 2,397

Heating & Cooling

  • Heating features: Heat Pump,Propane,Wood
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 4,794
  • Total interior livable area: 4,794 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 10351000029002
  • Zoning description: Other
  • Special condition: Other/See Remarks,Other-See Remarks

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront
  • Waterbody name: Lake Superior
  • Frontage length: 585

Lot

  • Lot size: 1.45 Acres
  • Features: Large Lot - 65+ Ft.
  • Lot size dimensions: 585 x 116 x 380 x 145 x 24

Parking

  • Total spaces: 3.5
  • Parking features: Garage,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3.5
  • Covered spaces: 3.5

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Keweenaw 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 $6,052$72,624
Home Insurance *$228$2,736
Property Taxes $997$11,964
Electricity $522$6,274
Total$7,799$93,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$267,394/yr
40% on housing$233,970/yr
45% on housing$207,973/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -3.8%
-3.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 49805$256
Keweenaw County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 49805$479
Keweenaw County$53

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
2026-04-21Listed for sale$1,197,000
2021-08-06Sold$549,900
2021-05-29Contingent$549,900
2021-04-30Price change$549,900
2021-03-19Price change$574,900
2021-02-19Price change$589,900
2020-10-17Listed for sale$599,900

For Sale by Agent

AgentMARK COON
BrokerageRE/MAX DOUGLASS R.E.-H

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