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466 West St, Lake, MI, 48632

0beds
1baths
1,681sqft
$49,900
$30price/sqft
$540/moest. monthly cost
$21,600/yrincome needed

About This Home

1.21 acres in the heart of Lake George with access to everything that makes this area special. Surrounded by woods, state land, and multiple lakes, this location is ideal for ORV riding, fishing, and year-round outdoor use. Lake George itself is an all-sports lake with public access and boat launch, and you’ll find several other lakes nearby—making this a great spot for anyone who wants to be in the middle of Northern Michigan recreation. The home, built in 1915, is in extremely poor condition. This is most likely a tear-down or full restoration project for someone with vision. With its age, it may be one of the earlier homes established in the area. Well and septic are present, condition unknown. If you’ve been looking for a place to start fresh or take on a serious project in a strong recreational area, this property is worth a look. Interior access is NOT available.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10
Farwell Elementary SchoolGrades PK-39.8 mi
7/10
Farwell High SchoolGrades 8-129.9 mi
4/10
Farwell Middle SchoolGrades 4-79.9 mi

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Stone
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Block,Stone,Partial

Bathroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 560
  • Finished area above ground: 1,121

Heating

  • Heating features: None

Interior Area

  • Total structure area: 1,681
  • Total interior livable area: 1,681 sqft

Property

Details

  • Parcel number: 01027400301
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 195

Lot

  • Lot size: 1.21 Acres
  • Features: Deep Lot - 150+ Ft.
  • Lot size dimensions: 195 x 271 x 195 x 271

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

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Lightning
Hail
Tornado

FEMA Declared Disasters in Clare 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 $252$3,024
Home Insurance *$50$600
Property Taxes $50$600
Electricity $188$2,259
Total$540$6,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,514/yr
40% on housing$16,200/yr
45% on housing$14,400/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: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$30This listing

vs Other Active Listings

Avg $/sqft

ZIP 48632$149
Clare County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 48632
Clare County$113

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
2026-04-13Listed for sale$49,900

For Sale by Agent

AgentSUSAN CARPENTER
BrokerageThree Pines Realty LLC

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