See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1400 Round Point Dr, Indian River, MI, 49749

5beds
3baths
2,438sqft
$1,249,000
$512price/sqft
$9,757/moest. monthly cost
$390,280/yrincome needed

About This Home

This Mullett Lake estate is situated on 200' of frontage with 1+acre of land on famed Round Point. Offering includes a well-maintained 3/2home with master suite overlooking Mullett. Home features fireplace, second living room and large laundry. Property also includes an over-sized garage with plenty of room for boat storage. Above the garage is beautiful 2/1 apartment and large family room. This oversized lot has incredible frontage. Large vessels are able to dock due to the deep water depth. The uniqueness of Round Point are the large parcels to the east. Not cluttered with docks the frontage speaks 'wildlife conservancy.' One of the most tranquil tract of land on the Inland Waterway. This estate is ready for your family and big plans!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

3/10
6/10
Inland Lakes High SchoolGrades 6-128.8 mi

Construction

Materials

  • Foundation: Crawl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Vaulted Ceiling(s)
  • Door features: Doorwall
  • Finished area above ground: 2,438

Heating

  • Heating features: Baseboard,Forced Air,Hot Water,Natural Gas

Interior Area

  • Total structure area: 2,438
  • Total interior livable area: 2,438 sqft

Property

Details

  • Parcel number: 130R1700001100

Features

  • Stories: 2
  • Patio & porch: Deck
  • On waterfront: Yes
  • Waterfront features: Inland Waterway
  • Waterbody name: Mullett Lake

Lot

  • Lot size: 1.06 Acres
  • Lot size dimensions: 1.06

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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Cheboygan 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 $6,315$75,780
Home Insurance *$867$10,404
Property Taxes $2,310$27,720
Electricity $265$3,191
Total$9,757$117,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$334,525/yr
40% on housing$292,710/yr
45% on housing$260,186/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$512This listing

vs Other Active Listings

Avg $/sqft

ZIP 49749$251
Cheboygan County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 49749
Cheboygan County$131

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
2026-07-09Price change$1,249,000
2026-05-21Listed for sale$1,299,000

For Sale by Agent

AgentKurt A Jacobs
BrokerageAlpine Realty Group-Gaylord

Similar Homes