5892 Woodland Dr, Lake, MI, 48632
About This Home
This charming and unique A-frame house is ready for its next owner. Will consider Land Contract. $35,000 down; $750 a month plus taxes and insurance. Will payoff in less than 5 years at 10% Interest. The cozy loft bedroom features two skylights, offering plenty of natural light by day and a view of the stars at night. Inside, you'll find a tongue-and-groove wood interior, cathedral ceilings, and one-of-a-kind furnishings, all included with the home. The wood stove is perfect for keeping the entire space toasty and inviting. The property sits on a 75' x 150' lot, with an additional adjoining 75' x 150' lot that includes a two-car garage with a new metal roof and garage door. Address for the garage lot is 5882 Woodland Dr (Id 014-420-327-00). The property is being sold "as is," and both lots have their own well and septic systems, though the septic's origins are unknown. While the property and home may need some work, it holds great potential for expansion or conversion into a rental property, such as an Airbnb. Located in the Hill Haven Subdivision, this property provides lake access to Halfmoon Lake Bertha, and just down the road, you'll find Bear Lake, which offers a boat launch, dock, pavilion, and beach area. You even have the option to purchase a yearly gate key for additional access. This property offers a wonderful opportunity for anyone looking to make it their own or explore its investment potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1967
Materials
- Foundation: Pillar/Post/Pier
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s)
- Door features: Doorwall
- Finished area above ground: 360
Heating
- Heating features: Space Heater,Wood,Wood Stove
Interior Area
- Total structure area: 360
- Total interior livable area: 360 sqft
Property
Details
- Parcel number: 01442032800; 01442032700
- Zoning: Residential
Features
- Stories: 2
- Patio & porch: Deck,Patio/Porch
- Frontage type: None
Lot
- Lot size: 0.50 Acres
- Lot size dimensions: 150 x 150
Parking
- Parking features: Garage
- 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
- Strong Wind
- Winter Weather
- Cold Wave
- Lightning
- Hail
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Clare 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 | $378 | $4,536 |
| Home Insurance * | $75 | $900 |
| Property Taxes | $61 | $732 |
| Electricity | $188 | $2,259 |
| Total | $702 | $8,424 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-30 | Listed for sale | $74,900 |
| 2026-01-01 | Listing removed | $69,999 |
| 2025-07-15 | Price change | $69,999 |
| 2025-06-18 | Price change | $74,900 |
| 2025-03-19 | Listed for sale | $79,900 |
| 2025-03-17 | Listing removed | $79,900 |
| 2025-01-07 | Price change | $79,900 |
| 2024-12-02 | Price change | $82,900 |
| 2024-10-23 | Listed for sale | $89,999 |
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